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  • Writer's pictureThe NTWK

💊 Daily Learning: “Define platform-based business models and why are so powerful?”, by S. Cicero

from #TheNTWKTalk “Platform Organizations "Present and Future"


Do you want to know what are platform-based business models and why they are so powerful? Watch what Simone Cicero told to us:

Takeaways:

  • The point of modeling is much more about creating a language and reducing barriers for people to join this space and be able to engage with these problems with these opportunities

  • I tend to talk in terms of platform age to kind of describe the impact of essentially two things: technology pervasively and the reduction of transaction costs

  • Platforms are difficult to define because we are seeing so many patterns emerging. For example, now everybody knows marketplaces, but marketplace is just one facet of platform economy. They work very well when you have service and products trades

  • There are also extension platforms, especially when it comes to connecting developers with customers

  • We are seeing a lot of potential emerging around now the blockchain and infrastructural ecosystemic strategies




💡 For more on this topic, follow Platform Economy and Business Ecosystems and access the full🎙🎙Recording Session on TheNTWKEvents Node

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