Refine
Document Type
- Part of a Book (6)
- Conference Proceeding (16)
- Contribution to a Periodical (8)
- doctorallecture (1)
- Doctoral Thesis (1)
- Master's Thesis (1)
- Internet Paper (2)
- Report (3)
- Working Paper (6)
Language
- German (22)
- English (20)
- Multiple languages (2)
Is part of the Bibliography
- no (44)
Keywords
- 01 (2)
- 02 (7)
- 03 (3)
- AI (1)
- Additive manufacturing (1)
- After-Sales-Services (1)
- Artificial intelligence (1)
- Asset Management (1)
- Augmented Reality (1)
- Augmented reality (1)
Institute
This paper contributes to an assessment framework for valuing data as an asset. Particularly industrial manufacturers developing and delivering Smart Product Service Systems (Smart PSS) are comprehensively depended on the business value derived by processing data. However, there is a lack in a framework for capturing and comparing the Smart PSS data value with the purpose of increasing the accountability of data initiatives. Therefore a qualitative data value assessment approach was developed and specified on Smart PSS, based on an industrial case study research. [https://link.springer.com/chapter/10.1007/978-3-030-57997-5_39]
Since data becomes more and more important in industrial context, the question arises on how data-driven added value can be measured consistently and comprehensively by manufacturing companies. Currently, attempts on data valuation are primarily taking place on internal company level and qualitative scale. This leads to inconclusive results and unused opportunities in data monetization. Existing approaches in theory to determine quantitative data value are seldom used and less sophisticated. Although quantitative valuation frameworks could enable entities to transfer data valuation from an internal to an external level to take account of progress in digital transformation into external reporting. This paper contributes to data value assessment by presenting a four-part valuation framework that specifies how to transfer internal, qualitative to external, quantitative data valuation. The proposed framework builds on insights derived from practice-oriented action research. The framework is finally tested with a machine tool manufacturer using a single case study approach. Placing value on data will contribute to management’s capability to manage data as well as to realize data-driven benefits and revenue. [https://link.springer.com/chapter/10.1007/978-3-030-85902-2_19]
Ziel des Beitrags ist es, aufzuzeigen, wie produzierende Unternehmen entlang der Customer-Journey systematisch kundenbezogene Daten erheben können. Nach einer Einleitung zur Motivation der Themenstellung, einer Begriffserläuterung und einer Vorstellung des Studiendesigns wird ein Referenzprozessmodell der Kundeninteraktionen produzierender Unternehmen gestaltet, darauf aufbauend ein Datenmodell des digitalen Schattens der Kundeninteraktionen abgeleitet und zuletzt ein Vorgehensmodell zur Implementierung des digitalen Schattens der Kundeninteraktionen präsentiert.
Manufacturing companies are constantly increasing their efforts in the subscription business, also known as product-as-a-service business, offering usage and outcome based solutions (value-in-use) instead of transactional services and products (value-in-exchange). Customers are becoming contractual subscribers of the solution in return for recurring, performance-related payments. To address arising, inevitable challenges like (1) reducing customer churn, (2) increasing usage intensity and outcome quality, (3) ensuring the adoption of product and software releases as well as (4) fostering customer loyalty, leading manufacturing companies are setting up a new organizational, customer-facing unit, called Customer Success Management (CSM). This unit has its origins in the software-as-a-service business, operating next to established entities like sales, key account management and customer service. Since there are currently no holistic models for an end-to-end description of CSM-tasks in the manufacturing industry, this paper contributes to a taskoriented reference model, using a grounded theory approach, examining both manufacturing and software companies. Containing a reference framework with 8 main tasks, 17 basic tasks and 76 elementary tasks, the reference model supports manufacturing companies in adapting and customizing a company-specific CSM concept.
Manufacturing companies (MFRs) are increasingly extending their
portfolios with services and data-driven services (DDS) to differentiate themselves from competitors, tap new revenue potential, and gain competitive advantages through digitization and the subsequently generated data. Nonetheless, DDS fail more often than traditional industrial services and products within the first year on the market. Particularly, companies are failing to sell DDS successfully and efficiently with their existing (multi-level) distribution structures. Surprisingly, there is a lack of scientific research addressing this issue. Since there are currently no holistic models for an end-to-end description of distribution-tasks for DDS in the manufacturing industry, this paper contributes to a task-oriented reference model for mapping interactions in the multi-level distribution management. Therefore, a case study research approach is used, to identify and describe the interactions in the multi-level distribution management of DDS, as well as to develop a regulatory framework for MFRs and their multi-level distribution management. This research uses the established theoretical framework of Service-Dominant-Logic to address the co-creation in multi-level distribution management of DDS. As a result, this paper identifies different interaction variants as well as the need for a new management function with 4 main and 14 basic tasks.
