The Increasing Trends Of Smart Phones

The Increasing Trends Of Smart PhonesWith the emergence of impudent technologies and communication medium, the world is becoming borderless. This fosters desire to pillow connected every moment. Every people standardised to share information across the world. The digitisation of data, voice, and video has fostered excitement within the customers. The advent of digital television, set-top boxes, MP3 players, liquid tele call up sets, digital television cameras are entering into everyones home. The Internet with expertly connected appliances has given birth to digital revolution. One such revolution has been emerged in the cell phone industry. Earlier, when cell phones were launched, it belonged to the segment of luxury product. With the digitalisation, the analogue phones moved to digital brisk phones.http//gipscorp.com/blog/tag/mobile-trends/ Source (Gallagher, 2009)This fostered clear and reliable call offs. Additionally, provided features such as call waiting, gaming, glob al roaming etc. All these digital consumer devices are rising at exponential rate because of its ability to find, modify, and manage information at any cartridge holder and anywhere in the world. Today, over 3.6 billion people own or use mobile devices i.e. 25% of worlds population and 1.1 billion people retrieve net profit by desktop PC. Cellular phones had the maximum issue among all digital devices including computers. Today, more(prenominal) people access Internet via mobile than through computers. With the emerging new engineering science, innovation, clever phones came in the merchandise. The study for smart phones is rising at exponential rate.3. Smart phonesSmart phones are the mobile phone having all capabilities of phones i.e. making and receiving phone calls, sms, and accessing the web. It provides reckoning feature along with connectivity. These are digital phones having features of PDA cellular devices. Personal Digital Assistant (PDA) is a mobile device tha t has various computing features like access to e-mail, store email, play games, exchange faxes and data, roam Internet, send and baffles multimedia files etc. PDA allows user to do various computer tie in tricks such as disregarding documents, using spreadsheets and data swinishs, preparing presentations etc. It has built-in or option to accept Wi-Fi capabilities, Bluetooth capability and may too offer infrared smooth to transfer information between various devices. Smart phones servicings user to access email wirelessly, allow communication via voice or text, browse Internet, connect to just corporate network, synchronize appointments, contacts, and calendars. The smart phones are designed in a sleek and lightweight model QWERTY keypad centric device and a reciprocal operating system. Smart phones ability to support Wi-Fi, Bluetooth, IR beaming features makes it more demanding device. The smart phones are the fastest growing segment of the cellular phone market that con sists of powerful processors, large screen, operating systems, and abundant memory space. The demands for smart phones are growing and have climbed to 55.2 million in Q1 2010. The growth of smart phones rose to 67% this year (Vincent Chang, 2010).Source Vincent. (2010).Source Vincent. (2010).Today, smart phones can be employ for diversified purposes replacing the use of previous media, that too with unique and competitive benefits. The mobile can be used for making and receiving calls, it is used to reading text, email messages or books through mobile devices. It has expanded its scope from just communication to diffusion of knowledge and absorption of information. It facilitates synchronization of reading positions, browse, download or purchase content over the air and interact with friends globally. It as well as helps in playing songs, ceremonial occasion movies, listening to radios, watching television etc.4. Impact of smart phones on the various digital devices we ownSmart phones are now become the roughly lucrative segment of mobile industry. North America and Europes smart phones shipment accounted of 25% of total wireless handset sales in 2009. By 2015, smart phones will increase by 47% of the wireless handset market. In addition to this, smart phones are becoming one of the main Internet access channels. According to a study done by Gartner, mobile phones are expected to overtake Internet access through personal computer by 2013. It is fact that smart phones provides diversified features of various standalone products, and will be owned by the consumers. Smart phones provide multiple features of various handheld devices that will ask the purchase standalone cameras, media player, gaming devices, personal computers etc. It is estimated that smart phones will become the single most common handheld devices in the near future. The feature of smart phones to allow browsing Internet and stay connected has fostered human to bypass even personal compute rs demand. The Internet browsing through smart phones provides faster access to Internet as compared to personal computers. It is more personal medium of Internet browsing. Because of this, smart phoneshas already bypassed personal computers demand in the recent years. The facility to edit documents work with spreadsheet, PowerPoint, and databases, has reduced the demand for PC. As smart phones are more handy and convenient to tamp down, people would like to use it in place of PC. Moreover, camera features are provided with smart phones that facilitate consumers to do photography as well as recording through the same device. Listening to harmony or radios from the air, downloading and uploading music or media files are facilitated through the same smart phones. Therefore, instead of possessing media player to listen music PC to access Internet mobiles just to make and receive calls DVD to watch movies cameras for photography, etc it is simpler, easier, convenient, reliable