Platform Revolution | Summary
2.5/5
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About this ebook
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. Platforms interface two sorts of clients with a specific end goal to trade something of significant worth. This is not quite the same as the customary pipeline model of business where something of significant worth is made by exchanging it from maker to maker with the buyer accepting it at the last stride. Platforms are ruling forms especially in light of the fact that they diminish the expenses of significant creation, utilization, and quality control.
Platforms serve customer confronting markets and business-to-business showcases which can control quick development through economies of scale. Every side of the system relies on the opposite side to be set up keeping in mind the end goal, so a focal test of any platform is to enroll clients on both sides. Client development on one side of the platform pulls in more clients on the opposite side as the consequence of the "system impact," which depicts how changes to one part of a system can impact different parts of the system. Platforms can burn through cash on plans to draw in clients to a system and then make their profit back with the resulting development on the opposite side of the system. The platform's measurements for achievement are not just those that demonstrate the span of the system but instead those that show effective communications between clients. This relies on ensuring passage to the system is as "frictionless" as could be allowed, as the convenience of the platform for curating the associations between the diverse sorts of clients is specifically influenced by hindrances.
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Reviews for Platform Revolution | Summary
3 ratings2 reviews
- Rating: 1 out of 5 stars1/5I had no idea what they were talking about! Terms and concepts were completely foreign to me in relation to a platform. Needs more context.
- Rating: 2 out of 5 stars2/5I've read the original, and then came to this summary. It does not provide adequate context to follow the train of thought, and the power of the text is lost. Dense language and long sentences does not help either
Book preview
Platform Revolution | Summary - Better Business Summaries
Summary of
Platform Revolution
From Geoffrey G. Parker, Marshall W. Van Alstyne, and Sangeet Paul Choudary
How Networked Markets are Transforming The Economy and How to Make Them Work for You
By Better Business Summaries
Copyright © 2016 by Better Business Summaries
All rights reserved. This book or any portion thereof
may not be reproduced or used in any manner whatsoever
without the express written permission of the publisher
except for the use of brief quotations in a book review.
Printed in the United States of America
First Printing, 2016
Smashwords Edition
Table of Contents
Characters
Introduction
Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 8
Chapter 9
Chapter 10
Chapter 11
Analysis
Thanks for Reading
About Better Business Summaries
Characters
Geoffrey Parker is a teacher who specializes in building at Dartmouth College and has been involved with the Massachusetts Institute of Technology Initiative on the Digital Economy. In his earlier life, he worked for General Electric and now counsels for government and private organizations.
Marshall Van Alstyne educates at Boston University and has directed research at the MIT Initiative on the Digital Economy. His papers on two-sided systems have won honors from logical associations.
Sangeet Choudary counsels