As socio-technical systems, digital platforms provide a technical infrastructure that enables multiple users to interact with each other and conduct transactions in the context of products and services.
In this way, companies can rethink their business models, expand their value propositions, and implement innovations. In the industrial sector, digital platforms still offer huge untapped potential. Besides transaction-driven platforms such as trading and networking platforms, data-driven platforms like IIoT platforms, which focus on orchestrating and processing data, play a particularly important role in industry. By using data, new possibilities for optimizing processes are opened up and innovative business models are developed.