• Title/Summary/Keyword: e - Business Model

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The development model of PT Visionet Internasional (OVO) in Indonesia

  • Yuhang Xia;Yuming Liu;Myeongcheol Choi;Chuijie Meng;Haanearl Kim
    • International Journal of Advanced Culture Technology
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    • v.11 no.2
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    • pp.125-131
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    • 2023
  • OVO is a digital platform that provides simple payments and smart financial services, as well as one of the largest digital payment platforms in Indonesia. It has wide coverage and security when making payments, and supports multiple settlement currencies. The purpose of this study is to explore the history, business model, and future strategic direction of OVO, an Indonesian e-wallet. To date, OVO has built its own mobile payment ecosystem covering a wide range of consumer scenarios including e-commerce, travel, offline shopping and finance. And it supports mobile banking, online banking, debit cards or selected partner merchants. Its three largest transaction categories are in the transportation, retail and e-commerce sectors. With over 110 million consumers and 1.3 million merchant users, it is one of the dominant e-wallets in Indonesian market and has become the country's e-payment market leader. OVO eWallet's 'One Card' model offers convenience and choice for users, thus contributing to the rapid growth of OVO eWallet. And OVO eWallet competes fiercely with other competitors, but OVO eWallet continues to grow in terms of the number of users and market share. Finally, this study analyzes the strategic goals and plans of OVO eWallet, predicts its future direction. OVO eWallet has a huge success, but there are still competition and challenges to face.

A Strategic Analysis of B2B e-Commerce : The Economic Impact of e-Marketplace Adoption

  • Sohn, Young-Woo;Whang, Kyu-Seung
    • Proceedings of the Korea Society of Information Technology Applications Conference
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    • 2005.11a
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    • pp.305-310
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    • 2005
  • Recently, many organizations in various industries have introduced e-businesses for the purpose of adding value to their businesses. However, due to no comparable business models to e-business in the past, there are no reliable yardsticks to predict the performance of an e-business. This paper considers an environmental change analysis as a means to resolve this difficulty. System Dynamics (SD) could be a useful tool to generate effective results by examining the e-business model. SD model is developed to analyze the effects of an e-sales channel which was appended to the existing sales channels in the steel manufacturing industry. The results show an increase in average price and sales volume through the use of an auction process on the e-marketplace. Stocking expenses are reduced as well by the increase of the sales turnover. A possible scenario was adopted to the developed simulation model and investigated strategic issues to draw desirable strategies with market changes.

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A study on the strategic methodologies of e-transformation (e-transformation의 전략수립 방법론에 관한 연구)

  • Cho Hyun-Dal
    • Management & Information Systems Review
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    • v.15
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    • pp.223-244
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    • 2004
  • E-business is one of business innovations to get competitive advantage over other competing companies by utilizing information technology which can make to enhance the efficiencies and effectiveness through connecting one or several value activities. E-transformation is the process of business innovation to trans brick and motor companies to brick and click companies to accomodate e-business environments by means of digitalizing business strategy, business system, business process, and company cultures. In this results, the company can develop entirely new value chain of business and render enhanced services to customers. In this paper, I will represent several e-transformation evaluation models which are used to realize e-transformation(trans from brick and motor companies to brick and click companies). Also, I propose the strategic thrust model, which is composed of strategic targets (customer, suppliers, partners) and strategic tools(technology innovation, integration). This model is differentiated with evaluation models in that it can capture the rapidly changing business environments, especially strategic targets(customers, suppliers, partners).

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A Study on a Methodology for Selecting e-Business Domains (e-Business 도입영역 선정 방안에 관한 연구)

  • 박종식;임춘성;신기태
    • Proceedings of the CALSEC Conference
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    • 2002.01a
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    • pp.155-174
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    • 2002
  • e-Business is considered as a essential factor for sustaining competitive advantage and then enterprises increase investment in e-Business infrastructure and establish e-Business strategy. But there is not a methodology supporting e-Business strategy and then enterprises that are planning to introduction of e-Business have difficulty in creating vision and executable plan. Therefore this paper has a objective to offer a method for selecting e-Business domains among business activities. To do this, evaluation framework and evaluation criteria are developed for each business activities and model that supports deciding investment priority is constructed.

