4.7 GLOSSARY

Ecosystem: An ecosystem is a large community of living organisms (plants, animals and microbes) in a particular area. The living and physical components are linked together through nutrient cycles and energy flows. Ecosystems are of any size, but usually they are in particular places.

Digital Ecosystem: A digital ecosystem is a group of interconnected information technology resources that can function as a unit. Digital ecosystems are made up of suppliers, customers, trading partners, applications, third-party data service providers and all respective technologies.

Software Ecosystem: Software ecosystems are “a set of businesses functioning as a unit and interacting with a shared market for software and services, together with relationships among them.”

Infrastructure Ecosystem: It consists of a huge number of interconnected networks, computing and storage facilities owned and operated by a number of autonomous market actors.

Digital Ecological: “A closed set of digital and non-digital artifacts and a user acting as nodes of a network where its boundaries are specified by an activity and the structure and patterns of organization are either user and/or designer defined.

Digital Business: Digital business is the creation of new business designs by blurring the digital and physical worlds.

Information Ecology: Information ecology is a holistic study of information processing systems in the context of their surroundings by explicating patterns of, processes in and interrelationships between these systems and their components in the context of their environment.

Digital Business Ecosystem: Digital Business Ecosystem as a free, open source and distributed software platform, based on internet technologies, has enabled entrepreneurs specifically the small and medium entrepreneurs to create integrate and provide products and services more efficiently and more effectively.

ICT: All kinds of electronic systems used for broadcasting telecommunications and mediated communications.

Licensed under the Creative Commons Attribution Share Alike License 4.0

Made with eXeLearning (New Window)