Friday, 1 December 2017

Radar – The next wave of disruption

Radar technology is used in many apps, including Warby Parker, Via, SeatGeek, Chick-fil-A, Raise. See videos how the technology was used by Via & by Raise.  App developers can use our iOS and Android toolkits (software development kits, or “SDKs”) to add these capabilities to their apps in just a few lines of code. Building these capabilities from scratch can take weeks or months, but integrating Radar takes only a few hours.

Taking an example of the retail industry, unstoppable disruptive forces can cause reversals that are hard to believe. Since 2000, retail sector has seen many reversals. In 2016, Walmart reported its first annual sales decline since 1980, underlining the firm challenges it faces competing against Amazon. Target stores are merging with Kmart in bid to boost struggling chain; In 2000, Kmart was the third-largest US retailer, with $36 billion in sales; by 2014, its annual revenues declined by two-thirds while Amazon’s annual sales grew to $89 billion from about $2.8 billion over the same period. Only a 15-year-old company Alibaba, the market leader in China’s booming e-commerce business, now values more than $25 billion.

The next 14 to 15 years, will be even more disruptive and Radar based IoT solution is an undisputed force in this space.

Radar strongly believes that location is the future of mobile. We’ve had smartphones for over 10 years, but most apps are not location-aware in the ways that we describe above. Moreover, many companies in the location space are ad tech companies, like Foursquare and Factual. Radar wants to change this. Their priority is to help developers build great location-aware product experiences, and to collect and store location data in a privacy-sensitive way.

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source http://news.statii.co.uk/radar-the-next-wave-of-disruption/

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