5 Great Biz Expense Tracker Apps for 2019

5 Great Biz Expense Tracker Apps for 2019

Tracking your business expenses is one of the most important things to do of having a business, other than looking for the perfect phone system for your business. Business is a matter of how you play your resources right. You invest in something and if it sells, you earn money, otherwise, charge your losses to experience. But how can you accurately tell how much your business earned, invested, and loss?

In most cases, business owners hire someone to do that for them and that job falls under to an accountant. For businesses who don’t have the budget to hire an accountant, owners rely on software that can track their business expenses and everything that comes in it.

Although, most, if not all, software that is capable of doing such feat doesn’t come around for free. If it does, they either come with annoying ads or limited functionalities. So, if you’re a business owner or someone who just wants to tracker their expenses at all times for free, then you might want to consider an expense tracker app.

Expense Tracker App for Android

 

 

 

 

 

 

 

Expense tracker apps for Android are applications that you can download and install from the Google Play store. These apps can be used to track all of your expenses or investments for your business. By doing so, owners will be able to keep an accurate presentation of their overall business expenses. Additionally, it will allow business owners to know the exact amount of their earnings and losses up to the very cents.

Business expense tracker apps are also portable since you use it with your Android smartphone that you carry with you all the time. Giving you the convenience and ease of use to use it anywhere anytime.

If you’re looking for a tool that you can use to keep track of your business expenses or generally, your expenses, then look no further. We listed down 5 of the best expense tracker apps for your business or personal use that you can use with your smartphone anywhere anytime.

Expense Tracker Apps Overview and JOA Rankings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5 Best Expense Tracker Apps Ideal for Business Use

We tested 10 of the most popular and most downloaded financial tracker apps on the Google Play store. Out of the 10, we narrowed our list down to 5. Eliminating those apps that either doesn’t meet our standard, redundant or not ideal for business use.

So without further ado, here are our top 5 expense tracker apps perfect for business use:

  1. Money Manager Expense & Budget – by Realbyte Inc. [Best Overall Business Expense Tracker App]

The Money Manager Expense & Budget by Realbyte Inc. is gonna one of the best expense tracker app available out there. This app offers a comprehensive tracking functionality that’s mostly perfect for all kinds of expenditure. May it be for business, personal, or household purposes, this app has it all.

Other the tracking expenses, you can also use the app to track your income. The app will then generalize your expenditures for daily, weekly, and monthly. By doing so, you will be able to track your expenses on a specific day and your overall expenses either on a weekly basis or monthly.

The app will also generate statistics that will show a graph of your overall expenses. Giving you accurate information about where your money is mostly spent on.

The app supports all currencies making it a worldwide compatible app. Other than simply doing inputs of your income and expenses, the app also allows you to put more specifics to it. Such as, what or where you spent money on, cash or card, and account info.

Among our list, nothing is a more flexible and comprehensive expense tracker app than this one. Additionally, you can continue working on your tracker on your PC which we find very convenient feature to have.

Main Features:

  • Applying double-entry bookkeeping accounting system
  • Budget and expense management function
  • Credit / Debit Card management function
  • Transfer, direct debit and recurrence function
  • Passcode Protection
  • Instant statistics
  • Bookmark function
  • Backup / Restore
  • Change of starting date
  • Calculator function (Amount > upper right button)
  • Sub Category ON-OFF function

If you’re looking for a tracker that’s free and has a comprehensive way of tracking your budget, income, and expenses, then we strongly recommend having a look at this one. The only downside of this app is that the free version is limited to 10 assets only and comes with a few random ads.

 

  1. Wallet – Finance Tracker and Budget Planner – by BudgetBakers.com [Best Alternative Business Expense Tracker App]

Another app that’s quite similar to the first app is the Wallet – Finance Tracker and Budget Planner by BudgetBakers.com. This expense tracker app can be considered as comprehensive as the first one. It is capable of tracking your expenses, income, and keep a note of your budget.

