Highly scalable business models
“Highly scalable business models” are the four magic words to quickly hook most venture capital investors, but what does this mean?! In essence, scalability means how easy the business is growing. Now, this raises a new question. If scalability refers to the “ease of growth” then what decides the…
What is a Business Model
If you think of a scale model of a car, a ship, or a building, they all share the same core principle: they are very simple and basic representations to better visualize a solution before making large investments to build it and take it to the market. But what is a business model?……
Types of Market Research
Market research is the process of gathering, analyzing and interpreting information not only about the market and the product/service to be offered, but also about the past, present and potential customers for this product/service. The ultimate goal of any market research is to gain insights about…
What is IoT
A global area where digital technologies, especially the internet of things or “IoT”, are really making an impact is the smart city innovation. Currently more than 250 smart city projects are going on in 178 cities worldwide with the aim to “provide more efficient services to citizens, to monitor…
The Smart Business Modeler at the Bosch BMI Summit 2018
The Smart Business Modeler was presented at the Bosch BMI Summit 2018 and received positive feedback. The Smart City Innovation Lab appreciates the important and valuable questions received and is looking forward to demonstrating the SBM to everyone interested.
Business Modeling Workshop
Yesterday, the Smart City Innovation Lab conducted a business modeling workshop with a group of MBA students from the University of San Diego, California. The goal of the workshop was to develop a business model for a technological invention. It was an exciting 3-hour journey during which workshop…
MIT DesignX Pitch Night
Great ideas with great business models for the smart city Yesterday, the 11 start-ups from the MIT DesignX accelerator pitched their ventures to a packed audience in the MIT Media Lab. It was great to see your development over time, especially with regard to your business models; from our first…
Grundfos Reach for the Stars
“Discover the Smart City” Workshop: Grundfos Reach for the Stars The Smart City Innovation Lab hosted Grundfos’ 40 best sales people from all over the world for the “Discover the Smart City” workshop at Católica Lisbon School of Business and Economics. As a global leader in water…
MIT Design X Accelerator Business Model Workshop
In his role as Visiting Fellow at MIT Sloan, René Bohnsack gave a Business Model Workshop as part of the MIT Design X Accelerator course, which teaches students to advance innovative ideas, services, products, and firms with a focus on design and the built environment. Besides workshops, lectures,…