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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Three reasons why we need to talk about platforms

1. Platforms are a new, unforeseen and strong user of power Platforms that aggregate people‚Äôs needs, physical assets and labour. Companies such as Amazon, Etsy, Facebook, Google, Salesforce, and Uber are creating online structures that enable a wide range of human activities. This opens the way for radical changes in how we work, socialize, create value in the economy, and compete for the resulting profits. In future, all of our interactions with strangers will be facilitated by global digital platforms: from trade to meetings to services and peer-help. There are […]

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