Necessity is the mother of invention and innovation. BEV (Battery Electric Vehicle), popularly called EV(Electrical Vehicle)with rechargeable battery is a classic example that justifies this adage with a new twist! And why not? While the world is grappling with global warming and climate change environmental issues, EVs have caused a spur in the energy & transport sectors by replacing highly polluting traditional combustion engines, and diesel/petrol vehicles on roads. EVs get power from rechargeable EV batteries to function. With zero-tailpipe emissions, EV batteries help reduce carbon footprints minimizing environmental impacts. How are EV batteries much better for the environment and empowering sustainability? Let's explore!

EV Batteries: Enabling Eco-friendly Mobility

Did you know that just one EV on the road could save approximately 1.5 million grams of carbon dioxide in a year? That's the decarbonizing capability of EV batteries regulating EVs on roads globally. As per Gartner's forecast, global shipments of EVs (EV battery & plug-in hybrid)will reach fifty-three million units by the year 2032, a CGPR increase of 16.5 percent, up from eleven million in 2022.

EV Batteries Environmental Benefits

• Minimizing Emissions via Renewable Charging Sources- EV batteries do not need petrol, diesel, or any other heavy air-polluting fossil fuels to charge. Instead, they can be charged using renewable energy sources like an eco-friendly solar panel that is installed at your home! No fuss about going out rather you can charge at the comfort of your home or company premises. You can also integrate solar panels into the body of your EVs that can be charged while moving on roads.
• No Noise Pollution – EV batteries enable the silent functioning capability of EVs. There's no engine that triggers noise and this amounts to minimising noise pollution in the environment.
• EV Battery Recycling Probability - EVs use lithium-ion batteries whose components can be recycled. EV researchers are focussing on the recycling aspect of raw materials/components used in the EV battery manufacturing process. This way, creating a circular supply chain will prove vital in minimizing environmental impacts. Worth noting, that recycled EV battery materials create four times smaller carbon footprints than raw materials obtaining process from primary sources.

CITA EV Charging Solutions: Boosting Green Environment

Smart charging/efficient charging is the keyword. How?

• Plan your destination charging in advance; EV charging during off-peak hours helps to reduce strain on the grid thereby utilizing renewable energy to the maximum! CITA EV smart chargers help you not just find chargers but also if they suit your charging needs.
• Ensure the seamless alignment of your EV battery charging with those of grid stability and renewable energy availability. CITA EV smart charging technology enables smart grid integration and efficient demand response capabilities aligning with your specific charging requirement.
• CITA EV chargers give you the infrastructure for fast and efficient charging that is time-saving and cost-effective while removing your EV charging stress/anxiety.

Bottom Line

EVs are a no-hassle, no-gear vehicles and very convenient to charge at any location, even while moving on roads. Unlike fossil fuels that are damaging our planet with toxic emissions, EVs run on EV batteries with zero-tailpipe emission capability. The crux is, adopting smart technology-powered EV batteries can trigger sustainability in the ecosystem, minimising environmental impacts.

Look no further, adopt smart CITA EV chargers and EV batteries minimizing environmental impacts while transforming your EV business at scale. Contact CITA EV now and get guidance from scratch.

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In this era of digital technology, the use of mobile apps is worldwide rampant. Companies are actively following the trend and looking for that one platform that will leverage their business growth prospects. Mobile Application development comes naturally to them. If you are a mobile application development company, you should be goal-centric, and build apps that will align with different platforms. It means mobile apps should be compatible with the three platforms - Windows, IOS, and Android. As a mobile application development company, you should ensure quality for two things while developing cross-platform apps – User Interface(UI) and terrific design. Let’s see what are the best tips to ensure the hassle-free development of cross-platform mobile apps!

#1 An Attractive and pleasing appearance of your app first

Look matters when users flip through varied numbers of apps on their mobile sets. The platforms they use also vary from one another. What’s the message here? If you are offering an app-based solution meeting specific requirements, there are similar other apps offered from different mobile app development companies that are vying for the top spot. Competition is high.

Your app needs to be different and unique in terms of the first look at first, then the features provided. If it is an IOS, Android, or Windows, the respective play stores are inundated with the unending list of apps that users want to subscribe to. It is the ‘connecting power’ of an app with underlying features, bearing a compelling appearance that will win the crown ultimately. As a genuine Mobile app development company, your app-building capacity should look pleasing to customers at a glance.