The app will allow you to input your expenses either on a daily basis, weekly, or monthly. If you configure the app to note down your budget for a month, it will send a notification that you’re about to use up all of your budgets as you input your expenses which is a pretty neat feature.

What makes this app set itself apart from the list is its added functionality. The app has a smart reminder, once enabled, the app will remind you to input your expenses and to keep a mind of your budget. Furthermore, one unique feature of this app is being able to configure a Goal.

The Goal section of this app allows you to set a specific goal on your budget. For example, set a goal to save $100 for this month. The app will then remind you of your goal from time to time which is a pretty nice feature.

Other than that, the app is user-friendly and has more things to offer.

Main Features:

  • Automatic Bank Updates
  • Imports or Manual Bank Updates
  • Flexible Budgets
  • Insightful reports
  • Sharing selected accounts
  • Multiple currency support
  • Automatic cloud sync
  • Receipt and warranty tracking
  • Categories and templates
  • geo-mapping transactions
  • hash-tagging
  • Shopping lists
  • Exports to CSV/XLS/PDF
  • Debt management
  • PIN security
  • Standing orders
  • Notifications
  • Money Tracker
  • Statistic Report and more.

The only downside of this app is the limited number of accounts you can store in it as well as no multi-user support for one account.

You can, however, purchase or subscribe to the premium version. The monthly subscription will cost $2.99 a month and the one-time lifetime payment cost $39.99.

  1. Money Lover: Money Manager, Budget Expense Tracker – by Finsify [Best User-Friendly Business Expense Tracker App]

The Money Lover: Money Manager, Budget Expense Tracker by Finsify is another excellent featured pack expense tracker app. It has all the features that you will find on the first 2 apps that we mentioned above. The only thing that sets this app apart from the rest on this list is its support for SMS banking, ATM & Bank Finder, as well as money exchanger finder.

Other than the ability to track your business expenses and earnings, this app offers a more simplistic viewing of your expenses. It’s also far more user-friendly than most of the apps listed in here.

Basically, the app has the same functionality as most apps listed here. What makes this app different is its simplistic viewing and quick to navigate to date. Additionally, it has a quick viewing of your financial reports. Easily giving you an overview of your spending, income by date or group.

Main Features:

  • Money Manager
  • Budget Planner
  • Goal Wallet
  • Linked Wallet
  • Bank Sync
  • Credit Wallet
  • Reporting
  • and more.

If you’re looking for an expense tracker that you can easily work with without the need of a tutorial or guide, then this app is worth checking out for.

The only downside of this app is that it comes with account limitation and ads. You can unlock the full potential of this app that removes the ads, give you the ability to export your data to Microsoft Excel, and removes the account limitation. The premium version will cost you about $12. That’s better pricing compared to the Wallet app.

  1. Monefy – Money Manager – by Aimbity AS [Best Lightweight Business Expense Tracker App]

If you’re looking for an expense tracker that’s lightweight and won’t consume much space on your Android smartphone, then Monefy by Aimbity AS is the perfect app for you. It’s far simpler compared to the rest on this list. The home page is the main user interface while keeping things at its basic.

Monefy is by far the easiest and most user-friendly expense tracker app on this list. Adding your expenses and income is easy in 3 steps. Simply tap Expense, input the amount, select a category, and you’re done. You can also pick the account for your income input.

Main Features:

  • See your spendings distribution on the chart
  • Get detailed information from the transactions list
  • Manage categories
  • Synchronized using your own Google Drive or Dropbox account
  • Handy widgets that could be used on the lock screen
  • Multi-currency support
  • Select the currency
  • Use budget mode
  • Backup and export data in one click
  • Multiple accounts support
  • Passcode, Touch ID and Face ID protection
  • Built-in calculator
  • Dark theme

Despite being free and lightweight, one of the most concerning downsides of this app is the inability to change the currency and a couple of feature limitations. You can unlock all its features, remove the ads, and remove its limitations for $2.

