Do you understand your Digital Ecosystem?

The Importance of the Digital Ecosystem

The Digital Ecosystem in the Balanced Value Impact Model (illustrated by Alice Maggs)

An ecosystem is a set of interdependent relationships among the resources, technologies, organisation hosting, creators and consumers. These must be mapped and described to clearly enunciate the ecosystem of the digital resource. Without understanding the digital ecosystem it is hard to contemplate the full capabilities of the digital resource and its relationship to the stakeholders.

In the Balanced Value Impact Model a digital resource is scoped against a set of parameters. These exist within an ecosystem - a set of interdependent relationships among the resources, technologies, organisation hosting, creators and consumers. The BVI Model provides an opportunity to map and describe the ecosystem of the digital resource.

Parameters that help scope what a digital resource is include:
  • There is a defined resource that is made up of a describable, cohesive set of primary and secondary materials, services, products and activities.
  • The resource is accessed primarily through a digital platform (web, mobile, or other means).
  • The nature of the content within the resource is digital in nature – either achieved through digitization or as born digital content.
  • There is a definable group of users that the resource is intended to reach by digital means.
  • The resource does not have to stand alone, it could be part of a wider set of activities, products, or services.
The BVI Model provides a framework with space to include a summary of the digital ecosystem. Within the Framework this is merely a reminder of key aspects of the ecosystem. Behind this must be a broader and deeper set of information to establish the baseline of the technology in question. Understanding the digital ecosystem is important strategic information that is vital to clear planning

Questions to be answered in establishing an ecosystem of the digital resource include:
  • What is the digital resource or service/product to be the focus of the assessment?
  • What does the digital resource do, how does it behave?
  • What does the digital resource explicitly not do?
  • Via what platforms (web, mobile, other) is the digital resource primarily experienced by the stakeholders?
  • What types and extent of content does it carry? What is the lifecycle of the content contained, is it ephemeral, dynamic, static, etc.?
  • What sort of underlying infrastructure and architectures is it operating within?
  • How does this digital resource relate to other digital resources or services? What dependencies and technical connections are required to make the resource function?
  • What are the minimum technical specifications required by the user to experience the digital resource as intended by its creators?
  • Who hosts the digital resource? Is the organisation/service that hosts the resource the same as that which created it?
  • Who are the expected users of the digital resource?
  • Does the user have to pay/subscribe or otherwise trade (personal information, advertising, etc) to gain access to the resource?
  • Are there any legal or legislative frameworks to be considered, including:
    • Intellectual Property Rights (IPR),
    • Digital Rights Management (DRM),
    • issues of managing personal data,
    • contractual constraints or obligations, and/or
    • legislative frameworks of differing geographic regions.
  • How is the digital resource intended to sustain itself and grow in the future?
In some cases this task will be very short and simple, but as the complexity of the ecosystem and its relationships to stakeholders grows, the task of describing it such that it aids decision making will grow more complex.

The significant challenge is posed: can a detailed understanding of the ecosystem in which a digital resource exists be described such that effective strategic intervention is measurable and capable of responding to changes in that ecosystem? In short, if we do not understand the jungle in which our resources exist are we not more prone to missing the luscious fruit in the canopy or the lurking unexpected predator or natural disaster?

Comments

  1. This comment has been removed by the author.

    ReplyDelete
  2. Thanks for sharing this informative blog, Your post is offering valuable information, and I appreciate the insights it provides. The essence of your message was engaging, and I found it quite enjoyable to read. Also visit Istakapaza 's site for digital ecosystem platform

    ReplyDelete
  3. Digital Transformation in India: A Landscape of Growth
    India's business landscape is undergoing a rapid digital transformation. Companies are adopting digital transformation services to optimize operations, enhance customer experience and gain a competitive edge. These services encompass a wide range of solutions ranging from cloud migration and data analytics to mobile app development and automation.

