Business model innovations in cloud computing | The Guardian | Cloud Central | Scoop.it
The high costs incurred in multiple supplier/buyer transactions forms the basis for the introduction of a high-value agent service.

 

This type of agent-based model can lower costs for both buyers and sellers, including monetary, mental, and physical expenditure. It is also a model that pervades daily life; traditional retailers, banks, stores, and real estate agents not only operate under this new model, but many of the big names in e-commerce are also its successful proponents, including Amazon, eBay, and Alibaba. Unsurprisingly, the model has begun to edge its way into the telecom field.