The latest trends are showing that the world is moving towards a platform economy. The biggest corporations, such as Amazon, Facebook or Etsy are offering platform as a service, and one of the key elements to their business model are APIs.
Over the past 10 years, 50 oer cent of the global Fortune 500 companies have changed. Some of them even went out of business, resulting in structural changes in the employment market and economy as a whole. In the globalised world even monopoly companies in a country aren’t safe, as international corporations are penetrating all markets. How can Maltese companies stay competitive and profitable in this environment?