  1. Spendee – Budget and Expense Tracker & Planner – by SPENDEE s.r.o.

 

Spendee by SPENDEE s.r.o. is the last app in our list but definitely not the least. Every expense tracker apps offer different and various unique functionality. Spendee is not one of them. What makes this app worth including in our list is its simple user-interface, ease of use, and has all infographic data as well as your list of expenses and earnings in the app home page. Eliminating a few taps if you want to view your statistics, calendar, and expense info.

Spendee is like a trimmed version of Wallet. The app is free and has a couple of limitations. If you want to fully unlock the features of this app, you need to opt for a monthly subscription that you can pay either monthly or annually. You can opt to either the Premium version ($22.99/Yearly|$2.99/Monthly) or Plus version ($14.99/Yearly | $1.99/Monthly).

Lastly, the basic version, the one that’s free, only has a detailed overview, secured data protection, import/export transactions, and backup & sync. If you’re looking for an expense tracker app that has all the information you want to see without the need to transition to a different UI, then Spendee is worth checking out.

The only downside of this app is that you’re required to opt to a monthly or annual subscription plan if you want to unlock all of its features. Otherwise, the free version is very limited to 1 account.

So that’s our top 5 best expense tracker apps for business or personal use. Although, if there’s one tool that can outshine all of these apps for this specific purpose, we’re gonna have to go with Microsoft Office 365 Excel.

The Best Expense Tracker App 2019 – Microsoft Office 365 (Excel)

If there’s really one tool or software that we can really proclaim as the best Expense Tracker app for personal or business use, it’s going to be Microsoft Excel.

Microsoft Office 365 – $89.99

Although Microsoft Excel may not be easy to use, it is a powerful tool that can be set up to track your business expenses. You can also save it online allowing you to work on it either on your phone or on your PC. If you’re not confident enough or not skillful to manage and create a theme for excel, you can download themes online that’s already pre-formatted and pre-configured to work for your tracking needs.

Related Question Most People Ask About

  • What’s the best expense tracker app?
    • The best expense tracker app depends on the ones that fit your choice of preference. For us, the best expense tracker app is Microsoft Excel. For Android smartphone, we prefer to use Money Manager.
  • What is the best expense tracker app for iPhone?
    • According to most iPhone users, the best expense tracker app is XpenseTracker by Silverware Software, LLC.
  • What is the best expense tracker app for Android?
  • How to use an expense tracker app?
    • Depending on the tracker app that you’re using, most expense tracker app simply requires you to input your expenses and income on a daily basis. So you can keep track of your expenses accurately.

Business Expense Tracker App for Android Smartphones

Ultimately, expense tracker apps exist to aid you in keeping in track of your daily expenses. These apps aim to provide you information to have an efficient way of keeping track of your money. So regardless of your choice, all the expense tracking apps included in our list should do the job. Regardless if you need it for your business or personal use, all the apps will be capable enough to do the task.

Guest Blogger:

 

 

 

Original Article: https://joyofandroid.com/best-business-expense-tracker-app/


9 Ways to Validate Your Startup Ideas

Having your own business might be something that you envisioned for a long time. Now that you have an idea on what business to pursue, should you jump in right away and get started? No matter how excited you are and how good you think that idea is, it’s still best to pause and validate if your business idea.

Validating your startup idea doesn’t necessarily eliminate the risk of failure. However, this will tell you if it has a bigger chance of succeeding. Plus, it will help determine if you are on the right track when it comes to your plans.

One of the things to ask yourself is what problem you are trying to solve or eliminate? Your product or service must be useful for your target audience. It should be the solution for their specific issues or it must make their lives easier.

Know your market. Decide on which group of consumers you will be focusing on. Do your research to find out about their needs, wants, and expectations and see if your idea meets them.

There are more ways on how to validate your idea for a startup business. We compiled them in an infographic to make the process more convenient for you. Find out if your idea is something that is worth pursuing or not with our gorgeous and informative illustration below:

9 Ways to Validate Your Startup Ideas

Guest Blogger: Scott D. is with Start Blogging online: www.startbloggingonline.com

 


What the heck does Snow Fall have to do with story telling?

