Johannes Stemmer, Director Digital Transformation, BEUMER Group
Digital Transformation Strategy in BEUMER Group
ABOUT THIS EPISODE
BEUMER Group has declared digitisation a top priority to secure its own future viability. But how can this be achieved? How can a company that has been operating mechanical engineering as its core business for around 80 years push digitisation to its full extent? To get fit for the future, BEUMER Group is relying on two spin-offs which – with the support of start-ups – are to carry digital projects into the group company.
As a result of extensive research, two spin-off companies to complement the existing innovation department have been started; The BEAM GmbH was established in Berlin as an autonomous company builder and BG.evolution was established in Dortmund and aims to develop ‘Minimum Viable Products', which are minimally equipped prototypes tested as possible solutions for a concrete customer problem.
In this fascinating episode Dave speaks with Dr. Johannes Stemmer, Director Digital Transformation of BEUMER, who explains how BEUMER Group approached this transformation.
Topics include:
- – What prompted the BEUMER Group to start their digital transformation journey
- – How the BEUMER Group uses its core business to innovate in the digital space
- – Why did the BEUMER Group create two new entities?
- – An outline of BG Evolution and BG Challenge
- – How the BEUMER Group uses its ‘unfair advantage'
- – A new mindset for the BEUMER Group
- – How to innovate at speed to develop new services and products
- – Creating new companies vs using incubators, accelerators or VCs
- – The importance of leadership from the top of the company
- – What’s next for the BEUMER Group’s digital transformation?
