A platform business model is a way of organising a company that connects two or more distinct groups, such as buyers and sellers, to enable interactions and exchanges. The platform itself does not usually own the goods or services being exchanged but provides the rules, tools and infrastructure for others to interact. Well-known examples include…
A digital ecosystem strategy is a plan for how organisations use digital tools, platforms, and partnerships to connect with customers, suppliers, and other stakeholders. It involves creating value by linking different services and technologies, often across company boundaries. The goal is to build a network where all participants benefit and grow together through shared digital…
Emerging technology adoption refers to the process of recognising, evaluating, and integrating new or developing technologies into organisations or everyday life. This often involves assessing potential benefits, costs, and risks associated with the technology. Adoption can be influenced by factors like usefulness, ease of use, readiness, and the willingness of people or groups to try…
Technology scouting is the process of searching for new and emerging technologies that could benefit an organisation. It involves identifying, evaluating, and tracking innovations that may provide competitive advantages or solve specific challenges. Companies often use technology scouting to stay ahead in their industry by adopting or partnering with external sources of innovation.
Innovation strategy is a plan that guides how a business or organisation approaches creating new products, services, or ways of working. It sets clear goals for innovation and outlines the steps needed to achieve them. By following an innovation strategy, organisations can stay competitive, adapt to changes, and ensure they are meeting customer needs effectively.
Digital roadmap planning is the process of creating a step-by-step guide for how an organisation will use digital technologies to achieve its goals. It involves setting priorities, identifying necessary resources, and outlining when and how each digital initiative will be carried out. This helps businesses make informed decisions, stay organised, and measure progress as they…
A digital transformation strategy is a plan that guides how an organisation uses digital technologies to improve its business processes, services, or products. It sets clear goals, timelines, and resources needed for adopting new tools and ways of working. This strategy helps organisations stay competitive and meet changing customer needs by making smart use of…
An Explainable AI Strategy is a plan or approach for making artificial intelligence systems clear and understandable to people. It focuses on ensuring that how AI makes decisions can be explained in terms that humans can grasp. This helps users trust AI systems and allows organisations to meet legal or ethical requirements for transparency.
A model scalability strategy is a plan for how to grow or adapt a machine learning model to handle larger amounts of data, more users, or increased complexity. This involves choosing methods and tools that let the model work efficiently as demands increase. Without a good scalability strategy, a model might become too slow, inaccurate,…
A model versioning strategy is a method for tracking and managing different versions of machine learning models as they are developed, tested, and deployed. It helps teams keep organised records of changes, improvements, or fixes made to each model version. This approach prevents confusion, supports collaboration, and allows teams to revert to previous versions if…