Definition of Digital Economy: The digital economy refers to the global network of economic activities, commercial transactions, and professional interactions that thrive with the aid of information and communications technologies (ICT). In essence, it can be described as an economy built upon digital technologies.
Origin of the Term Digital Economy: Coined by Don Tapscott in his bestselling book “The Digital Economy: Promise and Peril in the Age of Networked Intelligence,” the term “digital economy” emerged in 1995.
Significance of the Digital Economy: The digital economy underscores the crucial opportunity for organizations and individuals to utilize technology to enhance task execution, achieving better, faster, and novel ways of doing things that were previously impossible. It promotes innovation and excellence.
Entrepreneurs Thriving in the Digital Economy: Numerous entrepreneurs have capitalized on the technological advancements driving the digital economy, establishing new companies and innovative business models. Examples include Uber, Bolt, Lyft, Airbnb, Netflix, and Spotify.
About #IDCL2023 Seminar on Consistency in the Digital Economy: This year’s edition of #IDCL2023 features prominent Nigerians sharing their successful business experiences. The free seminar aims to give back to society, especially the youth seeking guidance in starting their own businesses or understanding the Nigerian economy in the 21st century. The target audience comprises individuals aged 18 to 35, and the event is open to the public.
Importance of #IDCL2023 Seminar: #IDCL2023 holds significant importance for the country, particularly for young Nigerians, as it has the potential to impact the nation’s future. Recent GDP reports indicate that the ICT sector significantly contributed to Nigeria’s GDP in the second quarter of 2022, highlighting the opportunities the digital economy offers.
Indulgence Digital Concept’s Vision for Youths: Indulgence Digital Concept recognizes the immense opportunities the digital economy presents for youths in all sectors, enabling them to dream big, nurture their ideas, and maintain consistency in their endeavors.
Introducing Indulgence Digital Concept (IDCL): IDCL, one of Nigeria’s fastest-growing advertising agencies, is renowned for its innovative advertising approach. The company specializes in digital marketing, traditional advertising, brand activation, and business consultancy.
IDCL’s Impactful Collaborations: IDCL has collaborated with several local and international organizations across the world, providing essential support needed in today’s market, including a robust social media presence.
About Oluwakemi Olorode: Oluwakemi Olorode, a business expert, entrepreneur, and child rights activist, is the driving force behind IDCL’s success. Her remarkable journey began in Abuja, and she has since become a notable speaker on various topics, volunteering for organizations such as the United Nations and ECOWAS.