Vertical Integrators: Part II
In a famous 1951 paper, Nobel Laureate George Stigler argued that this proposition implies that “vertical disintegration is the typical development in growing industries, vertical integration in declining industries.”
David S. Evans • Invisible Engines: How Software Platforms Drive Innovation and Transform Industries
When the basis of competition changed away from pure processor performance to a low-power system the chip architecture needed to switch from being integrated (Intel) to being modular (ARM), the latter enabling an integrated BlackBerry then, and an integrated iPhone four years later. More broadly, breaking up a formerly integrated system — comm... See more
stratechery.com • Netflix and the Conservation of Attractive Profits - Stratechery by Ben Thompson
We believe the future of B2B marketplaces starts with vertical SaaS solutions. These initially look like software-enabled workflows that streamline operational inefficiencies between supply and demand, making online transactions possible where previously they may not have been.