Strategic Framework for Industrial Internet Platforms PPT

This PPT slide, part of the 25-slide Fourth Industrial Revolution: 10 Principles of Technology Control PowerPoint presentation, outlines the significance of platforms in the context of the industrial internet revolution, emphasizing their role as a foundation for interaction among vendors and customers. It introduces 3 primary roles that organizations can adopt: Platform Enabler, Platform Engager, and Platform Enhancer.

The Platform Enabler is described as the entity that builds and owns the foundational infrastructure, akin to mega-hubs like GE. This role is crucial for establishing the necessary standards and systems that facilitate interoperability. The Platform Engager focuses on customers utilizing the platform to access products and services, highlighting the importance of customer interaction in driving platform value. The Platform Enhancer is characterized as a developer of new technologies that operate on the platform, providing innovations that can be sold to both enablers and engagers.

The slide also presents 3 strategic elements essential for firms aiming to become platform enablers. First, organizations should prioritize digitizing their internal operations to serve as their own platform provider. This foundational step is critical for leveraging the platform's capabilities effectively. Second, firms are encouraged to seek efficiencies and enhance existing technologies, which can improve overall operational effectiveness. Lastly, the slide stresses the importance of continuous improvement through cost reduction strategies, such as utilizing sensors and analytics to refine offerings and lower expenses.

Overall, the content suggests that while the journey toward effective platform building is still in its early stages, companies like GE and Siemens are already making strides in this area. The insights provided can guide potential customers in understanding how to strategically position themselves within the evolving industrial landscape.

This slide is part of the Fourth Industrial Revolution: 10 Principles of Technology Control PowerPoint presentation.

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