Digital Business
Essay by Nina Kamaruddin • March 19, 2019 • Exam • 630 Words (3 Pages) • 634 Views
1. Viewing Jibo as a digital platform, what sides do you identify? What potential same-side and cross-side network effects do you identify?
Viewing Jibo as a digital platform, three sides can be identified:
- End users (demand-side platform users), namely customers who would buy Jibo for their use.
- Complementors (supply-side platform users) who enhance the Jibo ecosystem, namely third-party developers who would build new apps and capabilities (i.e. complements) for the Jibo platform as well as strategic content partners.
- The Jibo company, who serves as both the platform provider and the platform sponsor, as they grant access to the Jibo platform, facilitate interactions through complementors and end-users through Jibo, determine who participates in the platform, and are responsible for developing its core platform and technology.
Potential same-side network effects include:
- The more developers there are for Jibo, the richer the use cases and applications other developers may make.
- The more developers there are, the better support system for developers will become.
- The more end users there are, network effects may be generated if there are apps/functionalities that allow them to interact with other Jibo end-users (e.g. videoconferencing).
Many cross-side networks effects can be identified:
- The number of services Jibo can provide to the end-user will increase as the number of developers creating apps for the Jibo platform increases.
- The more developers developing for Jibo and the better the functionality, more consumers will buy Jibo, resulting in more end-users.
- The more strategic content partners Jibo has, the more information can be provided to end-users.
- The more developers there are, the more taxes/fees can be collected by Jibo.
- The more end-users, with more revenue opportunities, the more developers will develop for Jibo.
2. What does it mean for a developer of Jibo skills to multi-hone on two social robot platforms?
When deciding whether to multi-hone on two social robot platforms, a developer must consider the potential costs they incur versus the benefits they could accrue from multi-honing, as well as the projected success of the two social robot platforms. To multi-hone at this stage may mean high costs and limited income.
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