How much could your mobile app performance cost you?

Consumer expectations for high-quality, high-performance business applications have never been higher, but a bad experience can have costly consequences. 100 milliseconds of latency costs Amazon $5.4 billion in lost sales. Brand reputation and customer relationships are also at stake. But these trends don't just apply to large global companies like Amazon. With more than seven million apps available on iOS and Android platforms, even SMBs that want to compete to grow their user base and increase revenue must offer unique, engaging, and easy-to-use mobile apps.

The impact of poor quality mobile apps on SMEs can be felt right down to the bottom line. In fact, 96% of global SMEs estimate losses of up to $2.49 million as a result of poor quality mobile apps. Users face challenges with device or platform compatibility, lack of native apps, and slow or buggy experiences. These are issues that SME business leaders are aware of, as they recognize the value of a well-designed mobile app to build brand equity, deliver an improved user experience, increase competitiveness and drive customer retention, acquisition and sales. equally.

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