ELI5: Explain Like I'm 5

Uberisation

Hi there kiddo, have you ever heard of a company called Uber? No? Well, they are like a taxi service where you can use an app on your phone to call a car to pick you up and take you where you want to go. That's what we call "uberisation".

Uberisation is when a company uses technology to make services more accessible, fast, and convenient for customers. That means instead of doing things the old-fashioned way, where you had to wait in line to use a service, they use a simple app on your phone.

It's not just about Uber, though! There are many other companies that have been "uberised," such as Airbnb and TaskRabbit. With Airbnb, you can quickly find someone who's renting a spare room, and with TaskRabbit, you can hire someone to do small jobs for you like clean your house, fix a shelf or you name it.

Overall, the uberisation concept helps to make life easier and more convenient for everyone. It's like having your own personal assistant right at your fingertips, always ready to help you out with whatever you need!