The new age of ecosystems Redefining partnering in an ecosystem environment
Ecosystem has entered the vernacular of everyday business. Terms such as “business ecosystem,” “collaboration ecosystem” and economic ecosystem” are now being used universally as people seek to articulate the future of business and customer interactions. But an ecosystem reflects much more than a network, and it differs fundamentally from a market. While ecosystems will transform much of the way business operates today, it is important to understand why ecosystems are beginning to emerge now, how they differ from traditional markets, what new incentives will emerge and how individual organizations can respond. This report addresses each of these crucial aspects and provides a roadmap for organizations to pursue new types of partnering arrangements to navigate and thrive in a new age of ecosystems.