Skip to main content

Alex Hales, Business Analyst in California. I am a Technical Writer and generally jot down about the latest trends and market research about recent trending technologies. Apart from writing, I always enjoy reading books, traveling, and discussion on technology. Follow me on medium.com to get up to date with latest technology.

newsideology.com/author/alexhales/

Alex Hales

What Makes Python the Best for Developing FinTech Apps?

5 min read

Living in a digital era, every business sector is struggling to move forward and offer digital solutions to meet customers’ expectations in this competitive world of today. An efficacious digital transformation has enabled banking and finance institutions to adapt technological advances and stay connected with their customers anytime and from anywhere. As we are aware that consumer behavior and expectations are changing drastically, it is becoming important for not just banking firms but also the finance industry to redefine their priorities.

Irrespective of any business you deal with, matching your business objectives with the right technology stack is a must to attain success. Whether you are a FinTech startup or an experienced organization, picking the right technology for the software development process is very important. Every Financial app development company must ensure that they consider factors like API connections, integrations, privacy, and safety while developing apps for financial ventures. In this blog, we will find out what makes Python the right programming language for building a wide range of mobile app development.

What is FinTech and how it is different from Finance?

 

Many of you must have heard about FinTech and finance but it is quite confusing to understand the difference between both. Simply said, finance is what we refer to the traditional financial sector and FinTech means financial startups. As the name suggests, FinTech is a combination of finance and technology, which can be used to describe new technologies that aim to improve and automate financial services. FinTech is enabling companies, business owners, and most importantly, consumers to better manage their financial operations, processes using software & algorithms in smartphones. Though banks are earlier termed as conventional financial institutions, they are becoming a part of the FinTech industry due to their rising usage of commercial products.

Top Ways That Shows Python is a Great Option to Build FinTech Apps

We know that the use of Python is becoming very popular in banking and fintech applications but many of you may not be aware of the reasons behind the increasing demand for Python language. We will learn why developers choose Python over any other programming language while building apps for banking firms.

Apart from Python, Java is also a language that is commonly used for more than 20 years in building financial apps. Talking about the banking sector, the top priority is to ensure the security of users ‘data as a huge amount of data is handled every day. Undoubtedly Java programming language was used as it provides a secure platform for sensitive financial data with its ability to manage operations efficiently. However, with the key features of Python like scalability, ease of use, high performance, a wide range of in-built libraries and components, etc. it has become a favorite language fulfilling the needs of any FinTech startup.

Reasons to Choose Python over Java for FinTech Apps

-          Easy To Learn & Access

Python solves the issues of algorithmic problems, which is the top concern while building FinTech apps and the mathematical syntax used in banking algorithms is very similar to the syntax of Python. This makes Python easy to learn for banking professionals and the most accessible language as compared to any other language in the banking industry.

-          Lesser Chance of Error

The simplicity of the structure of Python ensures a lower chance of error rates and bugs. Additionally, it offers a wide range of open-source financial libraries making it easy for developers to build and maintain the FinTech apps. 

-          Easier Syntax and Speed

Talking about the way Python handles classes and inheritance, the programmers can do with 10 lines of code using Python which will take 20 lines of code while using Java. The python language ensures not only higher productivity but also guarantees lower mistakes, which is quite necessary as the banking sector needs to be regulated from time to time.

-          Quick Deployment

Many FinTech startups have time constraints and Python is the best option as it is a quicker alternative to statically typed languages with more lines of code. As Python requires lesser code, it takes lower deployment time as compared to building apps with other languages. Some of the most popular platforms that use Python are YouTube, Instagram, Spotify, etc. as it helps developers to add new features in lesser time.

-          Support in Machine Learning & Data Science

As stated by Matthew Harris, director at STX Next, Python has its ability to solve challenges in analytics, regulation, compliance, and data where the language makes the tasks easier with a large number of supporting libraries. Also, banks prefer to use Python to solve issues related to pricing or risk management.

Closing Statement

As we witnessed a phenomenal change in the world of the banking and FinTech industry, there are immense possibilities for startups as well as small businesses that are emerging every year. Taking the above points into consideration, it would be right to say that Python can be an effective programming language that can offer exceptional services in terms of online banking, payment systems, and stock markets. Additionally, it is a great choice for those organizations working in the cryptocurrency market. With the growing demand for technology trends such as AI, Big Data, etc., Python can be the best for the development of financial services where handling a huge amount of data and extraction of insights is necessary. If you are thinking to take your FinTech organization to a new level, get in touch with the experts of the leading Python Development Company in USA and see how they can help you meet your business goals faster & more effectively.  

