Business Model Innovation

Deals/Contracts/Partnerships

• 1

  Kubota and Accenture have formed a new joint venture company, Kubota Data Ground to accelerate the digital transformation of the Kubota group?s business model and operating infrastructure using digital technologies including IoT. New company will work to address global issues related to food, water, and the environment by utilizing data and cutting-edge digital technology.

  Q3(Jul-Aug-Sep), 2022

• 2

  BT closes in on £30m tech freelancers deal with Distributed to provide access to on-demand “elastic teams” of technology freelancers

  Q1(Jan-Feb-Mar), 2022

• 3

  Baker Hughes Collaborates with C3 AI, Accenture and Microsoft on Industrial Asset Management Solutions. The collaboration will focus on creating and deploying Baker Hughes IAM solutions for clients in the energy and industrial sectors.

  Q1(Jan-Feb-Mar), 2022

• 4

  Brillio Teams Up with Ciena’s Blue Planet Division to Develop Network Automation Suite

  Q4(Oct-Nov-Dec), 2021

• 5

  A European Med-tech company has named LTTS as its engineering provider to offer best in class Hardware and Software Product Engineering Service and to help build care as a service business models by smart enabling their products.

  Q4(Oct-Nov-Dec), 2021

• 6

  Startup Circle chooses Capgemini Invent to design an urban mobility solution for the self-service car-sharing market

  Q4(Oct-Nov-Dec), 2021

• 7

  Yeti Move AS, which is currently developing a software platform for autonomous snow removal vehicles for airports, is ready to upscale its activities to target new industries and markets. Semcon will continue to be an important partner for Yeti Move in the development of autonomous solutions, but is divesting its share in the company to Husqvarna.

  Q4(Oct-Nov-Dec), 2021

• 8

  AKKA engaged by Nouvelle Aquitaine Mobilités to develop Integrated Mobility Service

  Q3(Jul-Aug-Sep), 2021

• 9

  AKKA partners with PFW Aerospace and Rosenbauer around its turnkey conversion solution of grounded military aircrafts into firefighters

  Q3(Jul-Aug-Sep), 2021

EIIR Provider Solutions/Capabalities

• 1

  TCS Launches Servitization Engine on Oracle Cloud to Help Customers Embrace Subscription-First Business Models

  Q3(Jul-Aug-Sep), 2022

• 2

  CSS Corp is acquiring Directly's OnDemand business unit, including its next-gen GigCX services platform. OnDemand offers fast and empathetic technical support and customer service for the world's leading brands, with patented technology and a global network of product and technical experts in a flexible freelance model. Some key customers of the platform include Microsoft, LinkedIn, Airbnb, and Autodesk. The OnDemand platform is powered by multilingual capabilities, new-age technologies, and a flexible network of freelance product experts across over 60 countries

  Q1(Jan-Feb-Mar), 2022

• 3

  The architectural office RKW and the test and development service provider IABG combine their competences for the construction of high-tech test centres and create synergies in all service phases of the projects.

  Q1(Jan-Feb-Mar), 2022

• 4

  DENSO and NTT DATA Complete Verification Test Using Vehicle and People Flow Data to Innovate the Mobility Experience. Based on the results, DENSO and NTT DATA will consider commercializing the joint service, and verify the business model together with mobility businesses (automakers, car-sharing companies, car rental companies, etc.) and service providers (retailers, tour agents, commercial complexes, etc.).

  Q2(Apr-May-Jun), 2021

EIIR Buyer GIC/R&D Best Practices/Solutions

• 1

  Stellantis and Archer join forces to manufacture Archer?s Midnight eVTOL aircraft. Stellantis will contribute advanced manufacturing technology and expertise, experienced personnel and capital to enable the aircraft manufacturing.

  Q1(Jan-Feb-Mar), 2023

• 2

  Samsung Electronics is looking to launch a high-end memory chip rental service (Memory as a service) as its new business model.

  Q1(Jan-Feb-Mar), 2023

• 3

  Porsche is offering modern infotainment systems for its older models.

  Q1(Jan-Feb-Mar), 2023

• 4

  Amazon launches RxPass, a $5/month Prime add-on for all-you-need generic drugs covering 80 conditions.

  Q1(Jan-Feb-Mar), 2023

• 5

  SEHA Virtual Hospital in Saudi Arabia is the biggest virtual hospital in the world.

