Platform-Based Business Models: Insights from an Emerging AI-Enabled Smart Building Ecosystem
Artificial intelligence (AI) is emerging to become a highly potential enabling technology for smart buildings. However, the development of AI applications quite often follows a traditional, closed, and product-oriented approach. This study aims to introduce the platform model and ecosystem thinking...
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2019-10-01
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doaj-363366c602454da4b1c1f2058e42eda92020-11-25T01:32:43ZengMDPI AGElectronics2079-92922019-10-01810115010.3390/electronics8101150electronics8101150Platform-Based Business Models: Insights from an Emerging AI-Enabled Smart Building EcosystemYueqiang Xu0Petri Ahokangas1Marja Turunen2Matti Mäntymäki3Jukka Heikkilä4Martti Ahtisaari Institute, University of Oulu, 90014 Oulu, FinlandMartti Ahtisaari Institute, University of Oulu, 90014 Oulu, FinlandTurku School of Economics, Information Systems Science, University of Turku, 20500 Turku, FinlandTurku School of Economics, Information Systems Science, University of Turku, 20500 Turku, FinlandTurku School of Economics, Information Systems Science, University of Turku, 20500 Turku, FinlandArtificial intelligence (AI) is emerging to become a highly potential enabling technology for smart buildings. However, the development of AI applications quite often follows a traditional, closed, and product-oriented approach. This study aims to introduce the platform model and ecosystem thinking to the development of AI-enabled smart buildings. The study identifies the needs for a user-oriented digital service ecosystem and business model in the smart building sector in Finland, which aimed to facilitate the launch of scalable businesses and an experiential and dynamic business ecosystem. A multi-method, interpretive case study was applied in the focal ecosystem, with the leading real estate and facility management operators in Northern Europe as part of a Finnish national innovation project. Our results propose an extended comprehensive framework of the 5C ecosystemic model (Connection, Content, Computation, Context, and Commerce) and the possible paths of ecosystem players in the domain of smart building and smart built environment, both theoretically and empirically. The platform-oriented business models are missing, yet desired, by the ecosystem actors. The value chain and ecosystem platforms imply the quest for new (platform) models. Finally, our research discusses the need for new value-chain- and ecosystem-oriented AI development and big data platforms in the future.https://www.mdpi.com/2079-9292/8/10/1150smart buildingartificial intelligenceplatformecosystembusiness model |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Yueqiang Xu Petri Ahokangas Marja Turunen Matti Mäntymäki Jukka Heikkilä |
spellingShingle |
Yueqiang Xu Petri Ahokangas Marja Turunen Matti Mäntymäki Jukka Heikkilä Platform-Based Business Models: Insights from an Emerging AI-Enabled Smart Building Ecosystem Electronics smart building artificial intelligence platform ecosystem business model |
author_facet |
Yueqiang Xu Petri Ahokangas Marja Turunen Matti Mäntymäki Jukka Heikkilä |
author_sort |
Yueqiang Xu |
title |
Platform-Based Business Models: Insights from an Emerging AI-Enabled Smart Building Ecosystem |
title_short |
Platform-Based Business Models: Insights from an Emerging AI-Enabled Smart Building Ecosystem |
title_full |
Platform-Based Business Models: Insights from an Emerging AI-Enabled Smart Building Ecosystem |
title_fullStr |
Platform-Based Business Models: Insights from an Emerging AI-Enabled Smart Building Ecosystem |
title_full_unstemmed |
Platform-Based Business Models: Insights from an Emerging AI-Enabled Smart Building Ecosystem |
title_sort |
platform-based business models: insights from an emerging ai-enabled smart building ecosystem |
publisher |
MDPI AG |
series |
Electronics |
issn |
2079-9292 |
publishDate |
2019-10-01 |
description |
Artificial intelligence (AI) is emerging to become a highly potential enabling technology for smart buildings. However, the development of AI applications quite often follows a traditional, closed, and product-oriented approach. This study aims to introduce the platform model and ecosystem thinking to the development of AI-enabled smart buildings. The study identifies the needs for a user-oriented digital service ecosystem and business model in the smart building sector in Finland, which aimed to facilitate the launch of scalable businesses and an experiential and dynamic business ecosystem. A multi-method, interpretive case study was applied in the focal ecosystem, with the leading real estate and facility management operators in Northern Europe as part of a Finnish national innovation project. Our results propose an extended comprehensive framework of the 5C ecosystemic model (Connection, Content, Computation, Context, and Commerce) and the possible paths of ecosystem players in the domain of smart building and smart built environment, both theoretically and empirically. The platform-oriented business models are missing, yet desired, by the ecosystem actors. The value chain and ecosystem platforms imply the quest for new (platform) models. Finally, our research discusses the need for new value-chain- and ecosystem-oriented AI development and big data platforms in the future. |
topic |
smart building artificial intelligence platform ecosystem business model |
url |
https://www.mdpi.com/2079-9292/8/10/1150 |
work_keys_str_mv |
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