Information technology transformation has crafted the new term “Digital Business” to the world. But what is digital business? Is it different from E-commerce or digital marketing. Let’s try understand it with examples.
What is Digital Business?
Information Technology transformation is happening everywhere.
Information technology and digitization have created new opportunities for startups. It creates opportunities for existing businesses as well.
It has started changing the way businesses do their internal as well as external operations.
Now, companies have started using digital technology to transform their businesses.
Digital Business combines technology, people and things that disrupts existing business models.
It has started impacting virtually all business functions and industries.
In this, digital or information technology becomes a core part of the businesses.
The Etymology of the term
Origin and meaning of the word “Digital“
Let’s try to understand the origin and etymology of this term.
The word digit is derived from Latin word Digitus or Digitalis.
- Digital=Digitus, Digitalis, Digit+al
- Meaning of word digit: Pertaining to finger or toe, numeral below 10
Origin and meaning of the word “Business“
The word Business is derived from Bisignis or Busy Ness.
- Business: Bisignis or Busy + Ness
- Meaning of word Busy Ness: The state of being busy or state of being much occupied or engaged
Digital Business Examples from India
Below said are the examples of E-business organizations in India.
You may also like to READ