Industrial Ecosystems | Your Business Ecosystem Resource

Many moving parts to Siemens Xcelerator. Part one – what it is?

September 4, 2022July 6, 2022 by @paul4innovating

Launch of Siemens Xcelerator Digital Business Platform

Siemens has signalled a new journey in a world that seems in a continuous state of flux.

One that needs a more connected ecosystem, portfolio coupled with a robust, growing Marketplace for all to explore, based on the Siemens Xcelerator Digital Business Platform (Website here) that will enable a greater digital transformation and value creation for customers of all sizes in industry, buildings, grids and mobility.

The stated objective is that “Siemens AG has launched an open digital business platform, Siemens Xcelerator, to accelerate digital transformation and value creation for customers of all sizes in industry, buildings, grids and mobility. The business platform makes the digital transformation easier, faster and scalable.”

In a Series of Articles, I will be exploring the what, why and how of Siemens Xcelerator.

I felt there is a need for a deepening or exploring of what Xcelerator is all about. What are the implications and value opportunities for customers, distributors, partners, or analysts?

This post is about “what it is,” from my perspective

Siemens is building a powerful industrial partner ecosystem

July 6, 2022July 4, 2022 by @paul4innovating

The power of the Siemens industrial partner ecosystem is in having partners combining their domain expertise, with the Digital Enterprise portfolio of Siemens to solve real-world challenges and create value for customers. Building a powerful industrial partner ecosystem How do you set about building an open, inclusive ecosystem that enables global knowledge sharing and open … Read more

Siemens launches Xcelerator for navigating the digital transformation

September 4, 2022June 29, 2022 by @paul4innovating

Siemens Xcelerator the new Digital Business Platform, launched 29th July 2022

Building the sustainable industrial innovation pathway

June 24, 2022June 22, 2022 by @paul4innovating

So, what makes industries more sustainable, more responsive and adaptive? How can we build a sustainable industrial capability?

We have entered a far more volatile set of market conditions. Industrial companies are searching for ways to accelerate their digital transformation to keep up with changing demands, managing the increasing complexity and reacting to supply chain challenges.

We are facing up to some of the most significant challenges of our time. Dealing with climate change, we urgently need to rapidly decarbonize in a world where the global industrial sector accounts for 20-30% of global carbon emissions and 1/3 of global energy use.

The imperative is transforming industry towards a greater need to build out a sustainable future as critical to tackling decarbonization in highly collaborative ways through the combination of technology and human ingenuity.

Designing a new business ecosystem for greater innovation

June 13, 2022 by @paul4innovating

The three critical ecosystems combine for sustaining business advantage

Today’s challenge is to build the organizational capacities to be different, sustained and accelerate the critical aspect that innovation, ingenuity and creativity can provide and make sure they are equipped for supporting lasting, sustainable growth that comes from a purposefully designed business ecosystem.

Applying ecosystem thinking offers you the collaborative ability to extend beyond more traditional channels of delivery, often just restricted to only utilizing your existing infrastructure, sales channels and networks of partners. Building a more open business ecosystem allows you to search and build on others’ specialization into that “greater” innovation potential.

Today to set about and build a business ecosystem, the significant application and the use of technology, the cloud and a diverse set of collaborations will increasingly become the mainstream for innovation inputs, accelerants, and the delivery of value.

Gearing up for sustainability in business is becoming core

June 11, 2022May 29, 2022 by @paul4innovating

Sustainability is the new growth core in business change

Sustainability is near the very top or close to the top of any forward-looking board’s agenda. The board is recognizing the growing concerns of several “intertwined issues” that are needing significant recalibrating and is forcing them to think beyond asking “how can we thrive and survive, into how can we build a sustainable pathway for value, growth and impact?”.

Where does our business fit within and alongside society, both in who we serve and society in general, coupled with realising that the planet is heading towards a critical crisis. Today, we need to account for the impacts of heat, flooding, water shortages, health and food issues and what we can do to reduce these pressures? How can each of us make a contribution to becoming more sustainable?

There are growing impact points that are harder to separate, they are increasingly becoming intertwined. The economy for a business to function and be profitable, an environment that is climate and nature friendly and thirdly, the growing considerations for a broader range of people to serve, support or inform the social and corporate values come increasingly together.

