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Market Research Report

What Is the Future of Industry Ecosystems?

Published by IDC Product code 960326
Published Content info 13 Pages
Delivery time: 1-2 business days
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What Is the Future of Industry Ecosystems?
Published: September 8, 2020 Content info: 13 Pages

This IDC Perspective is the initial, overarching framework document for IDC's future of industry ecosystems research practice, and it analyzes the need and opportunity for extended approach to industry ecosystems, one of the multiple types of ecosystems that companies will employ today to remain competitive, address disruption, and grow their business. Industries are expanding the capability, capacity, insight, and expertise of their teams through ecosystems, within and outside their industry. "Industry ecosystems are 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. As organizations understand these shifts, they form new, additional partnerships in industry ecosystems - within their industry or across others - that deliver value, create resiliency, foster innovation, and anticipate threats and opportunities," said Jeffrey Hojlo, program director, Manufacturing Insights and Product Innovation Strategies at IDC.

Table of Contents
Product Code: US46828520

Executive Snapshot

Situation Overview

  • Why Industries Need Industry Ecosystems
    • Building Relationships Within and Across Industries
  • The Future of Industry Ecosystems: Built on the Platform and Sharing Economy
    • Shared Data and Insights
    • Shared Applications
    • Shared Operations and Expertise
    • Industry Clouds - An Essential Part of Industry Ecosystems
  • Industry Ecosystems: Powered by Physical/Digital, Capital, and Trust
    • Physical and Digital Products and Services - Working in Harmony
    • Capital - Human, Asset, and Financial
    • The Critical Importance of Establishing Trust in Industry Ecosystems

Advice for the Technology Buyer

  • Exploring Industry Ecosystems
  • Transitioning to an Industry Ecosystem
  • Improving Your Industry Ecosystem

Learn More

  • Related Research
  • Appendix
    • Defining Ecosystems
  • Synopsis
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