
Full Answer
How can companies benefit from the extensible nature of platforms?
Another way that a company can benefit from the extensible nature of a platform is when they are looking to leverage different third-party solutions such as integrations, APIs, data management, cloud products and platforms integration, etc.
What makes a platform effective?
To be effective, your platform has to be able to keep up with the times. Extensibility ensures that you can continuously implement new ideas and technologies at the drop of a hat without having to do an entire overhaul.
What are the benefits of an extensible business model?
An extensible business model has many benefits for the business. For example, it increases productivity, improves customer satisfaction, and increases efficiency. Businesses can benefit greatly from flexibility.
What is extensibility and why do you need it?
Having an extensibility platform not only allows companies to build and run solutions that address needs beyond the standard product but also allows them to bring innovation trends to those same solutions without risking their ongoing operations.

How can the extensibility of a platform benefit?
The extensibility of a platform can benefit the platform owner. Having an extensibility platform not only allows compnies to build and or run solutions that address needs beyond the standard product but also allows them to bring inovation trends to those same solution without risking their ongoing operations.
How can the extensibility of a platform benefit a business by expanding?
Explanation: Having an extensibility platform not only allows companies to build and run solutions that address needs beyond the standard product. But also allows them to bring innovation trends to those same solutions without risking their ongoing operations.
How can the extensibility of a platform benefit a business by having clear requirements that will not change throughout the platform's lifespan?
by expanding the number of users a platform can support. by quickly and easily adding features as the platform grows. by having clear requirements that will not change throughout the platform's lifespan. by allowing customers to log in to the platform through an internal system.
Which describes a platform Brainly?
Answer: In IT, a platform is any hardware or software used to host an application or service. An application platform, for example, consists of hardware, an operating system and coordinating programs that use the instruction set for a particular processor or microprocessor.
What is a platform used for?
In IT, a platform is any hardware or software used to host an application or service. An application platform, for example, consists of hardware, an OS and coordinating programs that use the instruction set for a particular processor or microprocessor.
How can an organization customize and extend the functionality of a platform?
Answer. Answer: By interacting with its APIs to develop extensions and tailor existing functionalities to the needs of the organization.
What does platform extensibility mean?
Platform extensibility means that a user can extend a software platform without having to modify the original codebase. So, users add to the base functionality, thereby offering new capabilities and outputs. Traditional software architecture was developed for linear, single-use production.
How do you get extensibility?
In an ideal extensible system, adding new behavior involves strictly adding new code without changing existing code. Adding new behavior to an extensible system means adding new classes, methods, functions, or data that encapsulate the new behavior (figure1).
What is extensibility in cloud?
Extensibility is a software engineering and systems design principle that provides for future growth. Extensibility is a measure of the ability to extend a system and the level of effort required to implement the extension.
How can Migrating to an enterprise platform solution help business improve employee productivity?
Migrating to an enterprise platform solution helps a corporation enhance employee productivity by freeing up employees' time to focus on key business operations.
What describes a platform in enterprise?
Answer: It is a platform that directly connects a supplier with a consumer through a social networking interface to complete end-to-end business.
What is core function of an enterprise platform?
The core function of an enterprise platform is that it connects the supplier with the consumer. An enterprise platform provides tools which are effective for an effective communication. It helps in optimizing a business. An enterprise platform handles customer relationships.
How Can The Extensibility Of A Platform Benefit A Business?
To understand How Can The Extensibility Of A Platform Benefit A Business, we need to consider the extensibility of a platform.The extensibility of...
What does extensibility mean?
A component or module's extensibility refers to its ability to be extended without affecting its basic function.A term often used in building softw...
How can a business benefit from extensibility?
An extensible business model has many benefits for the business. For example, it increases productivity, improves customer satisfaction, and increa...
Why having a platform is important?
The importance of an extensibility platform lies in its flexibility. The business processes can adapt to the needs of their organization instead of...
What is the role of a platform?
A platform is a tool that helps users create and manage their own work.This is something Etsy does by connecting buyers and sellers. You can sell a...
Transform Your Business with an Extensible Billing Platform
There is a clear need for a new approach to billing, as companies must be able to deploy disruptive business models and pricing tactics easily. However, implementing transformation requires an extensible platform-based solution.
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What is extensibility in a platform?
Extensibility ensures that you can continuously implement new ideas and technologies at the drop of a hat without having to do an entire overhaul.
Why is extensibility important?
Extensibility ensures that you can continuously implement new ideas and technologies at the drop of a hat without having to do an entire overhaul.
What is extensibility in ERP?
Extensibility is a software engineering and systems design principle. It’s defined as a process where the implementation of a specific technology takes future growth into consideration. Unfortunately, too many ERP software publishers are focused more on selling software now than on ensuring and helping drive the future growth of their customers.
Why can't businesses afford a system?
Unfortunately, oftentimes these businesses cannot afford such a system because they’re having to choose between acquiring that system or investing in more inventory or human capital. This puts many of these businesses between a rock and a hard place.
