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Growth of M-commerce
Mobile commerce (M-commerce) has moved beyond being a potential market disruptor to a powerful reality in the business landscape. With the increasing adoption of smartphones and wearable devices for transactions, M-commerce is reshaping how businesses operate ...
Digital Transformation
Digital transformation is the process by which companies embed technologies across their businesses to drive fundamental change. It involves an organization to adapt and implement digital technology and innovate its products, services, and operations. This sh...
Overview of Emerging Technologies
Emerging technology is a terminology that is typically used to describe a new technology, but it can also refer to the ongoing evolution of an existing technology. When used in different contexts, such as in the media, business, science, or educational domains...
Data to Analytics to AI
Emerging technologies represent the forefront of innovation and development in the digital age, impacting various sectors such as media, business, science, and education differently. These technologies, which are either in the development phase or expected to ...
Connected Clouds
Cloud computing and cloud-connected technologies are fundamental components of modern digital infrastructure, enabling businesses and consumers alike to leverage scalable, efficient, and innovative services. Here’s an overview of both: Cloud Computing Cloud c...
Augmented Reality
Virtual Reality (VR) Definition: A computer-generated representation of another universe or reality, often experienced through 3D movies, virtual tours, and video games. Usage: Beyond gaming and entertainment, VR is applied in training, education, and scien...
Internet of Things (IoT)
The networking of physical items with electronics integrated into their structure in order to perceive and communicate with one another and the outside world is known as the Internet of Things (IoT). Internet of things , is a system of interrelated computin...
Big Data and Industry 4.0
Industry 4.0 represents the fusion of the physical and digital worlds, marking a significant digital revolution characterized by the use of Big Data and Artificial Intelligence (AI) to foster autonomous learning systems. This evolution has redefined manufactur...
Future Technologies
The landscape of technology is rapidly evolving, introducing innovations that promise to transform industries and societies worldwide. Here's a closer look at some of the most impactful emerging technologies. 1. Artificial Intelligence (AI) AI is revolutionizi...
E-Commerce Today
E-commerce, short for electronic commerce, involves the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These transactions occur in various forms, including business-to-busines...
New E-commerce (SMAC)
SMAC—standing for Social, Mobile, Analytics, and Cloud—is a powerful framework that combines four critical technological domains influencing modern business strategies, particularly in e-commerce and digital enterprises. Each component of SMAC offers unique be...
Key Concepts in E-Commerce
E-commerce, or electronic commerce, involves buying and selling goods or services using the internet, and the transfer of money and data to execute these transactions. Below are some essential concepts associated with e-commerce. 1. Online Marketplaces Online ...
Ecommerce Types and Business Models
E-commerce has diversified into several types, based on the nature of transactions and relationships between participants. Below, we explore the primary business models within e-commerce: Business to Consumer (B2C), Consumer to Consumer (C2C), Business to Busi...
Revenue Model
1. Advertising Model Platforms such as Google AdWords and Facebook generate revenue by hosting advertisements, charging based on traffic and visibility. 2. Subscription Model Companies like Netflix and Amazon Prime charge users a recurring fee for access to th...
Social E-commerce
Social e-commerce transforms traditional shopping by embedding the purchasing process directly into social media experiences. Platforms like Instagram and Facebook allow users to shop without leaving the app, facilitating a seamless transition from product dis...
E-Payment Systems
E-payment systems are essential for conducting transactions in the digital marketplace. Below is an overview of the most commonly used e-payment methods, each offering unique benefits for different purchasing scenarios. 1. Credit Card Credit cards are one of t...
Introduction to E-Business
E-business, or electronic business, is an expansive concept that encompasses all aspects of using online technology to conduct business processes. These processes can include buying and selling goods and services, providing customer support, and collaborating ...
Cross Functional Enterprise Applications
Cross-Functional Enterprise Applications and Architecture refer to comprehensive IT frameworks that integrate various business processes across multiple departments within an organization. Unlike traditional systems that often operate in silos, cross-functiona...
IT in Business
Information Technology (IT) has become the backbone of modern business operations, revolutionizing how companies operate, interact, and innovate. In today's fast-paced and increasingly digital marketplace, IT enables businesses to leverage data, automate proce...
Marketing Systems
Marketing is a critical business function involved in the promotion, pricing, and sales of products. It also plays a crucial role in developing new products and markets to attract and engage customers. This document outlines the integration of information tech...