The articles presented in this unit of TheNTWKSummit23Report shed light on the diverse facets and issues of this dynamic realm, emphasizing the potential for innovation, collaboration, and the integration of emerging technologies. Traditional sectors, often seen as mature and established, are proving to be fertile ground for transformative innovation, requiring a shift in mindset and cross-industry collaboration.
By connecting previously unrelated industries, exploring new business models, and addressing regulatory barriers, traditional sectors such as construction and agriculture can unlock new opportunities for societal and environmental progress. Moreover, the energy sector is experiencing a profound shift towards a greener future, facilitated by the convergence of renewable energy, electric vehicles, and blockchain technology. These elements hold the key to overcoming challenges related to intermittency, energy storage, and grid integration, while also empowering consumers and promoting sustainable practices. In the following pages, we delve into the vital takeaways from these articles, highlighting the importance of a people-centric approach, collaborative communities, and the adoption of innovative digital strategies to navigate the changing landscape of digital business models and innovation.
“Organizations need to believe that change can be done and that they can unlearn their internal processes, and become themselves catalyst for change,” shared Adam Broadway, CEO of PlatformOS.
Top 8 Key Takeaways for Selected Industry Innovation
1) Maintaining a people-centric approach to innovation. The success of digital transformation is linked more closely to people’s attitudes, behaviors, and values than to technological advancements.
2) Learning not only from best practices but also failures. Transformative innovation requires a deep understanding of people’s needs and is not just about creating new technologies. It requires a shift in mindset to work between sectors, build communities, and prioritize the customer and employee experience.
3) Challenges in Digital Healthcare. Healthcare organizations must work closely with governments, technology companies, and other stakeholders to ensure that digital healthcare solutions are accessible and affordable to all.
4) The Role of Ecosystems in Healthcare. Companies will not compete against other companies, ecosystems will compete against ecosystems. Therefore, focus on collaboration instead of competition. Align the incentives to change the mindset and concentrate on the core interactions.
5) Artificial Intelligence: smarter healthcare for a healthier future. Past technologies were discriminatory, relying on data biased toward specific groups due to skin color, gender orientation, or geopolitical location. Therefore, it is crucial for AI to be as unbiased as possible.
6) Mobility-as-a-Service (SaaS) platforms. Disruptive platform-based business models for shared mobility services have challenged established providers and prompted automotive manufacturers to explore new business models that cater to evolving customer preferences.
7) Building and Nurturing Mobility Ecosystems. We have open-source methodologies that can guide the organization in every aspect of this process, accelerating the transformation of ecosystems into mutual value growth and exchange.
8) Unlocking the Potential of Blockchain for Energy Transition. As a decentralized, transparent, and secure digital ledger, blockchain can facilitate the integration of renewable energy sources and electric vehicles (EVs) into the power grid, while also enabling new business models and services that promote energy efficiency, demand-side management, and consumer empowerment.
Discover the latest trends in Digital Business Models and Innovations by downloading #TheNTWKSummit23Report and reading the articles:
'Transformative Innovation In Traditional Sectors', by Rita Gimenez, Policy Consultant CEO 19N Strategies; Octavi Uya, CEO of Woodea; Michael Roman, Economic Affairs Officer at UNECE; Natalia Olson, Director of Plug and Play; Jeroen Merchiers, Founder of Zazume; Adam Broadway, CEO of PlatformOS.
'Innovation In The Health Sector, From Ecosystem Mindset To AI Ethics', Orlando Vergara, Founder of Bluebarna Ecosystems; Cristina Spa, Co-founder of C+ Community; Josep Carbo, Owner of OneMillionProject; Neema B. Nelly, Founder & CEO of EMEA Venture Builder; Simone Cicero, CEO of Boundaryless; Gemma Mail, Head D. Iberia of ANGELINI PHARMA.
'Mobility Redesign, A Fast Drive Toward Digital', Oliver Birk, Director Platform Business of BASF Coatings; Joost D'Hooghe, Vice President EMEA at Nexeo Plastics; Carolina Erize, Corporate Developer at Porsche Digital; Luca Ruggeri, Head of Platform Business Model Innovation Unit at Boundaryless; Jaume Ferre, CTO at Wallbox.
'POWERful Digital Transformation For The Energy Transition', Alejandro Sanchez, Corporate Venturing at Innovahub by Naturgy; Alexander Rosch, Lead Ecosystem Expert Hub at PwC Germany; Lluisa Marsal, Energy Node Lead at Centre Blockchain de Catalunya; Eduard Castañeda, Chief Innovation Officer at Wallbox; Stephan Fester, Co-Lead at SAP Circular Manufacturing Practice.