Global Businesses Estimate Poor Mobile App Quality Costs Up to $2.49M in Lost Revenue [Yahoo! Finance]
Dolby Laboratories (DLB)
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Source: Yahoo! Finance
AUSTIN, Texas, March 19, 2024 BUSINESS WIRE )--Tricentis, a global leader in continuous testing and quality engineering, today released the findings of a new global survey on the importance of mobile application quality and testing, with emphasis on the potential impact of artificial intelligence (AI), and low-code/no-code automation. Among the key findings are: While the majority (87%) of senior IT professionals and application developers state that mobile application quality is critical to their business, 90% of respondents estimate that poor mobile application quality costs their business up to $2.49M in lost revenue per year Competing priorities (28%), lack of technology and talent (25%), time (25%), and cost (24%) are cited as key challenges in the implementation of mobile app development and testing strategies AI and low-code/no-code tools are viewed as potential solutions to improve mobile application quality, and global businesses expect their use to save one working
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DLB
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- 2/1/24 - Beat
DLB
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- 3/1/24 - Form 144
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