Venture Building with NOVAZOON –
AI services in heavy industry

“The NOVAZOON team has shown how digital products are successfully introduced to the market. With its strong implementation, interdisciplinary and flexible approach, NOVAZOON has taken our digital AI-based solutions for heavy industry to a new level. We were also able to benefit greatly from the NOVAZOON team’s experience, as we were able to perfectly combine innovation methods and appropriate technologies in the project in a targeted manner. We will continue to rely on NOVAZOON’s experts as a venture partner.”

Gregor Lammer

Global Industrial AI Leader, RHI Magnesita

The business model innovation

AI Services for Heavy Industry

Disruption of the conservative steel and cement industry
with data-driven services based on AI.

Baseline:

  • Strong customer demand and need for digital solutions to create
    from added values
  • Various digital solutions and prototypes in development, with
    varying degrees of maturity and market approach Challenge: Disrupt the conservative steel and cement industry with data-driven services based on AI.

 

Result: Corporate innovation and business model

  • Professionalization and further development of RHI’s digital business incl.
    Customer-focused digital, market access and pricing strategy
  • Identification and elaboration of further data-driven
    Business potentials and future fields Design of an IIoT connectivity solution for global scaling of AI services
  • Venture Blueprint for the successful business unit spin-off