scholarly journals Developing New Technology Platforms for New Business Models: Syngenta's Partnership with the University of Manchester

2011 ◽  
Vol 54 (1) ◽  
pp. 24-31 ◽  
Author(s):  
Khaleel Malik ◽  
Luke Georghiou ◽  
Bruce Grieve
Author(s):  
Sasho Guergov ◽  
Neyara Radwan

The purpose of this study is to appraise the integration or convergence issues influencing the mutual functioning of blockchain, AI, and IoT. The study argued that the recent developments in the field of IoT and blockchain prediction have involved the integration of innumerable classification schemes to establish a hybrid model. The introduction of the hybrid technique relies on the prediction performance that strives to override the limitations of any available architectural scheme. This study offers a comprehensive exploratory appraisal of the issues influencing the successful integration of IoT and blockchain in regards to functionality and effectiveness of security, trust, and flawless communication issues. The exploratory research methodology was used in analyzing the issues affecting the integration of blockchain, artificial intelligence (AI), and the internet of things (IoT). The findings indicated that the integration challenges influencing the effective operations of blockchain, AI, and IoT as a single system involve security, scalability, accountability, and trust of communications. The study recommends that successful and effective integration will enhance the development of new business models as well as the digital transformation of market corporations. Accordingly, new approaches to convergence should ensure that executives address the new technology demands to obtain significant gains in efficiency.


SEG Discovery ◽  
2011 ◽  
pp. 1-22
Author(s):  
M. Stephen Enders ◽  
Cliff Saunders

ABSTRACT There is a huge opportunity to develop new business models for the mining industry. Exploration and discovery must be based on a model of cooperation and collaboration rather than competition. Innovation and the development of new technology must be based on what we need to do to transform the business for tomorrow, in addition to what we can do today. Accelerated learning based on business simulations offers an excellent new approach to discovering what needs to be changed, to developing new and creative approaches to actually change our cultures of practice, and to implementing those changes as rapidly as possible. Simply put: we have to change our mindset to change our mine set.


2019 ◽  
Vol 30 (2) ◽  
pp. 285-305 ◽  
Author(s):  
Jörg Weking ◽  
Michael Mandalenakis ◽  
Andreas Hein ◽  
Sebastian Hermes ◽  
Markus Böhm ◽  
...  

AbstractBlockchain technology enables new ways of organizing economic activities, reduces costs and time associated with intermediaries, and strengthens the trust in an ecosystem of actors. The impact of this seminal technology is reflected by an upcoming research stream and various firms that examine the potential uses of blockchain technology. While there are promising use cases of this new technology, research and practice are still in their infancy about altering existing and creating new business models. We develop a taxonomy of blockchain business models based on 99 blockchain ventures to explore the impact of blockchain technology on business models. As a result, we identify five archetypal patterns, which enhance our understanding of how blockchain technology affects existing and creates new business models. We propose to use these results to discover further patterns fueled by blockchain technology and illustrate how firms can use blockchain technology to innovate their business models.


Author(s):  
Mahesh K. Joshi ◽  
J.R. Klein

Entrepreneurship has enabled the individual to challenge existing corporations with a new model more efficient than the traditional one. The entrepreneur’s model provides almost instant connection to local geography and international markets at the same time. With the support of capital, entrepreneurs are not only driving a creative destruction of existing business but also developing new business models, ideas to make new products, and developing new technologies. Places like Silicon Valley provide the ecosystem required for successfully breeding entrepreneurship with its education system with cutting-edge research, culture, acceptance of failure, and availability of finance. Entrepreneurial development has moved from the development hardware and software, to the creation of, and access to, technology platforms, and the development of new business models. Replication of new business models is now almost instantaneous.


2016 ◽  
Vol 44 (1) ◽  
pp. 3-10 ◽  
Author(s):  
B. Joseph Pine II ◽  
James Gilmore

Purpose – In little more than a decade, experience thinking has influenced the development of new business models in a wide variety of enterprises. Design/methodology/approach – The authors describe best practices for five approaches Five approaches are noteworthy: Experiential marketing (EM or XM). Digital experiences using the Internet and other electronic platforms to create new technology interfaces focused on the user experience (UX). The application of experience-staging to enhance interactions with customers. Experiences as a distinct economic offering. Designing transformational business models that allows the company to charge for the demonstrated outcomes customers achieve. Findings – Companies can innovate by recognizing trends in customer needs and aspirations that provide opportunities to develop business models that offer high value experiences or even customer transformations. Originality/value – To truly pursue experiences as a distinct form of economic output, companies must design a business model that involves charging for the time customers spend engaging with the business, such as an admission or membership fee of some sort.


2021 ◽  
Vol 11 (1) ◽  
pp. 10
Author(s):  
Anna Pinnarelli ◽  
Daniele Menniti ◽  
Nicola Sorrentino ◽  
Juan Jacobo Peralta Escalante ◽  
Maurizio Vizza ◽  
...  

The integration of renewable energy sources is one of the principal issues of the electric power system. The ebalance-plus project to achieve this goal will implement and test a management energy platform and new business models. Such solutions will be tested in four demo sites located in Spain, Denmark, France, and Italy. The Italian demo site is considered in this paper. After the first part, in which the configuration of the Italian demo site is described, the technological solutions implemented to provide energy flexibility are listed.


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