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What is Business Ecosystem

Cloud Computing Applications and Techniques for E-Commerce
A business ecosystem generally represents a pertinent scope for systemic innovations where different interrelated and interdependent companies cooperate in order to mutually deliver customer solutions.
Published in Chapter:
The Complex and Opaque Cloud Ecosystem: Recommendations for IaaS Providers for a Successful Positioning in the Ecosystem
Reimar Weissbach (Technical University of Munich, Germany), Alexander Bogislav Herzfeldt (Technical University of Munich, Germany), Sebastian Floerecke (University of Passau, Germany), and Christoph Ertl (Technical University of Munich, Germany)
Copyright: © 2020 |Pages: 25
DOI: 10.4018/978-1-7998-1294-4.ch007
Abstract
In the complex and opaque cloud business ecosystem, service providers face several challenges. The fastest growing field of IaaS is evolving towards a commodity market, resulting in an increasing price competition. By first examining current challenges for cloud service providers, giving a theoretical background on value facilitation with a focus on the areas of value creation, and describing a state-of-the-art cloud ecosystem model, a sound understanding of the current situation is established. The role of value facilitation and standardization as core capabilities for successful IaaS providers are discussed and identified as being crucial for successful long-term survival in the competitive ecosystem. Additionally, learnings from expert interviews are analyzed, and five concrete recommendations for IaaS providers are derived. These recommendations should serve the management of IaaS providers in order to compare, challenge, and potentially adapt their current business models.
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FinTech for Digital Financial Services: The African Case
Is a network of interlink companies such as suppliers and distributors, who interact with each other, primarily complementing or supplying key components of the value propositions with their products or services.
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Opening Closed Business Ecosystem Boundaries With Digital Platforms: Empirical Case of a Port
A collection of organizations involved in the development and delivery of a specific product or service through simultaneous competition and cooperation.
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Hybrid Machine Learning for Matchmaking in Digital Business Ecosystems
A business ecosystem is an economic community made up of interacting organizations and individuals. This network includes customers, major producers, competitors and other stakeholders. These organizations activate in providing a specific product or service through competition and cooperation. The evolution of such a community can be influenced by leadership societies, which are called “the keystone species”.
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Business Ecosystem
A network of suppliers and customers around a core technology, who depend on each other for their success and survival.
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Towards Sustainable Peace by Technology
It refers to intentional communities of economic actors whose individual business activities share in some large measure the fate of the whole community.
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Uberization (or Uberification) of the Economy
Interorganizational network (coalition) which brings together actively involved organizations who belong to different sectors, but share the same interests, values and common goals.
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Promoting an Ecosystem Approach for Inclusive and Sustainable Entrepreneurship in Underserved Communities
A network of interconnected actors including suppliers, customers, distributors, government, competitors, and all other stakeholders who are together to create and share collective value.
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How Incumbents Respond Strategically to Emerging Digital Platform-Mediated Settings?: Analysis of Enterprise Software Vendors
A network of stakeholders ( e.g. suppliers, manufacturers, distributors, complementors) involved in the delivery of a product or service through both competition and collaboration.
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Business Management Learning: Research for the Age of Transhumanism
The business ecosystem is a collaborative and competitive economic community consisting of designers, manufacturers, suppliers, customers, consumers, and other related public, private or civil society organizations acting together in order to trade goods and services.
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