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The characteristics of data-driven business model development and how to succeed

The BMI Lab Blog

To start, we need to detail what a data-driven business model actually is. Therefore, data-driven business models can be understood as those models in which digitized data - in various degrees of processing - offers the central added value for customers or consumers. Don’t forget to scale and measure your model correctly!

Data 52
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The Innovation-Driven Disruption of the Automotive Value Chain (Part 2)

Corporate Innovation

2013 R&D spend (in US$B). While investing heavily in R&D, automotive OEMs had not been investing in technologies and business models that are now used by newcomers to disrupt them (software, big data, user experience, additive manufacturing/materials, energy storage, sharing economy, direct to consumer).

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The Innovation-Driven Disruption of the Automotive Value Chain (Part 2)

Corporate Innovation

2013 R&D spend (in US$B). While investing heavily in R&D, automotive OEMs had not been investing in technologies and business models that are now used by newcomers to disrupt them (software, big data, user experience, additive manufacturing/materials, energy storage, sharing economy, direct to consumer).