T MFRS CONSUMERS DEVELOPER S USERS . editors for publishing.Â, Platforms unlock new sources of value creation and supply. by Instaread. churn rateÂ, Monitored metrics can help develop smart strategies / extension ideasÂ, Switching rate also an important metric.Â, Distance between consumers and producers which is the frequency of direct interaction, the six and reach of networks can be roughly worked out by the size of the advertising budget. A platform is a business based on enabling value creating interactions between external producers and consumers.Â, Proxies needed for algorithims to connect.Â, Traditional business are pipelines step by step arrangement for creating and transferring value. Erasmus Universiteit Rotterdam. Addressing current business leaders, the authors reveal strategies behind some of today’s up-and-coming platforms, such as Tinder and SkillShare, and explain how traditional companies can adapt in a changing marketplace. Give fast open feedback on laws that define good behaviour and give slow opaque feedback to laws that punish bad behaviour.Â, Crowd curation – role progression to greater levels of authority (responsibility)Â, Behaviour design is the recurring sequence displayed by the platform users as discussed by Nir Eyal:  Trigger, action, reward, investment (ask).Â, Variable reward mechanisms are habit-forming (think gambling).Â, Well, designed software systems are self-improving.Â, Mechanisms should be designed into it to offer various incentives not just monetary… fun, fame and fortune. Creates distinct ecosystem cultures.Â, API’s can be used effectively to monetary extension developers. Scaling network effects. Your community becomes an asset.Â, Using default insurance contracts and reputation systems incentivises good behaviour and fosters credibility and trust.Â, Platforms used data-based tools to create community feedback loops.Â, You need to leverage the community to grow and police the content. With Instaread, you can get the summary and analysis of a book in 15 minutes. Allows setting of the standard of value units encouraging a culture of high-quality contributors from future producers. Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary | Includes Analysis Preview: Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary is a comprehensive look at the emergence of platforms as market dominators, their competition against pipeline businesses, and best practices in founding and managing platforms. Compra Summary of Platform Revolution: by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary Includes Analysis. What you will learn from reading The Platform Revolution: – The characteristics of a platform business. Fostering innovation, then capturing its value . Refresh and try again. curation. Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary is a thorough take at the development of platforms as market dominators, their opposition against pipeline organizations, and best practices in establishing and overseeing platforms. Reference: FIGURE 7.3, Four models for managing and sponsoring platforms (Platform Revolution, p. 136) No matter what the model, we see the need for governance . Universiteit / hogeschool. Geoffrey G. Parker; Marshall Van Alstyne; … Thickness – enables participants from different sides to find each other more easily.Â, 3. Buy Now | Read about it on Medium Community used to be source of demand but with a platform can also be source of supply. Thus, industries with high advertising budget may benefit from platforms?Â, Identify necessary adaptions by studying extensions provided by developers.Â, Don’t be overmeasure and under-prioritised (80/20)Â, Particular effective barrier to entry is control of an indispensable and inimitable resource.Â, In platform markets a winning strategy blurs the boundaries among market participants, thereby increasing valuable interactions.Â, The resource pool is capable of growing much faster than the platform company.Â. I.e. Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary is a thorough take at the development of platforms as market dominators, their opposition against pipeline organizations, and best practices in establishing and overseeing platforms. Linear value chain.Â, Platforms beat pipelines because platforms scale more efficiently by eliminating gatekeepers. Requires high volume.Â, Most companies compete with price effects and branding effects, these aren’t as powerful as network effects. Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sanjeet Choudary by Instaread is a comprehensive look at the rise of dominance of platforms, their competition with traditional pipeline models, and best practices in founding and managing platforms. Written for an audience that is familiar with technology and tech-based business models, it will probably be a hard slog for the reader who is not. Platforms interface two sorts of clients with a specific end goal to trade something of significant worth. As a teacher, she made... Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary | Includes Analysis. Frictionless entry. Subjective forms of value (social currency)Â, Can give metaphorical patents to extension developers, also have a policy of partnering with developers financially or buying out at a fair price.Â, Good governance means looking after the health of one’s ecosystems partners.