Define “business model” with 2 Definitions
“A business model describes the rationale of how an organization creates, delivers, and captures value.”
“A business model is digital if changes in digital technologies trigger fundamental changes in the way business is carried out and revenues are generated.”
Name the stages of the web
Pre-web
Web 1.0 (You can use the webshop instead of the shop if you want)
Web 2.0 and Internet of Things (The community adds futher value
How can companies use data to generate value?
Cost reduction through improved data quality
“Content is king”
Pure content providers
Informationalization of existing products and services
Infomediation
Data-driven innovation
Holistic data-driven strategy (exploid data opportunites e.g. Amazon use data form others to improve)
Name the Mechanisms for rapid scaling of Digital business models
Threats to existing business models through digital startups: The case of Fintechs -> name some facts
Last changed8 months ago
