In March 2015, Caterpillar announced its minority investment in Uptake, with the aim of the joint development of systems to monitor and improve use of the nearly 3 million pieces of Caterpillar equipment in the field. Caterpillar’s core business offerings were completed in mid 2016. On September 21, 2016, Progress Rail formed a strategic partnership, launching EMD Uptime, with Uptake for condition monitoring. On March 2, 2017, Warren Buffett's Berkshire Hathaway Energy, an $84 billion portfolio of companies primarily in the renewables space, announced a deal with Uptake. Two of BHE's subsidiaries, BHE Renewables and MidAmerican Energy Company, now use Uptake's software to connect and track their fleet of wind turbines.
Also referred to as 'BIB' regard business as neither a war nor a game. The goals and tactics of war are incompatible with business goals; competitors do not aim to defeat each other but to satisfy customers’ preferences better than others. Government precludes total victories and cooperation is as prevalent as competition. Similarly, BIB criticizes "Business is Game" thinking on the ground that hypothetical or generic moves are irrelevant or trivial, stable solutions are not a substitute for specific, real life practical and innovative strategies for management, and computer/mathematical simulations do not approach the complexity of competitive dynamics in real markets. Instead, BIB advocates using state-of-the-art competitor analysis techniques and real life competitive intelligence to generate an in-depth profiling of competitors through role playing. The goal of BIB is predicting most likely moves by most significant competitors or other third parties (customers, regulators) so that strategy can be pressure–tested in the most realistic setting. The creator of BIB games is Benjamin Gilad. A variation combines BIB war gaming with computer simulations. This approach, used by Mark Chussil, founder of Advanced Competitive Strategies, uses simulations to estimate the likely outcomes from moves made by a business, its competitors, and other relevant actors, across multiple scenarios. This approach allows for both competitive dynamics and quantitative analysis, at the cost of additional time to set up the war game.
Business-to-business (B2B) is an e-commerce, the buyers and sellers are business organisation. It covers a broad spectrum of applications that enable an enterprise to form electronic relationships with its distributors, resellers, suppliers, customers, and other partners. Organisation can use B2B to restructure their supply chains and their partner relationships. It also exchange the services information. Also E-procurement is one of the important part of the business-to-business purchase and sale of supplies and services over the Internet. A central part of several B2B sites, e-procurement is also sometimes mentioned to by other terms, such as supplier exchange.
The business model of the company was created to help Mexican entrepreneurs find new and more modern ways to finance start ups, as well as provide investors alternatives to investing abroad. The company believes that a weak peso against the dollar is good for them as it makes U.S. investments less attractive, leading investors to look for alternatives.
Business Catalyst experimented with a direct-to-customer strategy under the “GoodBarry” brand before the offering was closed down as a part of the Adobe acquisition.
Business associations create a level playing field for cooperation among companies. They have a stable and well-functioning governance structure. The members may pay a fee to the association. In return, the business association monitors and meets the needs of their members and proactively develops and provides new services. This is the key task of business associations.
Business associations are further categorized by sector or by location and scope.
Business associations provide services that are generally more professional, extensive, and cost effective compared to services offered by individual members.
Play Business estimates that about 30% of a business’s initial investment from the platform comes from friends and family.
Business Catalyst's business model differs from others in that they allow web designers to resell their hosted service as part of a "Partner Program".
It is an integral model, broken down into steps. Entrepreneurs are called “makers” and investors “players.” While it welcomes projects of all types, it does select those it believes truly addresses a market need with a viable business plan and growth potential. Only about ten percent of applying start ups make it to the platform. Prospective makers must attend a bootcamp to develop their idea, learn about investment tools, how to value their company and how to offer players a role. They do not receive their money immediately, but rather in stages as the project reaches milestones. In this way, players can decide at any time to withdraw from the “game,” limiting their risk.
Play Business charges 5% of the investment, but only if the business reaches its goal amount.
Its funding method is different from Kickstarter and Indiegogo, and the company claims it isthe only one of its type in the world. Instead of offering products or souvenirs to contributors, entrepreneurs, investors and Play Business enter into a contract, with investors offered equity and say in the running of the start up. This percentage is between nine and eleven percent of the total value of the company. The model is called crowdequity rather than crowdfunding.
Joan Segura describes the business as a "scale up" as it emphasizes the execution of the project in stages. For example, instead of having makers write a business plan on paper, they get the new businesses out to recruit investors.
In the 2006 article "Business Architecture: A new paradigm to melate business strategy to ICT," Versteeg & Bouwman explained the relation between business strategy and business architecture. They wrote: Business Architecture is directly based on business strategy. It is the foundation for subsequent architectures (strategy embedding), where it is detailed into various aspects and disciplines. The business strategy can consist of elements like strategy statements, organizational goals and objectives, generic and/or applied business models, etc. The strategic statements are analyzed and arranged hierarchically, through techniques like qualitative hierarchical cluster analysis. Based on this hierarchy the initial business architecture is further developed, using general organizational structuring methods and business administration theory, like theories on assets and resources and theories on structuring economic activity.
Versteeg & Bouwman further stipulated, that "the perspectives for subsequent design next to organization are more common: information architecture, technical architecture, process architecture. The various parts (functions, concepts and processes) of the business architecture act as a compulsory starting point for the different subsequent architectures. It pre-structures other architectures. Business architecture models shed light on the scantly elaborated relationships between business strategy and business design."
In a business association, there is a direct link between the business association (central body) and each of its constituent members. This is displayed with solid bidirectional arrows (refer to Figure 1). The members may or may not choose to cooperate with each other, displayed with dashed lines between companies.
Many businesses use networking as a key factor in their marketing plan. It helps to develop a strong feeling of trust between those involved and play a big part in raising the profile of a company. Suppliers and businesses can be seen as networked businesses, and will tend to source the business and their suppliers through their existing relationships and those of the companies they work closely with. Networked businesses tend to be open, random, and supportive, whereas those relying on hierarchical, traditional managed approaches are closed, selective, and controlling. These phrases were first used by Thomas Power, businessman and chairman of Ecademy, an online business network, in 2009.
Business associations — also called business networks as business associations — provide member companies with a platform and conditions for cooperation to meet an objective. The companies decide if they want to cooperate to achieve that objective.
When organizations go online, they have to decide which e-business models best suit their goals. A business model is defined as the organization of product, service and information flows, and the source of revenues and benefits for suppliers and customers. The concept of e-business model is the same but used in the online presence.