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Zero-defect manufacturing strategies towards on-line production management for European factories

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Business model aspects of digital platform deployment

General description

Here the term “business models” is used in a wide sense, complementing the technological and organisation aspects of digital platforms.

One proven tool for analysing and shaping business model is the “Business Model Canvas”. When trying to apply this tool to platforms, it appears that some elements apply to platform-based business models (e.g. the “value proposition”) and that tools as the ”canvas” can provide a first inspiration.

However, for digital platforms the traditional business models view in the narrow sense falls short of describing the business and relationship aspects of platforms. In particular, the strict “partner” and “customer”- view has to be replaced by an ecosystem-perspective. In addition, this ecosystem can be highly dynamic, which means that platforms can move into new user groups, change their features and might have the typical effects. Another difference is the central role of data for platforms, meaning that data governance is one of the essential elements of the value proposition of platforms.

Specifics for Project Z-Fact0r | Zero-defect manufacturing strategies towards on-line production management for European factories

Business model aspects Project specific Kanban Business model aspects of digital platform deployment Taxon page Project specific Kanban Comment: The Business Model Canvas is a strategic management tool for developing new or documenting existing business models. It’s a one-page document containing nine boxes that represent different fundamental elements of a business: 1. value propositions, 2. customer segments, 3. channels, 4. customer relationships, 5. revenue streams, 6. key resources, 7. key partners, 8. key activities, and 9. cost structure. Within the Z-Fact0r project, we developed: -Business Model Canvases for the Results that technical partners/beneficiaries wish to individually exploit and -The Business Model Canvas for the entire Z-Factor solution. Business ecosystem Taxon page Project specific Kanban Comment: The Z-Fact0r business eco-system will comprise: -R&D Collaboration -Industry associations -Sensor manufacturing companies -Potential suppliers: Technology suppliers, Technology integrators, ICT suppliers -Sector experts: Consulting firms, -Investors in manufacturing Target clients Taxon page Comment: The following target clients have been identified: -Manufacturing SMEs and large companies, probably from sectors with high defective rates, or with lower ones but with customers that demand tight tolerances in certain parameters -Metal processing and manufacturing industries -Plastics and Rubber Manufacturers -Automotive, Aeronautic, (Micro) Electronics, Medical Industry -Companies that implement monitoring systems and/or companies in the field of production optimization Service model Taxon page Project specific Kanban Comment: The revenue streams will be: -Fixed fee to be paid for physical asset purchase, and installation of all hardware and software components integrated in one only system -Yearly fee for technical support and software updates Added Value from user perspective Taxon page Project specific Kanban Comment: Z-Factor's uniques value propositions include the following features: -Holistic & innovative ZDM solution -Increases overall quality & customer satisfaction -Reduces production costs, energy & material consumption -Utilizes almost all the state-of-the art techniques for implementing ZDM

Z-Fact0r | Zero-defect manufacturing strategies towards on-line production management for European factories

01-10-2016

31-03-2020

Calltopic: FoF.2016.03

: 11 | : 1

Description there is a vast business opportunity for innovative, high-ROI (Return on Investment) solutions, that will ensure better quality and higher productivity in the European manufacturing industries.
Comments In order to support the commercialization of the Z-Fact0r solution, the project partners developed a business model canvas.
Z-Fact0r middleware platform and components Result title Z-Fact0r middleware platform and components
Periodic Reporting for period 1 - Z-Fact0r (Zero-defect manufacturing strategies towards on-line production management for European factories) Result description that cover quality aspects of the product for monitoring the manufacturing process was established.
Techniques for product reworking Result comments In context, in the case of a defect, material can be subtracted by means of laser ablation or classical machining, thus removing of the problematic area cleaning or preparing the surface.
Business model aspects of digital platform deployment Taxon title Business model aspects of digital platform deployment Taxon description However, for digital platforms the traditional business models view in the narrow sense falls short of describing the business and relationship aspects of platforms.
Innovation Comments In order to support the commercialization of the Z-Fact0r solution, the project partners developed a business model canvas.