Epic EHR Systems: The Role of Network Effects
Epic’s use of perverse network effects to lock in users may be its downfall…
Epic’s use of perverse network effects to lock in users may be its downfall…
After decades of dominating the financial data market through strong network effects, the Bloomberg Terminal may be facing some serious competition from its own community of users.
WhatsApp has the potential to leverage extremely sticky network effects for untapped revenue potential
The GoPro Camera Platform utilized direct network effects to grow its user base, while utilizing indirect network effects to defend against large competitors.
Lending Club is the world’s largest online marketplace for connecting borrowers and investors. Through its innovative online platform, the company is able to pass on a portion of its savings to investors and borrowers because of its substantially reduced need […]
Spotify's music streaming model leverages growing network effects to (hopefully) save the struggling music industry.
Open-Table was the first mover into the online and mobile restaurant reservation space and is still the industry leader. The space is strongly influenced by network effects, which OpenTable is hoping to leverage to capture even more value and cement its spot at the top.
In an industry where a large member base is critical for success, competitors FanDuel and DraftKings battle it out for user dominance using creative customer acquisition techniques.
Flatiron Health is powering the most advanced cloud-based oncology software to support cancer care. It received $130 million from Google Ventures in 2014. Since, Flatiron has embarked on an exponential growth track pulling thousands of the best oncologists and cancer centers in the world to the platform.
Chicago-based Belly Card (commonly known as Belly) is rapidly transforming customer loyalty space for SMBs and may soon make store-specific loyalty cards obsolete. Belly’s tremendous growth epitomizes what is possible by leveraging multi-sided, localized network effects, silly name be damned.