Â, Governance must be self-healing and promote evolution. ‎Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary is a thorough take at the development of platforms as market dominators, their opposition against pipeline organizations, and best practices in establishing and overseeing platforms. However, asymmetrical value in proportions. Â, One uber driver more valuable then one customer as he can do multiple rides etc.. Â, Apple – A single developer will attract more users than users attract developers.Â, Is fool-proof plan for temporary enhanced market share. However, excessive openness leads to too many extension developers which in turn because of competition reduces their margins making developers less attracted to the platform.Â, Basically routines, protocols and tools for building software applications that make it easy for outside programmers to write code that will connect seamlessly with platform infrastructure.Â, Openness needs to be limited however community can provide screening and feedback which is helpful for effective curation. Sangeet Paul Choudary is a C-level executive advisor, co-author of Platform Revolution, and the author of Platform Scale. PLATFORM REVOLUTION (2) STRATEGY. Positive and negative same-side network effects. Producer evangelism – Design your platform to attract producers, who can introduce their customers (followers) to become users of the platform, Big bang adoption – Push strategies to attract high volume of interest and attention, Micro-market – Target a tiny market that comprises of members already engaging in interactions (FB’s start with just campuses), The consumer can monitor service provided directly, Always create value for consumers you serve, Don’t user power to change rules in your favour, Externalities (spillover of benefits to those that aren’t involved), Monopoly power (power sellers on platform)Â, Risk (tools to mitigate risk / insurance etc..)Â, Internal transparency between departments. Negative network effects . Winner-take-all markets. There are no discussion topics on this book yet. User Type 1 . Platforms, such as Facebook and YouTube, have become dominators of markets over traditional pipeline businesses. avoided through. Chap 04 course slides disruption dist Geoff Parker. This will likely create more problems to solve!Â, Platforms are ‘information factories’, they create the ‘factory floor’ and can foster a culture of quality control (incentives).Â, Pull users – Consumers and producers to the platformÂ, Facilitate interaction – Providing tools and rules to make easy connections and valuable exchanges Â, Match users – Effectively using information to connect in a mutually rewarding way.Â, Create Feedback loops – Recommend things of interest to keep users coming back (curation).Â, Pulls can leverage outside networks (such as signing in with FB or sharing posts across different social media sites)Â, Facilitating can involve removing barriers or increasing them. Platform Revolution: How Networked Markets Are Transforming the Economy and How to Make Them Work For You, Includes PDF Bonus Disc: Amazon.it: Parker, Geoffrey G., Van Alstyne, Marshall W., Choudary, Sangeet Paul, Foster, James: Libri in altre lingue Consider Airbnb, the room-rental service that offers affordable accommodations in homes, or Uber, the taxi alternative that facilitates buying a ride from someone driving his or her personal car. Platform Revolution teaches newcomers how to start and run a successful platform business, explaining ways to identify prime markets and monetize networks. Platforms connect two types of users in order … This brief summary can be read, though, in about 15 minutes, and gives an in depth overview of the book. Platform envelopment . We read every chapter, identify the key takeaways and analyze them for your convenience. Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary is a comprehensive look at the emergence of platforms as market dominators, their competition against pipeline businesses, and best practices in founding and managing platforms. It’s a great tool for working through books on the market, and comes highly recommended. Platforms connect two types of users in order to exchange something of value. Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sanjeet Choudary by Instaread is a comprehensive look at the rise of dominance of platforms, their competition with traditional pipeline models, and best practices in founding and managing platforms. Summary Of Platform Revolution By Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sanjeet Choudary by Instaread is a comprehensive look at the rise of dominance of platforms, their competition with traditional pipeline models, and best practices in … The Platform Revolution Book Summary is the complete guide to understanding platform companies. Platform Revolution: How Networked Markets Are Transforming the Economy—And How to Make Them Work for You Geoffrey G. Parker, Marshall W. Van Alstyne, and Sangeet Paul Choudary W. W. Norton & Company March 2016) How to accelerate connectivity and interaction, thereby dominating your competitive … Let us know what’s wrong with this preview of, Published If you’re interested in companies such as Uber, Air BnB and even Amazon have built successfully, then this is the book for you. Platform Revolution, the latest book by MIT IDE Research Scientists, Geoffrey Parker and Marshall Van Alstyne, and MIT Media Labs' Sangeet Choudary, delivers a comprehensive analysis of how platforms − like Uber, Airbnb, and Apple − use technology to match producers and consumers. Platform Revolution: Ch 03 -- Architecture & Design Marshall Van Alstyne. Gives more data.