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Showing posts with the label Digital platforms

From Products to Platforms: Building a Sustainable Business Model

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  Digital platforms are the foundation of some of the world's most valuable corporations, including Amazon, Facebook, and Google. According to 2017 MIT Sloan research, 60% to 70% of unicorns were platform businesses. What distinguishes platform-based enterprises and makes them successful in a competitive environment? They provide distinct value by establishing a comprehensive ecosystem through which businesses may serve their customers. The platform is transformed into a critical enabler of business objectives. Amazon has evolved from an e-commerce site to a platform where third-party vendors can sell a variety of things. It has evolved into a critical enabler of digital commerce strategy for enterprises of all sizes. Facebook has gone beyond its identity of a social networking platform. It provides APIs and tools to third-party developers, allowing them to create apps that connect with Facebook's fundamental marketing, advertising, and support services. It has evolved into an ...

Cybersecurity in a Post Pandemic Business Ecosystem - Part 2

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  In the initial part of our " Cybersecurity in Post-Pandemic Business Ecosystem " blog series, we examined the significant changes in business operations over the past couple of years. In continuation of the series, we will now delve into the landscape of cybersecurity challenges that have hampered seamless business operations.   C ybersecurity in a Post-Pandemic Business Ecosystem - Part 1   Since 2020, the cybersecurity sector has observed various attack methods that take advantage of the strain on digital platforms caused by the pandemic. However, these malicious activities are often disguised and hard to detect.   The Impact of the Pandemic on Cybersecurity As the cyber security community becomes more conscious of the various tactics employed by hackers, such as mirroring applications, misusing data, and identity theft, they encounter several hurdles that are a direct result of the pandemic.   Increased Load on Device Monitoring and Management The quick tr...