Entrepreneurs pitch their startups as the next Uber, the next Facebook, or the next Airbnb, while executives in established companies are retooling their strategies around platforms to drive growth and compete digitally. But creating a successful platform business is not easy, as economists Richard Schmalensee and David S. Evans will tell you. Schmalensee and Evans have studied multisided platforms — in other words, businesses that create value by connecting two or more sets of participants via a physical or virtual platform — for more than a decade. Their most recent book for executives, Matchmakers: The entrepreneur has to solve a tough puzzle and use counterintuitive strategies to make a go of it. Mangelsdorf spoke with Schmalensee and Evans to learn more about just what it takes to get a platform strategy right. What follows is an edited and condensed version of their conversation.
USHCC Presents Federal Agency Business Matchmaking
In its economic policy released in July , Daw Aung San Suu Kyi highlighted the importance of infrastructure development, noting that the government will focus on producing and distributing power, building and maintaining rural roads, and developing better port facilities. According to Irza Fauzan Suprapto, Director of Industry Platform Pte Ltd, the recent economic liberation provides a vast opportunity for international vendors to access the market and capture enterprises who are looking to ‘leapfrog’ into new technologies.
While basic ICT infrastructure is being developed and completed, awareness on a digital strategy is crucial for local firms to grow and maximize the potential of ICT and IoT in their operations,” he added. Mckinsey outlined 4 areas of priorities to leapfrog Myanmar’s economic developments, including transformation in digital infrastructure; sectoral shift from agricultural to manufacturing; expansion of well-planned urbanization; and a globally-connected economy.
Business Connect is an intuitive online matchmaking programme, allowing you to book your meetings in advance with the right contacts for your business. The Government Buyers Programme is a networking platform gathering experts, procurement officers, and decision makers from government entities, and exhibitors to explore business opportunities.
To make sure your business is considered precisely when qualified prospects are ready to buy, use SAP Ariba Discovery. That helps participating suppliers in more than 20, categories find leads valued at billions of dollars in new business every year. SAP Ariba Discovery can help you increase sales by: Automatic matching After your free registration, you’re notified whenever business matchmaking finds a buyer is looking for the products or services you offer.
Convenient account management Track new business opportunities with a handy, flexible online dashboard that shows you all sales leads, profile views, relationship activity, and more. Faster sales cycles From finding the lead and establishing the relationship to negotiating and closing the sale, everything is accelerated when you use SAP Ariba Discovery.
Advanced search You can find leads among SAP Ariba Discovery postings by specifying project amount, product and service categories, and ship-to or service locations. Facilitated collaboration Intuitive functionality helps you submit questions to buyers, interact with them via web meetings, and receive messages.
Competitive advantage A standard account is free and you can upgrade your subscription for enhanced exposure, more functionality, and preferential ranking in search results. Learn more about our premier business matchmaking service in this datasheet. It addresses general questions as well as supplier- and buyer-specific questions.
The platform will provide networking and sourcing opportunities both online and onsite via pre-scheduled meetings with the vision of forging investment opportunities, commercial partnerships, and encouraging technological transfer and know-how. Additionally, GVCM will enable countries to identify and meet with global manufacturers to promote industrial development, and familiarize global manufacturers with targeted industrial activities in various countries, as well as becoming a source of valuable information for global investments, providing insights on legislation and regulations, sovereign risk, political stability, and physical and logistical infrastructure.
Held from March , in Abu Dhabi, the Global Manufacturing and Industrialisation Summit will bring together global decision-makers to plot a path for transformational manufacturing. As strategic partner, ZonesCorp , the largest operator of purpose built industrial zones in the UAE, has significant expertise in bringing companies together for major investment projects.
ZonesCorp operates a unique ecosystem of companies that are organised into vertically-integrated clusters that bring upstream and downstream companies together. As such, we have a unique understanding of the value chain and efficiency benefits that can be gained from an integrated and collaborative approach.
Ep Podcast Show Notes: Geoffrey Parker and the Platform Revolution About Geoff Parker Geoffrey Parker is a professor of management science at Tulane University and a research scientist at the MIT Initiative for the Digital Economy.
EPSI EPSI is a membership-based networking organisation within Europe that focuses on innovation in the areas of physical activity related to sport, leisure and health. EPSI strives for a more innovation-friendly environment for the EU sports industry, in order to stimulate technological innovation and to set up businesses with a focus on innovative technology.
FESI FESI, the Federation of the European Sporting Goods Industry, is the unique Brussels-based European organisation that represents the interests of some 1, European sporting goods manufacturers to the European political institutions, other international sport federations and other associations. The cluster incorporates 9 sport field labs in the region, located around top sport facilities. Field labs have been developed for gymnastics, swimming, equestrian sports, soccer, sports for the disabled and sports stimulation.
As a cluster, we bring together companies and research centres related to the world of sport, with the main objective of developing actions that improve companies’ competitiveness, encouraging the development of innovative products and services. Our development strategy is structured into 2 domains of strategic activity — DSA: It is a non political and non profit association.
