Mobile Business - The Emerging Trends

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The past couple of years have witnessed a rapid growth in wireless communications technology. The convergence of two core technologies - the Internet and mobile wireless communications has opened up a new range of possibilities for organizations to do mobile business. Mobile Business or M-Business involves using the Internet for voice and data transmission through wireless devices.M-Business has a potential to significantly enhance customers' experience by providing them the ability to interact and transact anytime and at anyplace.

Divided in five sections, this chapter provides insights on how the use of mobile technologies has drastically changed the way businesses operate and customers interact and transact.

The first section Mobile Business - An Introduction provides a broad overview of m-business and its transformational potential for both organizations and individuals. It details the benefits of mobilization and explains the significance of m-business and the emerging mobile trends. The second section Strategies for Mobile Business includes key m-business strategies, which must be implemented by any organization planning to do m-business. In addition, it discusses the strategic role of operators, content providers and other parties engaged in the mobile business value chain.

The third section Mobile Business Technologies provides detailed perspectives about the present and emerging technologies in mobile business and their benefits to various organizations. The section covers basic issues of technology from a strategic viewpoint. It also outlines a framework to enable organizations derive extra value by using mobile technologies. The fourth section Mobile Business - Issues and Challenges reveals current and emerging issues for mobile businesses and provides guidance to overcome them. The fifth section Mobile Business - Industry Applications provides real-life examples on the impact of m-business on various industries. It discusses in detail about applications on both consumer and corporate user segments. The section also details the emerging drivers of value, new organizational models and the future of m-business.

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