Core, intertwined, and ecosystem-specific clusters in platform ecosystems: analyzing similarities in the digital transformation of the automotive, blockchain, financial, insurance and IIoT industry

Tobias Riasanow (), Lea Jäntgen (), Sebastian Hermes (), Markus Böhm () and Helmut Krcmar ()
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Tobias Riasanow: Technical University of Munich
Lea Jäntgen: Technical University of Munich
Sebastian Hermes: Technical University of Munich
Markus Böhm: Technical University of Munich

Electronic Markets, 2021, vol. 31, issue 1, No 8, 89-104

Abstract: Abstract Digital transformation is continuously changing ecosystems, which also forces established companies to re-evaluate their value proposition. However, only transformations of single ecosystems have been studied. Therefore, this work targets to examine the similarities of digital transformation in five platform ecosystems: automotive, blockchain, financial, insurance, and IIoT. For our analysis, we combine the strengths of conceptual modeling using e3 value with a cluster analysis based on text mining to identify similarities in the respective ecosystems. As a result, we identified 15 clusters. Cluster 01 is the core cluster, containing the roles of organizations from all five ecosystems. Cluster 02–05 are intertwined, as they include roles from at least two ecosystems. Clusters 06–15 are ecosystem-specific that only include roles found in one ecosystem. Scholars and practitioners can use these clusters when analyzing or building a new platform ecosystem, or transforming a traditional ecosystem towards a platform ecosystem.

Keywords: Platform ecosystem; Ecosystem; Digital transformation; Ecosystem analysis; Similarities (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (11)

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DOI: 10.1007/s12525-020-00407-6

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