„If you can’t measure it, you can’t manage it.“ Peter Druckers berühmte Weisheit ist in Zeiten des digitalen Wandels aktueller denn je. Der Unternehmenswert der weltweit wertvollsten Unternehmen, wie beispielsweise Google, Amazon, Alphabet und Microsoft, ergibt sich zum größten Teil nicht durch physische Vermögenswerte, sondern durch informationstechnische Dienste und datengetriebene Geschäftsmodelle. Der Zugriff und die Nutzung von Daten sind zunehmend ein wettbewerbsentscheidender Schlüsselfaktor und begründen die Notwendigkeit zur digitalen Transformation etablierter Geschäftsmodelle und -prozesse, nicht zuletzt innerhalb der produzierenden Industrie in Deutschland und Europa. Das vom Bundesministerium für Wirtschaft und Klimaschutz geförderte Forschungsprojekt ‚Future Data Assets', Laufzeit 01.08.2019 – 31.01.2023, diente folgerichtig dem Ziel, zunächst neue Möglichkeiten der Datenbewertung, insbesondere im Bereich des monetären Nutzens, und daran anschließend Kanäle zur Kommunikation der ermittelten Werte zu erforschen.
This chapter presents key challenges of digital pricing: selling value propositions, data-driven quantification of value, the design of value-driven pricing models, and the definition of subscription-based price metrics. To structure the pricing for smart-product-service offerings promisingly, a framework with four specific elements has been developed. To address the value propositions properly, this chapter presents four archetypes for offering smart-product-service systems. The chapter concludes by presenting an approach to quantify customer value for digital products and services.
In der Spitzengruppe der weltweit wertvollsten Unternehmen befinden sich Stand 20211 hauptsächlich Digitalkonzerne wie Apple, Amazon, Alphabet, Microsoft, Facebook und Tencent. Im Gegensatz zu traditionellen Industrieunternehmen bestimmt sich der größte Anteil des Unternehmens- bzw. Börsenwerts dieser Konzerne nicht durch physische Assets, sondern durch den immateriellen Wert vorhandener Daten, Informationen und informationstechnischer Dienste.
Der Zugriff auf und die Nutzung von Daten sind zunehmend wettbewerbsentscheidende Schlüsselfaktoren und begründen die Notwendigkeit zur digitalen Transformation etablierter Geschäftsmodelle und -prozesse auch innerhalb der produzierenden Industrie in Deutschland und Europa. Das vom Bundesministerium für Wirtschaft und Klimaschutz geförderte Projekt ‚Future Data Assets“ dient folgerichtig dem Ziel, zunächst neue Möglichkeiten der Datenbe-
wertung, insbesondere im Bereich des monetären Nutzens, und daran anschließend Kanäle zur Kommunikation der ermittelten Werte zu erforschen. Im Fokus der Untersuchungen stehen insbesondere produzierende Unternehmen, die im Kontext von Industrie 4.0 zunehmend Daten wertschöpfend einsetzen, jedoch vor zahlreichen Herausforderungen in der externen und internen Kommunikation des Nutzwertes ihres Datenkapitals stehen.
Ein Subscription-Geschäftsmodell – das klingt nach maßgeblichen wirtschaftlichen Vorteilen. Daher stellt sich die Frage: Warum haben bisher noch nicht alle produzierenden Unternehmen diese Art der partizipativen Geschäftsmodelle aufgebaut?
Die Antwort: Der Aufbau und die Umsetzung von Subscription-Geschäftsmodellen gehen einher mit zentralen Herausforderungen, die Unternehmen im Zuge einer Geschäftsmodelltransformation bewältigen müssen. Hierbei hilft dieses Expert-Paper.
A subscription business model - that sounds like significant economic advantages. Therefore, the question arises: Why haven't all manufacturing companies established this type of participative business model yet?
The answer: The development and implementation of subscription business models go hand in hand with central challenges that companies have to overcome in the course of a business model transformation. This expert paper helps with this.
More and more manufacturing companies are starting to transform the transaction-based business model into a customer value-based subscription business to monetize the potential of digitization in times of saturated markets. However, historically evolved, linear acquisition processes, focusing the transactionoriented product sales, prevent this development substantially. Elemental features of the subscription business such as recurring payments, short-term release cycles, data-driven learning, and a focus on customer success are not considered in this approach. Since existing transactional-driven acquisition approaches are not successfully applicable to the subscription business, a systematic approach to an acquisition cycle of the subscription business in the manufacturing industry is presented, aiming at a long-term participative business. Applying a grounded theory approach, a task-oriented model for themanufacturing industry was developed.
The model consisting of five main tasks and 14 basis tasks serves as best practice to support manufacturing companies in adapting or redesigning acquisition activities for their subscription business models.
Wachstum durch Reduzierung?
(2022)
Ziel des Forschungsprojekts ‚DM4AR‘ war es, Servicewissen skalierbar und einfach nutzbar zu machen, indem automatisch Augmented-Reality-Inhalte aus verschiedenen Datenquellen generiert werden.
