I want to relate adoption back to business platforms and anchor it in the process.
Today business platform adoption is a struggle. It needs a clear revisiting of the theory of diffusion and adoption to extract the relevant points of necessary practice.
What is vitally needed is the recognition that deciding on adopting a business platform approach has five stages or decision points to go through.
So often, platform providers automatically go to the assumption that their platform will be adopted. It simply will not without working through and gaining confirmation the five stages of adoption are clarified.
Business Platforms provide the backbone of the Network.
Today we are still caught up in the validation and relevance of managing a business through platform thinking by making the business case of its value and impact. We should not be; it is time for you to hop onto the train.
The ability to present a compelling business case for the use and application of platforms is overwhelming. I think I have well over 100 plus arguments for their use, value, impact and application.
For me, platforms are needed as we face a very different economic landscape.
We need to choose where to focus in the future, where to concentrate our resources and attempt to bridge the fragmentation that is occurring. The world of collaboration, where we can find partners to share and reinforce what we do, is leading to new dynamics of combining.
Platforms are more viable and relevant.
Platforms allow you the opportunity to innovate in very different ways. They can add value through collaborations that can add more to the internal efficiency options through learning and sharing. Platforms help manage the difficulties of transitions we are all undergoing and change how we see the world through a broader collaborative set of lenses.
Siemens Xcelerator Launch with Roland Busch, President and CEO of Siemens AG
A three-part series of posts exploring the what, why and how of Siemens Xcelerator- this is part three– how it does it and why.
This post is about “how Siemens Xcelerator does it and why,” from my perspective.
My aim in three separate posts all linked here is to explore the Siemens Xcelerator, firstly what it is, secondly, what it doesand thirdly, how it does it.
These three posts are “looking into” Siemens. I am looking from the outside to see the value of this launch announcement of the Siemens Xcelerator Digital Business Platform. The launch proposal offers much.
How Siemens Xcelerator does it and why means what?
The stated objective: “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.”
The real key here is the open connections between solutions and all engaged parties in the interactions and transactions.
A Series of Posts exploring the what, why and how of Xcelerator- part two
In this series, I felt there is a need for a deepening or exploring of what Siemens Xcelerator is all about. What are the implications and value opportunities for customers, distributors, partners, or analysts?
My aim in three separate posts all linked here is to explore the Siemens Xcelerator, a new Digital Business Platform, firstly what it is, secondly, what it doesand thirdly, how it does it.
These three posts are “looking into” Siemens. I am looking from the outside to see the value of this launch announcement of the Siemens Digital Business Platform. The launch proposal offers much. The first post I recommend reading provides context to “what Siemens Xcelerator is.”
This post is about “what it does,” from my perspective.
The real key here is the open connections between solutions and all engaged parties in the interactions
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 Xcelerator the new Digital Business Platform, launched 29th July 2022
Today, 29th June 2022, Siemens launched Siemens Xcelerator across its entire portfolio to accelerate digital transformation and value creation for customers of all sizes in industry, buildings, grids and mobility. The business platform makes digital transformation easier, faster and scalable.
Xcelerator is an open digital business platform, that will enable hardware, software and digital services from across all of Siemen’s portfolios and also will bring in certified third parties, to provide a growing ecosystem of partners, provide an evolving marketplace to accelerate the digital transformation and provide interactions and transactions between customers, partners and developers. The really big story is the moving toward an Industrial Metaverse through the power of this Xcelerator platform and its future potential in a new exciting partnership with NVIDIA.
This is a step-by-step transformational journey
Roland Busch, President and CEO of Siemens AG remarked Xcelerator “is the logical next step in the implementation of our digitalization strategy to enable even faster innovation and value creation. Siemens Xcelerator brings the power of our focused technology company together with a thriving ecosystem of technology partners. We are joining together to simplify digital transformation so that customers of all sizes can benefit at speed and scale.”
He went on to state “Siemens Xcelerator will make it easier than ever before for companies to navigate digital transformation – faster and at scale. By combining the real and the digital worlds across operational and information technology, we empower customers and partners to boost productivity, competitiveness and scale up innovations.”
“Our leading portfolio is transformed towards more open applications, with more cloud-based and as-a-service solutions and IoT-enabled hardware that can be constantly upgraded. At the same time, the collaboration will reach a new level with a growing ecosystem of partners.”
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.
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.
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
We are forming in many different ways our greater collection of relationships that matter to each organization, by connecting increasingly in a network of potential partners and collaborators.
The goals are so as to deliver innovative products and services that would not be able to be delivered by only having just the one organization attempting it.
Managing this growing form of innovation complexity is challenging old theories, boundaries, organizations and how they exist going forward.
Ecosystem innovation is more today about managing beyond the immediate known’s found within one organization’s limited focus of the world, they are exploring many of the unknowns that need discovery and then connection.
