The on-demand economy is a business, service, or product built on letting users request a physical object, a piece of data, or service and have that request fulfilled. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Aggregate demand is the total amount of goods and services demanded in the economy at a given overall price level … We expect rising take-up of on-demand production will lead to a spike in personalization, and a new generation of customized clothing start-ups, creating a new definition of “made to measure.” In the technology space, automation intellectual property will continue to develop, with patent approvals likely to be a critical success factor in the years ahead. It is not based on mere guessing or prediction but … on-demand support. In economics, demand is formally defined as ‘effective’ demand meaning that it is a consumer want or a need supported by an ability to pay – namely a budget derived from disposable income. For example, if Joe lends Bob $100 payable on demand, there is no set payment date, but Bob must pay whenever Joe asks. The amount of demand at a given price is determined by supply and the availability of similar or replacements goods and services, among other factors. Look it up now! mass noun. due on demand translation in English - English Reverso dictionary, see also 'demand bill',demand deposit',demand feeding',demand loan', examples, definition, conjugation See more. In addition, the tender covers the provision of on-demand supporting services. Video on demand (VoD) is an interactive TV technology that allows subscribers to view programming in real time or download programs and view them later. Payable on Demand. translation and definition "on-demand support", Dictionary English-English online. On Demand Scheduling Definition. Video on Demand (VoD) is a media distribution system that allows users to access videos without a traditional video playback device and the constraints of a typical static broadcasting schedule.In the 20th century, broadcasting in the form of over-the-air programming was the most common form of media distribution. There is no long-term commitment required when you purchase On-Demand Instances. It’s built on the concept of instant gratification , the psychological feeling consumers get when they can instantaneously make a transaction, and possibly follow the path of it all the way to fulfillment. You’re in an era where you can summon your own personal cab, chauffeur, chef, gardener, fashion consultant, or gym trainer with just a tap on an app. ; More than 280 companies provide on-demand services across 16 … An act of demanding; an urgent request. Definition of Demand in Economics. A system in which viewers choose their own filmed entertainment, by means of a PC or interactive TV system, from a wide available selection. 2. ‘print-on-demand technology’. An urgent requirement or need: the heavy demands of her job; the emotional demands of his marriage; an increased... 4. Demand The need or desire for a good, service, or asset among consumers at a given price. Example sentences with "on-demand support", translation memory. mand 1. Definition of Demand. The largest category of on-demand spending is online marketplaces (e.g. On-demand service, in the context of IT, is a prime facility and feature of cloud computing services, which allow users to provision raw cloud resources at run time, when and where needed. Describing a debt that must be repaid upon the request of the lender. ‘These vendors want to provide a variety of functions, including digital television, video on demand, program guides, program recording, web access, e-mail, shopping and games.’. More example sentences. ON-DEMAND MARKETING: OUR DEFINITION. ‘Instead of expensive offset printing, which mainstream publishers use, print-on-demand relies on a glorified digital printer.’. This may be done to preserve the liquidity of the companies involved, particularly if there isn't enough free cash on hand. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. All Free. The on-demand services will continue to disrupt many industries apart from the usual ones. ‘Davis said there has been a "steady increase" in the use of print-on-demand technology over the last three or four years.’. Economist has given different demand definition but essence is same. What does on-demand mean? demand - WordReference English dictionary, questions, discussion and forums. Definition: Demand forecasting refers to a scientific and creative approach for anticipating the demand of a particular commodity in the market based on past behaviour, experience, data and pattern of related events. The precise meaning of demand is: “Someone’s affordability and willingness to pay a price for a specific economic product or service.” Using the above sentence as a reference point, we can see that insistently requesting something is essentially demand. Aggregate Demand Definition. How to use demanding in a sentence. Information on Demand Information on demand simply describes information that is readily available when we need it. Definition. Manufacturing on Demand: The phrase "manufacturing on demand" (MOD) is a manufacturing process wherein goods are produced when or as they are required. The state of being sought after: in great demand as a speaker. A Guide to the Project Management Body of Knowledge by Project Management Institute. Frederic Charles Courtenay Benham defines demand as “The demand for anything i.e; goods and service, at a given price, is the amount of it, which will be bought per unit of time, at that price.“ An interesting element of the on-demand service is beIN's electronic sell-through (EST) service, which allows its subscribers to buy, watch and keep the content they would like to own. A new service in the growing On-Demand Economy, On-Demand Marketing effectively deregulates how businesses can access the benefits of corporate-grade marketing talent to achieve their organisational marketing needs, removing the traditional risks and … With On-Demand Instances, you pay for compute capacity by the second with no long-term commitments. You have full control over its lifecycle—you decide when to launch, stop, hibernate, start, reboot, or terminate it. On-demand Apps are the future for most of the traditional industries. Definition of on-demand in the Definitions.net dictionary. Biakelsey valued USA on demand economy to be $57 billion economy in 2017. And right now, that applies to most of the information we could possibly need. It has also led to the increasing demand for mobile app developers that resulted in a rapid increment in the number of mobile apps development companies. Giga-fren. With advance technology coming to the play there would be a fierce competition of among the firms to provide service in as minimum time as possible and that too at an optimum quality. noun. On-Demand Bond — an unconditional bond or bank guarantee required of many contractors and sellers by overseas buyers to guarantee the tender (the actual form of money exchanged) as security against the value of advance payments under a contract, or to guarantee performance of the contract. A demand guarantee is usually issued in lieu of a cash deposit. Definition of on-demand written for English Language Learners from the Merriam-Webster Learner's Dictionary with audio pronunciations, usage examples, and count/noncount noun labels. Common crawl. Definition of demand_1 noun in Oxford Advanced Learner's Dictionary. In traditional manufacturing, an assembly line works on standard shifts to produce large quantities of products, which are then kept in storage facilities until they are ready for shipping. 3. Definition - What does On-Demand Service mean? Some loans become payable on demand if the borrower violates … On-demand scheduling is based on the theory-of-constraints and pull-based scheduling concepts from lean manufacturing to limit a team's work in progress in order to balance demand against the team's delivery throughput. On-Demand Marketing transforms the way company’s resource their internal Marketing function. On-demand requests may be locked out for some or all users during the first one or more phases of the restore, while they are permitted for the subsequent phases, ensuring that critical files needed by all users will be available before the backup process is interrupted by on-demand accesses. Definition of demand. “On Demand Services caters to the vast spectrum of user’s need.” Services ranging from medical services to business consultancy are also utilized with the help of mobile applications. On demand definition at Dictionary.com, a free online dictionary with pronunciation, synonyms and translation. On-Demand Instances. On Demand Economy Market Overview. Information and translations of on-demand in the most comprehensive dictionary definitions resource on the web. Print on demand (POD) is a printing technology and business process in which book copies (or other documents) are not printed until the company receives an order, allowing prints of single or small quantities. Demanding definition is - requiring much time, effort, or attention : exacting. Something demanded: on strike until they get their demands. Demand definition, to ask for with proper authority; claim as a right: He demanded payment of the debt. Meaning of on-demand. Around 42% of USA adult population has used an on-demand service. Movies on demand definition: Movies on demand is a service that allows you to choose and watch a movie on your... | Meaning, pronunciation, translations and examples beIN launches on-demand services, adds seven more channels to entertainment bouquet. Definition of on-demand adjective in Oxford Advanced Learner's Dictionary. The on-demand economy is attracting more than 22.4 million consumers annually and $57.6 billion in spending. Demand refers to the willingness and ability of consumers to purchase a given quantity of a good or service at a given point in time or over a period in time..