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Here are major benefits of how platform technology with examples that will tell you, how assignment on these will improve your grades:
Promote innovation: With the help of platform technologies, you can expand your resources infinitely. With the help of a powerful platform, you comprehensively build an ecosystem of partners, developers, and users along with all other collaborators who in expanding innovation in your company.
For instance, take Apple with its tsunami of applications for iPhones and iPads, the company has generated billions of revenue. It has opened a gateway to the endless stream of inventors and innovators.
Quicker response time : All those companies who have adopted the platform technology they tend to move faster than those who still work on traditional counterparts.
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With the help of platform technologies, you can change your core products and services frequently.
Thus, it enables employees and organizations to adopt the change easily and quickly.
For instance, initially, Amazon was majorly into selling books. Later it dives deep and sells everything virtually.
In 2007 Amazon launched kindle, in 2010 Amazon came into book publishing to promote kindle reading, and in 2011 it came with Fire.
With the introduction of Fire, Amazon came with almost everything from shopping, reading and consuming media.
All these can happen because Amazon came with platform technology.
Reduction in risk : Prior to the platform technologies, companies used to deal in a single unit. Most of the time, companies face such situations where their market dries up.
In such a situation, companies faced many consequences.
Platforms encourage diversification and thus reduce risk.
For instance, imagine if Apple has remained the dealer of stylish and expensive computers and not expanding its dimension. There were chances that it would still struggle to establish in the market.
But as it is now dealing in music, telecommunications, media, commerce, entertainment, and education, the company has beautifully positioned itself in a manner that it can deal with any situation market throws its way.
Platform technologies assignment experts’ help you complete your assignment on risk reduction due to platform technology and guarantee you stellar grades.
Greater brand awareness : If you have an assignment to do on how platform technology to boost brand awareness then come to us.
Our experts are always ready to help you with all topics on the platform technology assignment.
One of the most beautiful examples of brand awareness due to platform technology is Facebook.
Initially started as a social media platform for college kids, the social networking site with continuous growth and innovation has expanded its offering including instant messaging, community gaming, groups, blogs, and many more.
With the help of platform technology an organization you can extend your brand.
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