The power of the digital platform business model
Digital drives constant change. We live in dynamic times where speed and agility are becoming an essential part of business DNA; along with the need to navigate uncharted waters with limited resources and without certainty of where to invest to generate future growth.
It’s time to adopt a digital platform mindset. This requires companies to abandon the linear value-chain and expand to multi-party business models that are built on ecosystem innovation and collaboration.
The most successful companies in the world are adding digital platform business models to their mix.
Senior leaders know that ecosystems are key to business model innovation and unlocking new sources of digital revenue growth. But not nearly enough is being done to seize the opportunity. New BearingPoint research shows that not enough organizations are focusing on the resources and technology choices necessary to make effective partner ecosystems a reality.
A digital platform business model is how an organization enables a business ecosystem to create value and generate revenue. Moving from fixed and linear value chains to multi-sided interactions between the members in the ecosystem cultivates innovation and drives new ideas and offerings.
In a world where few innovations are created solely in-house, the co-innovation model helps you better serve customers, increasing satisfaction and stickiness, and leads to revenue growth, network effect and economics that are far harder to copy.
*Diagram based on Amazon's Flywheel
Digital disruption has left leading companies struggling to sustain growth and competitive advantage. Groundbreaking research has uncovered the root cause of this. Click here to download the world|s first AI/based analysis of the top 3500 publicly traded companies in Europe and the US, revealing how traditional firms can accelerate growth.
Digital is changing the rules of the economy; new technologies are emerging at speed, customer expectations are changing dramatically, and new players are disrupting the value chain. While many companies are embarking on a digital transformation journey, each and every industry has its own unique challenges to understand and opportunities to grasp. Read more
The ecosystem is becoming a more dominant force in Communications Service Providers’ (CSPs) future success. Find out how a telecommunications business, powered by a digital platform can be at the cutting edge of innovation with new services, strategies and business models.
This industry is expected to be at the spearhead of the transformation towards digital business. Find out how IT and technology companies can utilize the ecosystem to provide cutting edge innovation and deliver exceptional user experience.
Media and entertainment consumption is increasingly becoming a way to further enhance people’s lives. Players using an ecosystem of partners offering enhanced solutions to meet customer needs can discover new ways of monetizing content and enter new markets to make the most of this opportunity.
Autonomous driving, electrification and green energy are redefining the concept of vehicles, transport and driving experiences. Through building the right ecosystem, automotive players can uncover new ways to monetize these opportunities.
We work together with you, linking methodology from BearingPoint’s digital strategy, with the technology of our award winning Infonova platform to quickly identify your needs; translate them into viable offerings; test them in the market; refine; launch and expand with minimum risk and cost. Read more
A cloud-based digital platform designed to help you drive new revenue by co-inventing and co-innovating within a partner ecosystem.
A solid foundation for CSPs who wish to capture new digital services opportunities and embrace new platform business models.
An advanced cloud billing platform designed to help you transition from selling products to Anything-as-a-Service offerings.