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Cloud Computing - The Future of Digital Platforms

A study by Cloudflight and Equinix examines success criteria for digital platforms and identifies approaches to building successful digital business models.
E-3 Magazine
July 22, 2020
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This text has been automatically translated from German to English.

The study "Digital Platforms - Maturity and Design Criteria for Successful Digital Business Models" shows that companies that invest in building digital platforms can create strategic competitive advantages in the long term - provided they focus on networking within a digital ecosystem.

Companies in all industries rely on a solid IT infrastructure that forms the foundation of effective digital platforms. The key characteristics are: "decentralized, cloud-ready, highly networked and automated".

All digital platforms have one central feature in common - they connect infrastructures, data, things and people. According to the report, the top 100 companies in Germany will generate around 20 percent of their revenue directly from digital business in 2020.

Thus, the use of digital platforms offers companies new marketing and revenue opportunities. Of interest to companies are those that go hand in hand with the development of digital platforms - especially in times when analog sales are stagnating and the share of digital sales is growing ever stronger.

The prerequisite for this is the establishment of a platform economy in which several players in an industry come together digitally and are networked with each other. The report recommends a bottom-up approach for companies building digital platforms.

This provides for the establishment of a solid and globally networked IT infrastructure as the foundation of the digital platform. The use of innovative technologies such as AI or quantum computing can help to further strengthen competitiveness in the future.

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Work on SAP Basis is crucial for successful S/4 conversion. This gives the so-called Competence Center strategic importance among SAP's existing customers. Regardless of the operating model of an S/4 Hana, topics such as automation, monitoring, security, application lifecycle management, and data management are the basis for the operative S/4 operation. For the second time already, E3 Magazine is hosting a summit in Salzburg for the SAP community to get comprehensive information on all aspects of S/4 Hana groundwork. With an exhibition, expert presentations, and plenty to talk about, we again expect numerous existing customers, partners, and experts in Salzburg. E3 Magazine invites you to Salzburg for learning and exchange of ideas on June 5 and 6, 2024.

Venue

Event Room, FourSide Hotel Salzburg,
At the exhibition center 2,
A-5020 Salzburg

Event date

June 5 and 6, 2024

Tickets

Early Bird Ticket - Available until 29.03.2024
EUR 440 excl. VAT
Regular ticket
EUR 590 excl. VAT

Secure your Early Bird ticket now!

Venue

Event Room, Hotel Hilton Heidelberg,
Kurfürstenanlage 1,
69115 Heidelberg

Event date

28 and 29 February 2024

Tickets

Regular ticket
EUR 590 excl. VAT
The organizer is the E3 magazine of the publishing house B4Bmedia.net AG. The presentations will be accompanied by an exhibition of selected SAP partners. The ticket price includes the attendance of all lectures of the Steampunk and BTP Summit 2024, the visit of the exhibition area, the participation in the evening event as well as the catering during the official program. The lecture program and the list of exhibitors and sponsors (SAP partners) will be published on this website in due time.