When do start-ups come in?
From Jameel Istaitih’s experience not only from his current role as Vice President Industry 4.0 with Razor Labs, companies concentrated on their main business. They were very good at innovating in their own realm, when targeting their customers. But for other sectors, they needed others to innovate, and this was where start-ups came in.
Dr Daniele Marini, Senior Supply Chain Strategist with National Manufacturing Institute Scotland, sees a paradigm shift in manufacturing companies, moving away from patent-related innovation towards digital transformation of entire organisations. Start-ups supported this transformation, especially moving SMEs to Industry 4.0 and 5.0.
Senior Business Creation Manager of EIT Manufacturing, Dr Wolfgang Kniejski, clearly sees the benefit of working with start-ups and scale-ups and pointed out that installing new technologies in organisations was not enough. New skills were needed with every new technology. Start-ups needed to develop their businesses and to adopt their business models to be able to access markets and finance once they achieved a market-ready solution.
He pointed to the EIT Knowledge Triangle, a threefold foundation for the support EIT Manufacturing provides to their community which integrates innovation and business creation support with educational efforts.