AI in Manufacturing: Business Models for Platform Ecosystem Stakeholders

Markku Mikkola

AI in Manufacturing: Business Models for Platform Ecosystem Stakeholders

Markku Mikkola (Corresponding author)

BA5609 Intelligent supply chains and logistics

Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Scientific

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Abstract

This paper presents the preliminary findings from a H2020 funded knowlEdge project that is focusing on developing AI solutions and their marketplace for the manufacturing sector together with the related business models. The key findings regarding the business models are presented using the developed marketplace platform canvas as a framework. Compared to the traditional software business, AI solutions business seem to require much more human support. Also, data sharing between the customer and the AI service provider is often required. These are some of the AI application specific issues that need to be considered when developing the business models of different stakeholders in the AI marketplace ecosystem.

Original language	English
Title of host publication	Proceedings of the XXXIV ISPIM Innovation Conference 2023
Publisher	International Society for Professional Innovation Management ISPIM
Number of pages	12
ISBN (Electronic)	978‐952‐65069‐3‐7
Publication status	Published - 5 Jun 2023
MoE publication type	B3 Non-refereed article in conference proceedings
Event	XXXIV ISPIM Innovation Conference: Innovation and Circular Economy - The Cankarjev Dom (CD) Congress Centre, Ljubljana, Slovenia Duration: 4 Jun 2023 → 7 Jun 2023 Conference number: XXXIV https://www.ispim-innovation-conference.com

Conference

Conference	XXXIV ISPIM Innovation Conference
Country/Territory	Slovenia
City	Ljubljana
Period	4/06/23 → 7/06/23
Internet address	https://www.ispim-innovation-conference.com

Keywords

Business models
Artificial intelligence
AI marketplace
Business networks
Business ecosystems

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

ISPIM_Ljubljana_2023_Paper_MikkolaFinal published version, 68.8 KBLicence: Unspecified

knowlEdge: Towards AI powered manufacturing services, processes, and products in an edge-to-cloud-knowlEdge continuum for humans [in-the-loop]
Walter, S. (Manager), Mikkola, M. (Participant), Hentula, M. (Participant), Lämsä, V. (Participant) & Saari, L. (Participant)
1/01/21 → 31/12/23
Project: EU project

Cite this

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title = "AI in Manufacturing: Business Models for Platform Ecosystem Stakeholders",

abstract = "This paper presents the preliminary findings from a H2020 funded knowlEdge project that is focusing on developing AI solutions and their marketplace for the manufacturing sector together with the related business models. The key findings regarding the business models are presented using the developed marketplace platform canvas as a framework. Compared to the traditional software business, AI solutions business seem to require much more human support. Also, data sharing between the customer and the AI service provider is often required. These are some of the AI application specific issues that need to be considered when developing the business models of different stakeholders in the AI marketplace ecosystem.",

keywords = "Business models, Artificial intelligence, AI marketplace, Business networks, Business ecosystems",

author = "Markku Mikkola",

note = "Only abstract peer-reviewed; XXXIV ISPIM Innovation Conference : Innovation and Circular Economy ; Conference date: 04-06-2023 Through 07-06-2023",

year = "2023",

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N2 - This paper presents the preliminary findings from a H2020 funded knowlEdge project that is focusing on developing AI solutions and their marketplace for the manufacturing sector together with the related business models. The key findings regarding the business models are presented using the developed marketplace platform canvas as a framework. Compared to the traditional software business, AI solutions business seem to require much more human support. Also, data sharing between the customer and the AI service provider is often required. These are some of the AI application specific issues that need to be considered when developing the business models of different stakeholders in the AI marketplace ecosystem.

AB - This paper presents the preliminary findings from a H2020 funded knowlEdge project that is focusing on developing AI solutions and their marketplace for the manufacturing sector together with the related business models. The key findings regarding the business models are presented using the developed marketplace platform canvas as a framework. Compared to the traditional software business, AI solutions business seem to require much more human support. Also, data sharing between the customer and the AI service provider is often required. These are some of the AI application specific issues that need to be considered when developing the business models of different stakeholders in the AI marketplace ecosystem.

KW - Business models

KW - Artificial intelligence

KW - AI marketplace

KW - Business networks

KW - Business ecosystems

M3 - Conference article in proceedings

BT - Proceedings of the XXXIV ISPIM Innovation Conference 2023

PB - International Society for Professional Innovation Management ISPIM

Y2 - 4 June 2023 through 7 June 2023

ER -

AI in Manufacturing: Business Models for Platform Ecosystem Stakeholders

Abstract

Conference

Keywords

UN SDGs

Access to Document

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Projects

knowlEdge: Towards AI powered manufacturing services, processes, and products in an edge-to-cloud-knowlEdge continuum for humans [in-the-loop]

Cite this