IDG Contributor Network: Winning together in the co-economy: a new mindset for the 21st century

IDG Contributor Network: Winning together in the co-economy: a new mindset for the 21st century

During the late 20th century, industrial technology providers focused on delivering complete, turnkey solutions by themselves. The thought was that to effectively address highly specialized and complex environments, a vertically integrated approach would produce a better outcome.

Today, that mindset has drastically shifted.

The accelerated pace of technology innovation has driven end customers to question this single-vendor model. Now, customers are increasingly embracing the open model involving multiple partners developing solutions based on open standards and the latest technology. Such solutions are typically better future-proofed, more cost effective and agile.

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