18 Months after the New York Times published a story about an avalanche in Stevens Pass, in Skykomish, Washington, viewers are still raving about how this story represents the future of story telling, of eBooks, of writing in the digital world.

If you have not seen it, you need to check it out. The “news article” combines well written prose, video clips, pictures and Google Earth type imagery to immerse the reader into the story. And, it works. You feel like you are there. The credit for this great example of modern journalism goes to John Branch.

Follow this link or Google NY Times Snow Fall and you will see all the supporting articles and blogs that have been written following the release of the original article on December  20, 2012. I hope I write an article this well that gets this much exposure and acclaim some day. John won a Pulitzer Prize for his work. Well done.

J.R. Atkins recommends the NY time article snow fall


J.R. Atkins, thinking inside the box

Box Thinking: Inside or Outside?

J.R. Atkins, thinking inside the box“Thinking outside the box” is such an over-used term yet I still hear it used to describe looking at life, a systems, a product, a problem or an issue in a new or different way. But, to think outside the box, don’t you need to understand what is in the box? Check out the list below and see if you can think of additional material that should be in or outside the box.

“Inside the Box”

  1. Current Methods & Procedures
  2. Current Customers & Prospects
  3. Current Employees & Recruits
  4. Current Products & Services
  5. Current Information & News Sources
  6. Current Ways of Thinking & Communicating
  7. Current Locations & Resources
  8. Current Culture “The way we do things”

J.R. Atkins thinking outside the box“Outside the Box”

  1. Any New Approach, Order or Method
  2. Any New View or Perspective
  3. Any New Way of Thinking
  4. The Opposite of the “Inside the Box” Thinking

 

For one to be good at creating, innovating, inventing, developing… you must be able to suspend your current beliefs long enough to see the world in a new way. In Seth Godin’s recent book “The Icarus Deception” he writes of the balance between our comfort zone and safety zone and how we must get comfortable with new realities or our new safety zone. He goes on to say that success in the new era goes to those that “create ideas that spread and connect the disconnected.” J.R. Atkins recommends The Icarus Deception

As we enter 2014 my hope for you is that you are able to create remarkable results with remarkable ease. Perhaps you can think outside the box to new highs in your career by looking at what is already in the box.

Events Worth considering

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Do You Have Digital Meetings?

What I mean is, when you meet with others, are there digital devices involved? Are there laptops, phones and tablets on the table with people “typing” away on their phones and keyboards? As I visit organizations, I see that the use of digital devices in meetings really depends on the organization culture. Some organizations are digital oriented, others focus on short meetings with updates and actionable items while other have meeting that are so slow and boring that if people could not use their device, they’d fall asleep.

J.R. Atkins comments on devices in meetings

I also see this as the clashing of two cultures, a digital oriented culture and a non-digitally oriented culture. Have you heard about the lady that thought the associate pastor was surfing the web during church when he was actually reading the Bible online? There all kinds of issues that arise. We ask ourselves “are they paying attention to me?” Yet others are less sensitive, and they think “sure, go ahead and tweet while we are talking.”

My associate who specializes in Culture Building says we, as a group or a company, get to choose and build the digital culture of our organizations. We should reach an agreement as to the level of digital device use during our meetings. talking. I’m ok with that.”

What do you see in your organization? Can you use a device in your meeting? Is your organization wrestling with how to deal with devices in your meetings?J.R. Atkins address the use of devices in meetings

I look forward to hearing from you by phone, email, or blog.

Events Worth Considering


Mobile App Development Market Perspective

Mobile App StrategyA recent web search of Mobile App Development returned the following companies. This is a fast developing landscape especially in the enterprise mobile app space. This search was done on 7/6/13 using Google Chrome. Although company names repeat in different categories, some website links vary. One trend I have noticed since entering the industry in 2009 is the emergence of major software companies in the Mobile App Development space.

