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Understanding of Digital Twin – Types, Benefits, and Use Cases

Though the concept of a digital twin has been around since 2002, the technology gained recognition following the rapid rise of the IoT. Besides IoT, digital twins now integrate machine learning (ML) and artificial intelligence (AI) to bring data, algorithms, and context together. So, businesses have started adopting this technology to test new ideas, detect issues before they occur, and monitor items remotely.

To understand the potential of the digital twin, you should know what it exactly is, its types, benefits, and a few use cases. Without these insights, you might struggle to get the most of your IoT investments. We recommend you to approach an IoT development company to know how you can leverage digital twin in your IoT project.

What is a Digital Twin?

A digital twin is a virtual replica of physical assets, processes, systems, and devices that can be utilized for various purposes. Simply put, a digital twin is the ability to take the virtual representation of both the elements and the dynamics of how an IoT device operates or works. It acts as a bridge between the digital and physical worlds by using sensors to gather real-time data of a physical asset. Subsequently, the data is utilized to create a virtual replica of the asset, enabling it to be understood, analyzed, or optimized easily. Other terms used to describe digital twin over the last years are hybrid twin, virtual twin, virtual prototyping, and digital asset management.

Types of Digital Twin

Depending on what they replicate virtually, digital twins can be classified into three types:

Discrete Digital Twins are used to analyze and optimize individual assets, people, and other physical resources.

Composite Digital Twins, on the contrary, is a virtual replica of composite material used for manufacturing purposes. Mostly, the composite material is used in a variety of industries like aerospace, architectures, and energy.

Digital Twins of Organizations (DTOs) maximize the value across specific processes like manufacturing or entire business operations.

Benefits of Digital Twins

Earlier, digital twins were used to improve the performance of a single asset like a wind turbine or a jet engine. However, the technology has become quite sophisticated lately. Now, it connects systems of assets or even entire organizations and transforms their operations significantly. Let’s dive in to unleash how digital twin can benefit your business.

Reduces Issues Related to Product Quality – Digital twins help you understand the possible outcomes, improve operations, and quickly detect product quality issues.

Lowers Maintenance Costs – Digital twins predict maintenance failures through simulation models that store information about various operating scenarios, risk factors, and system configurations. Thus, you can reduce downtime, enhance equipment reliability, extend their life span, and save huge costs.

Improves Productivity – Using digital twins, you don’t have to experiment with physical objects or halt ongoing processes to improve overall operations. All you have to do is run simulations in the lab to understand the risks as well as the benefits of new processes and keep refining them to obtain the best results.

Facilitates Employee Training – Digital twins can create virtual real-life situations to train employees. You can also teach them how to handle equipment that is too costly to be given hands-on training.

Use Cases of Digital Twin

The benefits of digital twins are enormous. Now, let’s have a look at some of its uses cases.

Automobile – Digital replicas of automobiles gather behavioral and operational data of their physical counterparts to monitor and improve their performance. They also help in developing and testing new products like hybrid and electric vehicles.

Construction – Digital models of building capture real-time data about their infrastructure using sensors and other wireless technologies. They not only help in improving the design and quality of construction projects but also reduce maintenance costs.

Sports – Sensors and analytics help in creating digital replicas of players and simulate game situations to detect most likely injuries and improve performance. F1 racing teams utilize digital twins to monitor adjustments and enhance the performance of their cars.

Healthcare – The virtual replica of a patient or an organ enables physicians to practice procedures in a simulated environment. This technology is also used to conduct digital clinical trials before releasing new drugs or vaccines.

Aerospace and Defense – The National Aeronautics and Space Administration (NASA) utilizes digital twins to operate, maintain, and repair systems in the outer world. Similarly, the US military uses the technology to validate the integrity of the chips and semiconductors used in their weaponry.

Final Words

For businesses that already use IoT, the digital twin is the next step to steer their digital journey toward the right path. If you’re planning to optimize processes, improve efficiencies, and achieve better business outcomes, digital twins are worth embracing. For more information about the technology and how you can integrate it into your business operations, approach the experts of our IoT development company.

E-commerce App Development – Everything You Need to Know

E-commerce websites have witnessed immense growth in the last decade. Lately, the industry has touched new heights of success with mobile apps. The milestones achieved by biggies like Amazon, Myntra have encouraged many businesses to shift from e-commerce to m-commerce.

