Just about every business within a market tries to refine their practice by applying technology. Some will come up with a new way to go about their business. Others will seek professionals to develop specific programs. A lot of the time, though, innovation comes from an outside source.
A team of devoted engineers will pull together a new solution that looks simple on the outside. Yet, it often proves to be wonderfully effective at streamlining key elements. In two of the biggest and most important industries around, here’s how some new companies have applied tech to make everything much more streamlined.
Cut the chain and take the process online
The housing markets are integral to the economy and a country’s economic outlet. Or, at the very least, they’re perceived to be in countries like the UK. The industry wants to see a steady stream of properties changing hands, people getting on the ladder, and estate agents securing sales. It all helps to keep prices rising and people housed.
However, one of the greatest backbreakers to the UK housing industry is the infamous chain. This chain breaking is the cause of so many house sales falling through. In fact, of all of the things that kill sales, the chain breaking is the cause of 24 percent of them.
Limited housing, partially due to the prevalence of landlords and second-home owners, means that a series of sales often needs to happen in succession. So, house A sells, letting them buy house B. Then, the house B owners can buy house C, and so on. It was an inevitable and unavoidable part of housing until recently.
Now, the process has been taken online and streamlined to compete with traditional estate agents. Instead, selling property can be done by accepting a free cash offer online. The process circumvents the need to sell to estate agents and pay their lofty commissions. It also means that you don’t carry a chain.
Avoiding long waits to get to specialists quickly
In many places, it’s a long wait to see your local doctor. If not, for people who need quick or regular help, making appointments and getting to the surgery can be a big hindrance. Queuing up with other people who are also ill and waiting for an appointment can be a hindrance as well.
So, to get in as is needed, the new dimension of telemedicine has risen to the fore. Obviously, this is more for precursor appointments and to dispel the worries of lesser issues. Still, the online doctor consultation market size is set to hit US$68.23 billion by 2033.
One place where this issue is being addressed is Canada. People can sign up and pay for Maple to get medical advice from professionals any time of day. In Nova Scotia, it’s a bit more refined and professional. Here, VirtualCareNS offers a convenient path to a doctor who can offer advice and prescribe medicines.
Whether it’s housing or medical care, savvy startups are finding a way to revolutionize the industry by making the process much simpler.