Digital Platforms

Digital Platforms represent the core of the digital revolution. They enable us to connect with people all over the world (e.g. social media), to sell and buy goods and services (B2B-, B2C-platforms) or to exchange knowledge and ideas. They also offer connectivity among business- and knowledge partners as well as among a global working community (crowdworking). Platforms can be further developed into a system, based on Big Data and the Internet of Things, where partners exchange ideas, find consensus, develop products, educate themselves or simply exchange data. This empowers a knowledge transfer from society itself to researchers and businesses of all sizes (crowdsourcing) and especially enables small businesses and start-ups to profit from knowledge gained at universities or think tanks. Digital Platforms could also be used as a new tool for financing – which already started in terms of crowdfunding. Digital Platforms also play a strong role in advocating citizens’ rights and needs – strengthening democratization, knowledge transfer and entrepreneurial ideas worldwide.

Digital Platforms are the link between Internet of Things and Big Data. Platforms collect and provide data generated by IoT or smart devices. Digital Platforms are a key instrument to foster the Industry 4.0. Suitable international standards, rules and regulations are needed to ensure that all stakeholders are able to communicate and ensure an optimized digital supply chain.