If you’re also devising to invest in iOS/Android app development services and create an e-commerce app, then this article is for you. Here, you will find everything you need to know about e-commerce app development like types, benefits, features, process, and cost.

So let’s dive in…

Types of E-commerce apps

E-commerce apps are classified into four business models, which we have described below.

Business-to-Business (B2B)

B2B e-commerce apps are developed to sell goods or provide services. These processes are carried out between enterprises – business to business. For instance, you may create an app that enables manufacturers to advertise their products while other companies purchase what they require.

Business-to-Consumer (B2C)

A B2C model facilitates the interaction between a particular company and the end-consumer. Most of the e-commerce applications fall in the B2C category, and businesses develop B2C apps to sell a variety of products and improve their scalability effectively.

Consumer-to-Consumer (С2C)

With a C2C app, the sale of goods is taken place between two consumers themselves. Examples of such e-commerce models are the apps that conduct online auctions and various P2P marketplaces.

Consumer-to-Business (C2B)

It is not a typical example of an e-commerce app. In this case, consumers sell their products or services to companies. For instance, when photographers or graphic designers share their colorful photos or logos on an app, companies can purchase what they like.

Now, you understand the types of e-commerce apps available in the market. Now, let’s move onto the benefits you can yield with e-commerce app development.

Benefits of E-Commerce App Development

Better Customer Engagement

E-commerce applications are highly optimized and personalized, which significantly enhance customer experience and facilitate acquisition as well as retention of new customers. The apps provide convenience consumers want while purchasing goods.

Here are some deeper benefits of an e-commerce app over a website:

Mobility – Customers can use apps anytime, regardless of their location.

Loading Time – The pages of a mobile app load faster and draw more users. Most visitors leave the app if it takes more than three seconds to load and will likely to turn to your competitors.

Personalized content – Apps can store shopping history of your customers and provide them personalized suggestions based on their preferences.

Offline Access – The best e-commerce apps allow users to access some basic functions like comparing products or checking prices, even when there is no internet.

Thus, you can generate almost 50% of traffic from your e-commerce app.

Enhanced Brand Recognition

E-commerce apps build a strong connection between brands and customers. Loyal customers willingly share apps with their friends and describe their experience on social media platforms. So, you can integrate popular social media platforms like Facebook, Instagram, Twitter, etc. into your app to let customers spread a word about your brand.

Besides, you can encourage users to interact with your app regularly by sending push-notifications about special offerings, discounts, and giveaways. It can also help you strengthen your brand and increase your app installation rate.

Detailed Analytics

Nowadays, data collection has become the key to the success of most businesses. With an e-commerce app, you can easily monitor users’ interaction and gather information like feedback, session length, audience composition, and more. This will help you to develop personalized content, update your app, create an advanced marketing strategy and efficient loyalty program. Thus, you can deliver an unparalleled customer experience leveraging data analytics.

Reduced Cart Abandonment

Cart abandonment is one of the biggest challenges of an e-commerce business. An average of 70% of customers leaves products in the shopping cart and closes the app for one or other reasons. These reasons may include high shipping costs, slow processes, fewer payment options, no discount coupons, and more. All these reasons lead to a bad shopping experience, which you can improve by creating an interactive checkout form. It has been observed that a fully optimized checkout form can reduce cart abandonment rate by up to 20%.

These benefits can considerably take your business to the next level and help you stand out. Now, if you are interested to know how to develop an e-commerce app, read further.

How to Develop an E-commerce App

To create a comprehensive e-commerce app, you need to know all the essential aspects. Below, we have shed light on some of the features and process of e-commerce app development.

Features of an E-Commerce App

Registration Process

 Registration is the first step to use your app. Welcome your users by allowing them feed only necessary information and providing them the most effortless registration process.

Multiple Payment Options

Most users are skeptical about payment as it involves personal and bank account details. Provide them secure and trustworthy payment options like debit/credit card, PayTm, Google Pay, PayPal, Razorpay, etc.

Push Notifications

Push notifications act as a constant reminder when you launch a product or when customers leave products in the shopping cart. Studies have shown that most users visit an app when a notification is sent them. This feature also helps in generating more sales as it informs customers about various events and offers.

Social Media Integration

As mentioned earlier, social media is a powerful tool to improve your brand awareness through word-of-mouth. Users can also directly sign up on your app through integrated social media platforms like Facebook or Google account.

