What is the Digital Economy? The digital economy refers to the global network of economic activities, commercial transactions, and professional interactions that are facilitated by information and communications technologies (ICT). In essence, it represents the economy based on digital technologies. The term “digital economy” was initially coined by Don Tapscott in his 1995 bestselling book, “The Digital Economy: Promise and Peril in the Age of Networked Intelligence.”
Why is the Digital Economy Important? The significance of the digital economy lies in its ability to present opportunities for organizations and individuals to utilize technology to perform tasks more efficiently and at a faster pace than ever before. It enables leveraging technology to engage in activities that were previously impossible, promoting innovation, and encouraging excellence in various endeavors.
Entrepreneurs in the Digital Economy Numerous entrepreneurs have capitalized on the technologies driving the digital economy to create innovative companies and business models that were previously unimaginable. Examples of such companies include ride-sharing platforms like Uber, Bolt, and Lyft, home rental platform Airbnb, and on-demand content services such as Netflix and Spotify.
About #IDCL2023 – How to be Consistent in Business in a Digital Economy #IDCL2023 is an annual event that features successful Nigerian entrepreneurs eager to share their experiences in business. The free seminar aims to give back to society, especially the youth seeking information on starting their own businesses or understanding the dynamics of the Nigerian economy in the 21st century. The target audience for this event is individuals aged 18 to 35, and it is also open to the general public. This year’s event is set to take place on the 4th of August in Abuja.
Why This Seminar Is Important The seminar holds significant importance for the country, particularly for the young Nigerians, as it can have a positive impact on the nation’s future. With the ICT sector contributing substantially to Nigeria’s GDP and experiencing continuous growth, the digital economy presents massive opportunities for youths across various sectors to dream big, develop their ideas, and maintain consistency in their endeavors.
About Indulgence Digital Concept Indulgence Digital Concepts Limited (IDCL) is a rapidly growing advertising agency in Nigeria, known for its innovative approach to advertising. The company specializes in digital marketing, traditional advertising, brand activation, and business consultancy. IDCL has collaborated with numerous local and international organizations worldwide, offering crucial support to businesses, including building strong social media presence. The event will be hosted by the talented Oluwakemi Olorode, the founder and leader of IDCL.
About Oluwakemi Olorode Oluwakemi Olorode is a business expert, entrepreneur, and advocate for child rights. Born and raised in Abuja, Nigeria, she has had a successful career, including working as a sales executive in various companies before founding IDCL. Oluwakemi is renowned for her expertise in media marketing, business growth development, and as a notable speaker on topics related to business, career development, entrepreneurship, youth, and women affairs. Additionally, she has been involved in volunteering for prestigious organizations like the United Nations, ECOWAS, and Beyond the Classroom Foundation.
