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What Co-Innovation Can Mean for Digital Business Transformation: Sharing and Managing Risk to Achieve IT Business Innovation

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Shaping the Digital Enterprise

Abstract

There are viable and compelling options to tackle some of the most difficult business problems, particularly in terms of technology change, through exploring co-innovated solutions between a firm and its leading suppliers and business partners. We suggest that co-innovation is a strong enabler for digital business transformation by sharing three exemplary SAP Co-Innovation Lab projects that are meant to support broader business transformation initiatives. The first case concerns the development of an innovative responsive mobile solution for engineering constructions and operations. The second case describes an Augmented Reality solution for innovatively enhancing maintenance operations in the aerospace sector. The third case combines a prescriptive maintenance solution integrated into a technology platform with extensive data analysis to deliver critical metrics and key performance indicators. The insights gleaned from successful execution of these projects should serve useful to those who are pursuing digital business transformation through innovation.

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Correspondence to Pascal Hagedorn .

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Condea, C., Cruickshank, D., Hagedorn, P. (2017). What Co-Innovation Can Mean for Digital Business Transformation: Sharing and Managing Risk to Achieve IT Business Innovation. In: Oswald, G., Kleinemeier, M. (eds) Shaping the Digital Enterprise. Springer, Cham. https://doi.org/10.1007/978-3-319-40967-2_14

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