and che aper to carry one single device having all the preceding(prenominal) features i.e. smart phones. This will adversely affect demand and profitableness of the various digital device producers. Even the craze of application on mobiles are growing and making mobile producers to add new features into the smart phones. The increase trend of smart phones will subside the need of various digital devices but will also face with various implications. Security threat through mobile will increase the increasing demand for smart phones will result in heavy traffic congestion that will result in slower and disruptive speed. It will lead to extra burden on the wireless networks. Moreover, advanced features of various digital devices are hard to be include in the smart phones and inclusion of all engineering science will make it more expensive. The increasing craze to have multi-feature smart phones will increase the demand and also increases its terms. Thus, making more profit in growth and pr ofitability to the producers.5. Introduction to e-commerce Web Technology 2.0In the era of rapid globalisation, more and more companies are gaining competitive advantage by using internet for direct selling and for communication with the suppliers, customers, creditors, clients, shareholders, partners, competitors who are normally dispersed globally. The use of Internet for the above purpose is termed as Electronic Commerce. Electronic Commerce or popularly know as e-commerce includes all electronically mediated transactions between organizations and the thirdly party it deals with. It includes financial transactions such as buying and selling on the Internet. Also deals with request for some information by the customer or customer feedback through Internet etc. According to Kalakota and Whinston (1997), e-commerce has various perspectives. For instanceThe delivery of information, product or services or payment by electronic media.The application of technology towards the automati on of business transactions and workflows.Providing service delivery with increased speed and improved quality, along with reduce cost.Online buying and selling of products and information.E-commerce fosters geological formation to sell products, advertise, purchase supplies, bypass intermediaries, track inventories, eliminate paperwork and share information. E-commerce helps to minimize the expenses and unwieldiness of time, distance and space knotted in doing business globally. This helps to gain fracture customer service, high efficiency, improved products, higher profitability and increased competitive advantage. With the passing of time, Web Technology 2.0 was introduced.Web Technology 2.0 was the term coined by OReilly. It is sack of Internet into Web platform having full-fledged computing. According to this, platform is characterized by open sourcing, greater interactivity between user and also providing facility for uploading or downloading anything user desires. For exa mple, web logs, wikis, RSS feeds, social networking, Web API, Orkut, MySpace etc. the technology includes server-software, message-protocols standards based plugins and various client applications. Some of the e-commerce hosting solutions having Web 2.0 features areFree blogs many web-hosting providers give blogs disembarrass of charges. These are easy to use and friendly with the search engines.Social networking tools chatting scripts and bulletin boards provide power to create a community environment. multimedia system support Multimedia technologies such as Flash and Silverlight, can be used to enhance the experience of each site visitors.6. Impact of E-Commerce and Web Technology 2.0 in virago IncAmazon is an online retail website incorporated in 1994, USA. The social club is listed at NASDAQ (listed in the year 1997 as AMZN) and has global operation in USA, France, Canada, Germany, UK and Japan. Amazon is the first company to sell products directly or becoming a platform f or sale of various products. The Amazon was pass oned with the vision to become Earths biggest bookstore but currently it has product portfolio that includes diversified items, ranging from books to household products. It includes music, videos, electronics, toys, beauty products, games, and apparels. The company also offers services such as self-publishing, e-commerce platform, online advertising and co-branded credit card. This global Internet company had almost 64 million active global customers and reported revenue of 24.50 Billion in the last financial year. The company also reported 27.9% of sales growth (2009) and consists of 24,300 employees. (Yahoo Finance n.d.).E-commerce technology has been implemented at Amazon. The basic objective was to use Internet for buying books with high speed, convenience, and as enjoyable shopping moment. To have slaked shopping experience, Amazon Inc created an e-retail infrastructure to meet the needs of the customers. For instance, demand for out-of-print book is fulfilled by, first checking its availability with the suppliers and then notifying customers through email for purchase conditions and expenditure before shipping it. E-commerce implementation at Amazon helped them to have reliable, secure, scalable, better experience, transparent pricing etc (Amazon.com n.d.). Amazon success was achieved due to its loyal customer base and repeated purchases. This was achieved through easy to use functionality prompt customer service, trusted transaction environment, editorial and customer reviews, manufactured product information and customized web pages with single(a) preferences, facilities for notifications and recommendations etc. With the help of Web2.0 technologies, its online community provides product reviews, one recommendations lists, buying guides, wish lists, wedding and baby registers. E-Commerce helped to reach customers globally as well as carry its operation in 24*7 modes.Moreover, at