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Ever wondered how much a 10- or 15-minute downtime of Instagram, WhatsApp, or Facebook costs meta?
"Every minute the company is offline, it loses $222000 - and Facebook, Instagram, WhatsApp, and Messenger were out for nearly 8 hours for several times. According to the Bloomberg Billionaires Index, the last disruption has reduced the net worth of the company's CEO, Mark Zuckerberg, by around 2.2%, or nearly $3 billion."
Simply said, an organization or business that derives the majority of its revenue from an app cannot afford even a little 5 minute outage. In such an instance, it is vital for companies to select a solid foundation upon which to build their apps, allowing them to be active at all times. Considering that we have a very interesting data to share with you:
To bring it into better contrast, these companies' market values are:
Facebook: $1 trillion, Microsoft: $2 trillion, Coinbase: $50 billion, Discord: $10 billion
(possible acquisition valuation), Klarna: $45.6 billion, and Bolt Food: not available
(private firm). + Call of Duty: Companion App (Activision Blizzard): $70 billion.
Adding these numbers, the total combined market capitalization would be at $3.175 trillion, excluding Bolt Food's valuation. Keep in mind that these values are approximations and may have changed since my previous update.
The point is that the biggest organisations world's largest superpower, relies heavily on React Native for a reason. Good enough arguments.
In today's fast-paced digital market, businesses that want to remain competitive must provide seamless, high-quality experiences across many platforms. Frameworks are vital tools for developers, allowing them to create high-quality, maintainable, and scalable applications in less time and with more efficiency.
Using frameworks allows developers to focus their time and energy on solving complicated problems and providing value to consumers rather than being weighed down by repetitive activities and technical minutiae.
Frameworks are important in software development because:
While there are various frameworks available for mobile app development, React Native has emerged as the clear choice, providing unprecedented efficiency and versatility. According to recent market trends, React Native is becoming increasingly popular, with a substantial portion of the developer community choosing it for its cross-platform features and solid performance.
According to Statista's 2023 poll, 38% of the top app developers globally utilize React Native, making it a leading choice for mobile app development. GitHub stars for the React Native repository have hit 100,000, indicating a robust and engaged community. Furthermore, with over 1.5 million downloads each month via npm (Node Package Manager), React Native's ecosystem is booming, delivering a plethora of frameworks and tools that improve development productivity.
Easy and fast way to tap into the best react based talent is, when recruiting React Native engineers, it's critical to take a deliberate approach to ensure you find the greatest fit for your project.
Here are some important steps to consider:
Now let's discuss about impact of Laravel & hiring top seasoned laravel developers. Laravel is more than simply a development tool;
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--}}Now let's discuss about impact of Laravel & hiring top seasoned laravel developers. Laravel is more than simply a development tool;
--}}What will be your priorities as an early-stage startup whose primary offering is a web application, or involves a process via a web application?
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