Updated: May 17, 2021
I find that most companies that I work with as a consultant in Denmark will be organized around the left side of the model - either a specialized department approach (think: Specialized Development teams, Operation teams, DBA teams) or end-to-end teams organized around a product line or value-streams if you like.
I like the simplicity of the model, which can serve as a starting point for an organizational discussion around how to structure teams optimally for speed and rapid changing requirements.
Leave a note if this model resonates with your organization or clients, that you know of.
Inspiration from "Team topologies" by Matthew Skelton and Manuel Pais and the teamm, they
have a linkedIn page at:
https://www.linkedin.com/company/team-topologies for anyone interested.