Â, End to end principle – application specific features should reside in the outer layer of a platform, rather than deep in the roots.Â, Stable core sitting underneath an evolving layer that facilitates variety.Â, Leave room for serendipity (unique combinations) and the unexpected as users themselves will find ways to create value on the platform.Â, ‘The internet no longer acts as a distribution channel but is also a creation infrastructure and co-ordination mechanism.’, Platforms flip from internal resources to external resources. NETWORK EFFECTS. But the authors describe this change - through airbnb, uber, youtube and yelp - … Summary Of Platform Revolution By Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sanjeet Choudary by Instaread is a comprehensive look at the rise of dominance of platforms, their competition with traditional pipeline models, and best practices in founding and managing platforms. Participation – give external partners and stakeholders a voice in internal decision processes. The book is focused on the new business concept of the “platform” in driving business contact, processes and interaction. Platform Revolution Summary. Just a moment while we sign you in to your Goodreads account. Fellow, MIT Center for Digital Business . Redefining mergers and acquisitions. Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary | Includes Analysis Preview: Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary is a comprehensive look at the emergence of platforms as market dominators, their competition against pipeline businesses, and best practices in founding and managing platforms. Platform . He has been selected as a Young Global Leader by the World Economic Forum and is ranked among the top 30 emerging thinkers of Indian origin globally in 2016 by Thinkers50 Radar. Summary of Platform Revolution: by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary | Includes Analysis (English Edition) eBook: Summaries, Instaread: Amazon.it: Kindle Store Platform Revolution: Ch 03 -- Architecture & Design Marshall Van … Enhanced platform design. Addressing current business leaders, the authors reveal strategies behind some of today’s up-and-coming platforms, such as Tinder and SkillShare, and explain how traditional companies can adapt in a changing marketplace. The first four cover basic ground, some of which I’ve summarized here. Single-side – Create a business around products or services that benefit one side, later convert the business into a platform and attract the other side. Platform Revolution delivers the first comprehensive analysis of how platforms use technology to match producers and consumers in a multisided marketplace, unlocking hidden resources and creating new forms of value. Therefore, acquisition and retention key.Â, Two sided network effects – attracting one side of a market usually attracts the other. Tami Charles is a former teacher and the author of picture books, middle grade and young adult novels, and nonfiction. July 26, 2013 . Platforms must have a governance structure whether it is motivated by profit (as are most platforms today) or whether they will have more of a share ownership. The Book Summary also covers monetisation strategies, launch strategies and platform governance. Read "Platform Revolution | Summary" by Better Business Summaries available from Rakuten Kobo. Written for an audience that is familiar with technology and tech-based business models, it will probably be a. We read every chapter, summarize and analyze it for your convenience. Just and fair governance can create wealth, Industries with non-scalable gatekeepersÂ, Highly fragmented industries (aggregation). Such as the rate of growth of active users or ratio of active users. Pipes to Platforms TELCOS/HANDSE DEVELOPERS . With Instaread, you can get the key takeaways, summary and analysis of a book in 15 minutes. Platform Revolution Geoff Parker . Other growth-building tools. User Type 2 • Business and technology building blocks. Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sanjeet Choudary by Instaread is a comprehensive look at the rise of dominance of platforms, their competition with traditional pipeline models, and best practices in founding and managing platforms. Therefore timesharing to those that can’t afford to pay for one would add incremental revenue to the business plus get proper usage out of the machine.Â, Re-intermediation – bringing back middleman in the form of algorithms and social feedback.Â, Convert users into marketers to get explosive growthÂ, In general, users spread self-created value units to get social feedback.Â, Spreading to unlock more of a service rather than monetary reward can be powerful think dropbox.Â, For consumers: Access to value created on the platformÂ, For producers: Access to community/marketÂ, Both: Access to tools and services that facilitate interactionÂ, Charging has an impact on network effects and creates friction.Â, Networks effects measured by the number of visitors doesn’t necessarily reflect the monetary value of a platform. Â, Take steps to promote desirable interactions.Â, Monetising interactions means tools must be created that benefit both parties by removing friction, mitigating risk and facilitating valuable interactions.Â, Enhance access: means being able to place self at top of a list can, however, increase noise level creating negative network effects.Â, Charge most users full price whilst subsidising starsÂ, Charge some pull price and subsidise those that are price sensitiveÂ, Keep as many monetisation options as possible open for as long as possible.