STUDY OF STRATEGIC DRIVERS AND PATTERNS THAT CHANGE …

1
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 737183. This reflects only the author's view and the European Commission is not responsible for any use that may be made of the information it contains. STUDY OF STRATEGIC DRIVERS AND PATTERNS THAT CHANGE PLANET LABS’ BUSINESS MODEL CANVAS Margalida Puigserver Rosselló [email protected] 27-29th of November of 2019, GA Brussels Planet Labs: Earth Observation Company operating CubeSats. Planet was created as an Earth Observation company based on CubeSat operations. Recently, it has expanded its constellations with larger satellites, and has entered an innovative Mission 2 phase [1]. How and why have this changes happened? May the results be applied to other New Space companies? CANVAS B.M. COST SIDE VALUE SIDE Key Resources Value Proposition Key Activities Customer Segments Key Partnerships Customer Relationships Cost Structure Channels Revenue Streams Drivers & Patterns CHANGES WHAT HOW WHY CONSEQUENCES DRIVERS PATTERNS Results Analysis CUSTOMER SEGMENTS CUSTOMER RELATIONSHIPS CHANNELS VALUE PROPOSITION KEY ACTIVITIES KEY RESOURCES KEY PARTNERS COST STRUCTURE REVENUE STREAMS Engineering and defense Data Analysis Environmental and Agriculture Data Analysis National and International Agencies NGOs Small companies and Organizations Automated Services Personalized Attention Co-creation Resellers and Distributors Platforms Solution Partners Customer Attention Conference Interviews Open Sourced Channels & Creative Commons Democratize Space Data Good Performance Costs Reduction Easy Accessibility Variety in Services High Customization Learn by Doing Variety in Applications Low Revisit Time Data Licenses Valuable Contracts List Prices Price dependent on features Recurrent Payments Constellations development & Maintenance Ground Control Software Develop. Data Science Mission 2 Facilities Machinery Constellations Data Bases Human Resources Ground Stations Copyright COTS Providers Launchers & Deployers Investors Deliverers Commercial Partners Agriculture Partners Intelligence Partners Space Agencies Salaries Mission 2 Develop. Manufacturing Launches Sat. Updates Facilities Facilities COTS Software Maintenance Data Storage Data Processing & Analysis General Expansion Increase in the number of contracts with National & Space Agencies Increase in Co- creation Platform Update Increase in Revenues Increase in variety & customization Settlement of value Proposition Mission 2 Research Satellite Design Data Engineering & Research in Innovation Constellations growth Growth in all fields New alliances New collaborations Coopetition Investment in Expansion Investment in Innovation Traits from the present CANVAS Observed changes in CANVAS Drivers of Change Market Consolidation New Technologies Market Opening Government’s growing Interest Entrance of S&M Companies Higher Customization Service as a Commodity Expansion & Innovation Brand Consolidation External Drivers Internal Drivers Internal - External Drivers Planet’s Traits Suiting Patterns Growth through Innovation Decrease in Price of Services Reduction in Cost Structure Increase in number of customers Automated Channels & Relationships Long Tail B.M Open Business Model Democratizing B.M. There seems to be a common pattern for the New Space companies Conclusions References Planet’s Success Factors Use of new technologies. Collaboration with partners. Expansion to new markets. Positive market’s tendencies. Advances in Data Science. Pursue of Innovation Growth of the EO Market Because of the entrance of New Space companies. Because of the democratization of space. The growth of Planet is a reflection of this growth. Future Update when Mission 2 is accomplished. Studies on more companies. Extrapolation. [1] Planet. URL: https://www.planet.com (visited on 05/10/2019). Methodology Development of pre and post change CANVAS B.M [2] and comparison. • Analysis of changes, identification of drivers and suitable patterns. [2] Pigneur Y. Osterwalder A. Business Model Generation.

Transcript of STUDY OF STRATEGIC DRIVERS AND PATTERNS THAT CHANGE …

Page 1: STUDY OF STRATEGIC DRIVERS AND PATTERNS THAT CHANGE …

This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 737183. This reflects only the author's view and the European Commission is not responsible for any use that may be made of the information it contains.

