MDI Definitions

Question 1

External actors connecting to platforms > Adding

Answer 1

Dedicated complements connecting to a focal platform only

Question 2

External actors connecting to platforms > Bridging

Answer 2

Complements that bridge a focal platform and other products

Question 3

External actors connecting to platforms > Embedding

Answer 3

The focal platform in a broader platform with an open-ended set of connections to other products and services.

Question 4

Approaches for dealing with uncertainty > Planning

Answer 4

Try harder to predict and position more accurately

Question 5

Approaches for dealing with uncertainty > Adaptation

Answer 5

Move faster to adapt to a rapid changing environment

Question 6

Approaches for dealing with uncertainty > Visionary

Answer 6

Persistently build your clear vision of a valuable future

Question 7

Approaches for dealing with uncertainty > Transformative

Answer 7

Transform current means into co-created goals with others who commit to building a possible future

Question 8

Templating > Concepting

Answer 8

The use of the [digital core] in designing and experimenting business concepts for new ventures

Question 9

Templating > Porting

Answer 9

The specialization of a venture’s digital templates to actualize productive opportunities with [minimal adjustment costs]

Question 10

Templating > Generalising

Answer 10

The creation of general solutions for specific sub-problems that can be reused and adapted in the development of derivative digital products. [Versatile resources]

Question 11

Templating

Answer 11

A digitally enabled process of generating and using generic solutions across business areas

Question 12

Mechanisms of digital infrastructure evolution > Innovation

Answer 12

A self-reinforcing process by which new products and services are created as infrastructure malleability spawns recombination of resources

Question 13

Mechanisms of digital infrastructure evolution > Adoption

Answer 13

A self-reinforcing process by which more users adopt the infrastructure as more resources invested increase the usefulness of the infrastructure

Question 14

Mechanisms of digital infrastructure evolution > Scaling

Answer 14

A self-reinforcing process by which an infrastructure expands its reach as it attract new partners by offering incentives for collaboration

Question 15

Mechanisms for scaling > Data-driven operations

Answer 15

The mechanism by which digital ventures frame, hedge, and monitor innovation opportunities and risks through analyzing significant volumes of data.

Question 16

Mechanisms for scaling > Instant release

Answer 16

The mechanism by which digital ventures minimize the time gap between service idea and deployment by concurrently running user- response service trialing and modification.

Question 17

Mechanisms for scaling > Swift transition

Answer 17

The mechanism by which digital technology is effortlessly contextualized to create new value-in-use and new venturing identity.

Question 18

Product service combinations > Product life-cycle services

Answer 18

Services to facilitate the customer’s access to the supplier’s good and ensure its proper functioning during all stages of the life cycle. > Remote vehicle inspection

Question 19

Product service combinations > Asset efficiency services

Answer 19

Services to achieve productivity gains from assets invested by customers. > Program to preemptively replace parts that are likely to fail soon

Question 20

Product service combinations > Process support services

Answer 20

Services to assist customers in improving their own business processes. > A fuel efficiency consultation for
entire fleet

Question 21

Product service combinations > Process delegation services

Answer 21

Services to perform processes on behalf of the customers. > Fleet management of tires on behalf of a trucking company

Question 22

Chasm

Answer 22

The chasm is the gap between early adopters and early majority. This gap is the resistance from people using current technology so that innova4on needs to connect to old technology through behavioural aspects (low behavioural change, lightbulb example).

Question 23

Data Density Processes > Pattern spotting

Answer 23

Identify data-driven solutions for improving services

Question 24

Data Density Processes > Real-time decisioning

Answer 24

Predict likely future states where value can be generated through a fast, targeted response

Question 25

Data Density Processes > Synergistic exploration

Answer 25

Using data to identify new service innovations (input for product updates)