Cloud Migration and Global Digitalization of Business Models

Vasile Mazilescu
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Vasile Mazilescu: Dunarea de Jos University of Galati, Romania

Economics and Applied Informatics, 2020, issue 3, 89-96

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.

Keywords: Cloud Computing (CC); Business Models; Digital Platform; Public/Hybrid Cloud (PHC) (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2020:i:3:p:89-96

DOI: 10.35219/eai15840409141

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