The Future of Industry Ecosystems: the Platform & Sharing Economy | IDC Blog
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Jeffrey Hojlo Jeffrey Hojlo
7 min read
The Future of Industry Ecosystems: the Platform & Sharing Economy | IDC Blog

The movement to future of industry ecosystem models is happening now. The platform, sharing economy was the first step toward this open, shared way of working not only with partners from within the industry but also from other industries. We saw this trend in industries such as automotive, aerospace, and life sciences commence in the past few years and accelerate during the COVID-19 pandemic (as well as in other industries). Why are industry ecosystems critical for success in the digitally transformed, disrupted world we live in today? Because the complexity of products, supply chains, digital experiences, and changing market and customer/consumer needs are too great for any one organization to address on its own.

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