Whenever I seem to read about Platforms and Ecosystems, it mostly seems to relate to technology-led organizations and how they are continuing to connect us all up in our private lives. We get offered, as leading examples of the disruption that occurs and the connected value, the likes of Uber, Facebook, Apple etc., all bringing new value to transform our world.
Yet for me, the area that is shifting as dramatically is where Industrial organizations are providing platform solutions to solve industrial problems. Good examples are Bosch, Siemens, GE and Schneider Electronics. They are transforming their solutions and clients businesses, through offering digital on top of the existing products, in some highly impressive ways. They are focusing on connecting up their solutions into their client network on platforms to build the industrial internet.
The building of these platforms has taken priority within specific industries to master and progressively transform their business, into a digital connected one. This seems to me, to be so much harder than those like Facebook, Google or Uber. Industrial solutions have had to deal with legacy “big time,” overcome entrenched positions or views and begin to collaborate in highly sophisticated ways, with often very demanding and sometimes skeptical clients. Continue reading