  Q1(Jan-Feb-Mar), 2023

• 6

  Schneider Electric launched its new Industrial Digital Transformation Services. It will focus on operational efficiency and workforce empowerment, sustainability and energy efficiency, asset optimization, cybersecurity

  Q1(Jan-Feb-Mar), 2023

• 7

  Johnson Controls announces Johnson Controls OpenBlue Net Zero Advisor, which uses digitally automated data collection and analytics to manage and track scope 1 and 2 emissions and assist building owners in reporting for certification and compliance frameworks. The Net Zero Advisor is available as a subscription service.

  Q1(Jan-Feb-Mar), 2023

• 8

  Decathlon reverses its name to NOLHTACED (Decathlon spelled in reverse) in 3 Belgian cities to promote reverse shopping i.e buying from customers the products they don't use to promote the reverse or circular economy. A good initiative supported by an int

  Q4(Oct-Nov-Dec), 2022

• 9

  Stellantis fosters Circular Economy ambitions with a dedicated Business Unit to achieve more than ?2 billion in revenues by 2030 . The main obectives of unit are extending the life of vehicles and parts, ensuring that they last for as long as possible, an

  Q4(Oct-Nov-Dec), 2022

• 10

  Nissan establishes new mobility service company in China.The new company, headquartered in Suzhou, will be committed to investing in mobility services and deploying robotaxi services.

  Q4(Oct-Nov-Dec), 2022

• 11

  Mercedes locks faster acceleration behind a $1,200 annual paywall.

  Q4(Oct-Nov-Dec), 2022

• 12

  thyssenkrupp Materials Services has acquired the data analysis and data science company Westphalia DataLab GmbH. As part of its Materials as a Service strategic development, thyssenkrupp Materials Services is investing in new digital business models, pa

  Q4(Oct-Nov-Dec), 2022

• 13

  Airbus and Munich Airport will start marketing turnkey solutions to cities and regions interested in developing advanced air mobility (AAM) ecosystems globally. Airbus is developing CityAirbus NextGen, its eVTOL aircraft, along with key support and services offerings around it, while Munich Airport is offering ground infrastructure services and solutions.

  Q3(Jul-Aug-Sep), 2022

• 14

  Infineon acquired NoBug to strengthen expertise in IoT. NoBug is an engineering company providing verification and design services for all the digital functionalities of semiconductor products with approximately 120 engineers in Romania and Belgium.

  Q3(Jul-Aug-Sep), 2022

• 15

  Volkswagen announced the establishment of the new company PowerCo which will be responsible for the automaker's global battery activities along the entire battery value chain, including battery cell production at Salzgitter and other sites. PowerCo will invest more than 20 billion euros through 2030 and eventually expects to generate that amount in sales annually.

  Q3(Jul-Aug-Sep), 2022

• 16

  ITC bets on ?sixth sense? of visually impaired to evaluate fragrances, hires 60. A good example to utilize unique talent of visually impaired.

  Q3(Jul-Aug-Sep), 2022

• 17

  Ginkgo Bioworks will acquire Bayer's 175,000-square-foot West Sacramento Biologics Research & Development site, team, and internal discovery and lead optimization platform for approximately $83.0 million in consideration.

  Q3(Jul-Aug-Sep), 2022

• 18

  Infineon and Delta Electronics have developed a three-in-one-system that integrates solar, energy storage and charging of electric vehicles. Thanks to bidirectional inverters, the electric car is not only charged, but can also be used as a buffer storage or as household emergency backup power. New vehicle-to-home (V2H) and vehicle-to-grid (V2G) solutions.

  Q3(Jul-Aug-Sep), 2022

• 19

  Intel, Brookfield to invest up to $30 billion in Arizona chip factories. Intel will have a 51% stake and Brookfield will have a 49% stake.

  Q3(Jul-Aug-Sep), 2022

• 20

  GAC Mitsubishi inaugurates new R&D center in Shanghai. Hardware facility of the new R&D center not only can satisfy the testing and validation demands for every phase of the company's in-house product development, but also can undertake the testing tasks from other companies.

  Q3(Jul-Aug-Sep), 2022

• 21

  Salesforce announced the launch of Net Zero Marketplace, a new carbon market aimed at connecting buyers with environmentally-focused entrepreneurs, and making carbon credit purchases simple and transparent.

  Q3(Jul-Aug-Sep), 2022

• 22

  Cisco launches circular IT payment solution to support customer sustainability goals

  Q2(Apr-May-Jun), 2022

• 23

  ZF?s Global Remanufacturing Supports Sustainability by Reducing CO2 Emissions, Saving Energy

  Q2(Apr-May-Jun), 2022

• 24

  Ford wants to sell EVs online only and at a fixed price. And convert existing dealers to service centers.