Alex Hales

How much does it cost to make a real estate portal software

6 min read

 

A real estate web or mobile application must be well equipped with the required features, basically, the ones that users wish to have. In most cases, users recommend having a visually exploring experience which includes details about every property that is listed on the platform, ranging from apartments, flats, villas to the shop, and factories available for rent or purchase.

 

Let’s break down the most required features and the costing involved. For having a successful real estate platform, you must have a company website or a property listing website, these are the several factors which shows the overall costing you must be aware of.

 

Source: Cost of Real Estate Portal Software

 

Web Development Costing

 

Accurate pricing can be determined depending upon the factors included in the website. The overall investment can be counted upon the total amount of hours needed for the completion of every phase.

 

·         Content Creation

 

Website content comes in different formats and is required to populate the pages of the entire site. The content must have the prerequisites which include the data showing branding assets, professional photographs, building information (address and instructions to reach the property). In case you don’t have the resources to fill up the details and add imperative information on the site, outsource the content part to the professional who can look after your website. while in case you have an ongoing content session in the form of blogs, newsletters, and researches, you can think over to extend you agree with the content writer professional.

 

·         Project Management

 

A website project is coordinated by the project manager, organizing the entire lifecycle of the project right from the start to the finish line. Being responsible for finalizing the client requirements, gathering every piece of information including logos, photos, fonts, etc., looking to fulfill timelines, manage the schedules and help in defining the website structure, making coordination with the designers and developers and finally ensure the quality of the deliverables, interfacing with the clients and taking their questions are answered and requirements are met.

 

·         Web Designing

 

Website designing can be considered as a substantial part of the website creation. The following includes several critical components that have an impact on the overall structure of the website as well as the user experience across multiple devices including desktop, mobile, tablet, etc. A few of the factors which can impact the costings are-

 

-          Visual Design

 

-          The content layout of the pages

 

-          Color schemes

 

-          Selecting typography

 

-          Choosing the graphical elements such as icons, buttons, etc.

 

While the number of total pages, visual components, and complexity in the custom graphics will be the aspects deciding on the time and costs to be involved in the designing phase.

 

·         Website Development

 

In the development phase, the designs are converted into a clickable website prototype. The entire website will be interactive and functional across different services and browsers. The total needed development hours for a project partially depend on the factors including site size, interactive components, and advanced functionalities. The imperative functionalities include –

 

-          Property Search Filters

 

-          Property Detail Pages

 

-          Interactive Maps

 

-          Easily Accessible Site Plans

 

-          Stacking Charts

 

-          Client/ Investor Portals

 

-          Blogs

 

-          Third-Party Tool Integration

 

 

 

·         CMS Integration

 

Having content management is not only imperative but is an administrative tool that allows the owner to manage and make edits on the website content. By having this way, you can have complete autonomy to update your website on the go without having to ask the developers or agency whenever you are required to change something. While the cost associated with a CMS integration depends on the depth of the integration and if any custom modules are plugins are required for managing the advanced components of the website.

 

What is the pricing of a Real Estate Website Development?

 

While the most common question here is the business owners seeking the cost to create an app or how much to a web application. In both cases, you must first know the costing involved in a website development, which depends on all the factors mentioned earlier, mostly including the size, complexity and whom are you choosing to develop your website. in general, a professional web development agency the total investment is in the range of $5,000 to $15,000 unless you have a complex website to be developed.

 

For better clarification, here’s the costing according to the size and nature of the website you choose to have.

 

·         Simple & Informational Website

 

For a website that is relatively small or less than 10 pages and do not require many customizations and interactive features, the costing will be ranging from $5000 to $8000.

 

·         Mid-Size and Custom Functionality Website

 

For a mid-sized a website which usually has 10-50 pages and require interactive features, advanced CMS modules, custom property search filters and detail pages of the property listing, the pricing will be ranging from $9000 to $15000

 

·         Large and Custom Functionality Website

 

Building a large corporate website having 50+ pages that require interactive features, advanced CMS modules, custom property search filters, and property detail pages, the costing will be ranging from $16000 to $30000

 

·         Large and Database Driven Website

 

A large database-driven website having complex requirements and development of a completely customized CMS to power the site, the pricing will be ranging from $31000 to $100000

 

 

 

Choose the right solution for your real estate software development and get going with an interactive platform for your real estate business.

