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There are several important ‘economic’ aspects of cloud computing that will affect the competition in the SaaS/PaaS (platform) market. Arguably, the two economic aspects that will have the most profound implications for the development of cloud computing are: – Changes in the strength of network effects – The organisational model that emerges, ie, whether cloud […]
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Big Data: Information Technology and Economics
In today’s economy, information technology (IT) has enabled firms to gather and share extremely detailed information from suppliers, consumers, partners as well as competitors. As a consequence “big data” has emerged as the next frontier for innovation, competition and productivity in a wide range of industries. There are numerous aspects of big data such as […]
Information systems in the economy and society
Along with the global transportation infrastructure, network-based information systems have been a factor in the growth of international business and corporations. A relationship between the deployment of information systems and higher productivity has been shown in a number of industries when these systems complement other corporate resources. Electronic commerce has moved many relationships and transactions […]
