We support you in defining an IoT business model embedded in a holistic strategy
The IoT opens up many new business opportunities. But companies need a digital strategy in sync with their business model in order to succeed in the IoT.
Because we have worked on over 250 IoT projects, we know that the Internet of Things entails more than simply connecting sensors to the cloud. If you want your IoT idea to succeed, you will need a structured, holistic approach.
We consider user-centered and business-oriented perspectives every time we create new ideas. Our team of experts from various domains will help you avoid errors very early on and improve your iterative process.
We leverage scientifically proven and field-tested frameworks to help develop an ideal digital strategy and the right IoT business model for you. Our expert community aids us in defining methods and continuously refining them.
We support you in defining your IoT strategy
Your digital transformation journey can benefit from our strategy workshops based on our methods, such as the 4E framework. We can quickly elaborate a well-defined strategy that includes an action plan, market insights on key players, trends, customer requirements, and emerging patterns regarding business models. You will benefit throughout the process from our ecosystem of strong partners as well as resources inside and outside the Bosch Group.
We guide you from the intitial idea and a business case all the way to your IoT business model
We offer a series of workshops on IoT business models that will help you design a top-notch business model. These workshops are based on the IoT Business Model Builder: a set of highly effective methods that accompany you during the entire process, from ideation to the launch of your business model. By following our highly iterative process, you will increase transparency on value drivers, success factors, and key metrics. This, in turns, lays a solid foundation for decision makers. Training sessions at our IoT Academy can grant you insights into our approach and provide you with practical tips on working with the IoT Business Model Builder.
If you want to digitalize businesses in different industries, you will need methods that facilitate your change processes. Our 4E-Framework categorizes enablers of digital transformation in four “e” clusters: environment, empowerment, expertise, execution. You will need capabilities in all four areas in order to position your company for the digital future. An assessment of your current and targeted capabilities will allow you to identify measures, define tasks, and oversee their execution.
IoT Business Model Builder
In partnership with experts at the University of St. Gallen and the Industrial Internet Consortium, we developed a framework that helps you design an IoT business model: the IoT Business Model Builder. This set of very effective methods provides inspiration, guidance, and structure throughout – from ideation through the launch of IoT business opportunities.
Please read our whitepaper or visit one of our trainings to learn more about the IoT Business Model Builder.