Tag Archives: e-commerce

06 Nov' 15
digital economy

Digital Economy – Present & the Future

Don Tapscott, a Canadian author and business executive, was the first to coin the term ‘Digital Economy’ in 1995 with the release of his best-selling book, ‘The Digital Economy: Promise and Peril in the Age of Networked Intelligence’. From the introduction of desktop university by Sun Microsystems to emergence of e-connected purchasing systems by Wal-Mart, Tapscott went on to cite various examples to explain the concept of Digital Economy – a computerized economy that turns simplification and hyper-connectivity into synonymous terms. Simply put, it is a structural shift from the traditional industrial economy towards a convergence of information, communication and computing.In today’s world, digital economy is no lon

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03 Sep' 15
realtime financing

Real Time Financing – A Game Changer

According to a research report by consulting major PricewaterhouseCoopers (PWC), a business model dependent on and favoring digital ecosystems, sharing economy will rake up revenues up to 335 billion dollars by 2025. Well, going by the behavior of today’s consumers, especially the millennial generation (people in 18-34 years age-group) that are increasingly embracing peer-to-peer (P2P) services such as Uber and Airbnb, we can certainly say that a paradigm shift has occurred in the financial sector – Bye bye brand monopoly, sharing economy is here to stay. With predictions of sharing economy and P2P services soaring high in the coming years, venture capitalists are pouring investments into innovative fintech solutions to facilitat

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