#2 Make compulsory User Interface (UI)guidelines

Android or IOS platforms, as a mobile app development company, it’s your responsibility to give an app the compatibility features complying with unique guidelines set for these two platforms. As you know, a user may own an Apple device or Android-based device, he will look for features that are compatible with his platform rather than undergoing some sort of strenuous activity like not being able to download and install the very application. Thus, complying with UI guidelines means you have to build an app in such a way that the look & feel should be consistent across all the platforms.

#3 Implementing a cross-platform model

As a mobile application development system is usually platform-centric, today, to make a user-friendly application, one needs to convert to the cross-platform development model. It means, that irrespective of whether a user uses iOS or Android, the app works similarly in both situations.

#4 The Collaboration of UX and UI teams

When the development team sits with the designer team, mobile application development becomes a smooth journey guaranteeing a seamless experience for end-users. Collaborating with the UX team, the very UI team ensures that proper ground research work is done for the development of a cross-platform application. There should be mutual - cooperation without any ego- problems. to build a genuinely fine cross-functional application, all the pros, and cons need to be considered from designing and development perspectives. Thus, a mobile application development process for cross-functional platforms becomes smooth and flexible if followed by this collaboration approach.

#5 Go for a trusted cross-platform application modules

Imagine a situation when as a mobile application development company, you are hiring separate developers for the development of Android apps, Windows apps, and IOS apps. The rigorous process and the estimation are dreading enough to take it as your final call. In this process of mobile application development, developers need to devise a suitable mobile strategy so that they can design and promote apps in specific app stores. The cons are – expensive and very time-consuming leading to clumsy experience on the part of end-users. Other reasons are –

• Coding is hard and entails a cumbersome process
• Front-end engineering, back-end engineering, and the entire mobile development life cycle take on an average 4-month timeline. However, it is not sure if the mission is achieved.
• The Operation sequence has to be in an appropriate order.
• Assembling a professional team is a tough task
• In a mobile application development cycle, dependencies on external, third-party technological help are nil.

Thus, in view of the above factors, it is a feasible option to go for reliable third-party modules for the mobile application development process for cross-platforms. It not only saves time and unnecessary expenses, you can but you can also get a lot of flexibility owing to the availability of wide a wide range of toolsets.

#6 Testing the app

Testing is an integral part of any mobile application development cycle. As a mobile app development company in India, you are supposed to conduct testing of the product built on each platform. This will ensure the efficacy of the product as well as a progress report if any adjustment is required.

Bottomline

Thus, whatever process you follow, it is the impact on end-users that matters the most. After all, the success of any project depends on how well it has been executed and delivered. Multiple mass- users using varied platforms to connect to your apps need something very interesting, a seamless experience. That experience contributes to the achievement of your business goals as a mobile application development company.

Predictive Analytics helps the finance industry in varied ways. A well-defined Predictive Analytics Engine can appropriately identify trends and patterns as well as trajectories of the finance industry that are beyond the capabilities of even the most experienced data analysts. It can predict the future, which helps in simplifying a company’s financials, like, budgeting and planning aspects. This makes Predictive Analytics technology very useful. Its applications in finance help companies to achieve better financial stability, and agility as it equips them with the required data they may need to act proactively(advanced actions) rather than reactively. Tremendous ROI, and elevated profit margin all can be expected using this technology. Let’s find out several use cases or the benefits of Predictive Analytics in the Finance industry.

Use Cases

1. Marketing

Predictive Analytics help in optimizing offers and streamlining marketing efforts. The very AI-ML digital tool with its immense predictive capabilities can maximize the profitability of a financial company. It helps to identify the best prospects or potential customers for a new product or service offering. It also helps to increase the usage of existing products and services as well as substituting them with more profitable ones that lead to achieving marketing goals. Predictive Analytics helps in deciding campaigns that are are most suitable types for a business, bringing in the best ROI. Also, it helps to find out which type of advertising will bring more leads to them and increase sales.

2. Trading Analysis & Investment

The risk-scoring algorithms of Predictive Analytics help to understand underlying risks, and apparent risks in trading, investment, and for the entire risk management. Analytics-driven calculations can help in assessing any long-term ROI targets or any probability of risks while going for a trade. Thus, based on historical data patterns, predictive analytics helps to accurately project future financial events. This way, financial services institutions, and financial leaders manage to drive their investment choices.

3. Market Analysis

Predictive Analytics helps to understand the market landscape. It helps in surveying and analyzing geography, or, landscape to come out with an accurate analysis report. For example, which area to start exploring for new markets, which geography is suitable for business or starting a new venture, where should investments go, etc.

