The power and potential of the platform is widely acknowledged. According to an Accenture Technology Vision 2016 survey, 44 percent of Australian executives agree that platform-based business models will become a part of their organisation’s core growth strategy within three years - higher than global results (37 percent). With industries leading the charge on digital platforms, leaders from all areas of the business are involving themselves in platform strategies and priorities. A shared understanding of the key layers of a digital platform, is necessary so all stakeholders can collaborate on an effective strategy for immediate response and long-term sustainability.
The connected platform is a digital ecosystem of suppliers, partners and consumers that have the ability to interact and conduct business transactions through an integrated customer experience.
Here's four key questions to help IT executives define the connected platform:
What capabilities does my digital platform need to have?
How do I run my legacy IT systems and infrastructure in parallel to my next generation digital platform?
How do we build a platform in a progressive, agile and iterative manner to handle future developments in business models?
How do I leverage my existing slate and build a platform strategy with little incremental capex?