Platform Economy 2016

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The phenomenon of the platform economy and its transformative impact on the competitive landscape and established brands has gripped the media in the past few years.

"85% of respondents stated that they already had a platform strategy at varying stages of maturity"

Our most recent research around the impact and implications of the platform economy dispels the myth that ‘platforms are just for tech companies.

In fact, only 9% of respondents stated that they had no current plans to develop a platform strategy.

The message that platforms are seen as fundamental to success for Nimbus Ninety members was reinforced when members were asked what they thought would happen to their investments in platforms in the next 18 months. The answer to this question was a resounding increase at 56% with only 4% selection decrease.

When asked to describe their approach to accessing, using and developing platforms, the most popular response was in-house design and build at 51%, followed by off-the-shelf at 40% and joint venture/alliance at 35%.

 

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