The digital economy is set to carry more weight in the future, as the “Internet of Things”,artificial intelligence(AI), virtual reality,blockchain, self-driving cars, and other technology develop. Some advantages it offers are: Information.Consumers have more information — not just from manufa...
In discussing the New (Digital) Economy, it is necessary to distinguish between information and knowledge. Information may be defined as a collection of data, whereas knowledge can be defined as a structure (theory or hypothesis) that makes it possible to organize and interpret information. Thus,...
The digital economy works in a similar way to the traditional economy, but it has some key differences. Now business operations have also changed, there are new business models and innovative products and services. The traditional way of doing business is dependent on word-of-mouth referrals and...
IfyouareplanningaEuropeantripthat?saffordableandalittlebitoffthebeatenpath,Romaniais perfect for you.Unlike other popular places,manycharmingtowns hereremain unknowntomostforeigners.Youcanalsotakefree walkingtoursinthenumeroushistoricalsites. Hostelsrun $10—$15pernight,foodishearty anddelicious,andthepublict...
Learn how decoy pricing works and how you can use it to your advantage to improve sales for your brand. What is decoy pricing? Decoy pricing is when a business presents customers with several different prices in an effort to steer them to a particular product or se...
Digital initiatives: The cloud creates a more efficient development cycle thanks to the availability of capacity on demand. For both software and microservice releases, developers can focus on the application rather than resource usage, storage space, or compute capabilities. All of this leads to fa...
Ecommerce is the business of buying and selling goods and services over the internet. Ecommerce customers can make purchases from their computers as well as other touchpoints including smartphones, smartwatches, and digital assistants such as Amazon’s E
1. Cloud economics helps you identify the economic benefits of the cloud A thorough cloud economics analysis helps make a business case formigrating from on-premises infrastructure to the cloud. See, it’s tempting to hop onto the digital transformation bandwagon because it is “the new normal”...
A growing body of evidence suggests that online reading may be less engaging and less satisfying, even for the M digital natives" to whom it is so familiar. Last month, for example, Britain's National Literacy Trust released the results of a study of 34,910 young people aged 8 to 16. ...
1.Digital Marketing Digital marketing is the use of online channels and platforms, like social media, email, and search engines, to promote and sell products or services. The main parts of it are: Search Engine Optimization Abbreviated as “SEO,” this is the process of optimizing content on...