Becoming a Platform Organization: How Incumbent Companies Stay Competitive

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Becoming a Platform Organization: How Incumbent Companies Stay Competitive

Article
Posted January 23, 2019 in Business Agility & Software Engineering Excellence, Business Technology & Digital Transformation Strategies, Data Analytics & Digital Technologies Cutter Business Technology Journal


Platforms

This article takes us into the insurtech platform world and describes how incumbents must adapt their business models and processes to exploit technological opportunities to remain competitive. The authors suggest that the definition of “platform” can extend from a purely technological definition to a more integrated one, and they explore ways incumbents can benefit from the capabilities insurtech offers.