 

“Mobile App Development”

  1. SalesForce.com
  2. Momentum Design Labs
  3. MicroStrategy
  4. Netsmartz
  5. Titanium aka Appcelerator
  6. World Link
  7. Fueled

 

“Mobile App Development Dallas”

  1. World Link
  2. Bottle Rocket
  3. xCube Labs
  4. Copper Mobile
  5. Code Authority
  6. G&G Technologies
  7. NourTek Solutions

 

“Enterprise Mobile App Development”Mobile App Development

  1. Kony
  2. Citrix
  3. IBM
  4. HP
  5. AT&T
  6. Copper Mobile
  7. Innoppl
  8. xCube Labs

 

“Enterprise Mobile App Development Dallas”

  1. Copper Mobile
  2. Kony
  3. Citrix
  4. World Link
  5. xCube Labs
  6. Orchestra Technology
  7. Ayoka Systems
  8. Enterprise Mobile



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What Makes a Great Event for Marketing Your Business?

As I work with small and medium businesses, many are using events to help drive business. The events vary in type, size and purpose. Some events are designed to introduce new products or staff, while others are designed to increase awareness of the company’s capabilities. Once you know your desired outcome, follow the recommendations below and you can host a results producing event for your organization.Event Marketing by J.R. Atkins

For the event to be successful at producing results, use the three C’s: Content, Cocktails & Connections

Content, as in Social Media, is the primary driver of results. What will your guests hear, see or do at your event? The more your guests are involved, the greater likelihood that your event will create a lasting impression. Some examples of content: a noteworthy speaker, not necessarily the CEO, such as a customer or a professional presenter who can talk about you and your company so you don’t hype yourself. Have entertainment such as a musical combo playing quietly, or a comedian warming up the crowd before your speaker. Remember you want to inform and entertain the audience.

Cocktails or unique beverages such as flavored tea will help ease people into conversation. When your audience is freely talking they are usually enjoying themselves. Warning – Make sure you have a good sound system for your presentation as people often continue their discussion during your presentation. No one enjoys or learns from a presentation they cannot hear.

Connections are the second driver of results. The people we meet impacts our business and personal lives. Think of inviting “noteworthy” people for your guests to meet or connect people who should meet one another. Then tell them in advance you would like to introduce them at the event.J.R. Atkins recomend Events to grow your business

Once you have planned your event, the next task is to fill the room and to do this use the letters “ALV” or Awareness, Location and Value.

Awareness can best be understood by asking yourself “How many people know about my event.” How will you make others aware? A few suggestions to consider: Mail an invitation. Yes, “snail mail” still works. Email, 2 to 3 times leading up to the event. Send the first one at least 3 weeks out so people can “save the date.” Online tools such as Websites, Facebook, LinkedIn, Twitter, YouTube, Google Plus and MeetUp are good tools to get the word out. If your event is on a larger scale you may consider advertising in local journals or trade publications that your target audience reads.

Location in itself can be a deciding factor in your audience choosing to attend your event. A new venue such as a hotel, restaurant or bar can be a big draw. Many business people don’t get to the hot clubs unless there is a special event. Plus, clubs and bars often have very light or no traffic in the hours at the end of the workday.

Value, as perceived by the invited guests, is critical to saying yes to the invitation. Value is often seen as being entertained, being held in esteem to or honored, or a feeling of being special. Another way value is viewed is “how will this help me or my business.” If the invited guests see value in attending your event, then they are more likely to go. Value can be created via the program, other guests and your presence.Professional speaker J,R. Atkins

Lastly, a few comments about “How To” and cost. If you are new to event planning, get help! You can find event planners that cost you nothing and others that charge a substantial fee and deliver startling results. Look online for best practices in event planning, write out the details with a time line, involve your staff and for peace of mind, give yourself plenty of time.

