Objective for this module: Develop a partnership model for a tech ecosystem based on your business architecture

Exercise:  Circklo's framework to develop your business architecture.  (to complete the exercise, go to the Miro Board and look for the framework for Module 4)

Why do starts-ups that are part of tech ecosystems can scale up faster than their counterparts? 

The concept of ecosystem is primarily a concept that derives from nature and explains the interconnectivity between the various parts of a system.

The business world adopted the term ecosystem to describe the relationship amongst various players within a collaborative environment.

Advanced technology like Artificial intelligence, Blockchain, Internet of Things, Geofencing, Gamification, Reverse algorithms, Robotics, Swarm Intelligence or Semantic Search are some of the examples of current highly collaborative technological progress. These technologies are part of Tech Ecosystems.

A tech ecosystem can be defined as an interconnected and interdependent network of diverse entities coming together to spur innovation in the tech environment pertaining to products and services in a sustainable manner.

If you are a tech business or a digital service business, you need to be part of one or more tech ecosystems.

Material to develop your critical thinking:

• Mentor interviews (Yasmin Sharp)