Data Driven Business Models for the Digital Economy is popular PDF and ePub book, written by Rado Kotorov in 2020-04-21, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Data Driven Business Models for the Digital Economy can be Read Online from any device for your convenience.
Data Driven Business Models for the Digital Economy Book PDF Summary
Today the fastest growing companies have no physical assets. Instead, they create innovative digital products and new data-driven business models. They capture huge market share fast and their capitalizations skyrocket. The success of these digital giants is pushing all companies to rethink their business models and to start digitizing their products and services. Whether you are a new start-up building a digital product or service, or an employee of an established company that is transitioning to digital, you need to consider how digitization has transformed every aspect of management. Data-driven business models scale not through asset accumulation and product standardization, but through disaggregation of supply and demand. The winners in the new economy master the demand for one and the supply to millions. Throughout the book the author illustrates with examples and use cases how the market competition has changed and how companies adept to the new rules of the game. The economic levers of scale and scope are also different in the digital economy and companies have to learn new tactics how to achieve and sustain their competitive advantage. While data is at the core of all digital business models, the monetization strategies vary across products, services and business models. Our Monetization Matrix is a model that helps managers, marketers, sales professionals, and technical product designers to align the digital product design with the data-driven business model.
Detail Book of Data Driven Business Models for the Digital Economy PDF
- Author : Rado Kotorov
- Release : 21 April 2020
- Publisher : Business Expert Press
- ISBN : 9781951527815
- Genre : Business & Economics
- Total Page : 161 pages
- Language : English
- PDF File Size : 14,9 Mb
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