Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Odd businesses that are changing the face modern business world. Elucidate your thoughts?

user-image
Question added by Mohammed Ashraf , Director of International Business , Saqr Al-Khayala Group
Date Posted: 2016/02/18
Rami Abbas
by Rami Abbas , Sales Manager , Al Houda Contracting and Real Estate Development

The internet and the communication revolution made every thing possible, whatever the thought is if you can make a profit out of it then it's a business and it's doable.

Take Facebook or google for an example, they are changing human lives each and every day by giving services that wasn't even possible 5 years ago.My bet is on technology always, I trust the humans will to change and advance will always make anything possible.

Deleted user
by Deleted user

Since your are asking about "odd businesses", I can refer some news that I´ve read the other day, that a guy in UK is selling bottled air for the Chinese market for US each bottle...this is odd :)

 

Check here: https://www.youtube.com/watch?v=YJkVevc-gLA

Md Fazlur Rahman
by Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd

I would like to say ”not odd”  but opportunity in "Niche" which are really unique business opportunity supported by IT and when correctly pursued  give you a lot of profit.

Asad khan
by Asad khan , Product specialist , shaigan pharmaceutical

Agree with Mr.faizur rehman

Katarzyna Sligowska
by Katarzyna Sligowska , Product Expert , Mango-Media

Medicine and IT for sure. First one because we even do not imagine what specialists do in their laboratories to save us for diseases, cancers etc. Second one - I remember the time when there was no Internet and people used to talk to each other, send paper CVs to companies or not having cell phone and look at us right now. We do not each other but can exchange our thoughts and knowledge. I even can't imagine what will happen in few years.

Nijabdeen Mohammed Naleem
by Nijabdeen Mohammed Naleem , Senior Sales Manager , Realtor Lanka Properties (Pvt) Ltd

I'll agree with Mr.Rami Abbas and Mr. Fazlur Rahman's answers.

Sidrah Nadeem
by Sidrah Nadeem , Global Marketing Manager , Hill & Knowlton

I would personally be quite thrilled if society moved towards zero marginal societies.

Vikas Bachhuka
by Vikas Bachhuka , Sales Manager - Tire, Lubs & Batteries , ALI ALGHANIM & SONS AUTOMOTIVE CO.

We have come to a stage where we have market for everything. Technology has made buyer and seller come together.

 

The best example of odd business can be food industry, you can sell every animal to the customer and people are ready to try.

 

Openness to try different things is the success to odd business. Who had ever taught that we will end up in a situation that everything is available at finger tips. Medicines have also come online. you can order from any place and the medicine will be delivered at the door step. 

 

Technology has changed the face of modern business.

Sheheryar Ahmad
by Sheheryar Ahmad , Recruiter III , Amazon Web Services

Looking forward to see your own input on this question. I feel you can provide best possible answer. 

Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

yes i'm agree with that the effect come from there org.

 

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

Information technology is a modern phenomenon that has dramatically changed the daily lives of individuals and businesses throughout the world. Information technology is driven by the microchip, which owes its existence to the semi-conductor. IT solutions run the gamut from personal computers and computer software to production robotics to communications technology. Leveraging information technology for business success is key to survival in the modern business world.

Significance

Information technology has grown to permeate the business world, affecting how companies make and market their products, as well as how people communicate and accomplish their jobs in modern organizations. Specialized software shapes best-practices and industry standards, continually changing the face of business in almost every way.

Production Technology

Production technology has allowed modern companies to make great strides in operational efficiency and the effectiveness of human resources. Automation technology, such as assembly lines and computer-controlled machinery, can allow companies to produce unprecedented volumes of goods, and advances in transportation technology allow businesses to ship their products anywhere in the world. Information technology has also changed the way that companies operate internally. Personal computers have become a necessity for a large majority of corporate jobs, and many manual labor jobs require the use of a handheld computer or other electronic device as well.

Communications Technology

Leveraging advances in communications technology is imperative to surviving in the modern business world. Advances in cellular phone technology have revolutionized the way businesspeople communicate with clients, employees, suppliers and strategic partners. The Internet has revolutionized the marketing function in addition to opening up a wide range of communication options. Modern smartphones are changing the game yet again with the introduction of new and innovative applications. A small business owner can now access a web-based customer relationship management service on a smartphone from anywhere in the world, for example, allowing him to obtain vital data about contacts before making calls.

Considerations

While information technology solutions can contribute to the success of your organization, there are a number of unique costs to consider. In addition to the cost of implementing an IT solution, you must employ highly educated and specialized workers to maintain, monitor, expand and repair your IT infrastructure.

The Future

Modern information technology has gained popularity rapidly since the mid-twentieth century, and the trend is likely to continue into the future. As IT solutions continue to increase the efficiency and effectiveness of business operations and communications, businesses will continue to rely on IT for success.

More Questions Like This