Value of Internet of Things platforms
How to create a winning platform in a rapidly changing digital environment
With plentiful resources, but unclarity on how to bring everything together, companies in the IoT ecosystem need facilitators – namely Platforms – to make optimal use of the available technological raw materials.
Platforms can offer a powerful new business model, illuminating a way to potentially create exponential value from IoT. As with any new approach or business model, however, companies looking to create an IoT platform might face significant challenges and barriers to success.
This article will guide you through the questions why these platforms are necessary and how these IoT platforms create significant value. Additionally, a comprehensive overview will be provided on how these platforms operate and how to create a winning platform in a rapidly changing digital environment. If successful, the platform will be able to create an ecosystem in which multiple positive network effects create an optimal environment for its members to take advantage of the IoT technology
Do you want to know more on IoT? Please contact Daan Witteveen at +31 (0)88 2880236