Business Innovation and Virtual Enterprise Environment -

The EU needs an effective exit strategy from crisis: for European industry innovation is the key issue. Innovation is a complex issue requiring both special expertise and a large amount of knowledge of particular sectors (e.g. the industrial sector) but it also requires knowledge in the areas of technology, business models, finance, markets, etc. Innovation is not an easy job for a single enterprise but it is really a challenge for a networked virtual enterprise (VE). The BIVEE project aims to develop a rich framework, i.e., a software environment that includes business principles, models, and best practices, to promote innovation in VE environments. Effective innovation needs to be aware of what is going on inside the VE at the production level and at the same time outside of it, where a plethora of elements move fast and often unexpectedly (e.g. markets, technology, finances, competitors, etc.). BIVEE introduces the notions of ‘Value Production’ and ‘Business Innovation’ space that shape the BIVEE framework, including the knowledge repository that collects all the required elements, inside and outside the VE. The knowledge repository is the key asset of the mission control room that monitors and manages VE production, the Virtual Innovation Factory that produces innovatively and manages its introduction in the VE. The work plan of BIVEE emphasizes impact achievement. To this end it has been based on two different trial applications (in furniture and in high-tech equipments) with both organised into two major trial phases: phase one for monitoring the course of production before the introduction of BIVEE environment and phase two where the VE achievements are assessed as having the BIVEE environment in place. The two trial cases are quite different to prove the flexibility and adoptability of BIVEE.
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Start date: 01-09-2011
End date: 31-12-2014
Total budget - Public funding: 4 268 054,00 Euro - 2 989 000,00 Euro
Call topic: Virtual Factories and enterprises (FoF.ICT.2011.7.3)

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Small or medium-scale focused research project (STREP)