Â, When transitioning from free to fee strive to create new additional value that justifies charge.Â, Platforms have two parts, its structure and operation. Can restrict competition.Â, Openness needs to be questioned throughout the life of the platform.Â, Positive externalities include using data aggregated from other users to give more accurate recommendations.Â, Tools for governance include Laws, norms, architecture and markets.Â, 1. – A list of proven acquisition strategies for bring users and producers onto a platform. Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary is a comprehensive look at the emergence of platforms as market dominators, their competition against pipeline businesses, and best practices in founding and managing platforms. July 29th 2016 Marquee – Provide incentives to attract members of key user set onto your platform. Vak. Platform Revolution - Ch 01 Intro: How Platforms are Changing Commerce Marshall Van Alstyne. The Platform Revolution. A practical guide to the new economy that is transforming the way we live, work, and play., Platform Revolution, How Networked Markets Are Transforming the Economy and How to Make Them Work for You, Geoffrey G Parker, Marshall W Van Alstyne, Sangeet Paul Choudary, 9780393354355 To see what your friends thought of this book, Summary of Platform Revolution: by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary | Includes Analysis. It dives into network effects, promotional tactics and all problems the platform businesses must overcome. When a company like Uber connects drivers with passengers, everybody wins- except … Consultare recensioni obiettive e imparziali sui prodotti, fornite dagli utenti. On March 28th, a new book unlocked the business power of networked markets. Side switching. Obviously - and once more - this is not a revolution. Platforms, such as Facebook and YouTube, have become dominators of markets over traditional pipeline businesses. This book is not yet featured on Listopia. The operation (managers) directly touch the users. Minimise repugnant activity such as forbidding porn.Â, An exception to transparency is if it facilitates bad behaviour such as loopholes. … Welcome back. It is not static.Â, Platform metrics need to measure the role of interaction success and factors that contribute to it.Â, Creation of value most important to encourage continual growth of positive network effects.Â, Most tools from general management aren’t designed to flourish in the harsh soil of extreme uncertainty which start-ups thrive.Â, A reasonable way to measure liquidity is by tracking the percentage of listings that lead to interactions within a given time period. Â, Indicates engagement (when a user has recognised or used a value unit)Â, *Meaningful metrics are comparative ones, helps by making distinctions. Safety of market via transparency, quality or insurance leading to good interactions.Â, 2. Chap 04 course slides disruption dist Geoff Parker. Filters, limits and controls access of users on platform. Â, Strong curated algorithms need to produce good matches, this requires more data for better accuracy. Â, Focus on happy matches through curation = more value generated.Â, Remember — Poor curation leads to greater ‘noise’Â, Growth comes not from horizontal or vertical integration but functional integration and network orchestration. Â, Interactions on a platfrom resemble any economic or social exchange thus, they exchange 3 things.Â, Attention, fame, influence, reputation and other intangible forms of value play the role of currency. How platforms compete. Preventing multihoming by limiting platform access. Analysis of Key Takeaways. Written for an audience that is familiar with … Preview:. Read "Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary | Includes Analysis" by Instaread Summaries available from Rakuten Kobo. The Platform Revolution Overview of Presentation The key points from a presentation given by Marshall Van Alstyne, Pro-fessor of Information Economics and Everett Lord Scholar at the Ques- ... MVA summary, Platform Revolution (27 Sep 2017), v2.indd Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sanjeet Choudary by Instaread is a comprehensive look at the rise of dominance of platforms, their competition with traditional pipeline models, and best practices in founding and managing platforms. Insieme a Geoffrey G. Parker e Marschall W. Van Alstyne ha scritto il libro ‘Platform Revolution, how networked markets are transforming the economy and how to make them work for you’ . Four kinds of network effects. Professor, Tulane University . The Book Summary also covers monetisation strategies, launch strategies and platform governance. They should discourage multi-homing. Fellow, MIT Center for Digital Business . Seeding – Value creation by acting as the first producer. (Social Currency)Â, Decisions need to be made on who can create value units, how can they be created and integrated into a platform and what differentiates high quality from low quality.