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Summary
Momentum is building in the platform economy as more tech companies embrace business models geared toward establishing multisided market ecosystems. Platforms are already delivering meaningful ROI and creating new revenue streams, for mature platform companies and nascent adopters alike. Companies eager to amplify the value generated through their platform business models can set their sights on more transformational ambitions, bring voices from across the enterprise to the table for strategy formulation and execution, anticipate and clear tax and regulatory hurdles, and explore new partnerships and alliances that could act as platform force multipliers.