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.
2. 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)
3. 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?
4. 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)
5. 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?