Today, platform companies like Amazon, Alibaba, Apple and Google dominate our economy. In fact, eight out of the ten most valuable companies worldwide are built upon a platform business model. It is also evident that many more platforms are on the rise. They have the potential to [...]
Equipment as a Service (EaaS) is a major paradigm shift for many enterprises in the industrial sector. More and more industrial companies have started to bundle their products with services and offer product-service systems. Thereby, they do not only sell equipment, but offer comprehensive solutions that solve [...]
The IoT Profit Cycle is the result of a multi-year research project together with 31 companies. As a fundamental performance management tool, it transfers the core idea of the Balance Scorecard to the IoT domain. The IoT Profit Cycle is based on four fundamental perspectives that are [...]
Across all industries, smart, connected products are changing the way companies create and capture value. Smart agriculture, smart city, smart manufacturing, smart home, smart health and fitness - intelligent, connected products will affect all industries and areas of life. This emerging generation of products is based on [...]
Our research provides theoretically and practically grounded assistance to companies that are today engaged primarily in non‐digital industries in the development and implementation of business models that use the Internet of Things. To that end, we investigate the role of the Internet in business models. The [...]
More and more companies recognize the Internet of Things (IoT) as a game changer within their industries. The IoT represents the vision that every object and location in the physical world become part of the Internet. More specifically, the key novelty of IoT solutions lies [...]
In light of emerging digital technologies, executives across industries are challenged to rethink current business models, including their companies’ organizational structures. To meet future customer expectations, in particular large manufacturing companies aim to integrate two so far distinct worlds: the physical world (i.e. the design, [...]
