Information Ecosystem Business Models

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Notes taken to support breakout discussion of possible business models necessary to support the information ecosystem in life science R&D during the Pistoia Alliance Information Ecosystem Workshop in October 2011.

Transcript of Information Ecosystem Business Models

Page 1: Information Ecosystem Business Models

Business ModelsBusiness Models

Page 2: Information Ecosystem Business Models

PM5 – Business Models

• Nick Trigg – Constellation• Allan Price – Selventa• Dave Medina – HP• Gordon Baxter – Biowisdom/Instem• Kees van Bocheve – The Hyve• Luke Henry - BCG• Peter Boogard – Industrial Lab

Automation• (John Wise – Pistoia Alliance)

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Business model for “new world”

• In a few respects, easy– Offer a service that reduces costs and improves

performance• Customer would like

– to work with a large organisation– one invoice

• In many respects, very difficult– Customer

• Not allows sure what can be offered– Suppliers

• Who gets what money?• What is the service?

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Models

• Old model– Standard licence– Internal equipment and support costs

• Future model– Pay per use (on-demand pricing)– iTunes/App store model

• Truth– Somewhere in the middle– Hybrid (internal for super high security etc)

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What can the PA do to help themselves?

• Project Charter (SS2)– More “Low hanging fruit” Use Cases

• State clear standards• Understanding of costs and benefits

– Real costs– Ability for collaboration– Shared data

• Market size/potential?