About This Course

This course is designed for engineers, technology innovators, and anyone curious about the emerging technologies of the 4th Industrial Revolution. Through a series of case studies, this course, developed collaboratively with Duke Corporate Education and offered by ArmEducationX, teaches understanding and deploying business models to leverage technology and capture value on a large scale.

What Students Will Learn

• The relationship between technology and business and how it evolves.
• Diverse business models in the tech sector and how they adapt over time.
• Identification and responses to digital disruption.
• The impact of technological market trends on business models.
• The significance of partnership networks in business ecosystems.
• Choosing and applying business models suitable for various scenarios.

Course Prerequisites

No specific prerequisites are required, making this course accessible to anyone with an interest in business and technology.

Course Coverage

• Product development insights for innovators.
• Historical and evolving tech-business relationships.
• Understanding business models in the tech industry.
• Digital transformation and its impact on business models.
• Importance and roles of partnership networks and ecosystems.
• Techniques to assess, select, and pivot business models effectively.

Who Should Enroll

This course is ideal for individuals interested in understanding how technological advancements can be transformed into business opportunities. Whether you are part of a large corporation or planning a startup, this course pertains substantial benefits for understanding and crafting effective business models in the tech context.

Real World Application

Understanding and implementing the right business models can drastically influence the success of tech-based solutions in the real world. Learners can use these skills to anticipate market needs, innovate responsively, and sustainably position their products or services in the marketplace.

Syllabus

• Introduction to Technology and Business Models - Exploring various business models and their application.
• The Digital Transformation Journey - Insights into how technology is reshaping business from both consumer and provider perspectives.
• Building Effective Business Models - Techniques on assessing, choosing, and applying business models with an emphasis on partnerships and ecosystems.