Published: 31 July 2019
Summary
Application ecosystems can significantly improve a solution’s time to value, innovation, product capabilities and revenue. Product managers should treat the ecosystem as a product, not as a feature, and market its value to both customers and partners in order to ensure its adoption.
Included in Full Research
- Technology Description
- Technology Impact
- A Compelling Business Model to Increase Reach, Revenue and Retention
- An Application Ecosystem Does Not Become a Feature of the Product — the Product Becomes a Feature of the Ecosystem
- Providing an Ecosystem Is Like Creating an Additional Product
- Technology Adoption
- Customers Gain Completeness, Innovation, Choice and Validation
- Partners Become Customers to Attract and Retain in the Ecosystem
- References