Business Model Innovation in Software Product Industry: by Kul Bhushan C. Saxena, Swanand J. Deodhar, Mikko Ruohonen PDF

By Kul Bhushan C. Saxena, Swanand J. Deodhar, Mikko Ruohonen

ISBN-10: 8132236505

ISBN-13: 9788132236504

ISBN-10: 8132236521

ISBN-13: 9788132236528

This e-book examines the present large alterations within the software program product at the foundation of industrial version alterations affecting six software program items, and proposes a popular framework for enterprise version innovation. as a result mixed results of globalization, new industry expectancies and IT consumerization, the software program has been experiencing a interval of basic and speedy switch. attaining agility and the facility to innovate has now develop into very important, hence forcing enterprises to create gigantic strength for innovating their enterprise types.

Proprietary and open resource software program (OSS) licensing symbolize the 2 severe ends of the spectrum that may be used to construct the company version of a software program product. Given the replaced face of the software program product undefined, winning software program product owners are innovating their company types through adopting numerous combos of those unilateral and new company types. besides the fact that, those thoughts additionally pose a few demanding situations. The ebook examines those demanding situations within the context of a number of software program product case reports within which businesses effectively (or at times, much less effectively) met those demanding situations and adjusted their company models.

Focusing at the significant concerns with regards to enterprise types within the software program product undefined, the publication is focused for quite a few readers: software program entrepreneurs/start-ups, software program product pros, teachers and scholars. although the and applied sciences are altering speedily, the problems addressed listed below are primary and should stay very important ones for the foreseeable future.

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Cost structures. The most important costs incurred at Mira Software for providing the value proposition are those of labour (business process mapping and software development). Mira Software Solutions is a service company with the primary resource of human capital. The office space and the computers are not expensive compared to the costs of personnel. Costs are being kept to a minimum in order to be able to offer customers a relatively low price for very high-quality customized software. Fixed costs include the rent of the servers, and the rent of the office space.

Though there is no guarantee for financial success (business success), there are however three characteristics of a successful business model: it offers unique value; it is hard to imitate, and it is grounded in reality (Linder and Cantrell 2000). These are, however, business model characteristics and do not define necessarily the business success of the firm with this. According to Teece (2010), a good business model yields value propositions that are compelling to customers, achieves advantageous cost and risk structures, and enables significant value capture by the business that generates and delivers products and services.

Key Activities: This category comprises the activities a company has to perform to make its business model work. These activities may vary based on the kind of business model, but they should all support the other critical building blocks of the framework. Examples of such activities could be supply chain management, problem solving or management of a business platform. These activities can be categorized into production related, problem-solving related or platform/network related. Key Partners: This category describes the network of suppliers and partners of a company.

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Business Model Innovation in Software Product Industry: Bringing Business to the Bazaar by Kul Bhushan C. Saxena, Swanand J. Deodhar, Mikko Ruohonen

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