DIGITAL ECOSYSTEMS AND BUSINESS MODELS: SMART EXAMPLES FROM THE - - PowerPoint PPT Presentation

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DIGITAL ECOSYSTEMS AND BUSINESS MODELS: SMART EXAMPLES FROM THE - - PowerPoint PPT Presentation

DIGITAL ECOSYSTEMS AND BUSINESS MODELS: SMART EXAMPLES FROM THE SMART HOME SECTOR ANDREA CARUGATI AARHUS BSS ANDREA CARUGATI ASSOCIATE-DEAN FOR DIGITALIZATION AGENDA Define Ecosystems Ecosystems drivers Examples from the smart


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ANDREA CARUGATI ASSOCIATE-DEAN FOR DIGITALIZATION

DIGITAL ECOSYSTEMS AND BUSINESS MODELS: SMART EXAMPLES FROM THE SMART HOME SECTOR

ANDREA CARUGATI AARHUS BSS

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AGENDA

Define Ecosystems

Ecosystems drivers

Examples from the smart home market

Strategies to participate in ecosystems

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ECOSYSTEMS?

 Technology ecosystems are product platforms defined by core

components made by the platform owner and complemented by applications made by autonomous companies in the periphery.

 Ecosystems offer a larger system of use than the original platform

  • wner created.

 The value of an ecosystem is larger than the sum of the single parts.  Innovation happens outside the platform  Assets are outside the platform

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ECOSYSTEMS

 Ecosystems create customer dependencies.  Customers make decisions about products based on whose

ecosystem they want to be a part of. They commit to, and invest in, ecosystems that can integrate seamlessly with their personal and work environments.

 Customers will invest in the ecosystem – not in products.

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WORKS WITH …

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GOOGLE VISION FOR THE THOUGHTFUL HOME

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ECOSYSTEM “SHAPES”

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OPTIONS IN THE ERA OF ECOSYSTEMS

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VALUE GENERATION IN ECOSYSTEMS: DATA

7 billion people and more than 30 billion devices connected to the internet by 2020,

Digital platforms — wherein participants with different goals and objectives are connected

  • n a commission basis — will be the mechanisms to mediate relationships in ecosystems.

Ecosystems enable companies to exchange products and services for information or

  • analytics. It’s important to understand the changing definition of “value” that ecosystems

create.

Value: data, monetary, reputation, services, privacy (dynamically leveraged)

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CONCLUSIONS

 Understand or define your ecosystem  Move out of the supplier box  Position your organization to be an ecosystem driver – possible?  Position your organization to be a modular producer – safer bet?  Insure value creation and generation

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