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Mobile Services Are Next Uber Trend

Services like Uber are redefining how we use mobile technologies to transform our everyday lives.

Sarah Thomas

September 30, 2013

2 Min Read
Mobile Services Are Next Uber Trend

The massive $258 million round of funding Uber raised this past month is indicative of more than just the need for better taxi services. It's another sign of how mobile services can play a transformative role in our everyday lives. (See: Baby, You Can Fund My Car: Uber Drives August VC.)

In compiling the list of August funding wins, Rutberg & Co. noted that transportation app companies like Uber and Lyft are "redefining physical world services with great front-end mobile user interfaces and experiences." It's a trend that the analyst firm believes is just beginning and could spread across many other verticals. The analysts write:

  • The service marketplaces are characterized by low infrastructure requirements, an open field for consumer brand creation, and a strong barrier through network effects for companies with scale. The companies are fundamentally disrupting the traditional players, ecosystems, and business models and are leveraging collaborative consumption to enable peer-to-peer services and individual personal businesses.

In a time when we have millions of mobile apps to choose from, it's rare to find one that really transforms how we interact with a business or how we complete an everyday process. Funding is not always an indicator of success, but apps like Uber, built with a mobile-first mindset and utilizing uniquely mobile features like the GPS and camera, have a lot of potential for staying power. I agree with Rutbergs that we'll also see this dynamic play out in verticals like healthcare, where the smartphone is becoming a tool for monitoring, wellness, and even diagnosis.

Wireless operators will want to keep an eye on this trend, too, because these types of transformative mobile services will showcase the power -- or shortcomings -- of their LTE networks. The combination of powerful devices, powerful networks, and powerful services will be an exciting area to watch.

— Sarah Reedy, Senior Editor, Light Reading

About the Author(s)

Sarah Thomas

Director, Women in Comms

Sarah Thomas's love affair with communications began in 2003 when she bought her first cellphone, a pink RAZR, which she duly "bedazzled" with the help of superglue and her dad.

She joined the editorial staff at Light Reading in 2010 and has been covering mobile technologies ever since. Sarah got her start covering telecom in 2007 at Telephony, later Connected Planet, may it rest in peace. Her non-telecom work experience includes a brief foray into public relations at Fleishman-Hillard (her cussin' upset the clients) and a hodge-podge of internships, including spells at Ingram's (Kansas City's business magazine), American Spa magazine (where she was Chief Hot-Tub Correspondent), and the tweens' quiz bible, QuizFest, in NYC.

As Editorial Operations Director, a role she took on in January 2015, Sarah is responsible for the day-to-day management of the non-news content elements on Light Reading.

Sarah received her Bachelor's in Journalism from the University of Missouri-Columbia. She lives in Chicago with her 3DTV, her iPad and a drawer full of smartphone cords.

Away from the world of telecom journalism, Sarah likes to dabble in monster truck racing, becoming part of Team Bigfoot in 2009.

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