On-demand Economy - The Perfect Remedy for Startups - Mobisoft Infotech

On-demand Economy - The Perfect Remedy for Startups - Mobisoft Infotech

On-demand economy is revolutionizing how people are living and transacting in their day to day lives. The urban market has been so quick to adapt the on-demand services, with millennials loving the accuracy, speed, quality and customers satisfaction.

Are you looking to do more with your time? You aren’t alone. You may want to clean the rooms. Or, you might want to order food and save time going to the restaurant. Most professionals today yearn to get more time – and for all of them, an app works out just right. They can order what they need, at the click of a button, and know just what to expect. For instance, if you call in a plumber from an on-demand home service app, you would know when he would be coming over, what he would be charging as well as how much time he can take depending on your problem.

If you are a business, coming out with your own app might just be what you need! It’s an on-demand economy today, and your business app can help fulfill the different customer expectations easily.

You can design an app for anything, and it’s not just the cab, laundry or food services that we are looking at. Make customers get what they’re looking for in just a click. Here is how an app can help.

Expansion of the On-demand Economy

On-demand economy is revolutionizing how people are living and transacting in their day to day lives. The urban market has been so quick to adopt on-demand services, with millennials loving the accuracy, speed, quality and customer satisfaction.

Consumer behavior is changing with the current use of technology.
Instant access to online platforms has made it a faster and more convenient way of accessing services.
High-quality services help increase brand engagement. Keeping a higher customer retention rate isn’t as easy.

Why On-demand Business Can Be a Successful Model for Startups?

Irrespective of whichever business any entrepreneur would like to undertake there is always a mobile app to make it accessible. The increasing number of mobile apps is a result of the need for different services, whether it be in health care, food, transportation, consultancy, electronics, or even washing and laundry services.

If you are an entrepreneur seeking to grow your business, cashing in on the on-demand economy is something you won’t regret. This a trend that is here to stay. The business model for the on-demand market is changing consumer behavioral patterns. Eventually, startups can even offer essential services like water and gas delivery.

The best way for a business to be successful, after all, is to focus on four essential factors:- speed, accuracy, convenience, and quality. The on-demand app economy helps you do just that.

Different Kinds of On-demand Apps

On-demand service app is a mediator between consumers and business. On-demand, apps have revolutionized the way things are done.

In a survey done by the Harvard business school, 49% of millennials use mobile apps. People who are aged above the age of 55 years used them. This is a clear indication that these apps are solving most of our problems.

How Is the On-demand Industry Influencing the Entrepreneurs or Startups?

Entrepreneurs and business startups of this generation know that the key to success is through on-demand services. It does not matter what type of industry the business is in, one thing is that the popularity of on-demand services is being driven by mobile apps.

Companies such as Uber, Ola, and overlaps have raised billions of revenues. For instance, Uber has raised over $10.2 billion, Ola app has raised over $1.12 billion while UrbanClap has raised about $35 million.

On-demand services seem like they are here to stay. Consumers are already adapting to the new changes in how things are done. Startups need to understand that they need to get things done faster.

There are two questions which should drive startups:-

  • Can we provide the fastest service?
  • Are we the easiest mobile app for consumers to use?

Before starting a business a startup should conduct the relevant research. This aids in getting to know the market and identify viable opportunities.

In the US, as many as 70% of adults own smartphones; the market for on-demand services will only keep growing.

Read More About On-demand Economy.

List of Top On-demand Delivery Startups in India Transforming Logistics

List of Top On-demand Delivery Startups in India Transforming Logistics

The rise of the on-demand economy has completely changed how the delivery and logistics industry operates in India. Thanks to the on-demand delivery apps.

The rise of the on-demand economy has completely changed how the delivery and logistics industry operates in India. Thanks to the ubiquity of smartphones and on-demand delivery apps, moving something from point A to point B is just a push of a button away.

You order a dress online and can get it delivered the next day. Through Swiggy you can order food from your favorite restaurant and get it delivered within 30 minutes at your doorstep!

The need to be served instantly has led to the rise of many on-demand delivery startups in India who are capitalizing on this essential need. More players are joining the race as the Indian logistics market is set to reach US$ 307 billion by 2020.

In particular, the on-demand food delivery industry is set to earn a revenue of US$3,080m in 2018. The e-commerce related logistics segment will grow at a CAGR of 48% and stand at US$ 2.2 billion by 2020, according to KPMG.

In light of such huge potential, let’s check out 10 of the most talked-about on-demand delivery startups in India.
Shadowfax
This startup is a notable success story in the on-demand delivery space. Founded in 2015 by Vaibhav Khandelwal and Abhishek Bansal, the venture recorded gross revenue of Rs 34.07 crore for 2017.

The duo started their operations focusing on food delivery, but have expanded the service portfolio to include groceries, pharmacy, and other items. It has also moved into the B2B industry covering over 70 cities across India.

