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Discuss different industry use cases where data and digital platforms are core to business models e.g. Uber. Ideally, use cases will represent 3 different industries” What barriers do you see for...

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  • Discuss different industry use cases where data and digital platforms are core to business models e.g. Uber. Ideally, use cases will represent 3 different industries”

  • What barriers do you see for these business models, and how can you overcome these barriers?












250 words, American English

Answered Same Day Apr 13, 2023

Solution

Dipali answered on Apr 14 2023
23 Votes
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Discussion
    There are many industries where data and digital platforms are core to business models. Here are three examples:
· E-commerce: Businesses like Amazon and Alibaba use data and digital platforms to compile information about the interests, buying patterns, and behavior of their customers. They employ this information to cater recommendations, provide focused advertising, and enhance supply chain management.
· Healthcare: Healthcare practitioners are now able to collect and analyze enormous amounts of patient data because to the development of digital health platforms and wearable technology (Verhoef & Bijmolt, 2019). This data can be utilized to monitor chronic illnesses, enhance treatment approaches, and improve patient...
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