Considerations on investments and business models in emerging technologies

Helena Kortelainen; Antti Rantala; Risto Tiusanen

Considerations on investments and business models in emerging technologies

Helena Kortelainen, Antti Rantala, Risto Tiusanen

Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Professional

Abstract

Business models are evolving from selling products towards delivering system performance, capacity, and availability in business ecosystems. Machine manufacturers face a rapidly changing business environment and look for major growth in industrial internet enabled solutions, automation and services. The implementation of advanced technologies call also for novel models of sharing risks and benefits. The literature review and modelling of cash flows presented in this paper provide a model for leveraging initial investments in assets when applying emerging technologies.

Original language	English
Title of host publication	2019 World Congress: Resilience, Reliability and Asset Management
Subtitle of host publication	Conference proceedings
Publisher	Future Resilient Systems (FRS)
Pages	25-28
Number of pages	4
Publication status	Published - 2019
MoE publication type	D3 Professional conference proceedings
Event	World Congress on Resilience, Reliability and Asset Management, WCRRA 2019 - Singapore, Singapore Duration: 28 Jul 2019 → 31 Jul 2019 http://resilienceconference.ethz.ch/

Conference

Conference	World Congress on Resilience, Reliability and Asset Management, WCRRA 2019
Abbreviated title	WCRRA 2019
Country/Territory	Singapore
City	Singapore
Period	28/07/19 → 31/07/19
Internet address	http://resilienceconference.ethz.ch/

Keywords

investment
business models
cash flow
risk

Access to Document

https://www.dropbox.com/s/ckqz9ysi7ea4zxe/Conference%20Proceedings%20-%20Draft%20v2.1.pdf?dl=0

AUTOPORT: Operational excellence and novel business concepts for autonomous logistic systems in ports
Tiusanen, R. (Manager), Ahonen, T. (Participant), Malm, T. (Participant), Heikkilä, E. (Participant), Kortelainen, H. (Participant), Alanen, J. (Participant) & Sarsama, J. (Participant)
1/04/19 → 31/03/21
Project: Business Finland project

Cite this

@inproceedings{d83fd69fa36b4bbeaf6e8fb53c0a5b52,

title = "Considerations on investments and business models in emerging technologies",

abstract = "Business models are evolving from selling products towards delivering system performance, capacity, and availability in business ecosystems. Machine manufacturers face a rapidly changing business environment and look for major growth in industrial internet enabled solutions, automation and services. The implementation of advanced technologies call also for novel models of sharing risks and benefits. The literature review and modelling of cash flows presented in this paper provide a model for leveraging initial investments in assets when applying emerging technologies. ",

keywords = "investment, business models, cash flow, risk",

author = "Helena Kortelainen and Antti Rantala and Risto Tiusanen",

note = "only abstract reviewed, no issn/isbn; World Congress on Resilience, Reliability and Asset Management, WCRRA 2019, WCRRA 2019 ; Conference date: 28-07-2019 Through 31-07-2019",

year = "2019",

language = "English",

pages = "25--28",

booktitle = "2019 World Congress: Resilience, Reliability and Asset Management",

publisher = "Future Resilient Systems (FRS)",

address = "Switzerland",

url = "http://resilienceconference.ethz.ch/",

}

Kortelainen, H, Rantala, A & Tiusanen, R 2019, Considerations on investments and business models in emerging technologies. in 2019 World Congress: Resilience, Reliability and Asset Management: Conference proceedings. Future Resilient Systems (FRS), pp. 25-28, World Congress on Resilience, Reliability and Asset Management, WCRRA 2019, Singapore, Singapore, 28/07/19. <https://www.dropbox.com/s/ckqz9ysi7ea4zxe/Conference%20Proceedings%20-%20Draft%20v2.1.pdf?dl=0>

Considerations on investments and business models in emerging technologies. / Kortelainen, Helena; Rantala, Antti; Tiusanen, Risto.
2019 World Congress: Resilience, Reliability and Asset Management: Conference proceedings. Future Resilient Systems (FRS), 2019. p. 25-28.

Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Professional

TY - GEN

T1 - Considerations on investments and business models in emerging technologies

AU - Kortelainen, Helena

AU - Rantala, Antti

AU - Tiusanen, Risto

N1 - only abstract reviewed, no issn/isbn

PY - 2019

Y1 - 2019

N2 - Business models are evolving from selling products towards delivering system performance, capacity, and availability in business ecosystems. Machine manufacturers face a rapidly changing business environment and look for major growth in industrial internet enabled solutions, automation and services. The implementation of advanced technologies call also for novel models of sharing risks and benefits. The literature review and modelling of cash flows presented in this paper provide a model for leveraging initial investments in assets when applying emerging technologies.

AB - Business models are evolving from selling products towards delivering system performance, capacity, and availability in business ecosystems. Machine manufacturers face a rapidly changing business environment and look for major growth in industrial internet enabled solutions, automation and services. The implementation of advanced technologies call also for novel models of sharing risks and benefits. The literature review and modelling of cash flows presented in this paper provide a model for leveraging initial investments in assets when applying emerging technologies.

KW - investment

KW - business models

KW - cash flow

KW - risk

M3 - Conference article in proceedings

SP - 25

EP - 28

BT - 2019 World Congress: Resilience, Reliability and Asset Management

PB - Future Resilient Systems (FRS)

T2 - World Congress on Resilience, Reliability and Asset Management, WCRRA 2019

Y2 - 28 July 2019 through 31 July 2019

ER -

Considerations on investments and business models in emerging technologies

Abstract

Conference

Keywords

Access to Document

Fingerprint

Projects

AUTOPORT: Operational excellence and novel business concepts for autonomous logistic systems in ports

Cite this