Amazon, it subcontra cted most inbound logistics and operations, retaining only the order processing, billing and customer service functions. During 1999, it started building its own warehouses in order to have more control over logistics. This simple change I the value chain has a profound impact on the geological formation and its cost structure. The firm infrastructure at Amazon id considerably smaller than a traditional retailers, as is the effort devoted to managing it. It requires far less authentic estate, no investment to build or remodel stores and no stores sales personnel when compared to the other value chains. Human resources has fewer people to hire and train, technology development focuses on the website for taking orders and not on sales systems for retail stores.Amazon has implemented a feature called one-click checkout. This states that if you have provided information earlier like shipping and billing address, credit card numbers, and the user can click on one button to checkout.7. Impact of E-Commerce and Web Technology 2.0 in eBayEBay is a company formed in the year 1997, California U.S.A. The company is an auction off company and also provides online shopping website. EBay holds 88% market share and fosters online person-to-person auction community. The eBay Inc deals basically in three businesses i.e. (Yahoo Finance n.d.)eBay marketplace it provides online e-commerce platform that fosters buyers and sellers interactions and trading with each other. It allows sellers to list items for sale on and auction or fixed price basis. The buyers are given options to bid for and purchase desired items. It also provides feedback forum, verified rights owner programs, safe harbour programs, loyalty programs, and customer support.Online payment services with the help of PayPal, it aims to create new global standards for online payments. It enables customers with an email address for receiving and sending online payments. This provides various services like Bill Me L ater transactional credit for U.S. online consumers at the time of sale, tab of PayPal, withdrawing of notes by account holder, trust and safety programs etc. its safety programs are to reassure customers about the secure online service on eBay.Skype Internet phoneThe success of online auction industry depends upon expertise in technology, talented human resource, product innovation, after sales service, technical foul assistance, customer services, accurate billing, advertising and e-commerce. This also includes gaining a large customer base retaining existing customers, secure payment and range of products. EBay offers collectibles, real estates, vehicles office equipments etc. It fosters its customers to create personalized auctions and online stores for selling used or new products. Its peer reviews creates confidence and operation in global market opens new markets. The supply chain at eBay isThe eBay core competencies were bidding site, technical proficiency and usability. Its major focus is on connecting people and focus on community. Therefore, it exploits benefits of customer relationship management. Its revenues are from listing and commission on completed sales. The e-commerce helped eBay to strengthen worldwide electronic auction. This fostered amazing sales and profit growth over the previous years. The main product helped to increase profits were eBay motors, media and collectibles.E-commerce and Web technology 2.0 also fostered greater impact on the popularity of Amazon and eBay companies. The e-commerce helps the organisation to provide convenience to buyers and sellers. Here, every transaction or request is based on Internet, so buyers job is just to click the items to be purchased, add in the shopping cart and make payment. This helps to save time as well as compare products of contrastive brands from different e-shopping stores. The e-commerce ability to provide safe and confidential transactions creates trust. The company offers to de liver safe and timely products and in some cases, full refund of money if goods are damaged. The web technologies 2.0 includes various social networking platforms such as look book, orkut, etc. the Face book has 200 million users whereas orkut has 60 million users and Myspace has cx million users. Among 200 million users of face book, half of the users login on the site each day. The integration of online market place with social networks, provides higher satisfaction to the consumer as here, transactions are done with social friends. Web technology 2.0 allows consumers to play active role in as well as get involved in the website content. This helps the business to gain trust, credibility and popularity. It helps to create communities on the basis on existing products building relationship and exploring new relationships with their customers. Web 2.0 technologies help to establish and strengthen brand recognition and allow customer to be retained. EBay has detailed feed back repo rt that bridges the gap between organisation and customers. Face book platform is used to promote eBay business. EBay Auctions application helps to show auction listing on personal Face book profile. The customers can also browse friends auctions, search, creating wish lists, comment etc. Thus, e-commerce helped Amazon and eBay to gain competitive advantage through implementing e-commerce in their business as well as web technology 2.0 provides various social network platforms to the company. This social network fostered them to shift from static web pages to dynamic websites, where users can upload or give comment or their opinions freely. This ultimately helped the company to bridge the gap between firm and consumer and also fostered better understanding of their customer base, and as tools of promotions to their offerings. Thus, e-commerce and web 2.0 helped organisation to achieve its three-fold bottom line more efficiently and effectively.