An Integrated Collaborative Platform for Managing the Product-Service Engineering Lifecycle

Full project page
An Integrated Collaborative Platform for Managing the Product-Service Engineering Lifecycle

Added Value from user perspective

General description

Digital platforms will be successful if they provide a clear value proposition to the user groups  involved. In general, digital platforms offer added-value basd upon three main mechanisms:

  • Reduction of transaction costs
  • Network effects
  • Use of data integration for new services (mainly optimisation) and business models

Based upon these mechanisms, added-value can be created in a variety of perspectives, such as the process perspective (what process or activity is optimised?) or the KPI perspective (what KPI is the focus of the optimisation).  This added value enables the financing of the digital processes through e.g.increased price margins, market shares or reduced costs.


Specifics for Project ICP4Life | An Integrated Collaborative Platform for Managing the Product-Service Engineering Lifecycle

Description Two pilot cases are planned to be deployed in the context of demonstrating the added value of the ICP4Life developments: Equipment Manufacturer: This pilot case will be implemented for evaluating
Comments , providing the input from the user in the configuration of the product-service by the supplier.
 Existing Product-Services Result description Review of existing Product-services and development methods from the academic and industrial world.
 Added Value from user perspective Taxon title Added Value from user perspective Taxon description (mainly optimisation) and business models Based upon these mechanisms, added-value can be created in a variety of perspectives, such as the process perspective (what process or activity
 Connected Enterprises - Factories Comments , providing the input from the user in the configuration of the product-service by the supplier.