Tag Archives: Business Ecosystems

How Emerging Technologies are Reshaping Business Ecosystems

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Emerging Technologies are Reshaping Business Ecosystems

I posted on my other site (paul4innovating.com) the growing influence of how different technologies are forming and shaping Business Ecosystems? The article outlines the dynamic interplay “Chicken or the Egg? The Dynamic Interplay of Technology and Business Ecosystems“

The relationship between emerging technologies and business ecosystems is not a simple one-way street. It’s a highly interactive and co-evolutionary relationship where each influences and reshapes the other.

I wanted to take this one stage further to break out these emerging technologies to related them more specifically to their influence on Ecosystems. Arguably it is increasingly a critical intersection.

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Achieving Synergy and Orchestration in the Business Ecosystem of the Hierarchy of Ecosystem Needs

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Sub-Title: “Strategic Synergy: The Business Ecosystem”

Achieving the Synergy in Business Ecosystems

I am introducing the Hierarchy of Ecosystem Needs in a series of posts. This is the fourth post within the series introducing the second layer- the Business Ecosystem.

As I have previously mentioned, the design of this Hierarchy of Ecosystems is modular; each Ecosystem can stand alone and offer significant value, but it is part of a more extensive cohesive system where each layer contributes to the overall success of collaborative ecosystems.

The holistic perspective is covered in the opening and closing posts within the series.

This interconnected story attempts to convey the power of transformation; each layer’s structure and unique propositions give a dynamic and resilient ecosystem set that aims to drive collective prosperity and sustain excellence.

Introducing the essential components of the Business Ecosystem

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The difficulties of adoption for the business platform

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The adoption process

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.

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Exploring points of value in adopting Business Platforms.

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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. Continue reading →

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

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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

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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?

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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 is building a powerful industrial partner ecosystem

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Siemen’s industrial partner vision builds on three waves of engagement

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 collaboration?

A fascinating session held at Hannover Messe 2022 by Siemens was entitled “Master digital transformation and accelerate business value through a powerful industrial Partner Ecosystem”, bringing together representatives of a solution group, moving towards 2,000 solution partners, that work within the platform provided by Siemens.

The concept provides an ecosystem approach that combines different partner expertise to tackle and support the digital transformation needed to break down silos and think well beyond the walls of the present customers’ current configuration within their factories to turn them into a Digital Enterprise.

The forum’s design is an open, highly collaborative way to solve problems, resolve challenges and build out a customer’s environment to benefit from the connected solutions that technology enablement brings.

The concept is to build on what each partner has already gained from their experience and expertise, delivered to their customers, to share and provide services and technology solutions to different Siemens customers that bring them higher business value and impact.

To read more on this review visit

ingenuity.siemens.com • 1 min read

Conclusion

Partnerships, collaborations and networks are becoming essential.

There is a real need to seek out innovative partnerships that form this new sustainability ecosystem, so a shared environment can develop jointly, deploy resources, and scale solutions in more agile and rapid ways, to meet customer needs and challenges, where their expertise and resources are constrained or need that greater knowledge expertise on OT & IT issues to be resolved.

Today the Digital Enterprise requires building within an open, inclusive industrial ecosystem environment that enables sharing and open collaborations to react to changing business opportunities, to collaborate, seize and respond to new revenue and business offerings.

Dedicated Reference Sites

More information about the growing international partner network and the global partner finder can be found on the website. https://new.siemens.com/global/en/company/topic-areas/partners/industry.html).

 

Disclaimer: This article is published in partnership with Siemens. Siemens is paying for my engagement, not for promotional purposes. Opinions are my own

 

Siemens launches Xcelerator for navigating the digital transformation

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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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Building the sustainable industrial innovation pathway

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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. Continue reading →