SlideShare ist ein Scribd-Unternehmen logo
1 von 10
Afik Gal, 2014
The newest version of this document can be found at
http://severalthingscometomind.com
• PatientsLikeMe + Genetech
• Waze acquistion by Google
• Cloud storage IPOs and ecosystem development
• Doximity
• Twitter revenue stream
Algorithms-Discover Machine language, predictive, data mine, simulation
Algorithms-Solve Personalization, recommendation, matching, optimization
Platform Trade
Collaboration
Market place
Platform – Development Platform as a Service (PaaS), APIs,
Ecosystem
Integration
APIs, certification processes
Social networks and
Communities
Crowd sourcing, communities, forums, user generated
content
Data aggregation Curation, Benchmarking, mashups
Behavior change Gamification, behavior economics, feedback loops,
behavior engineering and anticipatory computing
Archetype Freemium Digital data hook (DDH) The Alchemist
Examples IFTTT, Zapier,
Slideshare,Prezi
DropBox
Gmail
NetFlix
GoogleNow
Strava
AmexSync
PraceticeFusion
Twitter, Instagram
Wikipedia
Quora
StackOverflow
CrowdMed
PatientsLikeMe
Description • Free + paid
premium features
• The improvement
in product’s value
can offset for low
conversion
• “Smart pipe”
• Passively collect users’
data in exchange for
providing them with a
service or a product
• Value of the interaction
>> value of data
• Crowd sourcing
with little or no
payment
• For the sake of fun
or sense of mastery
and etc.
• ‘Funding’ is not considered part of a business model
• Many elements in Crowd Funding such as high level of
involvement of the customers (funders) in the creation of
the product are similar or even complementary to joint
creation business models
Archetype Market Place Virtual Middle Man Platform
Examples
Care.com, Ebay, Amazon,
iTunes, Envato, IBM’s
Marketplace, Kaggle
Validic, Wolfram,
RunKeeper
Apple’s iOS+ AppStore,
SalesForce, Arduino
Description
Virtual market place
where buyers and sellers
trade data, services,
referrals and etc.
Includes:
• Discovery and
comparison
mechanism
• Indicators of quality
and scope
• Facilitating
mechanisms
• Monetization
mechanisms
Becoming embedded
part in partners’
product/service by
performing tasks form
them. Tasks are
typically complex or
involve multiple
stakeholders
Becoming the basis on
which partners and
clients build solutions.
This can include:
• Platform as a
service (PaaS)
• Monetization and
marketing
mechanisms
• Active management
of ecosystem (e.g.
certification
processes and etc.).
Archetype “Open sharing”
Shared solution
(analytics brokerage)
xProduct
Examples
Project data sphere
(clinical trials), Patient
data project (medical
records), Adobe’s Flex,
Cloudera
FICO, Experian. Model is
also considered by many
Healthcare analytics
vendors
Google products
Description
Non profit sharing of
assets such as data or
developed software code
between companies, the
academy, or an open
source community to:
• Reduce costs
• Accelerate
development
Aggregation of data from
multiple clients and then
pushing it back to the
clients
Usage of data,
insights and assets
generated from
clients’ usage of
other products.
• Development of ecosystem requires a two stage process:
1. Outline the potential business models and revenue
streams that would appeal to your ecosystem
partners (e.g. how would these companies portray
their business models to their boards)
2. Engineer what your business model should be
(example wolfram alpha, sales force, iTunes)
• When trying to value companies that can benefit from
joint creation of value (e.g. forecasting expected user
activity, revenues and etc.), it is important to account for
the effect of such models on the potential valuation
• Communities (e.g. forums, social network) for discussions
and referrals
– Alchemist archetype
– Internal resources (e.g. doctors)
• Loyalty programs = digital data hook that collects data
on the consumption of services by the consumer
• Platform play where the provider collaborates with
others (e.g. wellness coaches, fitness facilities, retailers)
to augment his capabilities and operate in his space in
return for rent/brokerage fee/cross selling opportunities
and etc.
• Ability to monetize data  Freemium = DDH
• Alchemist  To get a higher quality of data (e.g.
structured documentation vs. free text)
• Ecosystem of applications on top of the EHR or a
marketplace around the EHR = platform and
marketplace respectively
• “Open Sharing” and “Shared solution” are two additional
archetypes that can help augment the value proposition
of analytics, benchmarking and research services on top
of the EHR.

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Joint Creation Business Models

