
Platform Revolution
Platform Revolution refers to a transformative shift in how businesses operate, moving from traditional models to platform-based systems. These platforms, like Uber or Airbnb, connect users and providers, facilitating transactions without owning the service. They leverage network effects, meaning their value increases as more people participate. This approach disrupts industries by enabling efficiency, lowering costs, and fostering innovation. Essentially, platforms serve as intermediaries, creating ecosystems where various participants interact, generating value in ways conventional businesses cannot easily replicate. This model is reshaping economies and influencing how we consume products and services today.