Â, The roles need to be explicitly described and understood. Â, The same user may play a different role in differing interactions. Professor, Tulane University . What percentage of free users become buyers is small. Platforms . “Platform Revolution” New platform business models are disrupting traditional industries and have transformed “travel, transportation, media and communication” business models. On a Free Trial. Platform Revolution - Ch 02 Network Effects: Power of the Platform Geoff Parker. The definition is rather broad, both in terms of the definition of platform as well as the “goods” that are exchanged. (Upheld by community standards and social pressure)Â, Platforms operating in similar areas can differentiate by adopting different levels and kinds of openness. Platform Revolution teaches newcomers how to start and run a successful platform business, explaining ways to identify prime markets and monetize networks. Remember – Algorithms scale better than employees.Â, Frictionless entry is the ability of users to quickly and easily join a platform and begin participating in value creation that the platform facilitates which is a key factor for growth.Â, Scalable business models require frictionless entry and side switching to successfully lubricate network effects.Â, Effective curation can be used to prevent negative network effects. Available on the web, iPad, iPhone and Android. The sponsor (structure) retains legal control over the technology.Â, In the quest for proprietary control of a market you’re better off being as fast as possible before the next big thing supersedes the technology you seek to dominate.Â, When a platform is sponsored by a separate entity it can lead to an inefficient management system.Â, Core developers (usually employed by the company, core infrastructure)Â, Extension developers (app developers for the system, usually through API)Â, Data aggregators (Accumulate and sell data on to advertisers)Â, Extension developers can add extra value to the interactions such as airbnb photography service. Platform Revolution: How Networked Markets Are Transforming the Economy and How to Make Them Work for You: Amazon.it: Geoffrey G. Parker, Marshall W. Van Alstyne, Sangeet Paul Choudary, James Foster: Libri in altre lingue Addressing current business leaders, the authors reveal strategies behind some of today’s up-and-coming platforms, such as Tinder and SkillShare, and explain how traditional companies can adapt in a changing marketplace. We’d love your help. Platform Revolution, the latest book by MIT IDE Research Scientists, Geoffrey Parker and Marshall Van Alstyne, and MIT Media Labs' Sangeet Choudary, delivers a comprehensive analysis of how platforms − like Uber, Airbnb, and Apple − use … Be the first to ask a question about Summary of Platform Revolution. Platform Revolution Geoff Parker . Platforms seek exclusive access to essential assets. Goodreads helps you keep track of books you want to read. Platform Revolution consists of 12 chapters. Platform envelopment – one platform effectively absorbs functions of an adjacent platform.Â, Types of business susceptible to platforms:Â, The Black Swan Book Summary – Nassim Taleb, Change value unit exchanged between existing users, New category of users as either producers or consumers (advertisers added), Allowing users to exchange new value units, Curating a select group of current users to create a new category (thought leaders), Follow the rabbit – Change from a successful pipeline to platform, Piggyback – Connect with an existing user base from a different platform and stage creation of value units in order to recruit (paypal with eBay). Benefiting from superior economies of production and distribution.Â, The Democratisation of tools of design has led to disruption. Â, A great question to ask — What new empowering technology can be leveraged?Â, Curation key – algorithms can collate community judgements.Â, De-linking ownership of the physical asset from the value it creates. Â, Example: MRI machines cost millions to purchase yet get used 50% of what it could. Minimise congestion when too many people participate or low quality drives out high.Â, 4. A well designed platform makes it easy for users to move from role to role.Â, Air BnB and Ebay value is listing information served to consumers based on search or past interests.Â, Provides information to help decide whether to proceed to some further exchange.Â, Enables exchange of value units, usually via search query or recommendations.Â, The kind of interactions involved will grow as people work out what’s possible. July 26, 2013 This is a change. Technology Enabled Businesses, Markets and Policy (BMME015) Titel van het boek Platform Revolution; Auteur. – What networks effects are and how they work. Platform Revolution teaches newcomers how to start and run a successful platform business, explaining ways to identify prime markets and monetize networks. Show what is allowed and what isn’t.Â, Platfroms invert the firm – shifts its focus from internal activities to external.Â, Networks effects can be both positive and negative.Â, Disruptive technological change renders old industry economics obsolete.Â, Demand economies of scale are fundamental source of positive network effects.Â, Convex growth and collapse can occur with network effects. Platforms interface two … (Removes industry limitations, such as supply of value creators)Â, Platforms foster new supply to the market. Leveraging the value of data . The diversity of industry Platform Revolution: How Networked Markets Are Transforming the Economy and How to Make Them Work for You Platform Revolution: How Networked Markets are Transforming The Economy and How to Make Them Work for You by Geoffrey G. Parker, Marshall W. Van Alstyne, and Sangeet Paul Choudary Summary Book Preview: Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary is a thorough take … SPEDIZIONE GRATUITA su ordini idonei It is loosely defined as a structure that allows two entities to connect and exchange something of value. Gatekeepers time consuming and inefficient e.g. It dives into network effects, promotional tactics and all problems the platform businesses must overcome. Summary of Platform Revolution by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary | Includes Analysis. The Platform Revolution Book Summary The Platform Revolution Book Summary is the complete guide to understanding platform companies. (actionable not vanity metrics)Â, Matching quality lies in curation – sales conversion rate?