devxlogo

Report: 50% of CIOs Say Mobile Development Takes Too Long

Report: 50% of CIOs Say Mobile Development Takes Too Long

A new report from Kinvey finds that the mobile development process is a source of headaches for CIOs. Among those surveyed, half said that the mobile development process takes too long. Additional findings in the report included the following:

  • 56 percent of companies take seven months to a year to complete a mobile app.
  • 20 percent of enterprises spend more than $500,000 to develop an app.
  • 67 percent of CIOs said they don’t have enough budget for mobile development.
  • 53 percent said their infrastructure was designed for Web apps, not mobile apps.
  • 50 percent don’t have the right mobile development tools and talent in-house.
  • 63 percent will be moving to the cloud to address their mobile development needs.
  • One out of three enterprises does not have a formal mobile strategy.

View article

See also  20 Real-World Examples of Embedded Systems
devxblackblue

About Our Editorial Process

At DevX, we’re dedicated to tech entrepreneurship. Our team closely follows industry shifts, new products, AI breakthroughs, technology trends, and funding announcements. Articles undergo thorough editing to ensure accuracy and clarity, reflecting DevX’s style and supporting entrepreneurs in the tech sphere.

See our full editorial policy.

About Our Journalist