 

Alex Hales

Latest Mobile App Development Trends in the Healthcare Industry

6 min read

With the increasing demand for technologies and trends, every business sector is growing tremendously and the healthcare sector is no exception. Several healthcare institutions have started to incorporate advanced mobile app development services with the rising demand for digital health. We know that the market of digital healthcare is evolving every day, which is why catching up to the demand may unfortunately lead to an increase in the surge in unreliable solutions. The question that may pop up on your mind is whether the healthcare industry will trust the emerging tech?

As health organizations deal with sensitive medical data, it is important to keep them secure and make use of reliable fitness app development solutions. Let’s find out everything we need to know about the latest app development trends in the healthcare sector.

How Health Apps are Beneficial for Patients & Doctors?

Undeniably, we have witnessed a tremendous rise in mHealth solutions over the years with the increased usage of smartphones. The use of healthcare and fitness apps has brought convenience and efficiency for both patients and doctors helping them keep track of personal health, doctor’s consultation, booking schedules, etc.

For Healthcare Professionals & Doctors

-          The mobile apps for medical institutions enable health care providers to keep track of health records, pill prescriptions & diagnoses that simplify the monitoring process of patient’s conditions and promote better communication with patients.

-          No more time-consuming process to monitor a patient’s health, the healthcare app simplifies how doctors store, share, and interpret data saving lots of effort and time. This enables them to keep the focus on more effective and timely treatments for patients.

-          The app can make doctors stay updated with a high level of professional knowledge that can help in assisting with treatments or diagnosis. Additionally, it also helps patients to know about the prescribed drugs and their side-effects if any.

For Patients

-          One of the best things that show how healthcare app is helpful for patients is that they can manage their health checkup schedules or time for taking pills. Also, they can book appointments with their doctors through the app in just a minute without wasting any time.

-          Another good thing is that patients don’t need to run to hospitals as they can consult with their doctors online through audio and video calls from anywhere and anytime. It helps in simplifying the tasks and prescribed medicines can be brought instantly before the health condition worsens.

-          The fitness-focused app ensures that users keep track of workout activities, heartbeat, energy, hydration, etc., which will help to synchronize data and display it for an easy understanding of users. Hence, users can maintain a healthy lifestyle with a balanced diet.

-          Some apps are for women only that focus on aspects like pregnancy, period tracking, nutrition advisor, etc. The app enables them to track any abnormal behavior for physical and emotional states, helping them solve their medical issues on time with assistance and solutions.

Top Trends to Develop Reliable Mobile Apps in Healthcare

With the evolution of healthcare and fitness apps, organizations are delivering improved health outcomes. To get the best benefits, keeping updated with the latest development trends is necessary to serve the need of users better. Here are some of the top development trends that should be kept in mind before building a healthcare app-

-          Booking Appointments

Your app must help patients to save time and effort with the online booking process of appointments according to their preferred time & doctor’s availability. Also, it must allow doctors to schedule and manage appointments by keeping track of plans in their calendars.

-          Simplified Payment

Whether it’s the payment for medical bills, insurance, or services in hospital stays, your app must keep records of every expense to maintain transparency between patients and medical firms. Your app should have a payment integration feature to ensure all the payments are made hassle-free. 

-          Timely Reminders

Your app should have reminder functionality to ensure that no patient misses their drugs, as it can be life-threatening for people with chronic diseases. Taking timely medicines will help in avoiding adverse health issues that may deteriorate health & increase medical expenses.

-          EMR Integration

The apps that are integrated with EMR (Electronic Medical Records) are helpful as they provide convenience to doctors as well as patients by storing all the medical data digitally safe. Treatments can be started faster as all the information they need is available in a single app.

-          Easy Tracking

One the best thing for both doctors and patients is that doctors can get all the past and present medical history of the patient through the app and patients can track their health dashboard to get a timely dosage of prescribed medications without dependency on anyone.

Closing Statement

Amidst lockdown, most of the people across the world are staying home to prevent the virus spread and prefer to use health applications instead of visiting doctors. Health apps can be a savior, as it enables patients to use it conveniently to schedule an appointment with doctors without the need of standing in long queues. Not just for the patients, health apps are becoming a very effective solution for healthcare professionals and doctors also as they can get all the information about a patient through the app and need not worry about carrying a huge medical file. If you want your healthcare firm to prosper even more for improved medical facilities, get in touch with the expert developers of Mobile App Development Company in San Jose to build customized mobile health solutions.

Alex Hales

How Progressive Web Apps is becoming the Future for Top Brands

5 min read

 

As technology is continuously evolving in the marketplace with innovative solutions, PWAs are becoming more dominant. According to the latest update, progressive web applications are fully supported by diverse browsers including Chrome and Opera. Also, Microsoft Edge and iOS are making excellent progress to support PWA to a greater extent. 

