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How to Operate a Business Operating in a Virtual Space

The pull of minimal cost of overhead and access to more efficient communication and collaboration tools has prompted more and businesses to move to virtual operations. While e-commerce and remote work are among the most popular applications for virtual space, it’s expanding into new areas of development and delivery of services that benefit both the consumer and businesses.

As opposed to traditional offices, which require space for collaboration and meetings, virtual office spaces offer online platforms that mimic live interactions with live video conferencing and document sharing. This is particularly useful for teams working remotely using digital workspaces that remove the need for physical face-to-face interactions and cuts down on travel costs.

Other virtual spaces include social spaces, where people socialize and interact, educational spaces like online classrooms, e-learning platforms and gaming spaces, such as massive multiplayer online games (MMOs) or mobile apps. These spaces typically include virtual reality (AR) and virtual reality (VR) to provide immersive experiences.

Platform action is the logic that runs in the background to allow functionality. For example in an e-commerce application like eBay platform action controls the way that users bid and pay for items; in an application for managing projects such as Trello or Microsoft Teams, it regulates how tasks are assigned to and controlled. It is essential to create a robust platform action in virtual space, because it creates an easy experience for users as well as business stakeholders.

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