I have broken moats and structural advantages into three levels: Competitive Fortresses. This is the highest level and quite rare. The symbol I use is a castle on top of a mountain. Competitive Advantages. These are advantages versus current rivals, both large and small. I have placed competitive advantages higher up as they are usually […]
Digital transformation and disruption are usually about attacking the cost structures of established business models. Software companies have long used digital economics to devastate traditional companies. When Marc Andreesen says “software eats the world”, he is mostly talking about costs. But as soon as you talk costs, everyone jumps to “economies of scale”. These are […]
I have used the terms digital and data technology interchangeably. And I have described them as things made of bits and bytes. Of ones and zeros. Instead of physical products and services. And I have spoken quite a bit about how things made of bits and bytes have different economics. They have powerful but also […]