Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Technology
    3. >Building a Successful Enterprise App (and the pitfalls for getting it wrong)
    Technology

    Building a Successful Enterprise App (and the Pitfalls for Getting It Wrong)

    Published by Jessica Weisman-Pitts

    Posted on December 21, 2021

    5 min read

    Last updated: January 28, 2026

    Add as preferred source on Google
    An insightful image illustrating the concept of university spin-ins, showcasing their role in business growth through collaboration with academic institutions. This trend is crucial for companies seeking innovation and support in 2022.
    University spin-ins as a trend for business growth in 2022 - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Enterprise apps are vital for business success. Rapid development and avoiding common pitfalls are key. Address the 'App Gap' with custom solutions.

    How to Build a Successful Enterprise App and Avoid Pitfalls

    By Sarah Edge, Director of Sales, UK and Ireland at SOTI

    First it was a fax machine, then a website, now an app. It starts with the early adopters but, before long, every business needs to have one. If yours doesn’t, then you risk falling behind and, in all probability, you may already have. App usage has seen rapid growth over the last decade. The iOS App Store launched in 2008 with just over 500 apps and today, 2.2 million different apps are available. Android users have an even bigger selection to choose from with access to around 3.5 million.

    It’s perhaps unsurprising given the recent world events that app installations increased 17.3% year-on-year in 2020, and downloads of business apps such as Teams and Zoom rose 132% in Europe last year. During the pandemic, apps became essential for B2B companies to conduct their business, both for internal employees and with customer interaction. Many already app-savvy businesses also grew in popularity during the pandemic such as Uber, Deliveroo, Just Eat, and Delivery Hero.

    It’s not just businesses either. The UK government had to quickly plan, develop and release its NHS COVID app in an incredibly short space of time to respond to the humanitarian and economic crisis. The app has had to protect millions of users across the country while keeping the economy moving. It was subsequently announced recently that the government has updated it to ‘ping’ fewer people, as the app’s sensitivity was causing millions of people to self-isolate, having a detrimental impact on business operations and demonstrating the pitfalls associated with app rollouts that are managed correctly.

    The demand and necessity for app development have created a perfect storm, with fast development of apps becoming increasingly important, while the stakes for getting it right ever higher. Within enterprises, many businesses now rely on mobile technology to drive the success of their company, and mobile apps are playing a leading role. Companies are creating mobile versions of enterprise solutions to customize their workflows and respond to market demands; however, they are getting bogged down by rising development costs and productivity interruptions.

    Developing a custom application for a business can take as long as five months and cost hundreds of thousands of pounds. Yet in the end, businesses can end up with a clunky, slow and possibly non-functioning app that will cause workforce inefficiencies across the organisation. Getting it wrong clearly costs companies more than just the time and money invested. They risk a frustrated workforce and customers, productivity loss and falling behind their competitors.

    Because of these reasons, today’s businesses only have a few apps and are starved for custom line-of-business (LOB) applications to streamline their important workflows. This discrepancy, the difference between how many apps a business wants, and what they are able to deliver is often referred to as the “App Gap.”

    To avoid such a scenario, businesses need to find a way to develop apps quickly while ensuring these will meet the requirements for the desired functionalities, a user-friendly design, data security and possible future updates. Building apps in-house can cause strain on IT departments as they are tasked with a complex objective, often without having experience in building a robust workable application that is critical for the running of the company. On the other hand, freelance app developers will not have the necessary understanding of the business requirements.

    An organisation’s app is now a flagship touchpoint that heavily influences the perception that both employees and customers have towards a business. An app isn’t just a tool, it’s integral to the success of a company.

    The solution is for companies to focus on their core competencies and empower their IT departments to build the apps their colleagues need by using a reliable cross-platform, rapid app development solution. This eliminates the need for coding and provides a quick, simple and affordable way of meeting the demand for new apps within the organisation. With the ability to drag and drop key app components onto a blank canvas virtually any employee can become an app designer.

    With the right tool, businesses can prototype, iterate and deploy apps in minutes or hours — not days or weeks. In addition, a well-engineered app maker will simplify operations by enabling easy app distribution to the company’s iOS and Android devices and support data exports to a wide variety of backend systems.

    Organisations that achieve business mobility and integrate operations with their IoT infrastructure will inevitably overtake those that spend months and hundreds of thousands of pounds developing a custom application that’s difficult to modify or one which is only partially integrated to the IoT architecture. To keep up with today’s mobility demands, speed, flexibility and adaptability are key. For those who are yet to build an app strategy into their business plan, there’s still time, but not much of it.

    Key Takeaways

    • •Enterprise apps are crucial for modern business success.
    • •Rapid app development is essential to meet market demands.
    • •Common pitfalls include high costs and inefficiencies.
    • •The 'App Gap' highlights the need for custom solutions.
    • •Cross-platform tools can empower IT departments.

    Frequently Asked Questions about Building a Successful Enterprise App (and the pitfalls for getting it wrong)

    1What is the main topic?

    The article discusses the importance of enterprise app development and the pitfalls businesses face in the process.

    2Why are enterprise apps important?

    Enterprise apps are crucial for modern businesses to streamline workflows, enhance productivity, and stay competitive.

    3What is the 'App Gap'?

    The 'App Gap' refers to the difference between the number of apps a business wants and what they can deliver.

    More from Technology

    Explore more articles in the Technology category

    Image for Showcasing Digital Leadership – Best Bank for Social Media 2026
    Showcasing Digital Leadership – Best Bank for Social Media 2026
    Image for Innovation Through Partnership: The Role of External Tech Teams
    Innovation Through Partnership: The Role of External Tech Teams
    Image for Nominations Open for Technology Awards 2026
    Nominations Open for Technology Awards 2026
    Image for Nominations Open for Innovation Awards 2026
    Nominations Open for Innovation Awards 2026
    Image for Archie earns industry recognition across G2, Capterra, and SoftwareReviews
    Archie Earns Industry Recognition Across G2, Capterra, and SoftwareReviews
    Image for The Bankaool Transformation: How a Regional Mexican Bank Became a Fintech Disruptor
    The Bankaool Transformation: How a Regional Mexican Bank Became a FinTech Disruptor
    Image for Submit Your Entry Today for Digital Banking Awards 2026
    Submit Your Entry Today for Digital Banking Awards 2026
    Image for Behavioral AI in Financial Services: Moving Beyond Automation Toward Human Understanding
    Behavioral AI in Financial Services: Moving Beyond Automation Toward Human Understanding
    Image for Submit Your Entry for Brand of the Year Awards Technology Bahrain 2026
    Submit Your Entry for Brand of the Year Awards Technology Bahrain 2026
    Image for Entries Now Open for Best Islamic Open Banking Burkina Faso APIs 2026
    Entries Now Open for Best Islamic Open Banking Burkina Faso APIs 2026
    Image for Entrepreneurial Discipline in the AI Economy: Insights from Dmytro Lavryniuk
    Entrepreneurial Discipline in the AI Economy: Insights From Dmytro Lavryniuk
    Image for Entries Now Open for Best New Digital Wallet Innovation Award 2026
    Entries Now Open for Best New Digital Wallet Innovation Award 2026
    View All Technology Posts
    Previous Technology PostWhy the Serverless Office Is the Next Phase of Cloud Computing for Banking and Finance
    Next Technology PostHow Inventory Monetisation and Blockchain Could Alleviate Supply Chain Pressures