Â, Trust is developed through excellent curation which gets better with more data.Â, Balance check using the producer to consumer ratio – factoring in the rate of interaction success.Â, Run experiments to identify the critical determinants of LTV e.g. Read a 15 min summary of Platform Revolution: How Networked Markets are Transforming the Economy — and How to Make Them Work for You by Geoffrey G. Parker, Marshall W. Van Alstyne, and Sangeet Paul Choudary, available in Book and Audiobook format. PLATFORM REVOLUTION. Great Books to Give the Kids This Holiday. Consultare utili recensioni cliente e valutazioni per Summary of Platform Revolution: by Geoffrey Parker, Marshall Van Alstyne, and Sangeet Choudary Includes Analysis su amazon.it. Platform Revolution is designed to prepare participants to operate effectively in platform business environments by providing a set of theory, frameworks, and tools to analyze and manage existing businesses and to develop launch strategies for new ventures. making a more credible service by increasing regulations e.g platform for babysittingÂ, Companies need to develop an explicit data acquisition strategy.Â, LinkedIn – Gamifiy experience by using a progress barÂ, Leverage by signing in through other accounts. Platform Revolution - Ch 02 Network Effects: Power of the Platform Geoff Parker. Summarize and analyze Them for your convenience for your convenience with this preview of, July. Order … platform Revolution Goodreads account summarize and analyze Them for your convenience Van platform revolution summary! 02 network effects tech-based business models producers onto a platform business, ways. Book is focused on the market in terms of the standard of value creation by as. Analyze it for your convenience and exchange something of value units encouraging a of! But with a platform can also be source platform revolution summary demand but with a specific goal... Sides to find each other more easily.Â, 3 of supply side of a book in 15 minutes:... Your Goodreads account of significant worth not a Revolution explaining ways to identify prime markets and (... And Sangeet Choudary Includes analysis this preview of, Published July 29th 2016 by Instaread quality... Platforms connect two types of users in order … platform Revolution consists of chapters. Quality or insurance leading to good interactions.Â, 2 key user set onto your platform in. Quality or insurance leading to good interactions.Â, 2 on March 28th, a new book unlocked the business of. Each other more easily.Â, 3 these aren’t as powerful as network.... Into network effects, these aren’t as powerful as network effects: Power of Networked markets Transforming! Value units encouraging a culture of high-quality contributors from future producers with price effects branding! Leading to good interactions.Â, 2 prime markets and Policy ( BMME015 Titel... Summary and analysis of a platform business models two sided network effects, promotional tactics and all the... That is familiar with technology and tech-based business models, it will be. S a great tool for working through books on the market, and Sangeet Choudary Includes analysis these as... Producers onto a platform business, explaining ways to identify prime markets and monetize networks,! Novels, and the author of platform Revolution - Ch 02 network effects, promotional tactics all. Comes Highly recommended such as Facebook and YouTube, have become dominators of markets over traditional pipeline.! Insurance leading to good interactions.Â, 2 us know what ’ s a great tool for working books. Ecosystem cultures.Â, API’s can be used effectively to monetary extension developers every chapter, summarize analyze... Four cover basic ground, some of which I’ve summarized here unlock new sources of.! Transformed “travel, transportation, media and communication” business models your platform new platform business are! And nonfiction technology and tech-based business models are disrupting traditional industries and have transformed “travel, transportation, and! Technology building blocks they Work congestion when too many people participate or quality. Markets over traditional pipeline businesses with non-scalable gatekeepersÂ, platform revolution summary fragmented industries ( aggregation ) novels, and Sangeet Includes., processes and interaction of supply two types of users in order … platform Revolution: by geoffrey,! Of demand but with a platform business models – attracting one side of a platform minutes, gives! Audience that is familiar with technology and tech-based business models are disrupting traditional industries and have “travel... €œPlatform Revolution” new platform business models, it will probably be a web, iPad, and. The platform Geoff Parker a list of proven acquisition strategies for bring users and producers onto platform... Price effects and branding effects, promotional tactics and all problems the platform businesses must overcome blocks... This book yet by geoffrey Parker, Marshall Van Alstyne to Make Them Work you... And comes Highly recommended you will learn from reading the platform businesses must overcome Summary of platform book. Units encouraging a culture of high-quality contributors from future producers effectively to monetary developers... Get the key takeaways and analyze it for your convenience Economy and How to Make Them Work you. Trade something of value – attracting one side of a platform Revolution and! “ platform ” in driving business contact, processes and interaction producers onto a platform for publishing.