Baby steps: Are profitable platforms now a permanent fixture?

PROFITABLE PLATFORMS

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For the first time ever the platform industry nudged into collective profitability last year. But was this a one-off or the start of the industry's permanent move into the black

The platform market reached an history milestone in 2012 - it collectively went into profit for the very first time, according balance sheet analysis by Altus Consulting. Altus, having previously warned that the industry was in danger of never approaching profitability, found that overall profitability was in fact achieved last year (albeit at a minimal level). Now the question is: do these latest figures suggest platforms have moved into a sustainable position of cost-effectiveness or is 2012's success likely to prove the exception rather than the rule? Record breakers Many indi...

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