Asia Innovation Footprint

Client
Construction Equipment Manufacturer
Challenge
Asian markets will be central to our growth in the coming decade but we lack local innovation and development capabilities.
Objectives
  • Establish Asia as a test market to explore digital solution growth opportunities.
  • Define a structured open innovation approach for addressing opportunities.
  • Determine regional footprint for internal and external resources.
Approach
A team of data scientists was engaged for algorithm development via IoT ONE Exchange. loT ONE coordinated with the client's market team to activate results.
  • Asia innovation strategy benchmarking for similar MNCs
  • Internal R&D capability & gap assessment
  • Regional opportunity vs. capacity mapping
  • Asia innovation strategy recommendations
Result
  • Recommendations led to implementation of an open innovation model focused on digital product development in the Chinese market.

Contact us

Let's talk!

* Required
* Required
* Invalid email address
Yes, i want to receive the IoT ONE Insights - Newsletter.
Go to Action

Thank you for your message!
We will contact you soon.