The Cluster is managed by experienced entrepreneurial managers with roots in business development and cycling industries.
Lift up success of your B2B events, shows and conferences
The free pet adoption iPhone app has been released by AllPaws, a website designed to make pet adoption more like online dating. The AllPaws app features more than , listings of adoptable animals — dogs, cats, horses, sheep, birds, pigs and reptiles, among them — which you can sort in various ways including by breed, energy level, size, coat length and special needs. This handsome guy is Zo. He’s available for adoption through the Animal Welfare League of Alexandria, Virginia , and is one of more than , dogs on AllPaws.
You can also filter by which pets are closest to you geographically, which have been “favorited” the most, and which are the most shared. Yes, even pet adoption favors the beautiful and the popular.
Jan 25, · As a registered attendee at CPhI South East Asia you will have FREE access to the official ‘Matchmaking’ service. This is a powerful, effective and intuitive online matchmaking tool which allows you to search for and arrange meetings with exhibitors and visitors prior to the show.
Matchpool is built to be a challenge to all these centralized competitors. The Alpha version that has been launched offers basic functionality of a social platform, including the option to create your own community pools which are midway between Slack channels and Facebook groups , membership in a pool paid or free-of-charge, linking pools to geographic locations, instant messaging etc. Though, the exact date of beta release heavily relies on the results of the alpha version public testing.
Explaining the project, the founders Ben Shimon and Max Richardson stated that the pools themselves can be dedicated to virtually anything, and therefore, bring people together accordingly with their shared interests. There will be many more features on the offer following the later stages of development. Matchpool members would be able to access Guppy tokens within the platform. GUP would be used to gain access or subscribe to pay-walled groups pools and purchase content created by pool owners.
The platform will later also offer developers the opportunity to develop custom DApplets, which will provide pool owners with add-ons for their communities further down the line. Developers will be able to earn from transactions via DApplets they create. Matchpool Alpha version can be accessed at https: April 2nd, by Jayanand Sagar.
Primary exhibitor focus of the event is warehousing, materials handling, automation, mobility, WMS, cleaning, supply chain, logistics and storage solutions. Over companies will be showcasing products and services across the supply chain. The logistics tour will cover entire Thailand in a series of road shows with over one on one meetings, road shows in 10 countries, 15 new associations, covering 6 states of Thailand and 20 provinces.
The event is expected to expand into bigger space, with a further rise in exhibitor numbers. Concurrent conference Asia Warehousing Summit would give an insight into the various aspects of modern warehousing, logistics and material handling and will immerse you in 2 days of inspiration, learning and networking.
Oct 17, · Koble is a business-to-business (B2B) matchmaking platform that is reimagining the way larger companies and smaller businesses connect. The Koble platform is a buyer-friendly community that encourages business professionals like you to use content to spark genuine conversations and mutually beneficial engagements.
Blockchain , Ex-hedge fund manager , GUP token , Incentive-based community , Joe Shapira , Matchmaking , Matchpool , Online dating industry , Yonatan Ben Shimon Matchpool logo Former hedge fund manager Yonatan Ben Shimon, working with advisor Joe Shapira, who is also the founder of popular Jewish dating platform JDate, is going to launch a blockchain-based online dating and matchmaking platform called Matchpool , according to a press release CoinReport received.
An incentive-based community platform that lets anyone open their own dating pool, Matchpool aims to disrupt the multi-billion dollar online dating industry and modernize the centuries-old matchmaking profession, said the release. The GUP token crowdsale is planned to be launched in February, while the platform will be launched in limited release in spring of this year. Statistics reveal that close to 40 percent of couples run into each other through common friends in spite of the rise of online dating.
To achieve that, Matchpool will serve as a fair, incentivized platform. For successful matches, matchmakers can earn Guppies, whereas users can earn Guppies just for participation. In time, everybody will be able to trade or sell their GUP on digital currency exchanges of high repute. Louisiana Department of Education taught one of his articles to students of its career diploma course ‘Film in America’ after adding the article in its comprehensive curriculum. Follow Tabish on Twitter mdtabish Previous Story.
KPMG acquires business matchmaking platform, Matchi
Tweet The peer-to-peer business model works on the premise of playing matchmaker between individuals with a service to offer and others who could use that service. We look specifically at Lyft, a company that helps individuals who need a ride match up with people who have a car and want to earn a few bucks by giving them rides. Is there an opportunity for your organization to leverage matchmaking among your customers to fulfill their needs and to generate some revenue?
A peer-to-peer business is one where consumers can buy and sell products and services to one another. Economies of scale, making really big purchases and doing big things like ensuring investments, standards of quality, recourse, brand promise.
BBVA has launched a match-making platform that helps fintech startups get in touch with business units at the Spanish bank that might benefit from their products and services. The Open Marketplace.
