Tutorial class 1 Read the text below and answer the questions below

E-business

Tutorial class 1

1. Read the text below and answer the questions below.

What is innovation?

What is a disruptive innovation?

What is digital transformation?

Explain the difference between digital transformation and digital business

2. How do you understand this definitions?

Customer-centric

Big Data

Internet of Things

unstructured data

cloud computing

3. Listen to the speech and what main points the speaker tries to make. How does he understand digital transformation and digital disruption.

Jo Caudron on Digital Transformation at Meet-IT 2015

https://www.youtube.com/watch?v=AbDZAmFaQoA

1)

1. What is innovation?

Innovation - the process of generating new ideas or approaching existing products, services, business models, and concepts in new ways in business.

Being open to creativity and willing to innovate upon existing processes is critical to adapting to the ever-changing demands of the market and often facilitates substantial opportunities for growth. Businesses that are resistant to change can quickly find themselves obsolete and struggling to maintain market share.

There are many types of innovation frameworks that businesses use to guide their efforts. Perhaps the most opportunistic theory of innovation is rooted in the concept of disruption.