Digital Economy

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Digital Economy

The world as we know it is continually changing, and one of the fundamental drivers is digital transformation. At its core, digital transformation isn’t about Internet “unicorns.” It’s about using the latest technology to do what you already do – but better.

The digital economy is the economic activity that results from billions of everyday online connections among people, businesses, devices, data, and processes. The backbone of the digital economy is hyperconnectivity which means growing interconnectedness of people, organisations, and machines that results from the Internet, mobile technology and the internet of things (IoT).

The digital economy is taking shape and undermining conventional notions about how businesses are structured; how firms interact; and how consumers obtain services, information, and goods.

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