  • 1. Afik Gal, 2014 The newest version of this document can be found at http://severalthingscometomind.com
  • 2. • PatientsLikeMe + Genetech • Waze acquistion by Google • Cloud storage IPOs and ecosystem development • Doximity • Twitter revenue stream
  • 3. Algorithms-Discover Machine language, predictive, data mine, simulation Algorithms-Solve Personalization, recommendation, matching, optimization Platform Trade Collaboration Market place Platform – Development Platform as a Service (PaaS), APIs, Ecosystem Integration APIs, certification processes Social networks and Communities Crowd sourcing, communities, forums, user generated content Data aggregation Curation, Benchmarking, mashups Behavior change Gamification, behavior economics, feedback loops, behavior engineering and anticipatory computing
  • 4. Archetype Freemium Digital data hook (DDH) The Alchemist Examples IFTTT, Zapier, Slideshare,Prezi DropBox Gmail NetFlix GoogleNow Strava AmexSync PraceticeFusion Twitter, Instagram Wikipedia Quora StackOverflow CrowdMed PatientsLikeMe Description • Free + paid premium features • The improvement in product’s value can offset for low conversion • “Smart pipe” • Passively collect users’ data in exchange for providing them with a service or a product • Value of the interaction >> value of data • Crowd sourcing with little or no payment • For the sake of fun or sense of mastery and etc.
  • 5. • ‘Funding’ is not considered part of a business model • Many elements in Crowd Funding such as high level of involvement of the customers (funders) in the creation of the product are similar or even complementary to joint creation business models
  • 6. Archetype Market Place Virtual Middle Man Platform Examples Care.com, Ebay, Amazon, iTunes, Envato, IBM’s Marketplace, Kaggle Validic, Wolfram, RunKeeper Apple’s iOS+ AppStore, SalesForce, Arduino Description Virtual market place where buyers and sellers trade data, services, referrals and etc. Includes: • Discovery and comparison mechanism • Indicators of quality and scope • Facilitating mechanisms • Monetization mechanisms Becoming embedded part in partners’ product/service by performing tasks form them. Tasks are typically complex or involve multiple stakeholders Becoming the basis on which partners and clients build solutions. This can include: • Platform as a service (PaaS) • Monetization and marketing mechanisms • Active management of ecosystem (e.g. certification processes and etc.).
  • 7. Archetype “Open sharing” Shared solution (analytics brokerage) xProduct Examples Project data sphere (clinical trials), Patient data project (medical records), Adobe’s Flex, Cloudera FICO, Experian. Model is also considered by many Healthcare analytics vendors Google products Description Non profit sharing of assets such as data or developed software code between companies, the academy, or an open source community to: • Reduce costs • Accelerate development Aggregation of data from multiple clients and then pushing it back to the clients Usage of data, insights and assets generated from clients’ usage of other products.
  • 8. • Development of ecosystem requires a two stage process: 1. Outline the potential business models and revenue streams that would appeal to your ecosystem partners (e.g. how would these companies portray their business models to their boards) 2. Engineer what your business model should be (example wolfram alpha, sales force, iTunes) • When trying to value companies that can benefit from joint creation of value (e.g. forecasting expected user activity, revenues and etc.), it is important to account for the effect of such models on the potential valuation
  • 9. • Communities (e.g. forums, social network) for discussions and referrals – Alchemist archetype – Internal resources (e.g. doctors) • Loyalty programs = digital data hook that collects data on the consumption of services by the consumer • Platform play where the provider collaborates with others (e.g. wellness coaches, fitness facilities, retailers) to augment his capabilities and operate in his space in return for rent/brokerage fee/cross selling opportunities and etc.
  • 10. • Ability to monetize data  Freemium = DDH • Alchemist  To get a higher quality of data (e.g. structured documentation vs. free text) • Ecosystem of applications on top of the EHR or a marketplace around the EHR = platform and marketplace respectively • “Open Sharing” and “Shared solution” are two additional archetypes that can help augment the value proposition of analytics, benchmarking and research services on top of the EHR.

Hinweis der Redaktion

  1. http://medcitynews.com/2014/04/genentech-writes-check-patientslikeme-agrees-share-de-identified-data-5-years/ http://venturebeat.com/2014/03/26/box-to-enterprise-developers-build-build-build/ http://stratechery.com/2014/heart-dropbox/ http://www.fastcolabs.com/3025607/a-new-model-for-digital-publishing-the-affinity-engagement-index http://davidjaxon.wordpress.com/2014/04/23/the-challenge-of-monetizing-free-products/ http://versiononeventures.com/freefreemium-work-enterprise/ http://venturebeat.com/2014/03/25/death-to-cpc-and-cpm-ad-platform-mybuys-launches-no-sale-no-cost-display-ads-service/ http://medcitynews.com/2014/04/sanofi-pfizer-jj-astrazeneca-share-clinical-trial-data/ http://www.forbes.com/sites/danmunro/2014/04/08/big-pharma-opens-new-chapter-on-big-data-collaboration/ http://jama.jamanetwork.com/article.aspx?articleid=1854520 http://jama.jamanetwork.com/article.aspx?articleid=1833396 http://abovethecrowd.com/2013/04/18/a-rake-too-far-optimal-platformpricing-strategy/ http://techcrunch.com/2012/07/28/why-platform-clouds-need-to-be-more-like-app-stores/ http://readwrite.com/2014/03/17/foursquare-dennis-crowley-ceo-anticipatory-computing http://venturebeat.com/2014/04/05/stephen-wolframs-grand-plans-to-monetize-his-supreme-new-programming-language/ http://medcitynews.com/2014/04/health-data-neutrality/ https://www.appfog.com/ http://bigthink.com/the-crowdsourceress/why-you-need-the-crowd http://www.forbes.com/sites/zinamoukheiber/2014/04/28/merck-teams-with-electronic-health-record-provider-practice-fusion-to-improve-patient-health/ http://venturebeat.com/2014/04/28/ibm-throws-all-its-cloud-stuff-in-one-place-a-marketplace/ http://medcitynews.com/2014/04/sharing-clinical-data-help-trial-participants-improve-health/ http://mhealthwatch.com/sciencecloud-aims-to-drive-collaborative-drug-discovery-22983/ http://www.healthcareitnews.com/news/big-pharma-big-data-collaboration http://venturebeat.com/2014/04/29/twitters-revenue-stream-shows-why-the-gnip-deal-makes-sense/ http://getreferralmd.com/2013/10/healthcare-emr-software-vs-craigslist/ http://www.athenahealth.com/marketplace/