We live in a connected world mutually dependent on nature, our environment, in sharing and valuing that we only thrive and survive if we collaborate and cooperate.

The combination effect of ecosystems, platforms, marketplaces and portfolios

June 26, 2022May 18, 2022 by @paul4innovating

Combination effect of combining ecosystems, platforms, marketplaces and portfolios into the organizations future thinking and design

Today we need a completely different type of thinking for designing our business future, one that is highly collaborative, a design thinking approach, to give the “combination effect” of ecosystems, platforms, marketplaces and portfolios.

We need to recognize the value of taking an Ecosystem thinking and design approach.

For far too long business organizations have been trapped in their own silos of thinking and collaborating, achieving only their one perspective of what a market or their customers need

Often this relied on time-consuming research or focus groups and the outcomes were often flawed as the sample size was too small, the market dynamics were evolving and shifting and research of this nature often lags. Also, often executives operate at a significant distance from the market itself to lose that essential contact.

Equally, to quantify the research you often had to make given assumptions or have more advanced prototypes to show and gauge the reaction and thinking. This tended to take you back into a loop of the redesign adding further conflicting views and opinions.

Today we can’t afford such a layered, sequential, and linear system as the competition has become faster, it comes from any point of the globe and advances at a pace it is hard to track and respond to without a highly adaptive, responsive business model design.

We still talk of fast followers and laggards but this has one dangerous assumption, we all want to be like each other and that, will eventually spin us into the race to the bottom.

Ecosystems and Platforms, the new collaborative business need.

May 11, 2022May 10, 2022 by @paul4innovating

Today business organizations are having to face the stark truth, either they adapt or die. If they adapt they accept a need for a radical redesign to extend their organization’s ability to open up in highly collaborative thinking ways. Today there is a real need to seek out higher impact and value opportunities to build a more sustainable business future.

“We are in the era of ecosystem and platforms to be central to our business future”

Changing how organizations have been structured and designed into something different, ones that are open, highly collaborative and sharing ideas and concepts with others to build more sustaining, value-adding business solutions is a significant change that needs to be contemplated and addressed.

It needs bold leadership to undertake a significant transformational journey. Technology offers them the transforming means but can they, as leaders, take their people with them?

Here is why they must:

The viability of building out sustaining business ecosystems and platforms

April 28, 2022April 11, 2022 by @paul4innovating

The viability of building sustaining business Ecosystems

Ecosystems and platforms are the present way to build your business or so we are advised. Yet there is ahead of us potentially the evolving way we take the Metaverse, this might be on the future horizon to take ecosystem thinking into a new direction.

Let’s see will metaverses take our present ecosystem thinking beyond? A metaverse is all the connections between the financial, virtual, and physical worlds that are becoming increasingly linked.

In many ways, the metaverse will combine all aspects of life in one place and become far more of our future platforms. There are commonalities between existing language and practice and the metaverse can extend this out.

For instance in reality, virtually, immersive, in marketplace offerings, in building a stronger blockchain element, having a greater social or customer participation. Marketplaces can decentralize even further what we have, we can interact differently, having more options to stimulate or be creative, and we will continue to build out interoperability and accessibility.

All of this is a “promise yet to come” but not so far away not to consider where the Metaverse might take ecosystem and platform practice into our present thinking.

Stepping back from the promise of what might yet come

A Statement of Ecosystem Intent – the CEO letter often missing

May 8, 2022February 25, 2022 by @paul4innovating

A Statement of Ecosystem Intent – the CEO letter that is often missing but highly essential to have as part of any ecosystem design thinking.

Ecosystems have become a really hot topic. The word “Ecosystem” is getting as much “air time” as the general use of the word “innovation” in business recently.

It generates buzz, it projects the impression you are looking to the future, managing your business in that progressive, outward way, that shareholders and your employees love to hear.

The shift taking place- Ecosystems are entering the lexicon of top management.

It does sound good to talk about “building our ecosystem” in every possible way. You need to ask though, has management actually sat down and defined the type of ecosystem it wants to design, participate in, or become part of? Or does this simply happen, a sort of drifting into, a grand experiment, not connecting all that is truly necessary for such a seismic move, stifling the real progressive sense?

Let’s take a different approach