AVEVA, a global leader in industrial software, has initiated a dedicated three-year project with IMD Business School to conduct an in-depth programme of research focused on how organisations can tap into industrial intelligence to build, orchestrate and scale business ecosystems.
Industrial Intelligence – the dynamic integration of data-driven insight, enhanced with industrial AI and human expertise – is the core of AVEVA’s work, and is at the heart of how organisations can capture value from business ecosystems. This new research project, led by IMD Professors Michael Wade and Mark Greeven, will examine the emerging trends and best practices that will enable companies in sectors like manufacturing, energy, transport and data centres to unlock insights from data, transcend silos, empower workers and innovate at scale.
There will be specific areas of emphasis throughout the programme, including: the role of AI in managing ecosystems; how global business networks can accelerate the energy transition and circularity; the evolution of new ecosystem-powered business models; and how companies can redefine partnerships for the digital era while ensuring compliance and managing risk.
“By bringing together AVEVA’s deep technical roots in industry with IMD’s applied research focus, we’re cracking the code on how industrial intelligence can be harnessed to address higher-order business problems. We’re excited to explore the people, process and technology enablers of connected business ecosystems and how they can be a spur to transformation and improved productivity,” comments Caspar Herzberg, CEO, AVEVA. “Through in-depth original research with executives and industry practitioners around the world, this research collaboration will unpack the critical success factors our customers must prioritise to drive resilience, sustainability and efficiency in operations.”
“As business ecosystems evolve at unprecedented speed, leaders need actionable frameworks grounded in real-world experience. This research project combines IMD’s academic rigor with insights from AVEVA, one of the industry’s leading innovators. By integrating deep operational expertise into our scholarly approach, we are delivering applied research that speaks directly to the challenges decision-makers face – research from business, for business. This is how we expand what organisations can achieve in practice, not just in principle,” said Stefan Michel, Dean of Faculty and Research, IMD.