Research UpdateAnalyst: Phocuswright Research
In 2011, Marc Andreessen, co-author of the first widely used web browser (since turned venture capitalist) famously proclaimed that "software is eating the world," observing that global economies were shifting from being hardware-based to software-based. Fast forward just a few years, and this saying already requires an update: Platforms are eating the world. Platform companies have come to command, and perhaps even monopolize, the business landscape. The question for the travel industry is: Is travel also a winner-take-all game?