Jul 022017
One of the greatest business disruptors in recent years has arguably been the rise and exponential growth of the “sharing economy.” An EY report on the sharing economy defines it as comprising new business models empowered by multiple disruptive technologies (i.e. cloud-based collaborative apps riding on high bandwidth, always-on mobile networks and the web) that exploit previously inaccessible information to instantaneously match consumer needs to idle capacity to create economic efficiencies.