We want to accelerate our open innovation efforts to co-create new innovations with start-ups. Together with them, we want to find long-terms mutual benefits in finding and creating new solutions to increase productivity at construction sites, and also to provide value-added to our customers. We want to find cutting edge technologies/products to further innovate people and material flow whilst increasing revenue and margins from customers.
We also, want to gain more out-of-the-box thinking and speed in the development of new ideas and experiences.
We proposed to create collaboration between KONE and Start-ups working on digitizing the construction industry and smart supply chain management.
We leveraged KONE’s knowledge in people flow and its access to construction sites to offer to mature start-ups to create MVP’s at live construction sites that would help them innovate in the material flow and “smart” technology implementation in construction.
KONE has been able to validate some assumptions made from prior market research and confidently move forward with its investment in the creation of new value-added service for its customers.
KONE collaboration readiness assessment has served as a firm ground for the project strategy and planning. A marketing campaign to promote KONE’s Open Innovation effort has led to broad awareness and response in innovator ecosystems.
screened in smart constructions
for Sixgill & Kaltiot
in Finland and Malaysia
Other Case Studies
Stora Enso, a global renewable materials company, internally recruited 18 employees to work for 3 months with 6 startup companies. Their aim was to explore and work towards opportunities in the Circular Economy.
Innovative Patient Solutions
With the aim of promoting good health in every way, Pfizer works to help patients with life-long illnesses. Pfizer aims to create a rounded support system for chronic patients that will go beyond the pill and support a person 365 days a year.
Revolution in Fashion & Textiles
VTT experts have kicked-off partnership negotiations with 9 companies in circular fashion. Some of the teams have an immediate interest in the running projects and some will apply with VTT for extended research and development funding.