Siemens Xcelerator- part three- how it does it and why.

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 does and 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.

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Siemens Xcelerator Part Two- what it does

Siemens Xcelerator Digital Business Platform

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 does and 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

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

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

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Siemens launches Xcelerator for navigating the digital transformation

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.”

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Designing a new business ecosystem for greater innovation

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. Continue reading

The combination effect of ecosystems, platforms, marketplaces and portfolios

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. Continue reading

Ecosystems and Platforms, the new collaborative business need.

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: Continue reading

Building trust in community relationships offers much

Trust, dialogues and relationships often lead to new breakthrough ideas

There is a realization today, far more than in the past, that greater trust in relationships builds not just from projecting forward aspirations and values, but also in gaining a greater community involvement.

This greater community involvement often leads to new collaborative breakthrough ideas not possible without this open sharing.

For example, if a business addresses its environmental footprint and works to change its social impact in ways to protect our planet it gains clear identification and association.

Trust comes from connecting shared values and providing the narrative of how this journey will be undertaken and asking others to help build this in collaborative engagement and shared platforms. Continue reading

The viability of building out sustaining business ecosystems and platforms

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 Continue reading

A case for change; thinking out the evolution of platforms and ecosystems

What we offer today needs a change in emphasis of thinking out the evolution of platforms, into ones that are designed for building out thriving business ecosystems for all to collaborate around and build together.

I argue today, we need to change our stories into ecosystem thinking ones.

We need to shift our platform rhetoric into a vastly different one, one based on building the Ecosystem story, well defined in its understanding that requires a very intense focus on what it means within Industry design and expected outcomes.

Over the past three or more years, I have been studying and researching platforms and ecosystems. I feel we are at an inflexion point of significant business change from embracing ecosystem principles in the business world.

The key message from my reflection was, at the time, two years ago, “we do need to change our story; it is simply not about platforms“. It is thinking for the design for ecosystems, into “ecosystem mobilization.

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