THE DIGITAL TSUNAMI: HOW TECHNOLOGY IS RESHAPING TRADITIONAL BUSINESS MODELS
Journal: International Education and Research Journal (Vol.10, No. 5)Publication Date: 2024-05-15
Authors : Sandip Parmar;
Page : 137-139
Keywords : Traditional Business Models; Technological Innovation; Transformation; Digital Landscape; Modern Business Models;
Abstract
Traditional models, once monolithic and seemingly unshakeable, are now buffeted by the relentless waves of technological innovation. The impact is undeniable, sweeping across industries and forcing a seismic shift in how we create, deliver, and capture value. By understanding the impact of these technologies, businesses can identify opportunities to innovate, improve efficiency, and create new value propositions for their customers. By understanding the transformative power of technology, adapting their models, and investing in the right skills and strategies, businesses can not only survive but thrive in the exciting, challenging, and ever-evolving digital landscape.
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Last modified: 2024-09-16 20:03:59