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Digital Business Model Class Test 01 by Shaktikeshar Tiwari

Digital class

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0% found this document useful (0 votes)
46 views22 pages

Digital Business Model Class Test 01 by Shaktikeshar Tiwari

Digital class

Uploaded by

vidhantmaanthapa
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Name: Shaktikeshax Tiwasi Batch: 85 Sap Ia:- 500096446 Roll wo; 82142211135 Cousde: Btech CSE AInL Chass Test: O1 How fas the digital business landscape Tndia oven the past decade, and what axe exd Of this txané}Oumastion? ess landécape in India had #, Govesmment Initiatives: Programs like Digital India have played a significant wole in promoting a digital- Fixdt apprOach. This included initiatives fox byOadband cOnnectivity, e-govermance, and the push towasds a cashless economy, i, E-commerce 800m: The xibe Of e-commence gianté like lipkast and AmazOn had veshaped vetail, obfering ens cOnVenience and a vast aynay OF choices. ation: The digitalization of financial n Catalyzed by tintech staxtwupé, This evolution fas not only impacted sudan aneas but had also reached sural India, bringing economic Opportunities and byidging gaps in access 40 senviced, Challenges and Flittixe Txendé: Mile the digital landscape fas seen tnemendous growth, challenges such ad digital literacy, ecUunity COncermé, and negitlatosy complexities AL wie move fOuwasd, emerging technologies intelligence, blockchain, and the Intesmet @ expected 40 play a pivotal sole in Of digital business models in policies play in é modelé in sole in 4ociety and knowledge economy. It encompasies vasious initiatives, including: i, ByOadband Connectivity: The ational Optical Fibex Netwouk and Bhasatvet projects aim 0 provide byOadband cOnnecti 40 vuinal aneas, bridging the digital divide. EE Ragnar The push towards e-; eemene ly oper efficiency and PE ey. ys Programs like Pradhan Mans Kéhasta Abhiyan FOCUS On impascting ending Widespread pasiticipation 4, Support fox Stantwupé: TO pxOmote entueprenetinship, the govermment has Jatinched schemes such as Startiup India, providing financial Support, tax benefits, and a conducive negulatory enVixOnment $Ox startups, Challenges and Opportunities: Andwesi- The digitalization OF tuaditional mdistsies in Tndia siepredsents a pasadigm shift, presenting both challenges and Oppontimities. Ab the countsy embsaced Tnduustyy 4.0, traditional sectors such ad mantibactlsing, agviciltixe, and healthcare axe Aindexgoing tyandf$oumative changes. Non Of IoT and Alstomation: hactuusing, the integsation OF the Intesmet Sand alitomation fas led to incueased cOsts, and improved pyodict ane becoming the novim, with dsiving decision-making diagnostics. Digital health siecords and data analytics axe impxOving patient cane and healthcane management. 4. Challenges and Opportunities: Howeve, challenges pensist. The digital divide, skill gaps, and wedistance to change axe fhiuidles that is still e in digital the full potential Sirestion 4: Can yOlr identiby dome successful digital Staxtiups in India, and what factoxs contsibute to their Sirccess in the cOmpetitive masket? Anéwesi- 1. Flipkast: Founded in 2007 by Sachin Sandal and Binny Banal, Flipkaxt sevolutionized e-commesce in India, 14s Success fies m providing a wide nange Of products, Hobs logistics, and innovative 4olustions like cash-on- ivesy. The acauisition by Walmaxt in 2018 pisthes d its pOsition in the masket. lity £0 changing 4, *omato; Founded in 2008 by Deepinden Goyal and Pankaj Chaddah, *Omato had evolved fxOm a xedtatsant discovery platyoum t0 a global food delivery giant. Stuategic acauisitions and a 1Uéex-fyiendly intespace | COntyiblited +0 its Success in the cOmpetitive $ood- butting to Success: successful Stastitps Often intxOduce Andwesi- The vise OF e-commerce platforms in India fad Significantly impacted tuaditional xetail bisinedées, presenting both challenges and opportunities. 1, Challenges: i, COmpetition: E-commesce giants Offer a vast selection and convenience, challenging byick-and-mortax vetailer, i, Price Wasd: Online plattoums often engage in price Jans, appecting the prOpit margins OF tsaditional i, Customer Engagement: Building dtxOng cidtomex relationships posters loyalty. ii, Technology Adoption: Implementing digital tools tox InVentOry management and clustomer engagement improves efficiency. 4, Futuse Trends, Omnichannel Integuation: The pitisxe lied in Sly integuating Online and ottline channels. AdOptiOn: Advanced technologies like Ak ShOpping experiences will become 1, Digital Payments: i, Convenience: Digital payments often Users ao cOnvenient and efficient way t0 tuandact, vedtscing dependence On cash. i, Inclusion: Digital payment solutions fave played a sole in financial inchision, xeaching previously Aundessesved popiilationd, fi, Government Initiatives: Proguamé like VPI and ein wave Catalyzed the adoption Oo} digital payments. 