Understanding Network Economy: Transition from Industrial Economy to Networked Economy
The dramatic growth of Internet and World Wide Web is bringing a change in the way we live and work. The change of industrial economy to networked economy is a proof of this major transition. In the 21st Century, Industrial Economy has rapidly evolved to Networked Economy which is characterized by changing market conditions and methods of commerce and is built on computers, human knowledge and connectivity. In the industrial economy, human strength was leveraged with machines, whereas the network economy notices the leveraging of human knowledge with computers and connectivity for the production of goods and services. Networked Economy will affect the way goods and services are produced and distributed. Information technology components like computer and computer networks are the underlying infrastructure of a networked economy, which makes connectivity possible. Networked Economy has evolved as a better way of doing business in a way that humans can now better use their intellect and potential to explore efficient and innovative ways of carrying out business operations. Network Economy Services for your business can prove to be beneficial in a number of ways. Other Data Analytics services that we offer are also useful to keep you updated with innovative technologies and keep you at the top in the market.
Your Business and Network Economy
Network economy services will help your brand connect with your target audience, individually understand their needs and sentiments and use your resources in the right direction for high-end customer fulfillment to build loyal customer relationships.
Your Business Gains out of our Network Economy Services:
Ad2Brand's Network Economy services for organizations of all types will serve the use of computers and human knowledge for better connectivity to survive in the competitive world. Networked economy will help you bring about change at an accelerating speed which is the need of the hour to beat the ever growing competition. Networked Economy services help you to scan your business environment continually to find out innovative ways to serve your customers, adapt new business practices or upgrade your business to match current market trends and be ahead of competition.
All economies are built on the ultimate goal of satisfying your user requirements. Networked economy is a network of relationships between people, be it between firms and employers or customers. Networked Economy services can well handle all your business difficulties of low demand, inefficiency and innovation risks.
We also offer other services necessary for a business to remain in healthy competition and grow in the online marketplace.
WHAT OUR CUSTOMERS ASK US – FAQS ABOUT DATA ANALYSIS
Business Data Analytics is all about analyzing your business data and derive meaningful actions out of it. It is a scientific process to convert your raw business data into information that will then help you find the best decisions for your business.
Business Data Analytics helps you answer the following questions: What is happening in my business? Why is it happening? What are the strategies to solve it? Businesses are utilizing Data Analytics to take more specific decisions based on data insights. It allows a business to reveal opportunities which can be addressed only after using Analytics. Analytics helps organizations to solve patterns, trends and connections in data to clarify, anticipate and respond to a market phenomenon.
Not in any manner! All Contracts are designed on a monthly basis. There are no hidden charges for scrapping off. We are happy to share that we have never had a customer end their contract or change to another service provider since we've begun.
We do have pre-decided budgets and monthly plans, but at the same time, we also provide customized packages and our capacity to deal with all the budgets plans – Big or Small, distinguishes us from the rest of the agencies. Every customer's requirement is assessed separately based on his objectives, needs, and capacity. You get back what you put in, so in the event that you can't afford the cost, we'll share a piece of advice with you on possible alternatives.
Data analysis conducted by an expert data analytics consultancy can give you lots of meaningful insights for future roadmaps and business decision making, predictive analysis etc. You can make unbiased and wise decisions based on facts and problem identification. this is the reason business data analysis services are sought after by companies across all verticals.
Once you have gathered raw data and converted it into meaningful information, then comes the part of making use of that data to draw meaningful insights. This is where visualization comes into picture. It comprises of arranging data into dashboards, pivot tables and much more to make the data presentable and easy to read. It is very important to have data arranged in a way that enables you to make the right discoveries, operational patterns and trends to derive business decisions. Data visualization is very imp in your journey from data to insights.
Yes, Network Economy certainly helps in boosting economy due to many reasons like -
It enables common person to become an entrepreneur and start their own business with low cost of capital. It also breaks the old conventions of an organization like most senior people getting paid more etc. In networked economy, the person who is most productive earns the most no matter when he entered the business, thus improving the economy by motivating people. Also it is a great way to market products and services because it is beneficial to customers instead of charging them more for marketing expenses. The customers get rewarded for recommending their favorite products to people around them. Ad2Brand provides best network economy services in Pune.
Yes, context aware computing is a new technology still in its early stages but it is being fast adopted by many organizations because it helps you to connect better with customers. Most of mobile applications nowadays are context aware by default. Apple's Siri, Google's Now On Tap, Highlight App are few big innovations based on context aware computing. Big players like Nokia, Amazon, Microsoft, Google, Facebook, Apple are fast adopting this technology which clearly shows it's scope for business growth. Also context aware computing market is said to rise over $100 billion by 2018.
As they say, "customer experience is the next competitive battleground" nowdays, this is the reason why customer oriented approach is ruling the world. This is the reason it is of vital importance to understand your customers and their preferences and make efforts in that direction. Our consumer behavior metrics services will help you in winning more customers and excelling above your competitors.
All business have different and unique objectives and goals. So they have different target audience. It is important to know consumer behavior to achieve goals.
Virtual community & E-loyalty help in engaging customers and building customer loyalty.