The Ernst & Young (EY) study revealed that collaborative consumption and the sharing economy have been rising in South-East Asia, driven by the region’s average internet penetration of 63% and a growing tech-savvy middle-class population that is moving up the socio-economic ladder. This development paves the way for sharing models across different sectors such as mobility, travel and hospitality, as well as real estate. It also highlighted areas that organisations need to consider when navigating digital ecosystems, including evaluating the organization's digital ecosystem maturity. Organizations should also define their business model that is based on different parameters, namely the nature of the ecosystem, the scale of industry partnerships and the revenue model, the business model it will undertake as a digital ecosystem participant. The report noted organizations should identify the most suitable role to undertake whether they want to be a digital ecosystem orchestrator, partner or enabler. .

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The Malaysian Reserve