Google Analytics

Google Analytics can help you to know about the most sold products, the time frame when your app has the maximum users or the reasons they leave the app. Precisely, you can analyze everything to improve your services and thus measure your app’s potential.

Rating and Feedback

Customers’ ratings and feedback can be used as a guide to improving your e-commerce app. Always keep in mind that the app is for users’ satisfaction and should have everything that enhances their experience.

Wishlist Button

With a wishlist button, users can save their favorite products for later. This feature is like the bookmark for the product, which users can check any time they want. You can also notify users when there is an offer on the product they have wishlisted.

Easy Checkout

Easy checkout can act as a boon for your business. Your app can store the customers’ payment details and locations, allowing them to checkout in a jiffy.

Synchronization

For iOS/Android app developers, matching the app with the website is quite tedious. This is why synchronization is the best way to save time and effort. It automatically makes changes in the application that are made on the website, eliminating the need for doing the same work twice.

Filters and Search Options

Filters can narrow the users’ search and help them find the product they want from a plethora of products. It saves time and boosts their satisfaction.

Seamless Navigation

An e-commerce app with complicated navigation is a quick turn off for the users. Make sure to provide smooth navigation and showcase all the products in a highly impressive manner.

Fewer Clicks

App conversion rate increases drastically when users can perform each activity like sign up, product search, checkout, etc. with the fewer possible clicks. The lesser, the better is the new trends, and e-commerce apps are taking it seriously.

Having an idea of the features of an e-commerce app, you can partner with a reliable company that provides high-quality iOS/Android app development services.

E-Commerce App Development Process

Generally, the process of developing an e-commerce app includes the following stages:

Research – The first step is to find out the latest trends and assess the competition level in the m-commerce market.

Prototyping – The next step includes creating a prototype to illustrate each screen of the app and have an idea of its look.

Design – Your e-commerce app development team should have experienced designers to create an intuitive and interactive app interface.

Development – Figure out the technology stack to create an e-commerce app that will operate seamlessly on all platforms. Professional iOS/Android app developers can help you create the best app aligning with your business goals and requirements.

Quality Assurance – A QA team will meticulously test each functionality of your e-commerce app to ensure the quality of the final product.

Launch – App release is the last but not the least important stage of your e-commerce app development process. The app launched correctly is equivalent to the half success achieved.

E-Commerce App Development Cost

The cost to develop an e-commerce app varies depending on various factors like:

App Specifications – The cost of e-commerce app development is directly proportional to its size, features, backend, Admin panel, and complexity.

Development Team – The size, experience, and location of your iOS/Android app developers make a huge difference in its development cost.

Tech Stack – The programming language, tools, and elements significantly impact the e-commerce app development cost.

Additional Costs:

  • Support
  • Marketing
  • Advertising
  • Updates

All these factors can help you determine the cost of developing your e-commerce app. Roughly speaking, the development cost of a native app may range from $20k for an MVP to $50k for a complex model. If this price doesn’t suit your budget, you can turn to a cross-platform e-commerce app. Its development cost will be 30%-40% lower than that of a native app.

Final Words

If you need more information about e-commerce app development, feel free to book a consultation with our experts. We can also provide you end-to-end iOS/Android app development services to turn your app idea into reality. Our experts will decode your idea intelligently and code it into an exceptional e-commerce app that can potentially disrupt the market.

Keep Calm and Develop a Meditation App – A Comprehensive Guide

Close your eyes, take a deep breath, and start thinking nothing – this is how meditation begins. Considering the bustle and stress of everyday life, mediation has become imperative to calm us down.

In today’s fast-paced world, no one has the time to go out daily, sit toward the sun, and chant strange mantras. This meditation approach became quite conventional when meditation apps came into existence. Apps like Calm and Headspace began to help people meditate and stay in harmony with themselves, eliminating all the distractions of the outer world. Consequently, mindfulness meditation apps contribute to fostering peace around the world and making lives easier.

If you’re a tranquility seeker and devising to bless the world with your own meditation app, read this guide. Herein, you will learn the necessary aspects that can help you create an app your users would love.

Note: Hire React Native Native App Developers to create high-performance meditation app and step into the market quickly.

So, let’s dive in…

Features of a Meditation App that Can Restore Your Users’ Peace

Onboarding Block: Introductory Tutorial for Users

Digitized meditation is gaining traction with each passing year. Yet, many people find it strange and even a bit unfamiliar. You should create an easy-to-understand onboarding screen to not leave your users confused or frustrated.

