Companies today are faced with the challenge of realizing profitable customer solutions in ever shorter product life cycles and constantly changing environments. They are only exploiting a fraction of their potential and are not in a position to participate successfully in the market in the long term.
Business Model X goes beyond conventional approaches. New market models and ecosystems of cooperating data-driven companies are emerging that use artificial intelligence to define possibilities for which there was previously no solution. Business Model X is following a blue ocean strategy approach opens up new markets and ensures long-term growth and business success.
Change your perspective and think about possibilities that have not yet been considered as a solution. This will secure you a strong competitive advantage as you are at the forefront of innovation and disruption. To do so create a data-friendly culture that supports the usage of internal and external data.
The change requires a sustainable and far-reaching strategy adjustment, as new forms of collaboration arise from the data usage of the vertical and horizontal value creation partners. Implementation depends on common objectives and framework conditions and the establishment of a solid data governance.
The combination of data and AI technologies in an adaptive platform approach forms the basis for business model X. New solutions can only be generated if trustworthy AI models can be connected with reliable data streams from a data intelligence platform.