What are ecosystem companies?

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According to McKinsey & Company, ecosystem companies consist of interconnected sets of services through which users fulfill a variety of cross-sectoral needs in one integrated experience.ย 

Most of the companies with the worldโ€™s highest market capitalizations are tech companies that generate much of their revenue from the digital ecosystems they created.

Many of these ecosystems are B2C plays. Others, such as Jabilโ€™s ecosystem, represent B2B spaces. There are companies that tackle both:

  • Amazon, for example, ties together e-commerce, cloud computing, logistics, and consumer electronics,
  • Tencent provides services including social media, gaming, finance, and cloud computing.

Source:

https://www.mckinsey.com/business-functions/mckinsey-digital/our-insights/ecosystem-2-point-0-climbing-to-the-next-level

Author

Mark Kalin

Achiever, Competition, Futuristic, Maximizer, Significance

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