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The Disruptive Power of Digital Ecosystems

Digital ecosystems are fundamentally changing how businesses collaborate and compete. Is your company ready to be part of an ecosystem—or to build one?

Companies once might have kicked off a joint venture or an alliance with a few industry partners to share risks or enter a new market, but now many companies collaborate in digital ecosystems of dozens or even hundreds of partners from several industries to bring their offerings to market.

In a digital ecosystem, many largely independent economic players join forces to create a digital offering that is more valuable than a single company’s product or service. Some digital ecosystems develop solutions—like a connected car or a smart home. Others bring together buyers and sellers on a digital platform.

This new collaboration model isn’t a fad; it’s the future of business. Many of the world’s largest companies are part of vast digital ecosystems that are disrupting not just their industries but broad swaths of the economy.


Our End-to-End Solution for Digital Ecosystems

BCG helps companies looking to develop or participate in a digital ecosystem move from strategy to scale in less than 24 months.

STRATEGY



To capitalize on the benefits of digital collaboration, companies must craft a forward-thinking digital ecosystem strategy, navigate the startup community to spot potential partners, and identify the partners that can make an immediate impact. 

  • The BCG Center for Growth and Innovation Analytics uses data science to mine vast troves of unstructured data to spot tomorrow’s opportunities and provide forward-looking data-driven insights in the areas of technology, IP, innovation, and growth.
  • BCG’s Fintech Control Tower monitors and conducts deep research on global fintech and insurtech trends and supports clients with innovation discovery, scouting and sourcing, and open innovation efforts.
  • BCG’s Digital Acceleration Index helps organizations assess their digital maturity by uncovering their digital strengths, identifying gaps in their digital capabilities, and evaluating their performance relative to their peers in digital efforts.
  • BCG’s comprehensive benchmarking tool constructs a comprehensive view of the competitive landscape and provides key insights into what makes digital ecosystems successful.

BUILD-UP


Because new technologies, partners, and competitors emerge all the time, it’s vital to adapt and pivot during the initial phases of ecosystem growth. We work with clients to create a flexible, agile model for designing, setting up, and governing a digital ecosystem.

  • BCG’s cybersecurity expertise helps ensure the confidentiality, integrity, and availability of clients’ digital assets. Our cybersecurity experts work with clients taking on digital ecosystem transformation to develop new connected products or services, considering security implications for the business.
  • BCG’s exclusive partnership with Silicon Foundry and Silicon Valley Bank connects clients to the Silicon Valley pipeline to identify the most promising opportunities.
  • BCG Digital Ventures goes beyond providing consulting, design, and technology services to form strategic venture teams with its clients in order to rapidly develop, launch, and grow transformational digital products, platforms, and businesses.

SCALE


Orchestrators of collaboration networks need to create a sense of community and trust while ensuring that all participants benefit. Value—whether it’s data, IP, or financial gain—must be shared to create strong and lasting partnerships.

  • BCG Platinion accelerates digital excellence by designing and engineering new digital products and services, architecting and building scalable platforms to enable digital technology capabilities for clients across industries.

Our Client Work on Digital Ecosystems

Bringing Insight to Light for Malaysian Consumers

BCG collaborated with Celcom Axiata, one of Asia’s largest telecommunications companies, to transform a simple phone card into an e-wallet and lifestyle app called Boost. In less than two years, it became Malaysia’s leading cashless platform—a digital ecosystem of 17 banks and a growing list of more than 125,000 participating merchants.

LEARN ABOUT THE COLLABORATION

Meet Our Digital Ecosystem Consultants

  • Leads BCG's Industrial Goods practice in the UK, NL, and B
  • Corporate, business, and digital strategy
  • Joint ventures and alliances
  • Operating model and organization redesign
  • Retail banking, private banking, wealth management, and asset management across Asia
  • Corporate banking, investment banking, and global markets
  • Digital banking, insurance strategies, and business models
  • Leads recruitment for North America
  • Large-scale organization change
  • Global advantage
  • Airlines
  • Growth and go-to-market strategy in health insurance
  • Innovation and product development
  • Big data and advanced analytics
  • Globalization

Learn More

Are You Ready for Collaboration Networks?

Are You Ready for Collaboration Networks?

Are You Ready for Collaboration Networks?

The Evolution of Collaboration

The Evolution of Collaboration

How Digital Ecosystems Create Value, and How They'll Change in the Future

How Digital Ecosystems Create Value, and How They'll Change in the Future

The New Reality of Digital Ecosystems

The New Reality of Digital Ecosystems

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