Tips to follow:

  • Create an onboarding tutorial to highlight your app’s most important features and show users what it will serve them up on a plate.
  • Ensure to implement clear and seamless animations to make users’ onboarding journey enjoyable.

Calm and Smooth Design

Meditation practices pivot on calming people and relieving their stress. So, make sure your app offers everything to meet this goal. Firstly, never use too bright colors and choose colors like blue, green, pink, purple, yellow, and brown.

Secondly, never make a cluttered design. If you review popular meditation apps, you will notice that they have a minimalistic design. It will help you create a content-centered application.

Lastly, take care of the animations. They should be smooth and pretty simple. Your don’t aim to overwhelm your users with complicated designs but to create a sense of relaxation that will help them catch the right wave and get an ever-lasting after-effect from the app’s meditation sessions.

Personalized Profiles to Offer the Best Experience

Personalization is an essential aspect of your mediation app development project since everyone has their own reason to meditate. Some may need 10 minutes of relaxation in the mid of a working day, while others may deem meditation a key to sound sleep or combating stress, fear, and depression.

Personalized profiles provide users with experience as per their preferences. Using machine learning algorithms, your meditation app can analyze what your users listen to and offer them suggestions to enhance their experience.

Session Sets: The Heart of Your Mediation App

Meditation sessions are the most important feature of your app, created in the form of podcasts. These sessions include conversations topics like stress, anxiety, sleep, concentration, etc., reinforced with calm background music or nature sounds. So, you can add multiple sessions to your app, having a duration range from 3-60 minutes. Besides, offering valuable content based on gender, age, and needs to your users will be an icing on the cake.

Play Screen to Relax Users

The play screen is another important feature of your mediation app. The central part of this screen is usually occupied by a play button having a smooth animation. It will create a specific mood for a session. Moreover, you can place a nice background image on the screen to keep your users focused. The best choices are some appealing landscapes in soft green and blue colors.

Discover Screen to Let User Explore More

Motivating users to stay engaged and check your app at least once a day is one of the challenging tasks. By creating a discover screen, you can easily overcome this challenge. This screen will allow users to explore new meditation packs, single sessions, and other valuable content, encouraging them to discover what’s new on your app.

Push Notifications to Keep Users Engaged

Push notifications is another proven way to enhance user engagement. It is a powerful retargeting tool that can help you interact with your users.

A few ways to leverage this feature are:

  • Send alerts to remind users to visit your app and have another meditation session according to their schedule.
  • Notify when old packs are extended, or new ones are available.
  • Announce giveaways, loyalty programs, and other events that encourage users to stick to your app

So, these are the key features of a meditation app that can help your users regain serenity and contribute to a peaceful world. Now, let’s figure out the cost to develop a mediation app.

How Much Does it Cost to Develop a Meditation App

The cost to create an app, as explained in our React Native app development cost guide, is not fixed. It varies depending on multiple factors, including:

App Specifications: The cost is in direct proportion to the app’s size, features, and complexity. So, if you want a comprehensive mediation app, the cost would be quite more.

NoteIf native app development costs around $30k-$50k, building the same app with React Native will reduce the cost by up to 30-40%.

Development Team: The size, experience, and region of React Native app developers you hire will also make a massive difference in the app development cost.

Tech Stack: Similarly, the programming languages, tools, and elements used to create an app will impact your meditation app development cost.

Considering these factors, you can determine the cost to develop your meditation app. Now, let’s explore ways to skyrocket your earnings from your application.

How to Re-Earn Money More Than You Invested in Your Meditation App?

Subscription Model

Mindfulness meditation apps highly rely on the subscription model. An app monetization model will allow your users to pay a fixed subscription fee for unlocking advanced features of our app.

In-App Purchase

With this feature, you can offer your users some meditation-related products/services that they can purchase using your app.

By embracing this app revenue model, you would be able to generate revenue way more than you invested in your meditation app development.

Final Words

Apps like Calm and Headspace are trendsetters in the digital meditation industry. This comprehensive guide will help you to develop a future-proof meditation app like these biggies and bring peace to the world.

If you think your app idea can conquer stress and depression globally, hire React Native app developers of our company. Our experts can also develop your meditation app for Android and iOS platforms in case you want a native app.

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