Data-Driven Business Models for the Digital Economy: How Great Companies Run on Data

Authors : Kotorov, Rado

Publisher Business Expert Press
Publication 2020
Copyright Year 2020
ISBN 9781951527808
9781951527815
Page 152
Language English
Categories: , Tag:

Description

Today’s most valuable digital companies have no physical assets. Data-driven business models scale not through asset accumulation and product standardization, but through disaggregation of supply and demand to cater to the individual preferences of each consumer. The winners in the new economy master the demand for one and the supply to millions. Analytical craftsmanship at scale is replacing the traditional mass production and changing how markets and competition work.