  Q2(Apr-May-Jun), 2022

• 25

  Nokia and Innventure collaborate to commercialize Nokia Bell Labs? high-performance cooling technology

  Q2(Apr-May-Jun), 2022

• 26

  Hyundai to develop a 'Meta-Factory' in Singapore with Singtel. It will enable customers to personalise their chosen vehicles and watch their cars being manufactured live via their smart devices. Once ready, customers can test drive them at factory test track.

  Q2(Apr-May-Jun), 2022

• 27

  Toyota's UK arm has prepared a program that involves remanufacturing vehicles after a use cycle.

  Q1(Jan-Feb-Mar), 2022

• 28

  Amazon is opening its first physical clothing store in LA with a differentiated cloth buying experience for customers using automation and AI.

  Q1(Jan-Feb-Mar), 2022

• 29

  GM is launching a new online parts marketplace, making its catalog of 45,000 repair and maintenance parts more convenient for Chevrolet, GMC, Buick and Cadillac owners. Customers can choose home delivery or in-store pickup at participating dealers.

  Q1(Jan-Feb-Mar), 2022

• 30

  Air Liquide speeds up the deployment in Europe of its innovative offering aimed at welders via Qlixbi. Qlixbi has a click & weld connector with a gas reserve indicator and connected services to facilitate the continuity of gas supply for its users. The controller have been provided by ST Microelectronics

  Q1(Jan-Feb-Mar), 2022

• 31

  PG&E and General Motors Collaborate on Pilot to Reimagine Use of Electric Vehicles as Backup Power Sources for Customers

  Q1(Jan-Feb-Mar), 2022

• 32

  Spark New Zealand is helping its IoT customers improve service reliability and reduce operational costs by advancing its IoT Control Center platform with new AI/ML features from Cisco including Anomaly Detection based on device bheavior and Cost Optimization based on usage trends.

  Q1(Jan-Feb-Mar), 2022

• 33

  Tesla officially launches its insurance using ‘real-time driving behavior,’ starting in Texas. So Tesla will disrupt the insurance industry now!

  Q4(Oct-Nov-Dec), 2021

• 34

  ACI Worldwide and RocketFuel Launch Cryptocurrency Payment Acceptance for Merchants Globally—Pioneering Zero Fees

  Q4(Oct-Nov-Dec), 2021

• 35

  Batteries from Nissan LEAF electric vehicles (EVs) are being repurposed for use at railway crossings in eastern Japan as an alternative to lead-acid batteries in emergency power supply units. At a railway crossing, the battery is susceptible to voltage surges from its connections to devices such as barriers, alarms and control equipment. To withstand these, modifications have been made to the battery control infrastructure.

  Q4(Oct-Nov-Dec), 2021

• 36

  Belgian sustainable sunglass maker Yuma Labs is truly focused on a circular economy as the company’s specs are made from plastic reclaimed from the ocean—old bottles and nets, specifically.

  Q4(Oct-Nov-Dec), 2021

• 37

  BMW plans to source steel produced with up to 95% less CO2 emissions from the Swedish startup H2 Green Steel, which uses hydrogen and only green power from renewable energies for steel production. BMW Group and H2 Green Steel have also agreed to create a closed-loop material cycle. H2 Green Steel will take back sheet metal remnants, such as those produced at press plants when doors are punched out, and will process them in such a way that they can be shipped back to the plants as new steel rolls, also known as steel coils.

  Q4(Oct-Nov-Dec), 2021

• 38

  Spanish carmaker SEAT tests drone deliveries of parts to factory

  Q4(Oct-Nov-Dec), 2021

• 39

  Walmart’s 30-minute residential drone delivery service is now live in Arkansas, US.

  Q4(Oct-Nov-Dec), 2021

• 40

  GM Opens Broad Application of EV Component Sets, Advancing the ‘Everybody In’ Electrification Approach. Electrification components applied to EV conversion projects, commercial equipment, marine applications and more. Expanding GM’s technology platforms beyond its core portfolio will drive growth beyond vehicle sales and enable new business models

  Q4(Oct-Nov-Dec), 2021

• 41

  Nissan will sell electricity generated from virtually 100% renewable energy to its employees in Japan as parts of its carbon-neutrality efforts. The program will first be made available to employees living in the Kanto region at the start of fiscal year 2022.

