NOVAZOON Best Practices Insights: Data-based Business Model Innovation

 

The context, innovation and implementation phases form the basis in the development of a business model.

In all phases, we use the latest methods and best practices, which we have developed together with leading research institutions in Europe. Our unique transformation methodology is certified by both the recognized institution TÜV SÜD and the German Federal Office of Economics and Export Control.

One of our selected methods is data-based business model innovation.

This form of innovation builds on the potential of existing data. Existing data landscapes and models are categorized and compared with the value chain of the target market.
The process/data mapping forms the basis for a more advanced innovation process oriented to the Business Model Framework.