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German B2B Platforms’ Contribution Towards a Resilient Economy

In: Digital Business Models in Industrial Ecosystems

Author

Listed:
  • Dieter Kempf

    (Bundesverband der Deutschen Industrie e.V.)

  • Steven Heckler

    (Bundesverband der Deutschen Industrie e.V.)

Abstract

The Corona pandemic has highlighted the necessity for enterprises resilience, i.e. the ability to withstand systemic discontinuities and adapt to new risk environments. Companies can adjust to these challenging circumstances by constantly reinventing themselves. German industry is world-renowned for its engineering of technical products and services. Due to the success of US-American and Chinese consumer-oriented platform-based business models, the question arises if German companies’ approaches to develop industrial business-to-business platforms can enhance their resilience in light of challenges such as the digital transformation, or systemic shocks, such as global trade conflicts and the Corona pandemic. Based on a categorisation of Germany’s B2B landscape into data-centric and transaction-centric platforms, the paper draws on recent quantitative studies to analyse the potential of German B2B platforms for augmented enterprise resilience in industry and industry-related services. The paper showcases that B2B platforms are a cornerstone for implementing Industry 4.0 and thus the digital transformation from a product-centric economy to a model that smartly combines physical engineering with data-based, digital value-added services. At the same time, digital B2B platforms help to minimise CO2 emissions, to cut back on production and logistics costs and to maximise the efficient utilisation of R&D, production and transport capacities.

Suggested Citation

  • Dieter Kempf & Steven Heckler, 2021. "German B2B Platforms’ Contribution Towards a Resilient Economy," Future of Business and Finance, in: Kai-Ingo Voigt & Julian M. Müller (ed.), Digital Business Models in Industrial Ecosystems, pages 89-103, Springer.
    • Handle: RePEc:spr:fuobcp:978-3-030-82003-9_6
    DOI: 10.1007/978-3-030-82003-9_6
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