Participating in digital ecosystems is the way forward for enterprises who wants to be tomorrow’s winners through digital transformation.
Some figures from Gartner, the analyst firm, tells this about digital transformation:
- 79% of top performing companies indicate that they participate in a digital ecosystem
- 49% of typical companies indicate the same
- 24% of trailing companies does it
These figures were lately examined by Bryan Kirschner of Apigee (now part of Google) in a Cio.com article called Ecosystems: when digital transformation grows up.
As a Master Data Management (MDM) and/or Product Information Management (PIM) platform vendor you should support your current and prospective clients with means to participate in digital ecosystems.
Current offerings from MDM and PIM platforms vendors have become quite mature in supporting inhouse (enterprise wide) handling of master data and product information. Next step is supporting sharing within business ecosystems. A concept for that is introduced in Master Data Share.