Digital solutions and applications must be easy to use, despite physical and cognitive disabilities. Leverage the latest advances in mobile, web, cloud, and data technologies and enable scalable, reliable, and secure platforms. Leverage best-in-breed technology to bring about cost-effective platform development without compromising on impact or quality. Our portfolio of completed projects spans across different niches and countries and showcases that we genuinely love what we’re doing. WTT-Solutions is a team of believers who always aim to not just create software but to develop a product that will be the exact reflection of the client’s ideas.
Turn to Excel SoftSources for a long-term partnership leading to success. You can count on us to provide professional, quality development and staff augmenting services to help you meet your needs and deliver results on time. Inspiring possibility and providing technology & platform development for some of the most recognizable brands on the planet.
When you venture into the business of facilitating exchanges of information, products, and services rather than solely delivering them, you can recoup more investments by transferring production costs to outsiders . In business enterprise terms, a digital platform can be thought of as the sum total of a place for exchanges of information, goods, or services to occur between producers and consumers as well as the community that interacts with said platform. It’s imperative to understand that the community itself is an essential piece of the digital platform—without that community, the digital platform has very little inherent value.
The coexistence of rivalry and collusion – a key feature of Cowling’s monopoly capitalism – persists and takes new forms in the digital economy. We advance an analytical-policy framework connecting the different dimensions and sources of platform power responsible for value capture and extraction, and the different platform capability-functions responsible for value creation. Building on this recasting of Hymer’s ‘efficiency contradiction’ and Cowling theory of monopoly capitalism, we advance an integrated industrial-competition policy approach to overcome it and propose a conception of an ‘entrepreneurial-regulatory state’.
An entrepreneurial-regulatory state recognises the central role of data which is collected and analysed by platforms cutting across consumer search, payments, finance, communications and media. The state needs to be entrepreneurial in being flexible, responsive and analytical. It is regulatory in making, adapting and applying rules to ensure open markets that reward innovation, effort and creativity. That’s an axiom on which MIT researchers and Intellias platform developers strongly agree.
Platform development services
Find out how we build websites that can tranform your customer experience – as well as your business. Evolve from a rigid legacy core system to an agile, modular ecosystem of connected layers powered by cloud architecture, microservices, and internal + external APIs. This idea of digital transformation is apt in terms of what it is—but it fails to provide any real guidance on how to achieve digital transformation. We empower our clients with the ability to constantly optimize and improve, to seize new opportunities and proactively address future needs. We partner with technologies that help you scale from operate to accelerate. We provide your staff training on how to use your new platform, as well as the support to keep it secure, online, and operational.
This is why maintaining these spaces is critical to ensure that conversations run smoothly. For digital businesses, keeping up with market demands means maintaining these “venues” so that customer experience is at its best. Addressing these competition challenges imply collapsing the boundaries between ex ante economic regulation and ex post competition enforcement, as the rules need to evolve with analysis of evolving market power and the level of discipline required. Rules are required for data access, considering incentives for data gathering and analysis and regulate the access arrangements to make them work in practice.
Value co-creation in service logic: A critical analysis
We understand the development of digital platforms, websites, applications, portals, products, and more that complement your enterprise. Very large economies of scale typically result from the fact that once initial fixed costs of building the platforms have been covered, the marginal cost of adding participants is typically close to zero. Economies of scale in the digital platform economy can result in almost infinite rents. Substantial economies of scope result from costs declining with the increasing number of diversified goods and services offered on the platform.
RetailBrainvire finalized the project scope conducting after multiple brainstorming sessions with the client. The application has automated the cashback process during checkout. Let our team engage your audiences and improve the management of media assets and rights. Their main app project handles 2 million unique visitors a day, and results in steadily renewed contracts. They manage complex algorithms well, and although they could expand their services, regular meetings with their CEO ensure accountability. Learn how eco-friendly rail logistics company Green Cargo has rediscovered its innovation mojo, delivering digital innovation up to 10x faster with OutSystems.
Software License Management (SLM) Explained
In order to offer entertainment, media and entertainment companies invest heavily. We partner with them to simplify legacy business models, modernise data and applications, and automate processes that accelerate. Brainvire combines automation, data science, artificial intelligence, and immersive technologies to provide full-proof digital solutions for the entertainment industry. We transform audience experiences, accelerate content production, and maximize content monetization. We help our clients in different industries to get true competitive advantage through disruptive technology.
- The data could be critical for design and customisation of products, targeting of advertising and sales and identifying routes to local and export markets.
- Embracing digital transformation by empowering your organization to challenge the status quo and experiment without fear of failure is essential for innovation that will allow you to carve out your own niche.
- Introduction to Open Telemetry Open Telemetry is an open-source project hosted by CNCF that provides a standard way to generate telemetry data.
- Our UI/UX design team integrates into the platform development process to ensure a stellar UX across all customer touchpoints.
- We consider the heterogeneity and dynamic nature of the digital platform dynamics to build on the insights of Hymer’s efficiency contradiction and Cowling’s theory of monopoly capitalism and how it may be overcome.
- Your success relies on your ability to react fast to whatever happens.
Hymer (1972, p. 123) – this evolution can be viewed as a ‘process of centralizing and perfecting the process of capital accumulation’. At the core of this process there is a persistent tension between value creation, value capture and extraction which was articulated in seminal contributions in the literature on monopoly capitalism. In what follows we turn to this literature to disentangle this tension as a building block to our analytical-policy framework in Section 3.
