What Is a Platform?
A platform is a type of technology that provides the foundation for applications, services, and other types of software to be built upon. It typically includes an operating system (OS), hardware components such as processors and memory, and various development tools. Platforms are used by developers to create new products or services quickly without having to start from scratch each time. This allows them to focus on creating innovative solutions rather than reinventing the wheel every time they need something new.
Platforms can also refer to digital marketplaces where users can buy or sell goods or services online. These platforms provide a secure environment for transactions between buyers and sellers while also providing access to analytics data so businesses can better understand their customers’ needs and preferences. Popular examples include Amazon Marketplace, eBay, Etsy, Shopify, Uber Eats, Airbnb Hosts & Guests marketplace etc., which have revolutionized how people shop online today.