Platform Ecosystem
A network of products, services, and third-party applications that extend the functionality of a core platform. The platform provides the infrastructure — APIs, billing, security, distribution — while external developers build specialized solutions. The ecosystem increases the core product's stickiness and expands its addressable market, generating upsell opportunities that the platform owner does not need to build or sell directly. The health of an ecosystem depends on fair governance, clear rules, and a genuine commitment to developer and customer success. When well-managed, the ecosystem becomes a self-reinforcing flywheel of value creation and revenue growth.
Example: Salesforce AppExchange allows third-party vendors to build industry-specific applications on top of the core CRM, generating billions in ecosystem revenue and deepening customer relationships.