4. Detection of financial risks

Financial companies are prone to varied financial risks from time to time. For instance, take the insurance sector. Equipped with huge, granular data as well as predictive analytics insurance modeling, actuaries in insurance companies can now create products that are more suitable to market conditions, dynamic business, and risk pattern concentrations. With the help of predictive analytics, insurers or insurance companies can now dynamically adjust quoted premiums! Similarly, all financial companies can optimize products using ML-based predictive analysis algorithms that analyze customer preferences, behavior insights, buying patterns, pricing sensitivity, and so on.

5. Customer Service

There are four areas where Predictive Analytics can benefit the field of customer service in the finance industry-

● Acquiring Customer - This AI-ML-based tool helps to provide the required data for tracking personal preferences on an individual basis, which can lead to improvement of the selling tactics. A blend of marketing and analytical capabilities does wonders for the customer acquisition process.

● Providing Service - Predictive analytics gives adequate responses to questions that’d lead to serving each specific customer well, and, directs towards an appropriate communication channel most apt for them.

● Developing Relationship - A financial company can enhance its user -experience from an OK level to an OUTSTANDING level, just by providing their customers with exactly what they want.

● Customer –Retention – This digital tool acts as an enabler by properly classifying customer groups before launching any initiatives towards them.

6. Sales Forecast

Many financial companies depend a lot on their product sales and service offerings, but they should know that various factors (other than those mentioned just now) impact consumer habits. It is such a complex equation, viz. multiple variables that affect the sales volume. So, a simple human analyst, or data analyst, just cannot match the seamless performance of a predictive analytics engine. The very AI-ML predictive analytics is capable of examining data accurately, very quickly, which arrives from a wide range of sources. This leads to creating an accurate and precise sales forecast. Financial service providers, varied companies belonging to the finance domain, help business leaders to make critical choices regarding the expansion of branches, teams, hiring, and many important decisions based on an accurate sales forecast done by predictive analytics. Also, if sales prediction says of loss, corrective measures are duly taken that will boost conversion, or sales, minimizing shortfall.

7. Claim Settlements

AI-ML-based digital capabilities of predictive analytics help in the claim segments in loans, insurance, etc. Automating the processing of claims was a great step earlier inspiring companies to continue their digital transformation initiatives. Financial companies are leveraging the power of predictive analytics to check attempted fraud in claims, integrating the tool into the legacy claim process. Thus, this digital integration of predictive analytics can now process claims much faster, and using modern digital chatbots, they can now fulfill customers’ demands with faster payouts. These modern, sophisticated chatbots can now review all the claims, verify all the details, and finally pass them through a mandatory fraud detection algorithm, before sending wire instructions to the concerned banks to pay for their claim settlements. This way, predictive analytics speed up the entire process and limit human error.

8. Credit Scoring

Client banks and enterprise Creditors can leverage predictive analytics tools to process credit-scoring applications. This leads to an accurate estimation of risks associated with potential customers. For determining a credit score, predictive analytics algorithms use all available data and information related to specific customers. Based on them, the tool calculates the risk factor, estimation, and how the bank could face a big risk if chooses to underwrite those customers. The tool captures all sorts of data like alternative data types, social media posts, interactions on websites, social channels, e-commerce sites visited, etc. The online behavior of customers suggests a lot about the potential for repayment of loans, etc.

Conclusion

Digital transformation across industries is a reality now. game-changer and uses cases and implement Modern technology is equipped with digital capabilities like Artificial Intelligence-Machine Learning powered Predictive Analytics which is impacting the finance industry as a whole. It’s all about transforming users’ data into actionable insights and arriving at the desired results. All the use cases

and many more do justify the immense power of Predictive Analytics in the finance industry.

Blockchain technology can offer massive opportunities in retail, especially during this pandemic crisis. Physical retail stores are taking a backseat owing to emergency lockdowns levied upon states across the world. And online retail has picked up a greater momentum meeting a massive surge in demands from varied customers. And this onus of online retailing, as well as the already existing stores, too, do face some unavoidable challenges from time to time. Selling products, opening new stores, keeping customers happy,supple-chain, etc. lead to mismanagement. To avoid all these issues, a retail company(offline & online, both)can avail of Blockchain benefits if properly planned and executed. This means the retail industry should adopt this digital technology right from the inception of their businesses across domains. Blockchain technology assures accuracy, reliability, quality tracking, and sustainability facilitating a smooth management process in the entire ecosystem. Let's see the top use cases of Blockchain in the retail industry.

