Roadmap Incorporating Data Management Perspective for Platform Business Model Innovation

Abstract

In recent business environments data has become crucial, especially in the platform business where advances in digital technology continuously increase the platform’s value by facilitating user engagement and transactions that strengthen network effects and enhance the ability to access and analyze vast amounts of data. An important challenge for platform firms is, therefore, to establish a business strategy to address data-related issues for a sustainable competitive edge. However, research is surprisingly sparse to incorporate a data management perspective into a business model roadmap which has been widely used as a strategic management tool. In this paper, we argue that the platform business model roadmap integrating a data management perspective supports platform firms in identifying a change of direction and potential gaps that are aligned with the current and future context in terms of sustainability. The purpose of this paper is to suggest a concept of the platform business model roadmap and identify what structure should be incorporated considering the virtuous cycle of the platform and data. An in-depth discussion of the suggested platform business model roadmap is expected to be of high value in terms of practicality for the platform’s sustainable growth.

Integration of Smart City Technology and Business Model Innovation

“…The internal factors are mainly related to strategic decisionmaking [31,36,37], goal-driven [38,45], and organizational restructuring [33]. The external factors are associated with new market opportunities [47,50], institutional change [44], technological innovation [31,35,43], and other perspectives of the industry [34]. These studies are associated with the energy sector [50], manufacturing companies [30], family businesses [48], and technology start-ups [49].…”

“…Meanwhile, studies were connected to new market opportunities through organizational structure adjustment, institutional change (e.g., the three-subjects value creation model) [44], and technological innovation to complete the definition stage-for example, the incorporation of IoT into overall strategic business planning and decision-making at all levels of the BMI program [31]. Simultaneously, business model roadmaps were proposed and used as a strategic planning tool for BMI in academia and in practice [43], which is also used to assist in visually codified basic strategic initiatives, and better understand the different strategic situations that companies are currently facing [35].…”

The Impact of Scalability and Consistency Management on Database Management System Performance in Big Data Environment in Indonesia

“…Database Management Systems (DBMS) and Big Data Environments (BDE) play a critical role in operational efficiency and strategic decision-making. Understanding the impact of scalability and consistency management on system performance is essential in a dynamic startup ecosystem where agility and scalability are paramount [1]- [3].…”