Daimler has one. Lufthansa has one. SAP has one, and Deutsche Telekom does too. German groups are harnessing innovation hubs that turn ideas into products. But how does innovation work?
Co-creation is the keyword. Employees from different disciplines work together in a laboratory atmosphere. In the Telekom Open IoT Lab, researchers from the Fraunhofer Institute for Material Flow and Logistics (IML) and Telekom IoT experts work meticulously on the digital future. Side-by-side with other companies, they test IoT solutions for the manufacturing, logistics, and aviation industries. The aim is to make these products ready for the market.
Innovation for logistics
The global economic crisis is placing huge demands on companies. Supply chains need to be optimized, and protected at the same time. Factories are changing their structures and processes overnight. Innovations from the Internet of Things (IoT) can help companies with this.
The Fraunhofer IML is ploughing its hardware knowledge into the Telekom Open IoT Lab, while Deutsche Telekom is contributing its network expertise and IoT and cloud solutions. Together, they have developed the IoT Service Button and Low Cost Tracker. They are both hands-on products that bring real benefits to companies.