I look forward to hearing and reading your comments on using events to drive business results. You can share them by email, blog, or phone at 214-707-1705.

Events Worth Considering

06-29-30 DFW Rocks Social Media with J.R. Atkins
06-30-30 DFW Rocks Social Media
07-02-13 Fostering a Tech Startup Culture
07-04-13 Concerts at the Arboretum
07-08-13 Rena Pederson, The Burma Chronicles
07-09-13 Social Media & Your Career with J.R. Atkins
07-10-13 Facebook Basics with J.R. Atkins
07-11-13 DFW AMA Meet & Greet
07-11-13 Rolling Stones Cover Band
07-16-13 Learning from Iraq
07-17-13 Digital Dallas ~ Digital DUMBO
07-17-13 Film Screening: Not My Life
07-20-13 5th Annual Little Black Dress Event
07-24-13 LinkedIn Basics with J.R. Atkins
07-30-13 Last Tues Happy Hr @ The Ritz

Every Sunday 8:30 pm Perspective Pulse with Ashley Berges & J.R. Atkins on KLIF 570 AM and the iHeartRadio App.


The Value of Quiet Time

Throughout my life, I have sought to balance the stress of life with a few minutes of quiet time. A recent week full of events, work and personal commitments caused me to take a closer look at the value of quiet time.

Author J.R. Atkins on the important of reflectionThink & Reflect Quiet time allows me to think about my life, activities, issues and opportunities and attach or remove meaning from them. When one project ends, what did I learn and how did I benefit from the project; how will I utilize those lessons in the future? When I get angry at someone or something, my quiet time allows me to re-think my role in the anger and the effect of the anger on my life.

Guidance It is during my still quiet moments that I seek guidance for my life; where I listen for messages, contemplate issues and prepare for action. Once I perceive guidance, I feel more comfortable about my plans and activities.

Prioritizing There are so many ways we can spend our time, money and resources, how do we choose what to do and when to do it? My quiet time allows me to think about priorities and make adjustments. After all, you can get more money, but you cannot get more time.

Author J.R> Atkins speaks on VisionReviewing Goals Occasionally I’ll look at my written goals, visions and beliefs. I write these at the beginning of the year as a sort of annual plan for my life. It covers mental, spiritual, financial, physical, emotional, recreational and relational goals. Each time I review these plans I make notes, adding and deleting to the plans as life dictates. Through my quiet time I get to be honest with myself as ask “are you doing and being the kind of person you say you want to do and be?”

Feed the Vision It is in our quiet time in which we get to imagine our future as we desire it to be. In Think and Grow Rich, Napoleon Hill writes of the power of our desire and determination and how we can have whatever we want in life, if we simply use our minds.

Reading Good Books I enjoy reading fiction and it can feed my mind but when I speak of reading good books I’m speaking of reading non-fiction; biographies, history, current periodicals and more. I suggest that together, reading and reflecting, can create powerful results in our life and for reflection our brains and Author J.R. Atkins recommends think & grow richbodies need quiet time

Do you take time for peace and quiet in your life? I’d like to hear your ideas about how quiet time affects you. Do you have a special place, a chair, inside or outside, maybe a garden? Do you meditate as a part of your still quiet moments? Please call, email or add your comments to my blog at:

