What is a digital business ecosystem?

A digital business ecosystem refers to a complex network of interconnected organizations, individuals, and technologies that collaborate and communicate digitally to create, deliver, and capture value. It is a dynamic and interdependent system where various stakeholders interact and exchange resources, services, and information using digital platforms and technologies. In a digital business ecosystem, organizations leverage technology to enable seamless integration, streamline processes, and enhance decision-making capabilities. This interconnectedness allows for greater innovation, efficiency, and agility, leading to enhanced customer experiences and increased competitiveness. A digital business ecosystem can encompass multiple industries and sectors, with participants ranging from small startups to large multinational corporations.

This mind map was published on 6 November 2023 and has been viewed 49 times.