commodification

(redirected from Commoditise)
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Related to Commoditise: commodify

commodification

the process by which goods and services are increasingly produced for the market. Compare SUBSISTENCE ECONOMY.
References in periodicals archive ?
This design, announced at the world's largest mobile trade show in Cannes, France, sent shockwaves through the industry as many feared the two could commoditise mobile phone technology in the same way they had done with personal computers where the duo dominate in key operating software and microprocessors.
With its standards-based approach, it commoditises IT infrastructure costs so organizations can deploy, manage and operate business applications' workloads and web services in a virtual, heterogeneous operating environment.