Data-sharing masters : how smart organisations use data ecosystems to gain an unbeatable competitive edge
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<subTitle>: how smart organisations use data ecosystems to gain an unbeatable competitive edge</subTitle>
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<abstract displayLabel="Summary">For the latest Capgemini Research Institute report, Data-sharing masters: How smart organisations use data ecosystems to gain an unbeatable competitive edge, we spoke with 750 industry executives in 12 countries and over 30 industry experts and academics. We found that data ecosystems improve customer satisfaction, provide new revenues, boost productivity, and help reduce costs - giving data-sharing masters a strong upper hand but leaving late movers at risk of disruption and disintermediation. In fact, 48% of organisations plan to launch new data ecosystem initiatives and 84% of them will do so within the next three years. Data ecosystems have the potential to generate 2-9% of annual revenue as cumulative financial benefits over the next five years for an organisation of $10 billion in revenue. Moreover, organisations involved in more collaborative data ecosystems have the potential to drive an additional 10 percentage points of financial advantage (including new revenue, higher productivity, and lower costs) in the next three years over their less collaborative peers.</abstract>
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