Why do people invest in Public Companies that are in the Mobile Sector?
Why do people invest in Public Companies that are in the Mobile Sector?
The Wireless sector has been praised by Forrester’s Research in recent reports that suggest now is the time for mobile applications as the economic downturn increases the demand to control costs, place the right resources where they need to be and are needed, and secure an return on investment (ROI) as fast as possible. If firms are justifying their investment to cut costs, and the continued expectation of analysts that companies are going to continue to invest in mobile applications and solutions regardless of an economic timeframe, then it’s no wonder investors are considering Mobile Application and Service companies for their investment as well.
As companies continue to see returns in 12-18 month periods deploying solutions that cut costs, improve worker productivity, and enhance business process efficiencies… more firms will adapt mobile applications and solutions with their business processes in mind.
The Market is limitless, where by solutions can be implemented securely and conveniently in transportation, healthcare, telecommunications, oil and gas, retail, warehouse distribution, manufacturing, and beyond to the new “wannabe” category which is suggested to be 25% of the workforce by the end of 2012. The mobile application’s time has come, and so has the time for companies and people to invest in it.
“Buyers are investing in mobile applications for both line-of-business (LOB) personnel and the rising number of mobile-wannabe workers who bring their personal mobile devices into the office. As the mobile demands on IT departments increase, we are seeing rising demand for mobility management services (e.g., mobile device management, help desk support, and break/fix services).” Forresters
In general, the mobile software market could reach $67.3 billion in 2013, says Frost & Sullivan;
“Over the next decade, the cycle of software development, where many mobile software products and applications were developed originally for other types of devices, will reverse,” said Frost & Sullivan analyst Daniel Longfield. “This reversal is likely because the number of mobile devices manufactured is expected to continue to outpace all other types of personal electronics and also due to smart phones possessing more processing speed and memory.”
The overwhelming increase in devices, the requirement of workers to link their mobile devices to corporate networks, intelligence, and reporting; to implement a strategy for inventory and resource tracking; the unified mobile platform integration across all levels of business, with all levels of the workforce, all levels of automation, anywhere and anytime; the time is now to invest in mobile.
Other companies emerging within this sector include, but are not limited to CISCO, MOTOROLA, GOOD TECHNOLOGY, MICROSOFT, RESEARCH IN MOTION (RIM), SYBASE.
