Technology-based scalable business models: Dimensions and challenges of a new populist business model

Title

Technology-based scalable business models: Dimensions and challenges of a new populist business model

Creator

Soumya V.; Arumugam S.K.

Description

Technology based scalable businesses (TSB) have made a significant impact on our lives. The landscape change driven by TSBs has forced many well-established brick-and-mortar businesses to relook at their business models. Despite the influential strides made by TSBs in altering the business landscape the business literature on them is scant. This chapter is a modest attempt to examine TSBs. Scalable businesses could be broadly described as those that can achieve a disproportionate increase in sales/revenue/profits compared to the costs incurred, primarily aided by technology. Google and Uber are examples of how new industries get created and how existing industry landscapes get changed because of technology. Interlinking of technology has offered hitherto unexperienced growth opportunities to such companies. However, the uniqueness of these businesses leaves much to be desired from conventional metrics in adequately explaining the performance of technology-based scalable businesses. 2024, IGI Global. All rights reserved.

Source

Advancing Software Engineering Through AI, Federated Learning, and Large Language Models, pp. 238-248.

Date

2024-01-01

Publisher

IGI Global

Coverage

Soumya V., Christ University, Bengaluru, India; Arumugam S.K., Department of Professional Studies, Christ University, Bengaluru, India

Rights

Restricted Access

Relation

ISBN: 979-836933503-1; 979-836933502-4

Format

Online

Language

English

Type

Book chapter

Identifier

https://doi.org/10.4018/979-8-3693-3502-4.ch015

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85194994901&doi=10.4018%2f979-8-3693-3502-4.ch015&partnerID=40&md5=7460844da2f6120870a35acbb04f99d9