The PWA can rapidly change your business workflows. Knowing the facts, several top agencies like Starbucks, Pinterest, and Twitter have already shifted to PWA. So, why top brands are switching towards technology and reaching out to top PWA development companies? Here’s why. 

Research demonstrates that PWAs provide numerous advantages to businesses like, 

  • 68% increase in mobile traffic
  • Improvement in installation and loading speed
  • Reduction in device storage space
  • 53% increase in conversation rates 

Let’s take a look at the key benefits of PWA and find out why businesses, from start-ups to market leaders should opt for it.

1.      Lower Development Costs

A single progressive app meets the requirements of all endpoints on which it operates. So, significantly it reduces development efforts that result in decreased PWA development costs. The PWA development cost is a lot lesser than native app development.

2.      Native App-like Feel

The PWAs offer consistent interface across all devices. Besides including several features of native apps, PWA has the potential to add to home screens, operate offline, and allow push notifications. Moreover, businesses can leverage other advantages like easy search engine discoverability and availability from all modern web browsers. The applications offer unrivaled speed and high-tech responsiveness that has a favorable impact on the number of page views.

3.      Highly Adaptive

Innovative brands understand that the technology is changing at a rapid pace and they need to evolve their business strategies to maintain a competitive edge. Progressive web apps are versatile and easily customized to meet new functionality improvements. PWAs are built for transition thus ensures companies avoid investing in the restructuring of mobile apps or websites. Hire top progressive web app developers to witness a powerful change with robust PWA solutions. 

4.      Better Performance

With progressive web applications, you can save data in cache memory in an efficient way, enabling them to operate seamlessly while improving the running speed. It enables users to have a positive user experience that increases user engagement and customer loyalty rates. Along with quick operation, impeccable is another attribute that favors developing PWAs than choosing any other platforms.

5.      No Updating Issues

Progressive web applications update automatically without bothering users with permission requests. It eliminates the need to download and install the app every time. Thus, you can offer your users a renewed look with no extra development efforts. Besides, you can send your users a push notification about the arrival of a new update but at the same time, you will have full control over the information to be shared with the users.

6.      No Dependency on App Distribution Services

App distribution services like App Store or Google Playstore set high requirements. To meet the requirements, the process becomes quite time-consuming. PWAs avoid complex reconciliation procedures as they can be added to home screens with a single touch without being stored in similar services.

List of Brands that are doing PWA Right

1.      Forbes

A multinational media company switched to progressive web apps that helped them to improve loading times. Previous Forbes app loads in 3 to 12 seconds but new progressive web app downloads in 0.8 seconds thus, it saw a 100% increase in engagement rates.

2.      TwitterLite

Twitter wished to be faster and more attractive thus, launched TwitterLite PWA. With lower data consumption, TwitterLite has reduced the bounce rate by 20% and increased page per session by 65% to 75%.

3.      Starbucks

With the addition of PWA, Starbucks has improved its performance and became highly responsive. Now, users can check the menu, create the orders, and add the orders to the cart even when there is no signal or poor connection of the internet.

Frequently Asked Questions about PWA versus Native App Development

 

Question: Why progressive app development is better than native app development?

Answer: Progressive web apps are leading the future as they

  • Offer global compatibility 
  • Are easier to launch 
  • Demands lower development cost
  • Offer better user experiences 

 

Question: Android app development or PWA – What should you choose for e-commerce business?

Answer: Although custom Android apps can cost you higher than PWAs, however, it offers a more personalized experience, exceptional performance, and higher conversation rates. Hire a top Android App Development Company in Sydney to build feature-rich applications to meet the dynamic and growing needs of your customers.

 

Question: How much it cost to build a progressive web app?

Answer: Progressive web apps cost you around $6,000 and $20,000, depending on the list of features you want to implement in your app. To know the actual progressive web app development cost, you should consult leading mobile app development service providers to better results.

 

Question: Are PWAs are all set to replace native mobile apps?

Answer: Whether it’s visibility, uniformity, or easy sharing ability, PWAs are more effective than native apps. Native applications have far more features like more security and faster user navigation but progressive web application will catch up soon.

Conclusion

Since we’ve outlined everything about PWAs, it is an ideal time to make up your mind. Whether you are thinking to develop native Android apps for progressive web apps, you need a robust mobile app development company that does the best execution of your innovative idea. Moreover, you can take quotes for both types of apps by using a reliable app cost calculator within minutes.