Name
When digital transformation is not enough: The two-sided market and why it matters
Date & Time
Thursday, October 28, 2021, 12:05 PM - 12:35 PM
Speakers
Description
As lines blur between industries, between B2C and B2B markets, and between platforms and non-platform firms, Internet-era information is driving an unprecedented rate of economic change mediated by platform partnerships. This community creates value for ecosystem partners as users create value for one another. These “network effects” enable organizations to scale value outside the firm rapidly through third parties, creating a feedback loop that devastates competitors. Understand why it is easier to add a technology to a community than to add a community to a technology; why it matters and what is at stake.