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A new system is progressively penetrating all sectors of World Economy: It is called Sharing or Collaborative Economy. Exceptional success stories such as Airbnb, Uber and many other growing concepts that developing in worldwide businesses are inspiring and intriguing at the same time.A 2014 study by PricewaterhouseCoopers, which looked at five components of the sharing/collaborative economy: travel, car sharing, finance, staffing and streaming. found that global spending in these sectors totalled about $15 billion in 2014, which was only about 5% of the total spending in those areas. The report also forecasts a possible increase of "sharing economy" spending in these areas to $335 billion by 2025, which would be about 50% of the total spending in said five areasAt smartbridging, our role is to raise awareness about this ongoing economic revolution and the required change strategies every institution has to design and ultimately implement.
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