Nutzen für die Zielgruppe:
Durch die Ergebnisse des Projekts ‚DM4AR‘ kann zukünftig die wesentliche Barriere für die flächendeckende und produktive Nutzung der AR-Technologie durch die Etablierung eines plattformbasierten und automatisierten Ansatzes zur Datenaufbereitung überwunden werden. Dabei steht die einfache Integration in den operativen Serviceprozess im Vordergrund, um den Nutzen zu maximieren und die Umstellung der Serviceprozesse zu vereinfachen. Die ‚DM4AR‘-Ergebnisse ermöglichen somit die Sicherung und den gezielten Einsatz des im Unternehmen vorhandenen Wissens.
33 Prozent aller Unternehmen glauben, den Anschluss an Künstliche Intelligenz (KI) zu verlieren. Obwohl KI auf den ersten Blick eine Herausforderung darstellt, kann sie vor allem im Unternehmenskontext eine bedeutende Rolle spielen. Genau da setzt das Programm "KI-Serviceroadmap 2024" des FIR an und zeigt Ihnen den Weg zu KI im Service auf. Das Programm beginnt für alle teilnehmenden Unternehmen mit einem umfassenden Assessment und mündet in der Entwicklung einer detaillierten Roadmap mit Ihrem individuellen Weg zu KI.
Das Ziel des Forschungsprojekts "Future Data Assets" bestand in der monetären Bewertung des unternehmerischen Datenkapitals. Dazu wurden die Entwicklung und Instanziierung einer sogenannten "Datenbilanz" angestrebt. Die Datenbilanz soll dem Reporting der unternehmerischen Fähigkeit der Datenbewirtschaftung dienen und damit eine Lücke im Hinblick auf die klassische Berichterstattung schließen, in der Daten kaum betrachtet bzw. systematisch bewertet werden.
Pricing is one of the most important, but underestimated tools, to enhance a company's profitability. Especially value-based pricing has a high potential to reach higher levels of satisfaction because it equates the needs of providers and customers. Even though, it is a well-known price model and promises higher satisfaction, many companies struggle to implement it. Especially the manufacturing industry is characterized by cost-plus pricing and competition-based pricing. However, especially for digital products these pricing strategies are insufficient. Therefore, this paper aims at exploring the design fields for value-based pricing of digital products in the manufacturing industry. To achieve this, the basics of digital products and value-based pricing are explored. Furthermore, an expert workshop is conducted that follows a framework for value-based pricing consisting of four consecutive steps analysis, price strategy, pricing, and market launch to capture the design fields. This paper concludes with limitations, and practical and research implications.
More and more companies in the mechanical and plant engineering industry are transforming their business model and evolving from product to solution providers. Subscription business models play a key role in this development. They enable companies to enter long-term collaborative relationships with customers and thus monetize the potential of Industry 4.0. However, this development is not easy for many companies and is associated with numerous hurdles. One of these hurdles is the development of a suitable range of services tailored to customer needs. In this context, the bundling of individual services to service modules plays a key role in realizing new value propositions. In practice, however, companies often lack an understanding of which services need to be combined in what way to be able to realize new value propositions. Accordingly, the goal of this work is to identify relevant services for subscription business models, to cluster them into meaningful value-adding bundles, and to derive new value propositions accordingly. The new value propositions in turn enable mechanical and plant engineering companies to strengthen customer loyalty and thus achieve long-term economic success.
The mechanical and plant engineering industry faces a stagnation in the new machinery market and is relying on innovative business models such as subscription to overcome these. In this business model, individually customized solution packages are offered. The success of these models depends directly on the future success of the customer, making the selection of the right customers crucial. The aim of this paper is to identify the criteria that indicate the suitability of customers for subscription models. While there are individual descriptions of suitability criteria in the existing literature, there is a lack of comprehensive consideration of customer relationship, customer company, and customer market, as the extensive consideration was not necessary in the transactional sale of machines until now. Therefore, in this study, expert interviews are conducted with companies in mechanical and plant engineering that offer subscription models. The results show criteria that are used to evaluate customers in the six main categories of creditworthiness, market potential, benefit potential, feasibility, relationship, and sales effort. In total, 24 criteria can provide insight into the suitability of the customer for a successful subscription relationship. These criteria are intended to develop target systems that meet the requirements of different stakeholders in the customer and thus support the economic viability of these business models.
Towards a Methodology to Determine Intersubjective Data Values in Industrial Business Activities
(2021)
This paper contributes to a valuation framework for valuing data as an intangible asset. Especially those industrial manufacturers developing and delivering holistic digital solutions are limited in calculating the true business value of data initiatives. Since the value of data is strongly dependent on the respective use case, a completely objective valuation is not possible. This complicates decision-making on the internal side regarding investments in digital transformation, and on the external side to communicate existing benefits to third parties via financial reporting. Therefore, the target is to design a valuation framework that allows industrial manufacturers to determine an intersubjective, i.e., traceable and transparent, data value. In order to develop a framework that can be applied in practice, the approach is based on industrial case study research.