Author:
Ana Hol
Affiliation:
Western Sydney University, Australia
Keyword(s):
eTransformation, Business Transformation, Context Specific Knowledge, Business Networks.
Related
Ontology
Subjects/Areas/Topics:
Business Models
;
Business-It Alignment
;
Cloud Computing
;
Collaboration and e-Services
;
Data Communication Networking
;
e-Business
;
Enterprise Engineering
;
Enterprise Information Systems
;
Model Driven Development
;
Platforms and Applications
;
Social Networks
;
Sustainable e-Business
;
Telecommunications
Abstract:
Businesses have been transforming for centuries. Each era of civilisation brought in new innovations and new technologies. Today we find ourselves surrounded by devices, services and applications that in some form utilise technology. Individuals, utilise it to be more productive, groups exchange and manipulate data using it and businesses run their day to day operations. Consequently, technology is been implemented to speed operations, be more reliable and crate new revenues. Based on the scenario analysis of five new businesses which utilise transformed renewed business model, this study investigates technology factors that drive new business models and identifies roles that current technological advancements play in shaping the new models. The study highlights that there is a direct relationship between open access technology platforms and current technology trends. Furthermore, this study identifies that for the new business model to be established definition of the specific domai
n problems and the importance of the access to the resource networks, such as the network of context specific knowledge, either experts, or the individuals with knowledge and skills who can provide timely context specific solutions and network of those who have interest in a the specific context domain are paramount for the model to succeed.
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