Digital Collaboration Platform Orchestrates the Value Network
Summary
His sentiment about the human condition applies equally to the modern corporation: no longer company-centric, an island unto itself, but a network of value providers ringing the globe in an orchestrated effort to design, produce and deliver products. The digital collaboration platform is both venue and conductor, a place where the firm developing the product posts the models, specifications and individual duties of each supplier in the ensemble. The platform is increasingly hosted in the cloud, to simplify ease of access for network participants, and ensure that everyone is dealing with a single source of truth, constantly updated to reflect the current status of the overall product development effort. These insights, predictions and suggestions—sometimes autonomously taken actions—can aid in the constantly refreshed work-in-progress that is the Digital Twin, to improve the product design, the processes needed to produce it, and the supply chain puzzle of how to anticipate and fulfill demand. And the digital collaboration platform is both the rehearsal studio and final stage for the network’s product performance which, when properly orchestrated, will delight your audience of customers.
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