期刊名称：International Journal of Advances in Engineering and Management
电子版ISSN：2395-5252
出版年度：2022
卷号：4
期号：5
页码：414-423
DOI：10.35629/5252-0405195197
语种：English
出版社：IJAEM JOURNAL
摘要："Digital empowerment" is not a slogan; it is necessary for businesses to survive in today's excessively competitive environment. The pace at which Information Technology has grown in the last few decades has left our senior generations untutored and untrained. People who finished their education before the 90s are the major victims of this IT boom. Because the '90s was the decade when things started to change, Amazon (1994), Netflix (1997), Google (1998), Alibaba (1999), Tesla (2003), Facebook (2004), Twitter (2006), all the names mentioned at the back are all multinational, billion-dollar IT companies today. These were the international names founded in the 90s. If you look at India, one could say the technological boom is taking place right now. If you check the list of the Indian Unicorns (Unicorn = Valuation > 1 billion USD), you'll find that out of the last 10 companies that made it to the unicorn list in the year 2021, 9 of them are Internet and Technology oriented firms.Venture Capitalists, Private Equity Firms are all eagerly funding these firms. Therefore, many new-age start-ups are coming forward with innovative technological solutions and achieving huge successes in an amazingly short span of time.Global Trading involves all sorts of activities involved in the transfer of goods from one country to another. The importance of Global Trading has been explained in the summary section of this report, and you may refer to that.