Through this partnership, all Celcom Business customers will enjoy exclusive benefits such as preferential rates on Koble packages and tailored campaigns. The announcement also comes after Xpand, an enterprise solutions and IoT business of Axiata Group, signed an exclusive licensing agreement in August this year to offer SMEs and larger enterprises in Asia with a digital matchmaking service. The Koble platform combines social networking with anonymous and AI-powered matchmaking to improve relationship management for both qualified buyers and sellers looking to grow their businesses.
According to the press statement, it eliminates the friction of B2B buying and selling online, by blending consumer networking for faster adoption with the requirements businesses need, such as authenticity and privacy. As a result, it makes it easier for businesses to meet for mutually beneficial conversations by removing issues such as wasted resources from time spent searching and high marketing cost.
Members of the Koble network also have access to free and premium features including targeting, anonymous chat and peer performance comparisons, among others.
Chinese, Hindu, and Jewish cultures have institutionalized the role for several millennia. At different points in time, talented matchmakers have held positions of status, and with good reason. By connecting people for romantic or other reasons, an intermediary can dramatically expedite the connection process, decrease search costs, and help individuals find better matches than they could on their own. Both require an organizer to make interaction possible, but in centralized ecosystems, such as those run by a matchmaker, the organizer actively manages interactions and connects participants for specific purposes.
In decentralized ecosystems, participants are left to govern themselves. Your local bar is a good example of a decentralized ecosystem:
ECUAFIELDS® will participate in the Business Matchmaking Forum in the city of Guayaquil held on June and The Business Matchmaking Forum in Ecuador is the most important commercial platform of the country, where they anualy gather the principal representatives of .
Click Here to get free updates of new posts Note: This post first appeared on Harvard Business Review. I am delighted to have coauthored this with Mark Bonchek. The framework presented in this piece is foundational to my work on Platform Thinking and will be referenced in some of the subsequent posts. Build a better platform, and you will have a decided advantage over the competition.
In construction, a platform is something that lifts you up and on which others can stand. The same is true in business. By building a digital platform, other businesses can easily connect their business with yours, build products and services on top of it, and co-create value. Consider the market for smartphones. Nokia and Blackberry today are a shadow of their former glory. Their technology and products lag Apple and the Android ecosystem.
But the triumph of Apple and Android is not from features and functions. It is from the app store on which external developers create value. Microsoft has gotten excellent reviews for the technology in its new phones, but it is the ability to create a successful platform that will determine its ultimate success.
Xometry: Meet The Matchmaking Masterminds Of Manufacturing
Practice[ edit ] Advertisement for a matchmaking service Chennai , India In some cultures, the role of the matchmaker was and is quite professionalized. The Ashkenazi Jewish shadchan , or the Hindu astrologer , were often thought to be essential advisors and also helped in finding right spouses as they had links and a relation of good faith with the families.
In cultures where arranged marriages were the rule, the astrologer often claimed that the stars sanctified matches that both parents approved of, making it quite difficult for the possibly-hesitant children to easily object — and also making it easy for the astrologer to collect his fee. However, when farming families were widely separated and kept all children on the farm working, marriage-age children could often only meet in church or in such mandated social events.
The JCM Matchmaking Platform aims to help Japanese and JCM partner countries companies find and contact each other to exchange project ideas and technology interests. Submission of information to the JCM Matchmaking Platform does not guarantee finding a project partner or project application.
What is a platform? A platform business is one that creates value by facilitating exchanges between two or more interdependent groups, usually consumers and producers. Platform businesses have four core functions: How does the platform connect a producer and a consumer? How does the platform recruit and retain enough producers and consumers to create liquidity? Setting Rules and Standards:
Originate aggregates early stage off-grid, mini grid and renewable energy opportunities and make them happen. Originate a RINA Initiative Project development as an open process, where developers are guided and supported by industry experts and technology manufacturers to structure credible and bankable initiatives. Originate a RINA Initiative An initiative to improve the project origination process by aggregating opportunities across Africa, streamlining development, and applying standards in line with technical, commercial, environmental and social requirements of development funding institutions.
The mentoring software platform which enables you to easily match your people into effective mentorships at any scale. Learn more about Mentorloop Mentorloop is a cloud-based mentoring software platform which enables organisations to match their people into effective mentorships at any scale – saving program coordinators time and improving.
The Future of Business Matchmaking By Aman Baboolal and Justine White 24 May How a new green business facility in South Africa is connecting local companies to the global green economy Traditional trade mission functions are becoming obsolete. Over hors d’oeuvres, business cards are exchanged, elevator pitches are delivered but, in most cases, entrepreneurs leave with empty promises to stay in touch and no useful contacts.
The reasons for business matchmaking have not changed much either. In South Africa, green small and growing businesses are often under-resourced or inexperienced when attempting to access the global assets required to build a competitive advantage. The traditional matchmaking provided through trade missions is not focused at the firm level; there is no trusted intermediary to play the facilitation role, and private consultants are unaffordable. Where would one start?