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Implementation and Evaluation of the Registry Model for Systematically Referencing Standards in e-Business Field (전자거래 분야에서의 체계적인 표준 참조를 위한 레지스트리 모델 구현 및 평가)

  • Hwang, In-Tak;Jeong, Dong-Won
    • Journal of Information Technology Services
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    • v.10 no.3
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    • pp.95-112
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    • 2011
  • This paper proposes a new registry model for systematically referencing standards in e-Business field. We have many systems that provide standards and additional information. However, there are several problems such as inefficient standard information, dependency on a standard type, high standard information acquisition cost, no relations between standard information, and so on. In this paper, a new registry model and its prototype implementation are described. The proposed model is defined based on ISO/IEC 11179-Metadata registries, which is one of the international standards for interoperability between data. The proposed model provides an integrated- systematic standard information support, and also considers technology stack and business processes for e-Business systems. This paper develops a prototype for the proposed model and implementation result. Finally, to show the contribution of our proposal, this paper shows the comparative evaluation between previous systems and our proposal with various comparative items.

An Empirical Study on e-Business Competence and Export Performance of the Small and Medium Sized Firms (중소기업의 e-비즈니스 역량 및 수출성과에 관한 연구)

  • Hwang, Kyung-Yun
    • International Commerce and Information Review
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    • v.12 no.3
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    • pp.311-332
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    • 2010
  • This study investigate the effects of environmental and organizational characteristics on e-business competence and the influence of e-business competence on export performance in the small and medium sized firms. The development of the research model is based on the literature of e-business and the empirical studies of information technology competence. The data from the survey was analyzed using Partial Least Squares(PLS). The results from the empirical model suggest that e-business competence is affected by environmental uncertainty and market diversity as well as top management support and learning orientation. And, export performance is enhanced by e-business competence.

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A Study on Complexity Theory of e-Business Domain - A Focused on Strategic Alliance Modeling Using Social Network - (e비즈니스 분야에서의 복잡계론 접목에 관한 연구 -사회연결망을 활용한 전략적 제휴모형을 중심으로-)

  • Park, Ki-Nam;Lee, Moon-Noh
    • The Journal of Information Systems
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    • v.18 no.3
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    • pp.47-70
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    • 2009
  • Social network is one of the representative analytical method of the complexity theory and this research analyzed various and unique strategic alliance model of e-business domain using social network technique. A lot of small and medium firms of e-business field had developed many useful type of strategic alliances for the firms tried to maximize the effect of advertisement, marketing and to make up for their weak points and to compete with huge company with capital strength long before. But it is too rare to analyze the structure of the firm networks and to study the evolution and extension of business model considered the role of each company in the network. Social network analysis helps each firm's network easily visualized and completely modelized. Additionally, this paper cries to analyze the relationship between the role of hub and broke in the firm networks for strategic alliance, and financial performance. We demonstrate the firm with finer business model to the business environment can make higher financial performance. This implies that the firm that can create new finer business model, will lead the network of e-business firms and evolve the industry of e-business.

Design of Distributed Object n-tier Model for e-Business System (E-비즈니스 시스템을 위한 분산 컴포넌트 n-tier 모델의 설계 및 구현)

  • 김효정;정태충;이승관;정경숙
    • Proceedings of the IEEK Conference
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    • 2000.11c
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    • pp.157-160
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    • 2000
  • Nowadays, internet or web is popularized in society. So, intranet or inside computation environment of business has been changed a web based open system. Client and Server system that has been used core technique for enterprise information system several years is developing e-business system that perform a business in web based. Because, internet is extension of a whole field like business or information technology Therefore we understand a meaning of e-business and ERP system that a form of e-business system. Then we realize problem of existing system and study a technology for complement of system. Finally, we propose a proper model for e-business system and develop an example.

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A Study on the e-Business Utility of On-line Shopping Mall Firms (온라인 종합쇼핑몰업체의 e-Business 활용방안)

  • Lee, Woo-Chae
    • International Commerce and Information Review
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    • v.5 no.2
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    • pp.3-17
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    • 2003
  • This paper examined a e-Business utility of on-line shopping mall firms. Based on the literature review and cases study, the following results were found. First, in e-business policy, it was found that partnership between government and market are very important to e-business utility. Second, e-CRM of on-line shopping mall firms should be considered web site design based on commodity, cafe based on experience and information shares, and transaction confirm service. Third, B2C e-commerce model should be contained firm-specific force, customer oriented force, social force, and technology force.

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