Business Ecosystem Profiling Visualization with Data Analytics: A Review

Abstract

In business fields, an ecosystem,which isa shared environment consisting of organizations, individuals, resources, and technologies that are dynamically interconnected,is needed to provide and deliver emerging innovations and sustain competitive advantages. This articleprovides a thorough,systematic,and structured review of several frameworks of business ecosystems and their functioning. It also covers how data analytics can enhance ecosystem profiling by integrating it into these frameworks. Additionally, by considering advanced methodologies,this article highlightshow actionable insights can be gained in the different operations and applications,from market analysis to risk management. Also, this review showcases several visualization tools that can be used to view complicated ecosystem structures, which helps employers to explore, analyze, and visualize data effectively. Finally, the articlediscussesthe strengths and weaknesses of these tools and also offerssome insights that can enhance decision-making in the emerging trends in the business ecosystem.