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The collaborative (or sharing) economy is heating up, with dramatic increases in both the number of startups that employ the model and the number of consumers who use them. In its annual survey on the collaborative economy, Crowd Companies (working in partnership with Vision Critical) has crunched the data to identify (among other things) key opportunities for traditional companies to compete as collaborative-economy companies increasingly threaten to take market share away from them.

In this FIR Interview, Shel Holtz talks with Crowd Companies founder and CEO Jeremiah Owyang about the results of the study, with a focus on the three primary ways businesses can remain competitive as the collaborative economy continues to heat up. Jeremiah and Shel also digress into related topics, including the impact autonomous vehicles will have on both traditional and collaborative companies.

The full report, summarized in a Crowd Companies blog post, is available here. Below is an infographic that summarizes the main competitive opportunities:

Jeremiah helped major companies navigate the first phase of sharing: social media. He’s committed to helping companies through the second phase of sharing, as people share and create the physical world around them. Over the course of his career, Jeremiah has identified big trends before they happen, and helped major companies through the transition.

Jeremiah was a founding partner and research director at Altimeter Group, and currently serves on Altimeter’s on board of advisors. Before that, he was a Forrester Analyst covering social computing for the interactive marketer. Jeremiah was also Global Web Marketing at Hitachi Data Systems, where he launched the social media program Jeremiah has been advising and influencing business leaders globally. Jeremiah is a professional speaker and keynotes business conferences around the globe. His online publications often receive over 100k views from his blog, Web Strategy.

About Shel Holtz

Shel Holtz, ABC (Accredited Business Communicator), is director of Internal Communications at Webcor, a commercial general contractor headquartered in San Francisco. Before joining Webcor, Shel spent 21 years as principal of Holtz Communication + Technology. In addition to integrating technology into communications strategies, his expertise includes strategic communications planning, change management, organizational culture, business initiatives and communications research. Full bio