Is ecosystem just the latest buzzword?
Coral reefs, rainforests, all the life inhabiting them. They thrive because their members can communicate.
They’ve been evolving for millennia. In a matter of years though, digital ecosystems have synthesized this exchange of electrical impulses at a much faster rate. They do this by means of automation and the transfer of data across interconnected networks.
This standardization is how we eliminate waste across the global supply chain.
Automation means speed. It means accuracy. This feeds the continued improvement and evolution of the ecosystem
ecosystems have the potential to generate tremendous growth and offer huge efficiency gains that have the power to transform business profitability.
in 2010 IBM launched an ambitious initiative to identify how the global supply chain ecosystem could become leaner and more agile. At the time the market was valued at 60 trillion USD, yet in just two decades this figure is predicted to reach +100 trillion USD.
To curtail waste, the opportunity for new synapses in business support infrastructure is immense.
With such extraordinary growth, let’s breakdown the four trends shaping the everything-as-as-service economy..