The value of ecosystems with EY

Key Takeaways

The tech industry often overuses acronyms and terms like ERP, HCM, AI, and ML to make mundane concepts seem more exciting.

The term 'ecosystems' has recently gained popularity, referring to collections of people and partners across different domains in enterprise tech.

EY partners Anthony Byrne and Laura Atkinson discuss the true meaning and value of ecosystems in the context of technology and its growth within the broader environment.

The tech industry loves a good acronym or term to describe something that isn’t that interesting in order to make it sound exciting. Examples include ERP, HCM, AI, ML and, of course, the most overused example, digital transformation.

Another term that’s grown in popularity recently which everybody seems to be using to describe collections of people and partners in a variety of different domains, is ecosystems.

An ecosystem in its purest form is meant to be an organic living thing, growing as part of its broader environment. But what does it mean exactly for enterprise tech?

Explore related questions

To find out, EY partners Anthony Byrne and Laura Atkinson talk to ERP Today Live! to answer some questions about the value of ecosystems, along with their own interpretations of technology’s hottest new term.