‘Appy to jump on the bandwagon

Will everyone stop pretending like mobile apps are the next best thing after sliced bread? Kipp’s tired of the constant drivel on the issue.
May 12, 2011 1:39 by Eva Fernandes
If there is something young Kipp, teenage Kipp and old cynical journalist Kipp hates, it is jumping on the bandwagon. And when it comes to the press, you know precisely what Kipp is on about.
For instance, do you remember the dot com boom? The word that was on everyone’s lips was “e-commerce.”
“This is the future,” they’d claim. “Let’s invest oodles and oodles of money in it.” Until a couple of years into the beginning of the third millennium, it all came crashing down. Then, as any avid observer of The Social Network and indeed of our times will note, there was and continues to be the “social networking” boom. Everyone everywhere is cashing in on the new phenomenon of the media that will change the way society functions indefinitely. Don’t get Kipp started on the matter, we’ve written about how Twitter and Facebook are overvalued and overhyped business models to begin with.
And now, given that this month Kipp is focusing on mobile technologies, we bring you the over hyped world of apps, and the ‘appy’ puns that come along with it. This brings us to the very article that brought on this Kipp fit of rage: “All go on planet of the apps” (witty title guys.)
The article, pegging nicely to the Planet of the Apps and the launch of the first official Blackberry app store in the UAE, is an analysis of the popularity of ‘apps’ in the region. It features one particular Raghu Venkataraman, who is the chief strategy and investments officer at du, who, coincidentally, spoke at last month’s Planet of the Apps. Our dear friend Venkataraman claims that he and his family have about 400 apps on which they spent a total of Dh2,900 on.
“I’ve gone app crazy” Venkataraman happily declares as if this is something to be proud of it. How someone manages to spend more than Dh2,900 on apps, is really beyond Kipp, more so when we discover more than half of them were free to download. Kipp’s willing to dismiss ‘appily crazy Venkataraman as an anomaly, but not the bandwagon jumping press.
Take for instance this article titled “Woman sentenced for forging iPhone application” from Emirates 24|7. Interesting article, you find yourself thinking? Misleading is more like it: the article is not a mobile app “application” but an actual physical application form that was forged.
And while others seem all too ready to embrace the business of apps as a substantial part of our financial future, Kipp can’t help but remember the results of those studies which show that people really don’t use apps. Consider the results of a study conducted by iPhone analytics firm Pinch Media which found that the majority of people stop using apps the very day after they download them.
Three amusing facts from the survey:
“Fact #1: With free apps, a whopping 80 per cent of people abandon their selections the day after their first interaction.
Fact #2: When it comes to paid apps, less than a third of users go back for more the following day.
Fact #3: Only 1 per cent of people end up developing a long-term usage relationship with any given app. Instead, most tend to lose interest after only a few minutes.”
So there you go people, do you still think Kipp a raving ball of fury for getting annoyed with the over-hyped, over-valued and over-reported world of apps? Or do you secretly agree with us?
More on Analysis
-
BlackBerry opens first regional store
-
Nabbesh.com appeals to the masses
-
Cobone founder: ‘Best we’ve ever been’
-
Mile-high tower fit for a prince
-
Shift in strategy since acquisition – Paul Kenny
-
Qatar Airways expands fleet
-
Fast route to prosperity, say Middle East’s wealthy
-
Iranians put hopes for change in pragmatic insider
-
Facelift for Middle Eastern corporate culture
-
Saudi Arabia plans to block WhatsApp within weeks
-
‘Seven-star’ promotion
-
Finances strengthening but risks in Dubai – IMF
-
Five most viewed financial products
-
Economic, social pressures behind Kuwait crackdown on foreign workers
-
‘Dubai embodies the essence and ethos of a World Expo’
-
Back to pre-crisis peak
-
Qatar PM to be replaced
-
Qatar Airways cancels Seychelles route
-
Middle East on alert for pandemic
-
Deyaar builds on property plans
Lately on Kipp
-
BlackBerry opens first regional store
-
Here’s something to ‘tweet’ about
-
Golden Systems Wins ‘Best Contribution’ Award from KINGMAX
-
Nabbesh.com appeals to the masses
-
UAE Regulator Says Bourse Merger Would Have “Many Advantages”
-
MenaITech participates in sponsoring Entrepreneurial Excellence in the Knowledge Economy Conference
Here’s something to ‘tweet’ about
Sharjah Police: ‘Don’t give money to beggars’
Fighting the world’s biggest killer
Twist and shout
“Your customers aren’t fools”
Behind the curtain of Simone Heng
Chatting with the man behind Dubai City Pass
A business discussion with the author of ‘Connect The Dots’
































