Digital Platform Pros 4A

There are a lot of pro’s to using digital platforms. Some of the pro’s to using digital platforms are is the advanced technology that is used, apart from the advanced technology is the AI that is typically engraved in the different platforms that are digitized. The network effect is basically a theory where people believe that the more use of a platform or service, the more people will start to use it due to increased value. There are many pros and cons when it comes to cloud computing. Some of the cons include trust because many people find the internet and computer based software untrustworthy, while others believe that there are more adequate ways of computing data part from using the cloud. Some of the pro’s include the cloud being able to keep all the information in one place but additionally, it can be seen as a negative aspect because if the data gets lost in the cloud, then some believe that it cant ever be recovered or it will just be out in the world for anyone to see while they are unable to recover it. The differences between SaaS, PaaS and IaaS are the type of services that it provides to its users. SaaS provides software while IaaS provides Infrastructure and PaaS is the platform which data is based on. API’s is a type of software which allows two parties to effectively communicate with one another. Specifically API’s allows there to be a distinction between two parties while also delivering their messages on both end, therefore creating a transactional method of communication. API’s build value because it connects systems and software to one another while also helping to convert data and strategies. Project managers are managers who are responsible for the planning, monitoring, and execution of a project therefore when it comes to project management, they usually use software and platforms to help monitor the performance, and data being executed and planned out.