Strategic Framework for Fully Tethered Platforms PPT
This PPT slide, part of the 33-slide Digital Platform Strategy PowerPoint presentation, outlines the concept of a Fully Tethered Platform, emphasizing its strategic framework for managing sensor data and platform ownership. It begins with a core principle stating that the essence of this strategy is to maintain direct control over the platform. This suggests a focus on autonomy and self-sufficiency, which can be crucial for organizations aiming to leverage their unique data assets.
In the description section, it highlights that this approach is particularly effective for products that generate sensor data and have limited sharing constraints. This indicates a targeted application, suggesting that companies with proprietary data can benefit significantly from this model. The ability to run an independent platform and manage data exchanges autonomously is a key takeaway. It implies that organizations can create tailored solutions that align closely with their operational needs and customer interactions.
The slide further elaborates on platform ownership, stating that the product company retains full ownership of the platform. This reinforces the idea of control and suggests that companies can innovate and adapt their platforms without external dependencies. The ownership of sensor data is also emphasized, indicating that data is a critical asset that should remain within the product company.
Examples provided, such as Elsevier's digitization of research publications, illustrate practical applications of this strategy. Elsevier's use of collected data to foster collaboration among researchers showcases how organizations can create value from their data. The mention of premium subscription services as a revenue stream indicates a potential for monetization, which could be appealing for companies looking to enhance profitability through innovative data utilization.
This slide is part of the Digital Platform Strategy PowerPoint presentation.
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