STUDY OF STRATEGIC DRIVERS AND PATTERNS THAT CHANGE PLANET LABS’

BUSINESS MODEL CANVASMargalida Puigserver Rosselló

[email protected] of November of 2019, GA Brussels

• Planet Labs: Earth Observation Company operating CubeSats.

Planet was created as an Earth Observation company based on CubeSat operations. Recently, it has expanded its constellations with larger satellites, and has entered an innovative Mission 2 phase [1]. How and why have this changes happened? May the results be applied to other New Space companies?

CANVAS B.M.

COST SIDE VALUE SIDEKey Resources Value PropositionKey Activities Customer Segments

Key Partnerships Customer Relationships

Cost StructureChannels

Revenue Streams

Drivers & Patterns

CHANGESWHATHOWWHY

CONSEQUENCESDR

IVER

S

PATTERNS

Results Analysis

CUSTOMER SEGMENTS

CUSTOMER RELATIONSHIPS

CHANNELS

VALUE PROPOSITIONKEY ACTIVITIES

KEY RESOURCES

KEY PARTNERS

COST STRUCTURE

REVENUE STREAMS

Engineering and defense Data Analysis

Environmental and Agriculture Data Analysis

National and International Agencies

NGOs

Small companies and Organizations

Automated Services

Personalized Attention

Co-creation

Resellers and Distributors

Platforms

Solution Partners

Customer Attention

Conference Interviews

Open Sourced Channels & Creative Commons

Democratize Space Data

Good Performance

Costs Reduction

Easy Accessibility

Variety in Services

High Customization

Learn by Doing

Variety in Applications

Low Revisit Time

Data Licenses

Valuable Contracts

List Prices

Price dependent on features

Recurrent Payments

Constellations development & Maintenance

Ground Control

Software Develop.

Data Science Mission 2

Facilities

Machinery

Constellations

Data Bases

Human Resources

Ground Stations

Copyright

COTS Providers

Launchers & Deployers

Investors

Deliverers

Commercial Partners

Agriculture Partners

Intelligence Partners

Space Agencies

Salaries

Mission 2 Develop.

Manufacturing

Launches

Sat. Updates

Facilities

Facilities

COTS

Software Maintenance

Data Storage

Data Processing & Analysis

General Expansion

Increase in the number of contracts with National & Space

Agencies

Increase in Co-creation

Platform Update

Increase in Revenues

Increase in variety & customization

Settlement of value Proposition

Mission 2 Research

Satellite Design

Data Engineering & Research in Innovation

Constellations growth

Growth in all fields

New alliances

New collaborations

Coopetition

Investment in

Expansion

Investment in Innovation

Traits from the present CANVAS

Observed changes in CANVAS

Drivers of ChangeMarket Consolidation New Technologies

Market Opening Government’s growing Interest

Entrance of S&M Companies Higher CustomizationService as a Commodity Expansion & Innovation

Brand Consolidation

External Drivers Internal DriversInternal - External Drivers

Planet’s Traits Suiting Patterns

Growth through InnovationDecrease in Price of ServicesReduction in Cost Structure

Increase in number of customers

Automated Channels & Relationships

Long Tail B.M

Open Business Model

Democratizing B.M.

There seems to be a common pattern for the New Space companies

Conclusions

References

Planet’s Success Factors

• Use of new technologies.• Collaboration with partners.• Expansion to new markets.• Positive market’s tendencies.• Advances in Data Science.• Pursue of Innovation

Growth of the EO Market

• Because of the entrance of New Space companies.

• Because of the democratization of space.

• The growth of Planet is a reflection of this growth.

Future

• Update when Mission 2 is accomplished.

• Studies on more companies.

• Extrapolation.

[1] Planet. URL: https://www.planet.com(visited on 05/10/2019).

Methodology• Development of pre and

post change CANVAS B.M [2] and comparison.

• Analysis of changes, identification of drivers and suitable patterns.

[2] Pigneur Y. Osterwalder A. Business Model Generation.