Events Worth Considering

06/01   Saturday at the Warwick Melrose
06/02 Perspectives Pulse on KLIF AM 570
06/04 Concerts at the Arboretum
06/05 Inside the CIA with Author Jason Matthews
06/06 DFW AMA Dallas Meet & Greet
06/06 Concerts at the Arboretum
06/08 Family Day at Meadows Museum
06/09 Perspectives Pulse on KLIF AM 570
06/11 How Social Media Helped RG III Win the Heisman
06/11 Concerts at the Arboretum
06/13 Social Media: What’s Working, What’s New With J.R. Atkins
06/13 Dino Patti Djalal, Ambassador of Indonesia to the U.S
06/13 Concerts at the Arboretum
06/14 Men’s Steak Night with John Quinn
06/16 Sailing: Dallas Race Week 2013
06/16 Perspectives Pulse on KLIF AM 570
06/17 From Social Media to Mobile Apps with J.R. Atkins
06/18 Concerts at the Arboretum
06/19 Social Media for the Over 50 Crowd by J.R. Atkins
06/20 TeXchange Summer Social @LoneStarPark
06/20 Concerts at the Arboretum
06/23 Perspectives Pulse on KLIF AM 570
06/25 Last Tuesday Happy Hour at The Ritz Carlton
06/25 Concerts at the Arboretum
06/26 Social Media for the Over 50 Crowd by J.R. Atkins
06/27 Concerts at the Arboretum
06/29 Social Media in DFW~2013 with J.R. Atkins
06/30 Social Media in DFW~2013 with Others
06/30 Perspectives Pulse on KLIF AM 570


Are You Getting Your Share of the $25B in Mobile App Sales

The Wall Street Journal today summed it up well stating that the Mobile App business is booming 5 years after Apple launched the App Store. Read the some of the details below or see the full article at the Wall Steet Journal.

Apps Rocket Toward $25 Billion in Sales

Players in Quickly Growing Business Scramble to Figure Out Best Ways to Attract Users and Turn a Profit

By JESSICA E. LESSIN and SPENCER E. ANTE

The mobile apps industry is booming, with Google and Apple now offering more than 700,000 applications each in their respective stores. But for every Instagram, there are thousands of duds. The WSJ’s Jessica Lessin tells us what makes an app successful in today’s competitive market.

Nearly five years after Apple Inc. AAPL -2.42% kicked off the mobile-apps craze, the industry is booming.

App stores run by Apple and Google Inc. GOOG +1.90% now offer more than 700,000 apps each. With so many apps to choose from, consumers are estimated to spend on average about two hours a day with apps. Global revenue from app stores is expected to rise 62% this year to $25 billion, according to Gartner Inc. IT +2.27%

The apps industry has matured in some respects. Some of the Wild West tactics of five years ago—like scams to accrue more downloads—have given way to more order as Apple and others tighten their rules. App developers are more methodical about marketing their apps and focusing on the few apps that work best.

What’s Your App?

Business leaders, athletes and entertainers share their favorite smartphone and tablet apps.

WSJ’s Spencer Ante takes a look at the explosive growth of smartphone, tablet and smart TV apps and how Google’s Android apps have given Apple a run for its money. Photo: Google, Inc.

How big of a money maker are apps? What country’s GDP is the size of the global app economy? How does app use compare to TV in terms of time spent per day? WSJ’s Jason Bellini has answers.

For every Instagram, the wildly popular photo sharing app that Facebook Inc. FB -0.22% bought for $1 billion last year, there are hundreds of thousands of apps that don’t catch on.

As the battlefield shifts to new geographies, new categories and new devices, developers are still trying to figure out which business models are the most profitable.

The apps industry “is like cars at the turn of the last century,” said Simon Khalaf, chief executive of mobile analytics firm Flurry Inc. “You see the growth of roads and know they’re going to be big. But it is still early days.”

TinyCo Inc., a San Francisco-based game maker that released its first mobile game in 2010, is experiencing both the promise and the perils of the apps industry. Today it has 13 mobile games and revenue is doubling. But every day is a battle to acquire users, said Michael Sandwick, manager of strategic partnerships.

The cost of acquiring users through advertising continues to rise by double digits year-over-year, he said, sometimes more sharply when bigger companies seek to introduce a new game. That has forced the startup to better tune its spending based on data about how people are discovering their games.

“There’s an incredible amount of saturation,” said Mr. Sandwick.

Just a few years ago, the apps industry was simpler. In early 2010, Apple’s App Store had a commanding lead with around 140,000 apps for phones. The market was heavily focused on the U.S.

Apple and Google Inc.’s Play store are today neck-in-neck in terms of smartphone apps catalogs and usage, said analysts. Apple still dominates in terms of money made by more than three to one, according to App Annie.

