Why IoT leads to the platform economy?

1. There is nothing new about platforms An emergence of digital platform economy is driving fundamental changes in our societies. But there is nothing new about platforms. Platform refers to a product, technology or organization that enable direct interactions between two (or more) distinct actors. For example most General Motors cars were already years ago built on a shared product platform. So, no matter if you bought an Opel or a Cadillac, the underlying structure of the car was actually similar. It makes sense, of course, to standardise production like […]

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8 Statements How to Make Nordic Startup Ecosystems More Effective

I recently published a big literature review on entrepreneurial ecosystems for Demos Helsinki NAKED Approach project (Finns have a bit of a thing for cheeky abbreviations). The work offers a baseline understanding of the factors that shape high-tech startup ecosystems. GREAT STUFF but most of us don’t have time to shift through 58 pages working paper. Good news is that you can simply check out my slides from Success in the Hyperconnected World -event on 25 August 2016 at the Demos office. The presentation adapts key findings from the review into […]

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How does Hyperconnectivity change the way your company creates value?

4 REASONS WHY YOU SHOULD CARE ABOUT HYPERCONNECTIVITY 1. From companies’ point of view, digitalization and other megatrends require more resource efficient ways of operating. Companies in all industries are affected by this change. 2. Digitalization and the new environment don’t necessarily change the basic tenets of strategy: to gain competitive advantage, companies have to be able to differentiate itself to command a price premium, operate at a lower cost than its rivals, or both. 3. The New Competitive Environment is defined by the opportunities allowed by Hyperconnectivity – the Internet of networks, people, […]

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7 findings you can’t ignore on digitalization and new business ecosystems

Digitalisation is no longer about computers; people and physical things are becoming hyperconnected with cheap, abundant sensors resulting in the merging of digital and physical realities. To meet these challenges, Nordic societies look for new ways to prosper in the era of hyperconnectivity while upholding the traditional Nordic values of trust, equality and human-centrism. A crucial question is how Nordic companies and startups can compete with these values on the global markets. Demos Helsinki wanted to uncover what is required for a successful Nordic hyperconnected business ecosystem to emerge. Assigned […]

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How to involve users in IoT?

The Internet of Things (IoT) is shimmering now, but if its users – the people – are forgotten during the development, it will fail. When we are talking about the IoT, where different devices and spaces communicate by themselves, it’s easy to forget the people around them. However, there’s no IoT without the interaction with a human being. These IoT devices are collecting data from people, helping them in their daily routines. But different emotions pop up when you know that the collected data not only stays within the faceless […]

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