The term 'digital ecosystem' refers to a complex network of interconnected digital systems, services, and applications that work together within an environment. This ecosystem includes devices, software, data, users, and third-party services, fostering interactions that enable businesses to operate efficiently. The concept emphasizes collaboration between various stakeholders and technologies to drive innovation and create value. It highlights the importance of interoperability and adaptability in a constantly evolving digital landscape, allowing businesses to leverage shared resources and insights across platforms.