Leverage Business Ecosystems for Digital Transformation

Leverage Business Ecosystems for Digital Transformation

  • February 2021 •
  • 10 pages •
  • Report ID: 6021565 •
  • Format: PDF
This IDC Perspective discusses the benefits of partnerships that can be greatly expanded by creating ecosystems that combine new business models, digital technologies, information, and stakeholder organizations and individuals in new ways to drive digital transformation scale and impact. These ecosystems can deliver products, services, and experiences that would be difficult, if not impossible, for the individual businesses to achieve on their own."Business ecosystems are not just the province of the digital businesses," says Marc Strohlein, adjunct research advisor with IDC's Research Network. "Traditional businesses can adopt ecosystem thinking to evolve partner networks into powerful systems that increase the breadth and value of products and services, grow audiences, build strong competitive strengths, and deliver continuous innovation."