Creating value from ecosystems strategy

Digital transformation in our everyday activities is happening at high rates. Virtually every person uses connected devices to communicate and share information to build their own networks for different purposes including new business models for value creation.
The same is happening in the industrial settings. Organisations and governments are setting up their ecosystems as a strategy to enhance efficiency and create value. An ecosystems strategy brings together a network of organisations. For example, an ecosystem strategy for tourism may include travel agents, airlines, airports, policy makers, hoteliers and travel platforms working together to deliver the best services through both co-operation and competition.