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Vanderlande – Technology Innovation Innovations with Startups Fred Verstraaten| R&D Technology Manager 7 December 2016

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Page 1: Vanderlande Technology Innovation - NAG€¦ ·  · 2016-12-19Vanderlande –Technology ... resources create pressure that runs opposite to the pursuit of innovation. Being aware

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Vanderlande – Technology InnovationInnovations with Startups

Fred Verstraaten| R&D Technology Manager

7 December 2016

Page 2: Vanderlande Technology Innovation - NAG€¦ ·  · 2016-12-19Vanderlande –Technology ... resources create pressure that runs opposite to the pursuit of innovation. Being aware

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About Vanderlande…

7 December 20162

Page 3: Vanderlande Technology Innovation - NAG€¦ ·  · 2016-12-19Vanderlande –Technology ... resources create pressure that runs opposite to the pursuit of innovation. Being aware

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Startups are focused on creating a solution!

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Customer Need

Technical Solution/ IP

Startups

Customer Need

Business Need

TechnicalSolution/ IP

Large companies

Also assess the success factor based on their business need.

Opportunity forsuccessful

commercialization

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Why startup’s and large companies become BFF’s?

When corporations reach maturity, the measure of success is: it’s profit.

Mature corporations are designed to execute on the science of delivery —not designed to innovate.

Processes, organizational cultures, and resources create pressure that runs opposite to the pursuit of innovation.

Being aware of this…

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Jack Welch, GE:

"Size either liberates or paralyzes. We tried to remember that the benefit of size was thatit allowed us to take more swings."

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Startup Quintech -> Type22 (2011)

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Stack@Ease: Lightening the load

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Smart Robotics (2015)

7 December 20167

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Continuous … change is the constant To evolve … with top level innovation Speed … to deliver continuously Collaboration … with Startups!

7 December 20168

Innovation today =

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