IGLC 25 · Heraklion, Greece · 2017

Platform Ecosystems: Unlocking the Subcontractors’ Business Model Opportunities

  1. Doctoral Candidate, Department of Civil Engineering, Aalto University, Finland, enni.laine@aalto.fi
  2. Chief Technology Officer, Fira Oy otto.alhava@fira.fi
  3. Assistant Professor, Department of Civil Engineering, Aalto University, Finland, antti.peltokorpi@aalto.fi
  4. Professor of Practice, Department of Civil Engineering, Aalto University, Finland, olli.seppanen@aalto.fi

https://doi.org/10.24928/2017/0325

Abstract

Platform ecosystems facilitated by the internet are changing the way market mechanisms work. The platform ecosystem business model, using data and network effects, creates new rules for how value is created and delivered. The viral growth characteristic to platform ecosystems has already caused disruption in several industries. The purpose of the research is to explore business opportunities facilitated by the platform ecosystem business model in the construction sector through an example case of a residential building construction. The key concepts and underpinning logics of the platform ecosystem business model are defined. Interactions between the five lean principles and the platform ecosystem concept are reviewed. Finally, an example case of implementation

Keywords

  • Lean
  • platform ecosystem
  • business model design
  • network effect
  • construction industry

Cite this paper

APA 7th edition

Laine, E., Alhava, O., Peltokorpi, A., & Seppänen, O. (2017). Platform Ecosystems: Unlocking the Subcontractors’ Business Model Opportunities. In 25th Annual Conference of the International Group for Lean Construction (pp. 177–184). https://doi.org/10.24928/2017/0325

Shortened reference for IGLC papers

Laine, E., Alhava, O., Peltokorpi, A., & Seppänen, O. (2017). Platform Ecosystems: Unlocking the Subcontractors’ Business Model Opportunities. IGLC25. https://doi.org/10.24928/2017/0325