  Q4(Oct-Nov-Dec), 2021

• 42

  Rolls-Royce and SDCL join forces to accelerate the take-up of sustainable power with launch of ‘Energy-as-a-Service’

  Q4(Oct-Nov-Dec), 2021

• 43

  Network Rail and ProRail has awarded a contract to a consortium led by Thales to develop and trial Fibre Optic Acoustic Sensing (FOAS) technology along with IoT, CCTV, Analytics to support improvements in safety and performance on the railway. The four areas of operational challenges on the railway:Train movement and position reporting, Rail and wheel defects, Level crossing safety management, Detecting trespass and people on the trackside

  Q3(Jul-Aug-Sep), 2021

• 44

  Bosch and ITK Engineering launch new platform “freelancernetwork”

  Q3(Jul-Aug-Sep), 2021

• 45

  Hyundai Motor to Pilot Autonomous Demand-Responsive ‘RoboShuttle’ Service

  Q3(Jul-Aug-Sep), 2021

• 46

  Panasonic will launch gas utility services as a one-stop solution that includes NB-IoT connectivity services, data monitoring and analyzing and utilizing of collected data, as well as devices for smart gas meters. The company plans to begin the introduction of these services in Italy in the autumn of 2021 and expand them throughout Europe.

  Q3(Jul-Aug-Sep), 2021

• 47

  Local Motors partners with on-demand software provider, Liftango. The partnership brings leading on-demand software onboard Olli 2.0 to route vehicles using individual rider demand through mobile applications.

  Q3(Jul-Aug-Sep), 2021

• 48

  Hyundai Motor, LG Energy Solution team up to lease, recycle EV batteries. Battery As-a-Service.

  Q1(Jan-feb-Mar), 2021

• 49

  Starbucks Is Offering New Accessible Services: A Third Party App And Braille Menus. A good initiative to make services inclusive.

  Q1(Jan-feb-Mar), 2021

• 50

  The new Mercedes me “Fuel & Pay” service for digital payment at the pump has launched – no need at all to go into the filling station or to pay by card at the pump. This service can be controlled via the Mercedes me App as well as conveniently from inside the vehicle via the MBUX infotainment system.

  Q1(Jan-feb-Mar), 2021

• 51

  AWS and Carrier announced a multi-year agreement to co-develop Carrier’s new Lynx digital platform. This suite of tools will provide Carrier customers around the world with enhanced visibility, increased connectivity, and actionable intelligence across their cold chain operations to improve outcomes for temperature-sensitive cargo, including food, medicine, and vaccines.

  Q4(Oct-Nov-Dec), 2020

• 52

  AWS and Carrier announced a multi-year agreement to co-develop Carrier’s new Lynx digital platform. This suite of tools will provide Carrier customers around the world with enhanced visibility, increased connectivity, and actionable intelligence across their cold chain operations to improve outcomes for temperature-sensitive cargo, including food, medicine, and vaccines.

  Q4(Oct-Nov-Dec), 2020

• 53

  Danfoss debuts Alsense IoT Food Retail Services, powered by Microsoft Azure.

  Q4(Oct-Nov-Dec), 2020

• 54

  Danfoss debuts Alsense IoT Food Retail Services, powered by Microsoft Azure.

  Q4(Oct-Nov-Dec), 2020

• 55

  Digital tire monitoring in the cloud: Continental launches ContiConnect Live.

  Q4(Oct-Nov-Dec), 2020

• 56

  Drone delivery of goods and critical services via mobile networks is a step closer following successful testing by Vodafone and Ericsson.

  Q4(Oct-Nov-Dec), 2020

Other News

• 1

  B?ON, the electric vehicle (EV) solutions provider, will partner with US-based producer of luxury EVs Karma Automotive to produce B?ON's fully electric light commercial vehicles (eLCVs) at their facility in California starting this year.

  Q1(Jan-Feb-Mar), 2023

• 2

  FEV and Mitsubishi are combining their industrial material capabilities, industry expertise and network with the formation of Beyond Materials. The JV establishes a specialized strategy and engineering service provider advising and supporting material s

  Q4(Oct-Nov-Dec), 2022

• 3

  Geely and Renault have signed a agreement to create a new global leader to develop, manufacture and supply best-in-class hybrid powertrains and highly efficient ICE powertrains. On completion, the new company will comprise 17 powertrain plants and 5 R&D c

  Q4(Oct-Nov-Dec), 2022

• 4

  Meta and Jio Platforms collaborate to launch JioMart on WhatsApp: The first-ever end-to-end shopping experience on WhatsApp

  Q3(Jul-Aug-Sep), 2022

• 5

  TotalEnergies and ENEOS join forces to Develop B2B Solar Distributed Generation across Asia

  Q2(Apr-May-Jun), 2022

• 6

  Renault Group acquires start-up Fixter (which digitalize vehicle maintenance) to develop its multi-brand activities within its network in the independent after-market in Europe

  Q2(Apr-May-Jun), 2022

• 7

  Sony and Honda agree to joint venture to sell electric cars by 2025

  Q2(Apr-May-Jun), 2022

• 8

  Mahindra & Hero Electric enter into strategic partnership for e-mobility. Mahindra will do contract manufacturing for hero electric bikes at their Pitampur plant.