4iOn: Fintech stastiips ane dyiving innovation indusance, and wealth 4. Challenges and Opportunities: i, Sectusity Concesmés: The incneasing xeliance on digital Anandactions siaises cOncesms about cybexsectisity and paid, i Financial Literacy: Promoting financial litenacy is cxlicial 40 endiusing date and xedpOndible se OF tintech senvices, ii, Opportunities: Fintech presents Opportunities fOr Financial inchission, economic growth, and improved Vsiliaing AL fox es and isk management. 1. Social Media Vsage: i Brand Presence: Establishing a StxOng presence on plattoums like Facebook, Indtagnam, Twitter, and linkedIn enhanced byand visibility, i, Customer Engagement: Social media provides a dinect Channel fOr birsinesses 40 engage with thein audience, gathes feedback, and addyedss queried, i, Thpluencer masiketing: Collaboxating with mtlizencess allows biidinedsed 40 tap mto theix Cxeating valuable and sielevant $ edtadlish authority in thein Styategies can help beak thyough the noise. i, Algonithm Changes: Social media algosittims conétantly evolve, attecting Ovganic xeach. Solution: Divesisitication acx0ss platyoums and adapting 40 algovithm changes proactively, A. Data Analytics and Personalization: i DataDwiven Insights: Brsinedses leverage analytics to Amdexdtand consumer behavion and tailox marketing ges. endOnalization: Targeted and personalized campaigns in India fas made ion and skill fi, E-commesice Plattoxmé: Companies like Flipkast, Amazon, and Others have generated employment OppOsittunities in logistics, cirstomen s4uppOst, and technology. 2. Skill Development Initiatives; i Govermment Programs: Skill India and selated initiatives $OcUs On enhancing the employarility of the woukpouce. Conponate Training Programs: Many bidinedses invest im tuaining programs +0 Upéskill employees tox the 5. Challenges and Solutions: i Skill mismatch: Rapid technological advancements lead 40 a mismatch between xeatined and available skills. Solution: Continuous leasing and Lupdkilling programs axe essential 40 bsidge the gap. i Tnchiusivity: Ending that the benefits of digitalization seach all sections Of s0ciety ib a challenge. Solution: Tnitiatives like digital fitenacy programs and accessible Online edtscation can promote inclusivity, 6, Fiutine Outlook: i, Emeniging Technologies: The integration OF emesging technologies like AT, blockchain, and IoT will cuneate new job soles. g EcOnOmy: The gig ecOnOmy is expected 40 gxow, Hlexible wowk avsangements. 2 1. Cybexsectusiity Challenges: i, Cybex Thoeats: The evolving natune oF cydex thyeats including xandomwase and phishing attacks, poses a COnédtant sisk, i Skill Shontage: The shontage oF skilled cyberdeclisiity prOpedsionals hampers the ability to effectively coimten thoeats, i, Legacy Systems: Many bisinedsed Still Opexate On racy Challenges: Ompliance: Adhexing 40 data protection i, Employee Txaining: Cybexdectsity awaneness programs trelp employees ecognize and wespOnd £0 potential thoeats. fi, Data Encryption: Encoypting denéitive data dissing Ayandmission and stonage entrances protection. Collaboxation and Information Shasing: d Collaboxation: Stasing theat intelligence Stoies helps birsinesses collectively addness challenges. Pastnenships, Collaborative Anédwesi- The influence of emexging technologies buch a8 avtipicial intelligence, blockcham, and the Intesmet OF Things On the futune Of digital bussiness models in India i pxOfOlnd and txanspOxmative. 1, Axtipicial Intelligence: ation; AT-dxiven automation enhances eppiciency and seduces human intenvention tasks, : AL algovithms enable pestonalized though data analysis and anté, Al-powexed it and engagement. 3. Intesmet of Things: i, Connected Devices: IoT connects devices and enables data exchange, leading 40 impxoved decision-making. fi Smast Cities; TOT contsibutes to the development OF smank cities thyoligh the integration of technology in twidan infradtsuctixe fi, Indirdstoial IoT: In indirdtuiies, IIoT entrances though veal-time monitoring and predictive OF Emerging Technologies: convesgence Of AT, blockchain, and enabling moxe advanced and fineds models. enhances the seclunity peng be addyesied thyough edtication and tyaining parOgxams, fi, OppOrtimities 40x Innovation: The mtegration of emesging technologies Opens new avenues for innovation, creating COmpetitive advantages fOr birdinedsed, 6, Indtsdtay-Specitic Impacts i, Healthcaxe: AT and IoT contsibute to telemedicine, ictive diagnostics, and peséonalized tueatment Chain: Blockchain enfiances tuandpanency and in éupply chain management, seducing Book:

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