Market Disruption > Suppliers and Partners
Coopetition helps companies achieve economies of scale, penetrate new markets, strengthen market positions, and provide unique value propositions
Coopetition helps companies achieve economies of scale, penetrate new markets, strengthen market positions, and provide unique value propositions
Illustrative Disruptions
- Economies of scale – Enabling competitors to achieve scale economies quickly and effectively, leveraging others' assets instead of building their own
- New markets – Penetrating new markets more efficiently through joint efforts
- Strengthened positions – Improving market position of both companies by focusing on what each does best
- Best of both worlds – Combining companies' strengths and value propositions to provide market with seamless, best-in-class offerings, increasing customer loyalty and retention, as well as opening up upsell opportunities
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Amazon and over 30 companies formed Voice Interoperability Initiative to enable users to access multiple voice assistants from connected devices October 3, 2019 |
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Crypto exchange Binance launched government-approved stablecoin Binance USD (BUSD) in partnership with blockchain and cryptoasset firm Paxos Trust Company September 23, 2019 |
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Technology companies Google, Facebook, Microsoft, and Twitter formed collaboration that will make user data portable and transferable between service providers July 24, 2018 |
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Graphics chip company NVIDIA and semiconductor firm ARM collaborating on incorporating AI capabilities into Internet-of-Things devices April 6, 2018 |
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Rivals Intel and AMD bring together Intel processor and AMD Radeon graphic chip to build slim, portable laptops for hardcore gamers November 7, 2017 |
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