12 internet in businesses
Download as PPTX, PDF1 like325 views
The document discusses how technology and internet thinking are changing traditional industries like film/television, manufacturing, finance, and education. In film/television, data analysis is used to determine popular shows like House of Cards. Manufacturing is combining with services and using data from IoT to enable personalized, on-demand production. Finance uses internet and mobile technologies for payments and lending, with trends toward mobile payments and crowdfunding. Education is becoming more personalized and flexible through online courses, videos, and MOOCs, increasing access to education.
12 internet in businesses
- 2. Technology is changing our daily life, how about our traditional industries?
- 3. Changes in different domains Film and television Manufacturing Finance Education
- 4. Film and television Creative thinking replaced by Product thinking Project-driven replaced by Audience-driven. Subjective decisions replaced by big data inflows
- 5. Film and television The most popular series ‘House of Cards’ is not only the most clicked series on the internet, but also been nominated for 9 Emmy awards! But, you know what? This series is invested in by Netflix, and is only broadcast online! From director and actors chosen, to plot set, all based on analyzing users’ data of the site. Forbes said that, it may shake American traditional television industry, and a revolution would start from ‘house of cards’. By analyzing users’ age, education level, film habits, paying habits, and then producing the right film or series, will, no doubt be popular.
- 6. Manufacturing Electronic commerce has changed the logistics & capitals, reduced the Intermediate links, and reshaped the commercial chain. Thanks to internet of things, mobile internet and big data, it’s possible to realize real time collection & monitoring, which makes the exchange of money much rapid and makes the cooperation among companies more efficient. Pushing manufacturing combined with service industry. Companies can produce what the clients demand, which makes personalised products. Build own websites and logistics systems: Provides more channels for consumers to know and get their products.
- 7. Finance Internet finance – use internet and mobile communication technologies for financing, payments. Support : Data generating, data mining & data security. Cloud computing, behavior analysis and security technologies reduced both the risks and trading cost. Tendencies: a) Mobile payment replace traditional payment. In Kenya, mobile payment system M-Pesa’ Remittance business has overridden the total of other finance institutions. b) Easy Loan Request Processing c) Collective raising. Take kickstarter as an example, it is has been evaluated as the best innovation website by Times. And in April 2012, America passed an act called JOBS(Jumpstart Our Business Startup Act), which allows middle or small companies to raise money by this method.
- 8. Finance Online, the total mobile payments made was about 5 billion dollars in 2013 only through Paypal. With the support of Internet, payments are Made in shopping centers, metros, cinemas, etc
- 9. Education Traditionally, we cannot ensure that everyone gets educated. Personal education: learn what we need; according to students’ age, gender, background, hobbies, choosing the right method and context. Break the time and area limit. A big amount of internet users, and most of them are young people, have access to these online resources. Flexibility and conveniences, more cost effective. More beneficial for students who work full-time and have additional family responsibilities university High school Middle school Primary school
- 10. Education YouTube, joined with many of the most famous universities, creates many educational videos, so everyone can learn the courses from Harvard, MIT or Stanford. MOOCs: Massive Open Online Courses Online schools, over 7 million students are now taking classes online.
- 11. Conclusion