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The Impact of Cloud Systems on Enhancing Organizational Performance through Innovative Business Models in the Digitalization Era

Author

Listed:
  • Tohanean Dragoș

    (University of Economic Studies, Bucharest, Romania)

  • Toma Sorin-George

    (The University of Bucharest, Bucharest, Romania)

Abstract

Information technology has massively transformed the world of business over the past fifty years - first individual functional areas within companies (“first wave”), later increasingly also cross-divisional value-added processes and trade (“second wave”), advent of the internet and the World Wide Web marked a transformative shift in how information is accessed, shared, and distributed (“third wave”), mobile computing and smartphone (“fourth wave”) and cloud computing that has emerged as a paradigm for delivering computing resources and services over the internet on-demand, providing scalability, flexibility, and cost-effectiveness (“fifth wave”). This paper investigates the transformative impact of cloud systems on increasing organizational performance through innovative business models in the age of digitalization. By employing a mixed methods approach, the study integrates qualitative and quantitative techniques to provide a comprehensive understanding of the research phenomenon.

Suggested Citation

  • Tohanean Dragoș & Toma Sorin-George, 2024. "The Impact of Cloud Systems on Enhancing Organizational Performance through Innovative Business Models in the Digitalization Era," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 18(1), pages 3568-3577.
    • Handle: RePEc:vrs:poicbe:v:18:y:2024:i:1:p:3568-3577:n:1050
    DOI: 10.2478/picbe-2024-0289
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    References listed on IDEAS

    as
    1. Teece, David J., 2018. "Profiting from innovation in the digital economy: Enabling technologies, standards, and licensing models in the wireless world," Research Policy, Elsevier, vol. 47(8), pages 1367-1387.
    2. Henry Chesbrough & Richard S. Rosenbloom, 2002. "The role of the business model in capturing value from innovation: evidence from Xerox Corporation's technology spin-off companies," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 11(3), pages 529-555, June.
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