Effectively identifying, integrating and managing third-parties to help increase speed to market, reduce costs, mitigate risks and supplement capability gaps in delivering the customer promise are some key goals for the connected enterprise.
Building partnerships and alliances can help your company deliver a competitive edge. By finding the right partners and establishing effective communication and data sharing, you can help extend your business’s growth into new markets. The success of these partnerships will likely require a more fluid, flexible model of business for your company, people and systems.
You can create that environment by building networks of partners and alliances, aiming to ensure their systems can talk to each other through application programming interfaces (APIs) and carefully managing how everything works together.