Why have mobile devices given consumers power in marketplace

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Reference no: EM131356872

Discussion

The world is changing around us, and Information and Communication Technologies (ICT) are driving a significant part of this metamorphosis. Mobile devices have taken the market and enable a permanent connection anytime, anywhere. The percentage of the population connected to the Internet continues to grow rapidly. The integration of digital technologies to companies and organizations across the country will have an impact on productivity, growth and profitability. The right combination of the various elements of a business with the new digital technology allows the generation of value by replacing physical resources for digital resources, making decisions in real time, a more extensive and accurate information leverage, and the use of flexible and easily scalable platforms. This gives companies great opportunities to increase efficiency and agility within their industries.

Discussion Questions

1. Why have mobile devices given consumers more power in the marketplace?

2. Discuss the digital business model?

3. Explain the Internet of Things (IoT). What is a potential impact of the Internet of things on the health-care industry?

4. Why are enterprises adopting cloud computing?

5. Discuss the relationships in the SoMoClo model.

Reference no: EM131356872

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