How Business Systems Need to Adapt to the Sharing Economy

The platform economy has given rise to several mobile applications that are worked towards making our daily life much easier and simpler.

Whether it’s to get groceries or if you want to move from one place to another, these mobile apps have to get you covered!

How does one who either owns a bike or an auto be a part of this sharing economy?

Let’s understand this with the help of an example.

Let us assume that a company that has an auto sharing app, in the first place it needs to have an ample number of auto vendors who are actively engaged in the application, only then can the application be used by customers, in this case, the passengers.You might now ask me, I own an auto sharing mobile application, how can I find auto vendors to offer their service by onboarding onto my application?

Taskmo has worked with various noteworthy players in the ride-sharing economy such as Ola, Rapido, Uber, Bounce and many more.

The market for ridesharing applications is quite wide and open.

BlaBlaCar is just the tip of the iceberg when it comes to riding sharing.

It could be the untapped segment in the world of sharing economy.

If you would like to create a business in the transportation sector, and specifically in ridesharing, the time is right now!

On the surface, this appears to be a near perfect system as Uber capitalizes on the under-utilized resources that are already within the environment rather than providing a service that requires them to source a fleet of vehicles on their own tab.

Need for On-demand Ridesharing App Platform using E-Bikes

However, there is one major flaw, travel in the big city especially during rush hour does not easily accommodate large and cumbersome vehicles as roads are typically congested and underground trains do not offer a direct route in most cases.

E-bikes Will Bring Mobility to the Travel Industry and the Sharing Economy

Sometimes we get caught in a situation where the traffic is a too heavy drive, but our destination is just too far to walk, travel time not even considered.

The obvious advantage to electric bikes and scooters here is that what they lack in the amount of power a car has, they make up for it with maneuverability that almost matches walking.

Anurag Rathod is an Editor of Appclonescript.com, who is passionate for app-based startup solutions and on-demand business ideas.

From the past few years, we are experiencing various types of transportation services that are beneficial for us.

Before the process of booking a taxi was hailing a ride but now, we do book a ride through the taxi booking app and we do ride-hail.

It was the first ride sharing company that charges very less in comparison with the traditional taxi services.

It was the most innovative that people saw and adapted it very soon.

A few years back a new concept came out that got ultimate popularity i.e., ride sharing.

The rising number of modern online marketplaces cause rapid development of sharing economy.

How to catch the hype and build a marketplace that will conquer the world?

Find the answers in our article.

We hope this guide will help you better understand the building blocks of marketplaces.

If you have any questions on how to create an online marketplace or want to work with us, feel free to message our team.

Reasons for the growth of the on demand service industry and the 5 hacks an entrepreneur should remember so that they can succeed in the on-demand economy.

Cybersecurity market size is a sweet view for every business out there making the full use of it.With technology being at its best along with digital adoption as a tool in business,cybersecurity is taking over the market with its rapid growth in adoption and usage.Well, if you ask what is cybersecurity?

Then, the simple way to answer it would be that cybersecurity is the practice of maintaining a system’s security by protecting it against the malicious attempt at the data/information and from unauthorized access that is in digital form.

The market size of cybersecurity is divided as per its usage of different verticals involving the Product Type (its services or solutions), the End-User industry (banking, financial services and insurance, healthcare, Manufacturing, Retail, defence and intelligence, IT and Telecommunications, etc), and Deployment ( that includes on-cloud, on-premises).

Cybersecurity Market Size and ReachThe factors that drive the cybersecurity market towards the growth are many in number but the one that is well-known is the cybersecurity trends along with the trends and demand for IoT, AI, etc in cybersecurity.

Artificial Intelligence and machine learning offer benefits in the detection of risk on the outer sides and parts.The global cybersecurity market in 2019 was valued at USD 161.07 billion and as of now, it is estimated to reach 363.05 billion by the year 2025, i.e at a CAGR of 14.5% for the period of 2020-2025.

Machines and technology have brought with them the management of billions of security events in a day’s time along with a clear view of activities performed and also showing any kind of unusual activity or attempt to access.With the larget market reach being North America, the cybersecurity technology is taking its placing and growing with the fastest speed in the Asia-Pacific region.

Taxi aficionados, armada proprietors, and taxi administrators who plan to reconsider and rethink the utilized taxi advertise by giving a wind in their day by day taxi benefits that would be cherished by all, here are five venturesome highlights thought by heart, we wager each other rider strive for:Enable the Rider to Request A Ride For A Loved OneTaxi hailing company NigeriaEnvision your normal taxi application client's mom doesn't possess a Smartphone, can't drive by her very own living her restricted to the transportation alternatives.

Stressed for her portability, wouldn't a child search for an answer that could enable him to demand a ride for her mom?Arrangement: Get manufactured a component which empowers the client to demand a ride for their family or companion for their benefit by setting their goal and get point.

In this procedure, the driver can get to riders' telephone no and name and client can follow the drivers' course.Empower A Trip Tracker For FamilyEach individual needs significant serenity when any of their relatives are on compensation.

Be that as it may, to her help, she promptly gets a call from the taxi bolster group just to guarantee in the event that she is fine as the driver had changed the assigned course.

Moreover, it is similarly critical to make an answer that can raise a caution to advise bolster group if there should be an occurrence of any unpredictable action during the ride like course changes, disposes of in the system, or some other specialized vacation and alarms the group to make brief move.Pay Next Time FeatureTaxi apps in NigeriaIt might happen a client comes up short on cash and overlook his cards or most exceedingly terrible he/she gets stranded in a betrayed spot.

He waves his turn in the rush hour gridlock to get the lift however gets no assistance.How great it could be, on the off chance that he can push a catch on his telephone, the taxi application opens, he enters his area, and, voila, the application reveals to him that the taxi is headed to him and will touch base in no time flat.