Page - 128 - in Digital Entrepreneurship - Impact on Business and Society
Image of the Page - 128 -
Text of the Page - 128 -
Furthermore, the case studies carried out can be prescribed within the “inno-
vationmatrix”. The cases here illustrate the scope ofAI applications on a strategic
level.Not only one-sided fossilized application possibilities, but also double-sided,
partly varyingly pronounced combinations are possible.
In addition, it has been shown thatAI cannot only be developed in-house but is
also available to companies in the form ofmarket services. Noticeably, not every
conceivable form ofAI for companies is available on themarket, butmany func-
tions are already offered that can be related to core functions of a company.
Nevertheless, there are already providers who offer development assistance with
their services forAI-basedservices.TheoffersonshownherearemostlyAIaaSand
play an assisting or supporting role the user organizations. These applications have
an innovative character, which can have a moderate but sustainable impact on
businessmodels, especially in the area of supporting services. On the other hand,
completely newBM is already emerging throughAI,which is onlymade possible
using this technology. Such innovations have the strongest character on the
strategic level for companies, in the sense that they can potentially be built on an
increasedoruniquecreationofvalue.Whether a resultingbusinessmodelwill have
adisruptive nature cannot usually be assessed in advancebut is a phenomenon that
only occurs in the long term. The following diagram is intended to illustrate the
previous results for the classification of theAI performance, described in the case
studies. At this point, AIaaS and IaaS services are excluded, since theymay be an
essential component for thedevelopmentofownAIapplications.Theyare ratherof
secondary importance for the innovationpotential concerning the implementation in
the BM. Especially, the interface between activity and customer focus in a high
(grand) level of innovation is of interest at this point. If both characteristics can be
achievedby anAI application, it appears in the examples considered here as if this
could lead to far-reaching changes in the BM. In theory, these changes have the
potential to be disruptive (Fig. 3).
Finally, another assumption canbemade regarding the disruptive nature of new
businessmodels in thefieldofAI. It ispossible thatAI-drivenbusinessmodelsmay
have disruptive potential, provided that they can demonstrate a sufficiently strong
focus on the activity and customer side in the businessmodel.While the two cases
presentedhere aremerely intended to serve as an indicator for such an idea, further
case studies aswell as long-termstudies about thesebusinessmodels arenecessary.
5.2 Derivation of theDynamic Interaction andResulting
Strategies
The question arises as to what insights entrepreneurs can draw from the findings
derivedhere regarding the role ofAI in the innovation of businessmodels. First, it
becomes clear that such adifferentiation ofAI applications as thatmadehere is not
aplanningmethod for thedevelopmentofAIwithin thecompany.Rather, thisview
opens a possibility to classify AI ideas and applications with respect to their
influence on the business model using the presented matrix and roles. It can be
132 W. Pfau and P. Rimpp
Digital Entrepreneurship
Impact on Business and Society
- Title
- Digital Entrepreneurship
- Subtitle
- Impact on Business and Society
- Authors
- Mariusz Soltanifar
- Mathew Hughes
- Lutz Göcke
- Publisher
- Springer Verlag
- Location
- Cham
- Date
- 2021
- Language
- English
- License
- CC BY 4.0
- ISBN
- 978-3-030-53914-6
- Size
- 16.0 x 24.0 cm
- Pages
- 340
- Keywords
- Entrepreneurship, IT in Business, Innovation/Technology Management, Business and Management, Open Access, Digital transformation and entrepreneurship, ICT based business models
- Category
- International