Snap MyAI: how does it monetize? Generative AI Snap chose to buy, not build, generative AI features through OpenAI’s enterprise Foundry program for an undisclosed amount. Business Models B:C Subscription : The company rolled out the MyAI feature to current Snapchat+ subscribers who pay for access to early features. TBD Advertising: The company intends to roll out the feature to … Read More
AI Business Models: Bing AI
Bing AI: how does it monetize? Generative AI Microsoft invested in an exclusive deal to use OpenAI’s ChatGPT model within their Bing app, which they have named Sydney. Business Models B:C Advertising: The company is considering in-chatbot advertising suggestions after delivering response queries. B:B Per-API-Call: Microsoft is also charging per-API call fees for developers working with Bing search, images, video, … Read More
Which business models will fail?
Which business models will fail? The undoing of lose-money-to-earn hardware models Business model innovation is a combination game, linking partners, suppliers, and other actors to create value for everyone in an ecosystem. But when things fall apart, failed business models suddenly appear visible when they had formerly been hidden in plain sight. While many hardware-as-a-service models will endure, the most … Read More
What to Do if You Have SaaS Brain
What to do if you have SaaS Brain Do you find yourself suffering from the following symptoms: Your sales are starting to slow. Your cancellations on the rise. Your lifetime value (LTV) is shrinking. Your cost of customer acquisition (CAC) is at an all-time high. Your board meetings taken a Game-of-thrones-like turn, and no-one can recommend a way out of … Read More
Which Business Model Will Stick: Tortuga Agtech Robots
Agtech Robot Tortuga AgTech helps growers by using robots that perform a variety of labor-intensive tasks in controlled environments like greenhouses or vertical farms, with an emphasis on harvest. Denver, Colorado, USA Founded Eric Adamson was working in consulting for “very large agribusinesses around the world” before co-founding Tortuga AgTech in 2017 with colleague and automation engineer Tim Brackbill, now … Read More
Co-creating values aligned agreements with founders for impact investing
Schwartz, S. H. (2012). An Overview of the Schwartz Theory of Basic Values. Online Readings in Psychology and Culture, 2, 1. 2020 was the year we all became suddenly aware of the interconnectedness of our global challenges. The COVID-19 pandemic revealed how climate change, health disparities, racial discrimination, housing injustice, population displacement, and other factors all act and interact in … Read More
Connected Things Business Models: Zipline Medical Logistics
Zipline Medical Medical Logistics Zipline is a medical product delivery company that is changing the way medical supplies are delivered throughout the world Founded Before Zipline, the was founded in 2011 by Keller Rinaudo, initially under the business name Romotive which was a robotic toy controlled by an iPhone. Romotive continued production of the toy through 2014 until it was … Read More
Connected Things Business Models: Philips Monitoring-as-a-Service
Enterprise Monitoring Philips provides monitoring capabilities aligned to use and acuity, which means the level of monitoring based on the severity of illness. Monitoring-as-a-service as an offering promises to be more financially-friendly and more aligned to hospital performance goals. Founded It was founded in 1891 by Gerard Philips and his father Frederik, in Eindhoven, Netherlands to manufacture light bulbs. Funding Koninklijke … Read More
Manufacturing-a-as-Service and the launch of Resilience, the Company
#xaas EVERYTHING-as-a-Service The vaccines might be here, but how will we scale manufacturing? One of the earliest canaries in the Twitter mine back in January was Bob Nelson, one of the most successful biotech investors and managing partner of Arch Venture Partners. From his perch, he was able to extrapolate the exponential growth of COVID19 and understand what was about … Read More
The Prize and Price of Connected Things
This series explores the variety of ways established companies and incumbents adapt digital business models for devices and hardware. “The wearables market is not the real prize,” says a team of economists (Bourreau et all 2020) in a position paper directed at The European Union in their evaluation of the Google acquisition of Fitbit. The big news this morning comes … Read More
