Evolving Business Models
Evolving Business Models
As there are many Hi-tech companies that wish to bring huge returns to their stakeholders, the main goal would be to find the most successful firms, and research how they managed to adapt the change and predict which business models are the most likely to be successful in near future. Thus, the research will be based on comparative study of present and future market players. For this work I?ll use the hypothesis and list of questions in order to prove or disprove it. The hypothesis should be
?Why IT companies started to shift from traditional business models like manufacturing hardware to developing software, providing cloud services and solutions??
In order to answer, the secondary research questions to be asked are:
– What are the pros and cons of traditional business models?
– What are the pros and cons of new business models?
– What is the role of business model & strategy for companies? success?
– How would this change impact growth of the company?
– Why hardware business is largely losing its profit margin compared to software, cloud services and solutions?
– How some Hi-tech companies were able to generate higher returns to their shareholders through expanding their focus?
– How evolving business models have created sustainable advantage for the innovators?
This research will identify today?s nostrum that revolutionary companies adapt to succeed such as being first to understand and act upon a new technology, regulatory shift, or other significant discontinuity.
These are just essential questions. Many other research questions will be asked during this project research in order to fulfil and make it better. However, this list should stand for the central part of my work and good jump off point for my future work.
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