1.  Accurately Managing Inventory

Accuracy is the prime concern when managing inventory in a retail store. Proper inventory management can only increase efficiency in a retail company. The very Inventory management helps keep track of records of product information such as manufacturing and expiry dates, MRP, consumer interest and requirement, etc. Blockchain technology helps increase the efficiency as well as accuracy aspects of managing inventory. The digital tool, Blockchain, can automate the whole process of inventory management, accurately automating the process of product shortage and product surplus based on real-time consumer demand. This automation saves huge investments in managing costs smartly.

2.  Managing Customer Identity

A great number of retail companies adopt a typical networking model,i.e. client-server networking model, and this seems to be very vulnerable, as it becomes easy for hackers, and unwanted people to manipulate customers’ data, like, accessing consumer’s credit card or debit card information, and bank account detail. This violates customers’ privacy and the loss of sensitive data. Blockchain helps deal with this problem by securing customers’ data in the retail sector. Blockchain technology can provide systematic, authentication processes throughout the system, thereby storing data and related information in immutable storage! It means, there is no third-party involvement and access to the network concerned. Only the related customers can have access to their data, nobody else.

3. CryptoCurrency for Payment

Blockchain has a great use case for the retail industry in the form of Cryptocurrency. The Crypto payment method is substantially picking the retail industry. The cryptocurrency markets are gradually attracting different countries to work on some central bank digital currencies, and that model is practically a cryptocurrency, a crypto version of flat money! Blockchain usage facilitates retail companies to officially adopt this crypto version of payment for their products. This brings in transparency, a secured way of digital payment that can excite customers to pay as per the cryptosystem.

4. Streamlining Sales Tax in Retail

Blockchain helps the retail sector in the process of streamlining retail sales tax. Every year, retail companies have to pay sales taxes based on their sales or sales records. The truth is, many retailers avoid paying taxes and adopt multiple ways to evade taxes. This is most rampant in the online retail segment. More so, most of this tax avoidance happens for online retailers. This might lead to the levy of felony charges against those retailers who evade sales taxes to pay. Thus, Blockchain technology solves this issue with Elan, as it allows automating the process of sales tax collection, based on retailers’ total sales done, and profits they made. These retailers have to upload their related documents that need to undergo a thorough, appropriate verification on the network. This way, Blockchain helps a seamless payment on time avoiding any sort of discrepancy.

5. Prevention of Fraud or Fake products

Blockchain helps the retail sector in preventing cases of fraud, and counterfeit products. The retail industry had lost a massive $ 62 billion nearly a year ago. By adopting Blockchain technology, high-end retailers can see and track their products coming from the manufacturers, ensuring they are receiving the authentic ones only each time. This way, Blockchain helps tackle the issue of fraud and counterfeit products in the retail industry.

6. Smart Contracts

Blockchain gives the retail segment a big high in the form of Smart Contracts. There is no room for discrepancy, lengthy processes in the supply chain, like, the lack of proper maintenance, time is taken for shipment’s payment verification process, etc. The use of Smart Contracts helps retail companies stay away from any form of tension and can expect a guarantee of payment. The process takes minutes for payment, verification, etc. thereby fulfilling shipment within the deadline. Smart Contracts also facilitate customers’ loyalty programs.

Final Thoughts

Blockchain technology can help retail in many other ways as the technology restricts any form of third-party mediator and allows only authorized users and customers to access data and information. No doubt, the various use cases of Blockchain in the retail industry are meant to overcome shortcomings and provide a seamless, secure platform to the end users

Today, the world feeds on technology and leverages the massive capabilities of digital technologies, AI-ML-enabled mobile apps, across platforms. React Native is a digital technology that is not only cost-effective but has wide compatibility in terms of usage and platforms. If you are a start-up or an aspiring business willing to explore this massive technology, you are on the right track. Why so? Because in today’s world, people across geographies have mobile devices. So, anything that can be easily accessed via the press of a button, they are happy to adopt. For example, multiple mobile apps are available in the Google Play Store and App Store. Compatible mobile phones allow for easy day-to-day business transactions, personal work, and a myriad others. But React Native is different from the rest and a very cost-effective option for startups to include in their mobile app development strategy. React Native mobile apps can work on any platform, viz., Android, iOS, Cross-platform, and Windows. And, devices can be any,i.e.smartphones, tablets, and desktops.

