What Are Virtual Business Ecosystems?

Virtual business ecosystems (VBEs) are virtual networks of interconnected businesses and individuals that operate primarily in the digital space to create and deliver value. They leverage the virtual organization as organizational structure and new technologies incuding since the democratization of AI in 2022 leveraging artificial intelligence (AI) to facilitate co-creation, collaboration, knowledge, experience and information sharing between all members of the virtual business ecosystem.

The New Normal Economy - Hybrid Working And Remote Working For Managers and Employees by Tony de Bree

The New Normal Economy

Hybrid Working & Working At Home For Managers And Employees

$8,99

Here’s a breakdown of the key characteristics of VBEs:

  • Digital Platform: VBEs are built around a central offline or online digital platform that connects all participants and facilitates interactions. This platform can be a marketplace, a social network, a cloud-based application, or a combination of these.
  • Network of Participants: VBEs involve various participants, including businesses of different sizes (large corporations, startups, scaleups, SMEs), individuals (freelancers, independent contractors), and sometimes even technologies (AI, machine learning algorithms) that contribute to the value creation process.
  • Collaboration and Sharing People: VBEs foster collaboration between participants, allowing them to share people, relevant expertise, information, data and other physical resources. This can lead to the development of new products, services, and business models.
  • Value Creation: The ultimate goal of a VBE is to create value for all participants, for all members. This value can be in the form of increased revenues, improved efficiency, access to new digital blue oceans or offline markets but in always in better customer experience for the customers of the leading digital platform.

Benefits of VBEs:

  • Serving New Digital Blue Oceans: VBEs can provide businesses with access to new groups of customers in new digital blue oceans that they might not be able to serve on their own.
  • Increased Innovation: VBEs bring together diverse participants with unique competencies, capabilities, skills and perspectives, which can spark different types of innovation including new online services, new digital products and new physical products
  • Improved Quality & Lower Costs: Sharing people and expertise within a VBE can help businesses to improve quaity, operate more efficiently and reduce organizational costs.
  • Flexibility and Adaptability: The virtual organizational design of VBEs and especally the leading virtual company at the center allows them to be flexible and adaptable to fast changes in the external business environment.

More: News, AI-Powered vs AI-Driven Business Transformation, Contact Tony For An Video Consultation

Examples of VBEs:

  • E-commerce marketplaces (Amazon, eBay): These platforms connect buyers and sellers, allowing businesses to reach a wider audience and sell their products online.
  • Freelancing platforms (Upwork, Fiverr): These online platforms connect businesses with freelance professionals including AI Freelancers and AI Side Hustlers, allowing them to access a wider pool of talent and complete projects more efficiently.
  • Social media platforms (Facebook, Instagram, TikTok): These platforms connect businesses with consumers, allowing them to build brand awareness, engage with customers, and sell products and services directly.
  • LinkedIn: This online platform mainly connects people that are looking for a job and recruiters and HR-professionals looking for managers and employees and individuals and companies providing products and services to those large companies and organizations.

Overall, virtual business ecosystems are powerful innovative organizational forms of the virtual organization for networks of diferent types of businesses of all sizes to collaborate, innovate, and create value in the digital age.

AI-Driven Productivity by Tony de Bree

AI-Driven Productivity Hacks

A Guide for Managers, Employees & HR Professionals

$8,99

In company and in-house.

Our online, offline and blended learning & personal development activities are exclusively organised in collaboration with the virtual business school. On-demand, in-company and in-house and not on the open market. By planning virtual events on-demand your company can save precious time, energy and money and become a digital leader with an aligned AI-powered company with an AI-powered business model and an AI-powered organizational design. With a focus on a personal AI-right-skilling plan voor you:

Top Pick
Right-skilling-for-the-AI-powered-economy-How-To-Survive-The-Great-AI-Layoff-In-The-Future-Of-work-Tony-de-Bree-kl2

Right-Skilling For The AI-Powered Economy

How To Survive The Great AI-Layoff In The New Age Of Work

$8.99

Reach out.

If you want your team, your virtual team, department or company to learn relevant AI-skills and relevant AI-powered models and tools, fast and just-in-time, contact us today and we wil contact you for a free intake call and a quote.



    Post Comment