Forbes EMCVoice: What Is The New Sharing Economy?

Forbes & EMC - Version 2Earlier this week my second guest post for Forbes EMCVoice was published. Stepping away from Big Data – the subject of my previous article – I instead took a look at the emerging business model that is the Sharing Economy. Rather than being a new hippy movement that wants to radicalise the economic norm, this is a social movement that disrupts current thinking and has led to a burst of activity in the start-up scene. So much so that it is now have a lasting effect on corporate America. In a time of economic stagnation, the sharing economy is finding value in the excess and the redundant. If you haven’t heard about it, read on. The question isn’t whether this is a fad, it’s not; it’s simply a question of how will it affect your business and what you will do about it.

Here’s a short excerpt:

The start of June saw the influential LeWeb conference make its way back to London. The subject this time around: the new sharing economy. Never shy of investigating emerging trends within the technology sector, the forum’s excursion into what seems to be a more philosophical realm could be viewed as a departure from the norm, but is it? The truth is that the ideas behind the sharing economy have their roots deeply entrenched in technological soil.

‘The Sharing Economy’ — you would be excused if you thought it sounded like the spiritual home of new age digital hippies, or maybe a step up from a barter system — might sound a million miles from traditional capitalist thinking. But in truth it’s a movement born and sustained by three things: the advance of technology, the ongoing economic pressures that face businesses, and the human imperative for simplicity.

Read the full article over at Forbes.

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