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Cloud Migration and Global Digitalization of Business Models

Author

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  • Vasile Mazilescu

    (Dunarea de Jos University of Galati, Romania)

Abstract

This paper analyzes and emphasizes the importance of cloud migration of global economic processes and activities. This is based on the digitization of business models as capabilities to increase collaboration with various partners, to generate competitive and cost advantages through vertical integration. All aspects of business models, such as new channels, delivery markets and revenue streams, relate to improving them. The global business environment is facing a digital and mobile transformation (using 5G), with more data and information available (big data), in real time or faster, and in more environments than ever (IoT). Consumers have integrated social networks and various other digital platforms into their interaction, many relying on them as their priority collaboration support. We are witnessing an innovative revolution through the development of digital business platforms. We consider it important that companies find in Public or Hybrid Cloud platforms new and interesting ideas for using the services, moving from Pay-as-you-go transactions to the new Pay-per-use models, depending on certain specific considerations.

Suggested Citation

  • Vasile Mazilescu, 2020. "Cloud Migration and Global Digitalization of Business Models," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 89-96.
    • Handle: RePEc:ddj:fseeai:y:2020:i:3:p:89-96
    DOI: https://doi.org/10.35219/eai15840409141
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    References listed on IDEAS

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    1. Benlian, Alexander & Hess, Thomas, 2011. "Opportunities and risks of Software-as-a-Service: Findings from a survey of IT executives," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 58025, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
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