WEBVTT 1 00:00:06.780 --> 00:00:07.930 Businesses that build 2 00:00:07.930 --> 00:00:11.760 or participate in digital ecosystems grow faster, 3 00:00:11.760 --> 00:00:15.030 are more innovative and resilient in crisis. 4 00:00:15.030 --> 00:00:18.790 So companies today need to understand how to compete in 5 00:00:18.790 --> 00:00:22.150 and with these fluid collaboration networks. 6 00:00:22.150 --> 00:00:24.520 But how do you partner across different industries 7 00:00:24.520 --> 00:00:27.530 and regions to build new products? 8 00:00:27.530 --> 00:00:30.240 How do you capture value for all participants, 9 00:00:30.240 --> 00:00:33.330 and share the value within the ecosystem? 10 00:00:33.330 --> 00:00:35.580 How do you align the strategic interests 11 00:00:35.580 --> 00:00:39.563 of many participants, and steer a fluid network of partners? 12 00:00:40.430 --> 00:00:42.600 These are all critical questions. 13 00:00:42.600 --> 00:00:45.250 That's why at BCG we've created 14 00:00:45.250 --> 00:00:48.570 the Digital Ecosystems Accelerator. 15 00:00:48.570 --> 00:00:51.540 The Digital Ecosystems Accelerator is a tool 16 00:00:51.540 --> 00:00:55.090 companies can use to assess their strategic maturity, 17 00:00:55.090 --> 00:00:56.750 and how ready they are to build 18 00:00:56.750 --> 00:00:59.730 or join a fluid collaboration network. 19 00:00:59.730 --> 00:01:01.660 It also benchmarks your company's 20 00:01:01.660 --> 00:01:03.980 digital ecosystem capabilities, 21 00:01:03.980 --> 00:01:06.600 and potential against your competitors, 22 00:01:06.600 --> 00:01:09.350 with data gathered from a large number of companies 23 00:01:09.350 --> 00:01:12.960 across all industries and revenue sizes. 24 00:01:12.960 --> 00:01:15.250 The Digital Ecosystem Accelerator 25 00:01:15.250 --> 00:01:17.260 assesses a company's maturity 26 00:01:17.260 --> 00:01:20.130 by helping it answer three questions. 27 00:01:20.130 --> 00:01:23.240 Why should I engage in digital ecosystems? 28 00:01:23.240 --> 00:01:25.250 What do I want to achieve? 29 00:01:25.250 --> 00:01:27.840 And am I ready to build or participate 30 00:01:27.840 --> 00:01:31.010 in digital ecosystem business models? 31 00:01:31.010 --> 00:01:34.680 In today's world of rapidly emerging digital technologies 32 00:01:34.680 --> 00:01:38.790 and innovative business models, two things seem certain. 33 00:01:38.790 --> 00:01:41.620 First, digital ecosystem business models 34 00:01:41.620 --> 00:01:43.620 are going to play an outsized role 35 00:01:43.620 --> 00:01:47.040 in many consumer and B2B sectors. 36 00:01:47.040 --> 00:01:51.103 Second, most companies are not prepared for this transition. 37 00:01:52.110 --> 00:01:54.960 The Digital Ecosystem Accelerator is a tool 38 00:01:54.960 --> 00:01:57.140 for rapid check-up and assessment, 39 00:01:57.140 --> 00:01:59.890 supported by a growing database of information 40 00:01:59.890 --> 00:02:02.460 about digital ecosystems activity 41 00:02:02.460 --> 00:02:06.828 in virtually every major industry, region and marketplace. 42 00:02:06.828 --> 00:02:09.411 (gentle music)