Technology-led Business Model Innovation

Technology-led business model innovation refers to the transformation of how a business creates, delivers, and captures value by leveraging new technologies. Instead of just improving products or services, companies rethink their entire approach to the market, often using digital tools and platforms. For instance, a traditional retailer might adopt e-commerce to reach customers online, or a transportation company could use apps to streamline bookings. This innovation helps businesses stay competitive, meet changing customer needs, and often reduces costs or improves efficiency through advanced technologies. Ultimately, it's about reimagining business operations in a tech-driven world.