Imperatives of the New Age Digital Platform
A modern digital platform enables enterprises to integrate existing enterprise systems, third-party applications, internal or external portals, and more. Robust strategy for enterprises to retain a competitive edge as they expand into new markets, evolving ecosystems, and grow their businesses. Xenonstack allows the development of customized business applications with a continuous architecture approach so enterprises can concentrate on core business processes and enable innovation. Open-source platforms are designed to make that easy and provide additional features and tools to help create custom software. Some of the most notable open-source platforms are Git, Atom, GitHub, Apache NetBeans, and Cordova, and many other platforms that are available online.
But lasting value add comes from cross-industry collaboration and linking products with complimentary services. We offer a comprehensive suite of tech & platform development services that covers everything from strategy to implementation. Debenhams was able to implement its new http://www.uhlib.ru/delovaja_literatura/mificheskii_cheloveko_mesjac_ili_kak_sozdayutsja_programmnye_sistemy/p24.php mobile site to generate revenue sooner, while the company was in the midst of digital transformation. Because the shopper experience platform operates independently of the rest of the back-end services, experiments with new services can be deployed or rolled back faster.
Global digital platforms are built around evolving business models which combine and recombine functions in search of new value capture opportunities. For example, digital platforms can provide social media or e-commerce services while at the same time performing a data aggregation function for different markets. In today’s monopoly capitalism, a fundamental challenge in understanding digital platforms is to appreciate their heterogeneity and their different ability to shape markets and business ecosystems. In this section we build a framework which enables us to navigate such heterogeneity, by categorising sources of power and rents and the ways in which platform functions impact on capabilities development and market access. On this basis we advance the idea of an ‘entrepreneurial-regulatory state’ as a way of integrating industrial and competition policies. The framework goes beyond the static and two-dimensional assessment of market power generally employed in antitrust policy.
I give consent to the processing of my personal data given in the contact form above as well as receiving commercial and marketing communications under the terms and conditions of Intellias Privacy Policy. Leverage our digital platform specialists’ cybersecurity expertise to mitigate risks. Work out the optimal digital platform architecture and bring it to life.
In view of existing assets and market position, define your 5G DNA to determine how to best deploy and monetize 5G. Brainvire helps companies to build top-quality social medianchannels and to develop a strong digital presence. We will also enable you to improve your brand awareness and push beyond the targets in social media growth. We have implemented social media apps currently used by more than 300K+ people. Economy has undergone a metamorphosis from conventional business practices.
Whether through better products or an improved consumer experience, scaling can answer questions on how corporations can get ahead in the digital marketplace. Digital transformations look different for each company because every organization has different goals in mind, but a tangible goal to seek through digital transformation is the creation of a digital platform. While there is no shortage of digital platforms, there is still plenty of room for innovation and niche services that have audiences waiting for the day when their needs are finally met. We design, invent, develop, share your burden on your path to leadership.
These strategies make middle-income countries’ graduation to a high-income status very difficult. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Introduction to Incident Management Tools Incident management tools are software applications that help organizations manage incidents, track and monitor incident response progress, and measure the… Introduction The importance of cybersecurity increase with the adoption and reliance on digital products and services. The technological landscape is a vast battleground where threats look for… Infrastructure management is the process of overseeing and maintaining the hardware, software, and related systems that support an organization’s operations. Companies can effortlessly access and analyze data that helps improve decisions with the help of business intelligence and data analytics tools and practices.
Working with OutSystems to deliver process digitalization in the cloud, GarantiBank improved efficiency in just 6 months. Software experts, like Vincit, have established ways to create platforms without them being high-risk ventures. While medical device software is strictly regulated, there’s room for innovations that make life easier for patients and caregivers. Empower enterprises to build Fast Release Cycles and seamlessly integrate with the exciting stack. Introduction to Kubernetes Security In recent years, the digital world has seen a transition of application architecture from monolithic to microservice.
Our team of digital platform developers has the experience in design and development you’re seeking. Business-to-Business platforms which connect various international business organizations and companies with other business corporations. These portals facilitate and simplify business transactions and exchanges between different businesses. Our global team will guide, develop and implement technical and architectural decisions that are people-inspired and focus on your customers’ needs, both now and in the future. Scalability, project management, and QA are built into our offerings and solutions, with a transparent and ongoing communication model. Along this value dynamics spectrum – from value creation to value capture and extraction, there is however a tension resulting from the fact that the underlying drivers of these different value dynamics are intertwined.
Indirect network effects occur when the platform becomes more attractive for one user group (e.g., advertisers) from an increase in the other platform side . The multi-sided nature of platforms means that the prices charged to one side have no necessary relationship to the cost of supply to that side. Network economies result from aggregating data from direct users and consumers, as well as in some cases their complementors. In all cases, the network effects mean a tendency to concentration.
AI-based video surveillance services for ensuring personalized performance insights, gaining real-time intelligence into analytics and engagement. The key, however, is to find someone who knows the open-source software well so that they can utilize their skills to create tailored solutions for your organizational needs. This type of development offers much more flexibility and personalization features. For organizations, this presents a unique opportunity to develop software solutions that will help them engage with their customer more effectively.