The Impact of Cloud Systems on Enhancing Organizational Performance through Innovative Business Models in the Digitalization Era

Tohanean Dragoș () and Toma Sorin-George ()
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Tohanean Dragoș: University of Economic Studies, Bucharest, Romania
Toma Sorin-George: The University of Bucharest, Bucharest, Romania

Proceedings of the International Conference on Business Excellence, 2024, vol. 18, issue 1, 3568-3577

Abstract: Information technology has massively transformed the world of business over the past fifty years - first individual functional areas within companies (“first wave”), later increasingly also cross-divisional value-added processes and trade (“second wave”), advent of the internet and the World Wide Web marked a transformative shift in how information is accessed, shared, and distributed (“third wave”), mobile computing and smartphone (“fourth wave”) and cloud computing that has emerged as a paradigm for delivering computing resources and services over the internet on-demand, providing scalability, flexibility, and cost-effectiveness (“fifth wave”). This paper investigates the transformative impact of cloud systems on increasing organizational performance through innovative business models in the age of digitalization. By employing a mixed methods approach, the study integrates qualitative and quantitative techniques to provide a comprehensive understanding of the research phenomenon.

Keywords: cloud technology; innovative business models; digitalization era (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:poicbe:v:18:y:2024:i:1:p:3568-3577:n:1050

DOI: 10.2478/picbe-2024-0289

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