What is React Native

React Native is the digital technology framework used for the mobile application development process. It is a popular open-source framework used in mobile app development and uses JavaScript language. It is a great choice for developing cross-platform mobile apps as, just using a single codebase, it can be functional across mobile platforms- Androids and iOS.React Native is older than Flutter, which is another open-source framework suitable for cross-platform mobile app development. Flutter, an open-source UI mobile framework or toolkit was developed by Google. Whereas, React Native was created by Facebook(Meta now)

What are the Popular React Native Apps?

Why Should Start-Ups Choose React Native?

• Available Free & Flexible

React Native, being an open-source framework, is immensely flexible, and provides several native components that enable developers to create some astounding apps with lots of features readily available, and that, too, without shelling too much money on building them. React Native cross-platform apps work on all platforms or operating systems(OS) viz.iOS or Google Playstore equally well. Moreover, it can be equally functional, and operational on varied hardware devices like mobile phones, tablets, laptops, desktops, etc. It provides greater scalability and is quite flexible during the reconfiguration of apps in very little time and minimum effort!

• Easy Maintenance

If you are Start-UP or aspiring to start your business, React Native App development could be your perfect choice. The technology does not incur huge costs and the development process, and maintenance are quite easy and cost-effective as well. These apps utilize all components of a device to run functionality, just like a native app. And if your versions are updated in Google Playstore or iOS, you do not have to make any version tweaks over there! This is quite an admirable characteristic of a React Native App. It is very easy to maintain the app and helps you to save money on app management. But do you know how this is possible? Because for developing a React Native app, developers need just common codes to create. These codes help in the quick, easier maintenance of React Native mobile apps. If you compare, native apps need a lot of regular mandatory checks, updates to do, and then varied troubleshooting procedures. So, it is indeed a good deal for you as a start-up.

• Reusability of Codes

Codes are reusable in a React Native app development process. This is one of the most remarkable characteristics of this technology towards its popularity. its codes are reusable and help you to develop cross-platform apps seamlessly without worrying about the budget. It is pocket-friendly due to the reusability of their codes! As the reusability of the codes helps to manage debugging efficiently and easily in less time. Thus, this helps in eradicating unnecessary expenses in the app-development cycle and post-development phase.

• Faster Launch of MVP

A faster, efficient MVP launch is another benefit you get from React Native. The technology saves your time, as the time to market is done quite fast and effortlessly as compared to any other native app. Thus, the React Native app consumes less time to launch its MVP version, and reaches your target users quickly, creating impressions as desired by your interesting app features. Thus, launching your cross-platform app, using React Native technology proves to be very cost-effective for your business.

• Hot Reloading Feature

Mobile developers appreciate this significant feature of using React Native technology in their cross-platform app development cycle. In A React Native frame, the ‘hot reloading’ feature is very prominent and attracts mobile app developers for their development strategies. This very feature allows developers to refresh the app during the development process. Besides this, the hot reloading feature allows developers to extract new databases even when the app is running or in the ‘work mode’. Thus, when you customize the UI of your app, none of your current states are deleted or affected, operations are automatically reloaded when the codes are being changed, and good speed is also maintained.

• Need Fewer Resources

As the technology, the React Native framework is backed by JavaSCript, a very common, popular programming language among mobile app developers, the latter find it very easy to create one. Moreover, developers specializing in iOS or Android platforms, either of them can create apps for both platforms simultaneously. No need to hire a specialized React Native App Developer. Thus, as a start-up, you manage to develop a state-of-the-art mobile app having minimum resources at your disposal. A small team can create big wonders for you!

Conclusion

Building a cross-platform app using the React Native framework has immense benefits for businesses who adopt it. React Native dominates the scenario due to the reasons mentioned in the blog. As a start-up or an entrepreneur, you can expect myriad business gains by adopting the React-Native framework for your mobile app development. Your app can be used by iOS & Android app users, both segments; thereby, your target audience base increases. Moreover, the cost to develop your app using the React Native framework is very low compared with others. So, do not delay and get your business started right away. Consult a dedicated mobile app development company for guidance from scratch.

Are you a Start-Up, SMB, or an aspiring business entrepreneur, and want to explore how React Native App Development can help you attain business goals and garner big ROI? Contact our experts today.

Reference link sources-

https://www.fusioninformatics.com/blog/is-react-native-app-development-a-smart-choice-for-startups/

https://www.businessofapps.com/insights/why-react-native-app-development-is-such-cost-effective-for-startups/