    ReplyDelete
  4. Thriving in a Digital Age: The Power of Transformation Services

    The landscape of business is constantly evolving, and digital transformation servicesare the tools that empower companies to thrive in this dynamic environment. These services encompass a strategic approach to leveraging technology to revolutionize operations, enhance customer experiences, and unlock new avenues for growth. Digital transformation services can involve anything from cloud migration and data analytics implementation to streamlining workflows and integrating innovative technologies. By partnering with a digital transformation services provider, businesses can gain a competitive edge, foster agility, and adapt to changing market trends with greater ease. This transformative journey unlocks a future brimming with innovation, efficiency, and long-term success.

    ReplyDelete
  5. Unlocking the Potential of Digital Transformation Services
    digital transformation services help businesses improve and solve their digital processes. These services help in adopting new technologies, streamlining business processes, and increasing sensitivity with customers. Through digital transformation services, businesses can improve their products and services, provide a better experience to customers, and make their mark in the market. The purpose of these services is to make the business stronger in the digital age and with it comes increased support.

    ReplyDelete
  6. Unlocking Growth: Navigating the Digital Transformation Landscape with Innovative Services
    Digital transformation services encompass a range of strategies and technologies aimed at modernizing businesses and adapting them to the digital age. These services typically include digitizing processes, adopting cloud computing, implementing data analytics, leveraging artificial intelligence, and enhancing cybersecurity measures. The goal is to improve efficiency, agility, and innovation while staying competitive in rapidly evolving markets.

    ReplyDelete
  7. The Imperative of Digital Transformation: Embracing Innovation for Success
    Digital transformation is essential because it enables businesses and organizations to adapt and thrive in today's rapidly evolving digital landscape. By embracing digital technologies and strategies, companies can streamline operations, improve efficiency, and enhance customer experiences. Digital transformation also facilitates better decision-making through data analytics, empowers remote work capabilities, and opens up new opportunities for innovation and growth. In essence, it's about staying relevant and competitive in a world where technology plays an increasingly central role in nearly every aspect of our lives.

    ReplyDelete
  8. Multiwood has truly transformed our home with its exquisite home furniture. We bought a bedroom set and a few additional pieces, and each item is beautifully crafted and extremely durable. The Sheesham wood and intricate designs add a touch of luxury to our home. The entire process, from selection to delivery, was seamless and professional. Multiwood is simply the best!








    ReplyDelete
  9. Digital transformation definition
    Digital transformation definition
    Digital transformation services refers to the process of integrating digital technologies into all aspects of a business or organization, fundamentally changing how it operates and delivers value to customers. It involves the adoption of new technologies like cloud computing, AI, big data, and IoT, and often leads to improved efficiency, innovation, and customer experiences.

    ReplyDelete
  10. Why digital transformation is important?
    Digital transformation is important because it enhances business efficiency, improves customer experiences, enables data-driven decision-making, fosters innovation, and ensures competitiveness in a rapidly evolving digital landscape.

    ReplyDelete
  11. Digital transformation services meaning --
    Digital transformation services refers to the process of using digital technologies to create new or modify existing business processes, culture, and customer experiences to meet changing business and market requirements. This transformation goes beyond traditional methods and embraces innovative solutions such as cloud computing, artificial intelligence, and big data analytics. The goal is to improve efficiency, increase value for customers, and stay competitive in a rapidly evolving digital landscape. Digital transformation involves rethinking the way an organization operates, integrating digital tools into all areas of the business, and fostering a culture that encourages experimentation and adapts quickly to new opportunities. This comprehensive change is essential for businesses to thrive in the modern era where digital interactions and data-driven decisions are paramount.

    ReplyDelete
  12. Great and that i have a dandy present: How To Budget House Renovation home remodeling contractors

    ReplyDelete

Post a Comment

Popular Posts

The revolution starts here: open access to digital cultural heritage collections in the UK

The Balanced Value Impact Model

BVI Model Version 2 Overview

Government Shutdown = Cultural Shutdown