Platform Business Models and Internet of Things as Complementary Concepts for Digital Disruption

Currently, almost all industries are undergoing a fundamental transformation, based on the approach that everything that can be calculated will be calculated. This more and more leads to a digitalization of the world where software becomes more and more the key success factor also in many brick-and-mortar businesses and change appears more as disruption as evolution. A core concept and business model for the new age is the platform concept. In practice, companies like Airbnb, Facebook, LinkedIn, and Uber are examples of this platform business model. In management theory, the platform model is still in a very early stage of discussion.

[1]  Oliver Mack,et al.  Perspectives on a VUCA World , 2016 .

[2]  Andrei Hagiu,et al.  Multi-Sided Platforms: From Microfoundations to Design and Expansion Strategies , 2007 .

[3]  K. Boudreau,et al.  How to Manage Outside Innovation , 2009 .

[4]  Hal R. Varian,et al.  Information rules - a strategic guide to the network economy , 1999 .

[5]  Remco M. Dijkman,et al.  Business models for the Internet of Things , 2015, Int. J. Inf. Manag..

[6]  M.A. Cusumano,et al.  The elements of platform leadership , 2003, IEEE Engineering Management Review.

[7]  J. Ross,et al.  Beyond the Business Case: New Approaches to IT Investment , 2002 .

[8]  S. Winter,et al.  The Co-evolution of Capabilities and Transaction Costs: Explaining the Institutional Structure of Production , 2005 .

[9]  A. Gawer,et al.  How Companies Become Platform Leaders , 2008 .

[10]  P. Senge.  The fifth discipline : the art and practice of the learning organization/ Peter M. Senge , 1991 .

[11]  In Lee,et al.  The Internet of Things (IoT): Applications, investments, and challenges for enterprises , 2015 .

[12]  R. Kurzweil.  The age of spiritual machines: when computers exceed human intelligence , 1998 .

[13]  Rüdiger Zarnekow,et al.  Evaluating Platform Business Models in the Telecommunications Industry via Framework-based Case Studies of Cloud and Smart Home Service Platforms , 2014, Americas Conference on Information Systems.

[14]  Julian Wright,et al.  Multi-Sided Platforms , 2015 .

[15]  R. Coase.  The Nature of the Firm , 1937 .

[16]  Michael A. Cusumano,et al.  Technology strategy and managementThe evolution of platform thinking , 2010, CACM.

[17]  Michael A. Cusumano,et al.  How traditional firms must compete in the sharing economy , 2014, Commun. ACM.

[18]  Eleonora Borgia,et al.  The Internet of Things vision: Key features, applications and open issues , 2014, Comput. Commun..

[19]  M. Porter,et al.  How Smart, Connected Products Are Transforming Competition , 2014 .

[20]  Antonio Iera,et al.  The Internet of Things: A survey , 2010, Comput. Networks.

[21]  Annabelle Gawer.  What Managers Need to Know about Platforms , 2011 .