@Barbara: I agree that the app industry has become very competitive with a large number of apps in the market and a lot of app developers involved. However, the industry is also a growing one. Smartphones are getting cheaper and becoming more affordable. More and more people each year are becoming smartphone users from normal cellphone users. I guess this makes the future very bright for app developers.
I agree Taimoor, but like so many things, I think the lifecycle of apps is short-lived. Like dotcoms, there are too many apps striving for an increasingly diminishing piece of the Apple OS or the Android pie. I think the market will be quickly saturated and people will make a lot less money developing apps.
I think mobile app development is certainly an exciting and a lucrative field for young techies who want to be entrepreneurs. The attractiveness lies in firstly having a chance to hit a jackpot if your app becomes successful, and secondly the low investment involved in creating and launching an app. I wonder why app developers are not targeting the commercial sector and making apps that can be used by local businesses. That's also a very attractive niche market.
All true. I'm also curious if the fact that it's a game about quitting smoking isn't a useful indicator. We know that people are urged to quit smoking in part to save money -- tobacco is expensive. And we know apps are really, really cheap (in this case, a buck). So I wonder if the crisis doesn't provide an argument for app development that specifically targets crisis-related behavior, like smoking or quitting smoking. And I wonder if apps in general aren't the wise tech investment now because even someone who is worried about his or her job still has a buck to spend on an app. A few hundred to spend on a device, perhaps not so much, these days.
It's good to see that mobile app development is becoming a cottage industry like the dotcoms of the late '90's. I'm sure this is what a lot of mobile platform developers want to see: the killer app that makes the platform a "must have".
The economic hit on the demegraphic you described can limit the sale of app's, but in hard times certain items, like entertainment, become indispensible. The mobile platform seems resistant to file sharing, especially of app's, so if app's can be tied in with good music and video, that's promising for the industry.
Marc: sometimes, the best stories out of a tech-heavy conference are the human interest ones. I love 'em because I'm not much of a tecchie. But in this economy, this kind of success story is very compelling. I know a lot of good stuff will come out of MWC, but this might be the most positive piece for troubled times. Thanks for bringing this to our attention.
On another note:
"Throw a pack of cigarettes in San Francisco or New York and you'll hit a mobile app developer."
Is the opposite true? If you throw a mobile app developer, will you hit a pack of cigarettes?
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.