There’s a lot of buzz—good and bad—around the “sharing economy” right now. The top seven sharing economy companies had a combined market capitalization of US$113.5 billion in 2015, accounting for 83 per cent of the total valuation of all billion-dollar-plus companies in the sector, according to a February analysis by industry data collectors Jeremiah Owyang and Philippe Cases.
This new economy is undoubtedly triggering a business and IT transformation across all industries, and the results are visible to all of us in our daily lives, whether it’s using Uber for rides across town, or Airbnb for our next vacation.
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