Ecosystem Design in the
Age of Smart Systems
COLLABORATIVE INNOVATION EXTENDS BEYOND IDEAS ABOUT NEW PRODUCTS AND SERVICES TO THE MANNER IN WHICH BUSINESS IS CONDUCTED
Scroll to access the full insight
Alliances, ecosystems and collaborative development are hardly new but as rapidly evolving developer and innovator communities embrace new computing architectures that leverage the data and information from intelligent sensors, machines and assets, radical new modes of value creation are emerging.
The key to accessing and leveraging the data necessary to inform new applications in a data-services economy is the formation of collaborative communities which bring complimentary systems, players and data streams together to benefit diverse users. Ecosystems, collaborative communities and new value networks will be self-organized by people who are motivated to explore and develop ideas they care deeply about.
New technologies to enable collaborative innovation will extend beyond ideas about new products and new services to the very manner in which business is conducted. Open collaborative communities and ecosystems will be designed and driven by many diverse and often unfamiliar stakeholders and businesses; what we like to call “strange bedfellows.” The era of “flying solo” is over. The drive to partner with emergent start-ups and developer communities presents enormous cultural challenges to product OEMs that have built monolithic after-market monitoring, services and parts businesses based on closed, proprietary “command and control” technologies.
Please fill out the form below to download our related Insight file.