new business model for the future of broadcasting

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2014 Korean Society of Broadcast Engineers Autumn Conference,Speaker, Sang-il Park

TRANSCRIPT

Sangil Park 1

New Business Model for the Future of Broadcasting

2014. 11. 7.

서울과학기술대학교

전자IT미디어공학과

박상일

Sangil Park 2

FROM CONVERGENCETO DIVERGENCE

How are the businesses making their turning point

in a multi-platform environment ?

Sangil Park 3

Traditional Business Prospect for IT industryConverging IT devices can get you a real money?

Sangil Park 4

SmartTVDo we really need to watch pay TV channel with SmartTV?

Sangil Park 5

NETFLIXVS HULUWhy netflix and hulu are consumed in many ways?

Sangil Park 6

HULU+

How hulu provides tons of videos for free?

Sangil Park 7

NEW SERVICE MODELNETFLIX:Drone to home

Sangil Park 8

WhyAmazon provides these contents at low price ?

AMAZON = On line book-store ?

Sangil Park 9

The Product Business Model is Broken

Sangil Park 10

TRADITIONAL BUSINESS VALUE CHAINValue added flows in one way and it means the price goes up.

Supply Manufacture Assemble Retail

+Value

added

+Value

added

+Value

added

Sangil Park 11

BUSINESS VALUE CHAIN in TRANSITION- If we reduce business stages in the Platform environment

we can reduce costs.

Supply Manufacture Assemble Retail

In Transition

Sangil Park 12

BUSINESS VALUE CHAIN in TRANSITION- If we reduce business stages in the Platform environment

we can reduce costs.

Supply Manufacture Assemble Retail

In Transition

Sangil Park 13

VALUE CHAIN in a Multi-PLATFORM ERA- In the Platform, a growing business can be good to

everyone through two sided market

Supply(or Retail)

Retail

(or Supply)

PLATFORMSupply

(or Retail)Retail

(or Supply)

... ...

Sangil Park 14

BUSINESS MARKET CHANGE

Sangil Park 15

What did we learn from Alibaba ?

Sangil Park 16

iTunes: get music onto iPod

SAP: execute ERP systems

Facebook: connect related people

Smart grid: capture power source and route

Nike Fuel: enhance your exercise experiences

TO BE A PLATFORM BUSINESSThe business system must provide :

Service on Demand, 3rd party access and governance

Sangil Park 17

Platforms have opennessBut should not easy others to follow

Sangil Park 18

Platforms have diversity.Functional similarity makes a variety of platforms

Can Barbie Doll be a platform?

Sangil Park 19

Can Barbie Doll be a platform?

- The Oxford Handbook of Innovation Management

by Annabel Gawer , Michael Cusumano

Sangil Park 20

BUSINESS VALUE CHAIN in Coffee

Anything can be a Platform

Roasting COFFEE Customer

Green-been Purchase

Coffee Farm

www.RoastingBarn.com

Packaging

Sangil Park 21

NEW SERVICE MODELS- Uber taxi

Sangil Park 22

AirBnB

Sangil Park 23

NEW SERVICE MODELSOculus Rift

Sangil Park 24

NEW SERVICE MODELS- SOCAR Car sharing

Sangil Park 25

ALL THINGS DIVERGEDwhile platforms have tied together

Sangil Park 26

FREE(will be)

(or soon)

Question to us:

Content is the KING, is it ?

Internet (Network)

Devices

Time

Contents

Sangil Park 27

DIVERGENCE ERAIf we provide our contents FREE,then, how can we get real money ?

?

Sangil Park 28

Thank you

This Slide is Free,

as well as

Everything will be FREE.

Download @: http://slidesha.re/1xeywYh

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