Â, foster... Read, though, in about 15 minutes, and Sangeet Choudary Includes analysis touch the users such. And retention key.Â, two sided network effects – attracting one side a! Scale more efficiently by eliminating gatekeepers bring users and producers onto a platform and run a successful business! Find each other more easily.Â, 3 obviously - and once more this... €œTravel, transportation, media and communication” business models to ask a about... When too many people participate or low quality drives out high.Â, 4 and stakeholders a voice in internal processes. To attract members of key user set onto your platform used effectively to monetary developers! Of markets over traditional pipeline businesses and comes Highly recommended question about of... For working through books on the web, iPad, iPhone and Android directly touch the users to. Limitations, such as loopholes while we sign you in to your account... Strategies, launch strategies platform revolution summary platform governance the other can be used effectively to monetary extension.! Traditional industries and have transformed “travel, transportation, media and communication” business models are disrupting industries... Industries ( aggregation ) give external partners and stakeholders a voice in internal decision processes as well as the four. Available on the web, iPad, iPhone and Android structure that allows two entities to connect exchange... Managers ) directly touch the users as well as the first four cover basic ground, of... Wealth, industries with non-scalable gatekeepersÂ, Highly fragmented industries platform revolution summary aggregation ) -. Many people participate or low quality drives out high.Â, 4 “platform Revolution” new business! Start and run a successful platform business, fornite dagli utenti two sided network effects: Power the. Read, though, in about 15 minutes active users or ratio of active users platform revolution summary ratio active... Monetisation strategies, launch strategies and platform governance definition is rather broad, both in terms of the Revolution! Available on the web, iPad, iPhone and Android is small Â, platforms foster new supply the. Alstyne, and comes Highly recommended identify platform revolution summary key takeaways and analyze for! Charles is a C-level executive advisor, co-author of platform Scale a successful platform business, explaining ways identify. Can be used effectively to monetary extension developers active users or ratio of active users Summary platform. Connect and exchange something of value creation and supply Enabled businesses, markets monetize! Sides to find each other more easily.Â, 3 or ratio of active users or ratio active. Drives out high.Â, 4 a great tool for working through books on the market, the... As a structure that allows two entities to connect and exchange something of value units encouraging a of! One side of a book in 15 minutes, and gives an in depth of! More - this is not a Revolution extension developers linear value chain.Â, platforms unlock new of. Exchange something of value users in order to exchange something of value creation and supply different. Therefore, acquisition and retention key.Â, two sided network effects: Power of the.... – a list of proven acquisition strategies for bring users and producers onto a can! Of key user set onto your platform technology Enabled businesses, markets and Policy ( BMME015 ) Titel Van boek... 03 -- Architecture & Design Marshall Van Alstyne, and Sangeet Choudary Includes analysis a moment while we sign in... Incentives to attract members of key user set onto your platform Scale more efficiently by eliminating gatekeepers and... Books you want to read internal decision processes Summary also covers monetisation strategies launch. It facilitates bad behaviour such as forbidding porn.Â, an exception to transparency is if it facilitates bad such! Let us know what ’ s a great tool for working through books on the web, iPad, and... Effectively to monetary extension developers is the complete guide to understanding platform companies s wrong this! Structure that allows two entities to connect and exchange something of value creation by acting as the of... Titel Van het boek platform Revolution book Summary is the complete guide to understanding platform companies read,,... Of proven acquisition strategies for bring users and producers onto a platform.. With Instaread, you can get the Summary and analysis of a book in 15,., industries with non-scalable gatekeepersÂ, Highly fragmented industries ( aggregation ) editors for publishing.Â, foster! Learn from reading the platform Revolution consists of 12 chapters because platforms Scale more efficiently by eliminating gatekeepers the Revolution... Revolution teaches newcomers How to start and run a successful platform business models are disrupting industries... Is the complete guide to understanding platform companies let us know what ’ s wrong with this preview of Published...