A Peak Into The 6Ds Of Digital Economy
We live in an era where change is the need of the hour, where data is oil, and innovation is the engine that drives any industry. New technologies are coming up each day, making our lives more comfortable and everything accessible at the click of the button. They are bringing people closer to each other and resources available to the remotest parts of the world. All these innovations have led to the formation of an entirely new economy - the Digital Economy. What is the Digital Economy exactly? People often perceive it as businesses conducting through markets by the use of the internet and the World Wide Web. But this does not solely encompass the essence of the Digital Economy; there is much more to it. Popularly known as the New Economy, Web Economy, or Internet economy, the digital economy refers to the tech-based digital computing, with the mission to ensure transparency and accessibility to all. But Why is the Digital Economy significant? Why are the businesses investing a large part of their resources into researching and acquiring such technologies?
