A Platform is a …?a set of components used in common across a product family whose functionality can be extended by third parties and which is characterized by network effectsa strategic business plan utilising new and existing technology for maximum market dominancea tried and tested business process that ensures a company remains ahead of its competitors without need to innovate and risk profitsa stable basis from which a company can launch out into new ventures and products and so achieving early Competive Advantage over its rivals

Question 7Which of the following companies introduced platform thinking in the information technology sector?1 pointSAPAppleIBM

Question 5What is a platform?1 pointThe screen size a designer selects to ensure the design is accessible for most usersThe medium through which users experience a productThe system a designer uses to create a functional and affordable designThe design solution a designer uses to meet a user’s needs

Assess the significance of product, process, and platform innovations in driving competitive advantage and value creation across different industries. Provide examples to illustrate your analysis.

Question 2Which view on the digital platform most resemblance a value network? 1 pointTodescribe projects that created a new generation or family of products, for aparticular firm – like the iPhone.Platforms as point of control, that a firm can exploit and make money out off. Ability of a platform to mediate transactions.

Platform, Security and Operations focuses on ________________ capabilities of Cloud Adoption Framework.