Case Study Overview

Detailed Overview

Business Model

Partners

Activities

Icon of a circle with a check mark inside of it representing activities.

Resources

Icon of a three vertically stacked cylinders with a recycle icon inside of it representing resources.

Value Propositions

Icon of a wrapped present.

Customer Channels

Customer Relationships

Customers

Cost Structure

Icon of a sack with a dollar symbol representing costs.

Revenue Structure

Value Propositions

Icon of a wrapped present.

Business Model Environment

Technological Trends

Social Trends

Industry & Domain Forces

Market Forces

Macroeconomic Forces

Value Model

Value Models Explanation

Things

Honeywell and Kidde were strong players in the early days of the modern home security industry, focusing on devices like smoke detectors that detect dangers in your home and alert you to them.

People

In ADT’s model, it’s not the alarms which bring the core value, but the monitoring and security personnel who respond to the alarms.

Ideas

Nest’s early products combined great hardware design and ‘smart learning’ algorithms to predict what home occupants needed, using a thermostat, smoke detector, alarm system, doorbells and cameras and, later, optional face recognition technology. Nest has now folded into Google Home.

Networks

Google Assistant and Google Home transcended any one technology to be in the network orchestration business—with a smart home ecosystem, which connects not only devices from various manufacturers into a network, but also the people in a household. Members can all monitor and interact with the devices in the home from anywhere through apps.

Platform Elements

MSP: Community

Shared Purpose

MSP: Marketplace

MSP: Infrastructure

MSP: Data

General Information