And there are others also offering app stores—to different degrees of success—including Microsoft Corp., MSFT +0.72%BlackBerryBB.T -3.60% -maker Research In Motion Ltd., and Amazon.com Inc. AMZN +2.77%

The app boom has spread to markets such as China, Japan and South Korea. That has led to some apps like social-networking service NHN Corp.’s Line leapfrogging U.S. app-makers in revenue by selling virtual items like stickers.

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And apps are expanding their reach on devices. They’re no longer just for phones, but tablets and televisions too. The apps are taking advantage of hardware improvements like sensors that can tell an app how fast a person is moving.

In the past two years, consumers have doubled the time spent with apps to about two hours a day, according to Flurry. Yet people churn through apps fairly frequently, making it hard for developers to retain users.

About 63% of the apps used daily now differ from those used daily a year ago. Moreover, consumers focus on a handful—roughly eight apps—at a time.

Michael Duda, a New York-based marketing consultant and investor, said he regularly uses about 12 of the 70 or so apps on his Android smartphone that make his life easier, including Twitter, LinkedIn, Sonos, AmericanExpress and J.P. Morgan ChaseJPM +0.39% .

“A bunch of the apps I downloaded sounded cool,” but he said but most don’t add “utility to my day-to-day life.”

App makers can have a difficult time breaking into a business dominated by incumbents.

Only 2% of the top 250 publishers in Apple’s App Store are “newcomers,” versus 3% in Google’s Play store for Android apps, according to research firm Distimo.

“The bar is so high to build something that is special and valuable and easy to use,” said Jake Mintz, co-founder Bump Technologies Inc., a four-year-old app that lets people share media across phones by touching them. To be more useful, the Mountain View, Calif., company has branched out to share media across laptops too, he said.

Others app makers are coping with the shifting landscape by being more selective about what they build and how they promote their apps.

Michael Bayle, senior vice president and general manager of mobile at Walt Disney Co.’s DIS +0.85% ESPN, said the company recently decommissioned 23 of its 30 Apple apps it had been maintaining, and kept alive its most popular ones.

ESPN dropped an app for Los Angeles sports but kept its popular ScoreCenter app that publishes scores, news and standings from sports leagues, teams and players world-wide.

“It’s easy to make an app but the real expense is in maintaining it,” Mr. Bayle said.

Some app companies are scrambling for new revenue streams and expanding beyond the current leading money pots: ads and in-app purchases.

When music-discovery app Shazam Entertainment Ltd, introduced its first cellphone app about seven years ago, its main revenue came from deals with mobile operators and licensing its audio-recognition technology.

Today it has five revenue streams, including selling ads in apps, a paid premium version of its app and charging television advertisers to integrate Shazam campaigns.

“We have seen revenue drivers change over the years,” said chief revenue officer Doug Garland, declining to comment on its results. “We are figuring out where the best opportunities are and doubling down.”

Write to Jessica E. Lessin at jessica.lessin@wsj.com and Spencer E. Ante at spencer.ante@wsj.com

A version of this article appeared March 4, 2013, on page B1 in the U.S. edition of The Wall Street Journal, with the headline: Apps Explode Into Industry Ready to Hit$25 Billion


Green Stadiums, High Tech

As green technology improves and cost decrease, we are seeing all types of commercial buildings “Go Green” including Professional Sports Stadiums and Arenas. Major sporting events in general consume massive amounts of energy. From lighting a stadium to waste generation, a professional game is an expensive undertaking.

In the last few years, sports venues have started to incorporate energy-efficient strategies and green design elements, such as more efficient lighting systems, composting and on-site power generation. These stadiums are already seeing great returns on their investments and saving lots of money on energy. What kind of savings could we generate if we combined all the energy-efficient and eco-friendly measures available into one ultimate green stadium?  

Check out the info-graph below for a quick update on the use of green technology in stadiums.

 

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