Building better technology platforms is more than just connecting developers with end users. It is critical to design platforms with an own product strategy, roadmap, KPIs, and product backlog. Platforms must also have a sound software architecture so that users don’t have to guess what it is. Regardless of platform type, decisions made should be based on the requirements of the products and services it supports. In this way, technology platforms help teams build better products.

Using modern technology platforms allows businesses to create better business applications and increase their efficiency. They enable technical staff to quickly extend and enhance their applications, thereby accelerating business processes and increasing customer value. Modern technology platforms generally include several components, including data management, analytics, and tools for application development and integration. These platforms also integrate with intelligent technologies such as the Internet of Things. Having a better platform will help business leaders stay ahead of the competition and achieve their business goals.

To build better technology platforms, companies need to understand their business objectives. While most companies compete on products and services, a platform offers an opportunity to provide value to end users and allow other businesses to build on top. In turn, this will increase revenue, reduce costs, and streamline development. In many cases, platforms create a win-win situation for developers and product teams. This strategy has helped many businesses develop their products and services while creating new revenue streams.

When building better technology platforms, it is essential to measure success with measurable metrics. These goals can be as specific as increasing deployment frequency, reducing operational friction, or ensuring a stable artifact repository. Once success is achieved, celebrate with your team. It will boost the morale of your team and boost your confidence in your platform. You can measure your success with the right metrics, and your team will be more motivated to build the next one.

The success of platform-based construction technology relies on a number of factors. First, it requires people with specific skills and expertise. While the economic logic of platform-based construction technology is compelling, it does not necessarily mean the end of point solutions. Existing platforms have evolved from a single foothold within a project phase or customer segment. Now they will need to extend their reach across segments. Meanwhile, competitors will need to develop the ability to integrate across multiple platforms.

Second, choose a platform that has modularity. It should be modular, so that you only pay for the features you need. You should also look for a platform that has AI capabilities that can help you communicate with tenants, generate building-level insights, and delegate tasks. When choosing a building operations technology platform, it is important to find one that is easy to use and won’t require a highly specialized team to implement.

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