Platform Economy
Definition:
Platform economy is an economic activity generated by the use of digital platforms or technologies; this involves underlying computer systems that host services which allows organizations, customers and clients to share resources, connect and sell products.
Examples include cloud-based SaaS services like Google Docs or Dropbox, or platforms on which organizations can build, such as WordPress.
Part of speech:
noun
Use in a sentence:
The advantage of using a platform economy.