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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.
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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
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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
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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
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