Outthinkers

#99—Daniel Trabucchi: The Evolution of Platforms: Creating Value Beyond Digital Archetypes

Sep 1, 2023
Daniel Trabucchi, a Senior Assistant Professor at Politecnico di Milano and co-author of "Platform Thinking," discusses the evolution of platforms and their role in value creation. He highlights the shift from linear business models to platforms that actively engage customers. Trabucchi also explores different types of platforms and their unique approaches to creating value through user interaction. He emphasizes the need for traditional companies to adapt and integrate platform thinking for enhanced innovation and business transformation.
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INSIGHT

Platforms Are Value-Creation Systems

  • Platforms let multiple customers create value together via a central provider.
  • Daniel Trabucchi says this definition moves beyond the common “digital-only” platform assumption.
ANECDOTE

Product Platforms Multiply Offerings Fast

  • Sony used product platforms to launch one new product every month and reach many niches.
  • This example shows platforms can scale physical product variants and cut development cost and time.
INSIGHT

Open Platforms Invite Complementors

  • Innovation platforms like the iPhone are valuable on their own but invite external developers to build on them.
  • Complementors expand platform value and often pay for access to platform resources and APIs.
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