The company offers 100% mobile activated deliveries utilizing their strong network of 7,000+ delivery partners and over 400 vehicles. The on-demand logistics solution provider enables food deliveries for over 1,000 restaurants across India. It recently acquired business assets of NuvoEx, an e-commerce-focused logistics business, for an undisclosed amount to expand its operations into more Indian cities.
Jugnoo Delivery Services
You can find Jugnoo offering their on-demand delivery service in over 40 cities of India. The company uses innovative ways to pick up, load, deliver and unload a wide array of products.

Apart from bikes and vehicles, you can get your items delivered even in auto rickshaws cutting down the cost. Jugnoo doesn’t only deliver normal items like other on-demand delivery startups, they also have some unique services like wedding card and tiffin delivery and collection of cheques, documents, address verification and more.

You can almost send anything using their app which provides real-time GPS tracking of the driver with ETA and other details. The startup aims to provide a seamless delivery service to both consumers and businesses.
Read More About Top On-demand Delivery Startups in India Transforming Logistics.

What is PHI and What is Not PHI? - Mobisoft Infotech

What is PHI and What is Not PHI? - Mobisoft Infotech

Get a clearer picture of what exactly is PHI or Protected Health Information and what is not considered PHI. And hopefully, you as a healthcare app developer will be able to use the below-mentioned information as a reference while you are determining

Protected Health Information (PHI) is basically the personally identifiable health information that is protected and regulated by the Health Insurance Portability and Accountability Act, better known as HIPAA. The Health Insurance Portability and Accountability Act (HIPAA) was filed or rather written 20 years ago when smartphones were a distant reality.

Therefore, everything related to this act was penned down for mostly an analog world of physical X-rays and even paper files. And in today’s era of wearables, genetic sequencing, health apps, and much more, getting a proper and precise definition of PHI can be quite difficult to understand, especially for the developers who are trying to parse or figure out whether they need to be HIPAA compliant or not.

Through this post, we hope to provide a clearer picture of what exactly is PHI or Protected Health Information and what is not considered PHI. And hopefully, you as a healthcare software developer will be able to use the below-mentioned information as a reference while you are determining if all the information that you are collecting for your digital health solution fall under PHI or not.

Covered Entities and Business Associates
Before we proceed further to talk about the definition of PHI, what information constitutes PHI and what doesn’t, let’s first understand two major definitions under HIPAA and those are – Business Associates and Covered Entities.

Covered Entities

A covered entity is basically a person who provides treatment, payment, as well as the operations in the healthcare sector. According to the U.S. Department of Health & Human Services (HHS), healthcare providers, health plans, and healthcare clearinghouses fall under the covered entities. The healthcare providers usually include doctors, clinics, dentists, psychologists, nursing homes, pharmacies, chiropractors, and last but not the least, the hospitals.

Health plans include the health insurance companies, company health plans, HMOs, Medicare & Medicaid. In fact, schools and employers that handle the PHI in order to enroll their employees and students in any sort of health plan also fall under the definition of a Health Plan.

Here’s a complete list of entities that come under covered entities. Please take a look.

Dental and doctors’ offices, clinics, psychologists
Insurance companies, health plans, HMOs
Pharmacies, nursing homes, home healthcare agencies or hospitals
Healthcare clearinghouses
Government programs that contribute towards healthcare
The Definition of Protected Health Information (PHI)?
PHI stands for Protected Health Information, which is any information that is related to the health status of an individual. This can include the provision of health care, medical record and/or payment for the treatment of a particular patient and can be linked to him or her. The term “information” can be interpreted in a very broad category and the main phrase, in this case, is “that can be linked to a specific individual”.

PHI differs from PII (Personally Identifiable Information). The latter is considered as a legal definition – PII is generally used to identify an individual uniquely. This is mostly used when the condition or illness is rare.

What is ePHI?

ePHI stands for electronic protected health information which is PHI transferred, received or simply saved in an electronic form. The types of ePHI include patient names, fingerprints, addresses, social security numbers, email addresses, and photographic images. Along with this information, past medical records are also kept private.

Read More About Protected Health Information (PHI).

Why IoT Startups Should Care More about Software

Today, the Internet of Things (IoT) is a fast-growing, advanced digital area that attracts both established enterprises and startups. According to Gartner, the total number of devices interconnected within a single network is set to reach 20...

Today, the Internet of Things (IoT) is a fast-growing, advanced digital area that attracts both established enterprises and startups. According to Gartner, the total number of devices interconnected within a single network is set to reach 20 billion by 2020. Practical fields where they can be used are almost limitless: from home automation and wearables to smart factories and cities.

Inspired by opportunities for innovations and the vast market niche, companies often forget about the basics that determine their products’ success. In fact, according to Cisco’s report, 76% of respondent companies considered their IoT projects as failures.

You can see why businesses, having all these concerns to care about, often pay little attention to some other issues that are not so pressing before the product launch. But what exactly do they miss?
Let`s check here https://anyforsoft.com/blog/why-iot-startups-should-care-more-about-software