The inaugural EY Platform Economy Transformation Study is based on an online survey of 1,000 enterprises in the technology sector. The survey, conducted in January 2023, posed a series of multiple-choice questions, agreement statements and open-response prompts to gauge tech executives’ views on their businesses’ platform strategy. Only companies with a deployed platform strategy or concrete plans to switch to a platform model were included in the survey, and all respondents had detailed knowledge of their company’s platform strategy. Respondents were asked for their insights on establishing or transitioning to a platform business model. Questions covered issues related to strategy development, platform implementation and iteration, and impact measurement. Themes of particular interest in the study included the intended and realized benefits of a platform business model, current and expected ROI, challenges and barriers, network building and ecosystem formation, use of emerging technologies, and workforce considerations.