Software Engineering Insights

Around half of the world’s urban population lives on unnamed or unmarked streets and houses, most of which is from developing or underdeveloped countries. -estimates World Bank.

 On-demand ride-sharing, wherein apps and digital services are used to organize a taxi or vehicle sharing is marking the growth of the connected mobility sector. By 2020, around 685 million people are predicted to use ridesharing services, worldwide (Statista).

The global on-demand transportation market is expected to reach $290.3 billion by 2025. -Grand View Research, Inc.

Thanks to the proliferation of mobile devices and applications, there has been rising adoption of on-demand transportation, globally. Services such as e-hailing, car sharing, car rental, station-based mobility are offering a productive space for the transport industry to thrive.

Hundreds of technologies debut every year to transform the conventional way doing things. While some of them run down, there are some that hold the potential to cause disruption and become a trend.

Back in 1930s, 40% of the doctor-patient meetings were done through house calls. This was the general practice, wherein a doctor or a professional used to visit the patient’s place, following a consultation request from them. By 1980s, this was reduced to 0.6% as the advancing technology and specialization was not reachable to patients out of clinical/hospital premises.  

From LPs in 1960s to vinyl in 1970s, cassettes in 1980s, CDs in 1990s to music streaming on Soundcloud today. The evolution of music distribution has been tremendous. While the need to buy and sell the music remained unchanged; technology, innovative products, and business models have made delivery of music faster, efficient, and customized for consumers.