On the 10th of September at 9:00 Amsterdam time (7:00 UTC) we present a 45-minute in which we give an overview of our tools and techniques for digital innovation. The core idea of our approach is that digital innovation is enabled by your ecosystem. We present our approach to ecosystem modeling and design and illustrate how […]
TVE Presentation at the IEEE 21st Confer...
Our paper “A Business Ecosystem Architecture Modeling Framework” was presented on the 16th of July at the IEEE 21st Conference on Business Informatics (CBI 2019) in Moscow. A slightly longer, and earlier, version of the paper is available here. Slides are available at slideshare. Please refer to this paper as R.J. Wieringa, W. Engelsman, J. […]
Value Creation, Value Extraction, and Ec...
The online economy contains a paradox that we do not yet know how to resolve. Simply put, the paradox is this: Startups create value for their stakeholders, but if they are successful, they become monopolists who extract value from their customers. Take Uber as an example. Initially, it created value for drivers because it offered […]
What is Your Ecosystem? The Ecosystem Ar...
Product innovation usually causes a change in your ecosystem. When music became downloadable, this disrupted the market for CDs and DVDs and created a new ecosystem for downloadable music dominated by iTunes and Amazon. The current move from combustion engines to electric vehicles reconfigures the ecosystem of car manufacturers, as new suppliers become relevant for […]
Do You Need a Blockchain? A very simple ...
Lessons Learned from the Rise and Fall o...
15 min read The rise and fall of Bitcoin tells a story of greed, hope, disappointment, and fear. Bitcoin supporters aimed for a decentralized world in which payment is as simple as sending an email. They forgot that even the bitcoin network interfaces with the real world. The history of Bitcoin illustrates that to […]
Deconstructing bitcoin
7 min read Do you need a blockchain? There are several checklists to help you decide whether or not you need a blockchain. The most recent one is the Blockchain Technology Overview published by the NIST in October 2018. Others are discussed in a recent blog by Chris Hammerschmidt. All of these checklists ask whether […]
What are blockchains for?
A blockchain is a technology to implement a shared ledger that is guaranteed to be correct and unchangeable. But what are blockchains for? When do you need such a thing? Why not use a traditional database? Databases can store transactions and they can be shared. Database technology is mature and can achieve high transaction volumes. […]
IBM Watson, or how not to manage stakeho...
After IBM’s question-answering system Watson won the Jeopardy! Quiz on US Television in February 2011, expectations about its commercial applicability rose sharply. In 2016 several hospitals in Asia adopted Watson to provide advice about medical treatments of oncology. Watson would use millions of pages of medical textbooks plus data about a cancer patient to help […]
Blockchains need networked business mode...
Gurus predict that blockchains will have an impact comparable to, or even greater than, that of the internet. However, predictions are easy to make. Making correct predictions is very hard. A more fruitful exercise is to study the past to extract lessons learned. This is less attention-grabbing perhaps, but in the end, pays off more. […]