  Q1(Jan-Feb-Mar), 2022

• 9

  Tesla could get revenue boost by helping Jaguar Land Rover with emissions pact. Tesla earned an estimated total revenue of $1.15 billion in the first nine months of this year by helping other automakers comply with EU's stricter emissions regulations.

  Q4(Oct-Nov-Dec), 2021

• 10

  TPG to invest Rs 7,500 cr in Tata Motors EV arm at $9.1 bn valuation. A factory less model.

  Q4(Oct-Nov-Dec), 2021

• 11

  ZF and CATL Join Forces for an Optimal Aftermarket Service in E-Mobility and Energy Storage

  Q4(Oct-Nov-Dec), 2021

• 12

  Porsche Ventures has invested in the technology company iMaker, China's leading provider of virtual influencers and digital ecosystems.

  Q4(Oct-Nov-Dec), 2021

• 13

  H&M opens its first store in the metaverse. H&M announced the opening of a virtual store in CEEK City and became the first retail clothing store in the metaverse.

  Q4(Oct-Nov-Dec), 2021

• 14

  Huawei reaches license agreement with Volkswagen’s supplier, marking the company’s largest automotive licensing deal

  Q3(Jul-Aug-Sep), 2021

• 15

  PTT and Foxconn Establish EV Manufacturing JV in Thailand

  Q3(Jul-Aug-Sep), 2021

• 16

  Safran signs by-the-hour support contract with Bundespolizei

  Q2(Apr-May-Jun), 2021

• 17

  Mobile Drive, the new 50/50 joint venture announced by Stellantis and Foxconn. The JV will be a tier-1 at arms length, focus on infotainment, telematics and cloud service platform development

  Q2(Apr-May-Jun), 2021

• 18

  Netflix enters e-commerce space with new online store to sell show-related merchandise

  Q2(Apr-May-Jun), 2021

• 19

  Tesla filed applications with the U.S. Patent and Trademark Office to use its “T logo design and two other iterations of its “Tesla stylized logo for use in the food industry

  Q2(Apr-May-Jun), 2021

• 20

  A new airline is launched in India flybig Airlines which will only focus on tier-2 and tier-3 cities with its base in MP.

  Q1(Jan-feb-Mar), 2021

• 21

  Deutsche Telekom and Cellnex agree to combine tower business in the Netherlands and become anchor investors in the newly established Digital Infrastructure Vehicle

  Q1(Jan-feb-Mar), 2021

• 22

  Deutsche Telekom and Telefónica share network infrastructure to enhance network coverage

  Q1(Jan-feb-Mar), 2021

• 23

  Evonik’s venture capital arm has invested in chembid, the world’s largest search engine and market intelligence platform for chemicals, to strengthen the company’s e-commerce activities.

  Q1(Jan-feb-Mar), 2021

• 24

  Malaysia’s TNB, Sunseap JV to trial renewable power exports to Singapore.

  Q1(Jan-feb-Mar), 2021

• 25

  WNS Partners with By Miles for the World’s First Connected Car Insurance

  Q1(Jan-feb-Mar), 2021

• 26

  Amazon opens ‘made in India’ toy store where sellers from 15 Indian states will showcase thousands of unique toys across categories like traditional, handmade and educational.

  Q4(Oct-Nov-Dec), 2020

• 27

  Deutsche Telekom is selling vehicle navigation patents via online auction.

  Q4(Oct-Nov-Dec), 2020

• 28

  Frito-Lay Enhances Direct-to-Consumer Shopping Experience with the Launch of ‘Make Your Own’ Variety Pack

  Q4(Oct-Nov-Dec), 2020

• 29

  GM Following Tesla’s Lead, Launching Its Own Auto Insurance

  Q4(Oct-Nov-Dec), 2020

• 30

  Panasonic to Conduct Field Test of Home Delivery Service by Compact, Low-Speed Robot in Fujisawa Sustainable Smart Town

  Q4(Oct-Nov-Dec), 2020

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