Abstract
Dynamics of the platform economy in manufacturing industries have not unfolded in the same way as in the consumer industries, where platforms have build powerful monopolies through controlling the contact to customers. In manufacturing, the same winner-takes-it-all effect is not present and key competitiveness will rely on the data-driven operation of the physical world. This requires the combination of smart product with smart services and customer experiences. The paper argues that European companies have an opportunity in the B2B platform arena.
Similar content being viewed by others
References
Adari, S., Falk, S., & Sampson, C. (2019). Germany’s evolving platform landscape. Berlin: Federal Ministry for Economic Affairs and Energy.
Antons, D., Piening, E., & Salge, T.-O. (2018). Führung und Innovation in Zeiten der Digitalisierung. Frankfurt/M: VDMA.
Brynjolfsson, E., & Hitt, L. M. (2000). Beyond computation: Information, technology, organizational transformation and business performance. Journal of Economic Perspectives, 14(4), 23–48. https://doi.org/10.1257/jep.14.4.23.
Cusumano, M. A., Gawer, A., & Yoffie, D. B. (2019). The business of platforms: Strategy in the age of digital competition, innovation, and power. New York (NY): HarperCollins.
Falk, S., & Riemensperger, F. (2019). Three lessons from Germany’s platform economy. MIT Sloan Management Review, August 5, https://sloanreview.mit.edu/article/three-lessons-from-germanys-platform-economy/, accessed November 2, 2019.
Haskell, J., & Westlake, S. (2018). Capitalism without capital: The rise of the intangible economy. Princeton (NJ): Princeton University Press.
Kolodny, L. (2018). Former Google CEO predicts the internet will split in two - and one part will be led by China. CNBC, September 20. https://www.cnbc.com/2018/09/20/eric-schmidt-ex-google-ceo-predicts-internet-split-china.html, accessed May 5, 2019.
Künzel, M., Kraus, T., & Straub, S. (2019). Kollaboratives engineering. Berlin: Begleitforschung PAiCE.
Mayer-Schönberger, V., & Ramge, T. (2018). Reinventing capitalism in the age of big data. New York (NY): Basic Books.
OECD. (2019). Measuring the digital transformation - a roadmap for the future. OECD Publishing, Paris. https://doi.org/10.1787/9789264311992-en.
Riemensperger, F., & Falk, S. (2019). Titelverteidiger: Wie die deutsche Industrie ihre Spitzenposition auch im digitalen Zeitalter sichert. München: Redline.
World Economic Forum. (2018). Digital transformation initiative: Maximizing the return on digital investments. Cologny/Geneva: World Economic Forum.
Author information
Authors and Affiliations
Corresponding author
Additional information
Responsible Editor: Rainer Alt
Publisher’s note
Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.
Rights and permissions
About this article
Cite this article
Riemensperger, F., Falk, S. How to capture the B2B platform opportunity. Electron Markets 30, 61–63 (2020). https://doi.org/10.1007/s12525-019-00390-7
Received:
Accepted:
Published:
Issue Date:
DOI: https://doi.org/10.1007/s12525-019-00390-7