With the help of INNO-VERSE, EAM's strategy department has fundamentally transformed its trend and innovation management – with impressive results.The biggest game changer: massive time savings thanks to AI-based automation of the entire research process. Instead of manual analysis, there is now more room for strategic thinking and real innovation.Read our top 3 findings here.

1. Massive time saving

The entire research process has been automated with a dedicated AI solution. Internal experts can now focus 100% on strategic tasks and the realisation of relevant innovations.

2. Improved strategic decisions

The result is ready-to-use trend and innovation reports for more than 200 defined search fields – a solid basis for quick decisions and new growth impulses.

3. Direct approval from the team

The user interface was so intuitive that everyone involved was able to work with the system in a very short time – without the need for extensive training - and immediately experienced its added value.

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The starting point

The energy industry is characterised by disruptive developments: new technologies, global upheavals, changing regulatory frameworks, environmental challenges and a dynamically growing competitive landscape.The strategy department of the energy company EAM is therefore constantly faced with the task of identifying market and innovation trends at an early stage in order to be able to make well-founded strategic decisions.

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The challenge

AI-powered and automated foresighting

Until now, foresighting – the systematic identification and evaluation of future trends and relevant areas of innovation – has been a time-consuming and resource-intensive process at EAM:

• Highly qualified specialists with international industry expertise were mainly involved in sourcing, analysing and preparing external studies and market reports.
• Identifying relevant information from a variety of sometimes unstructured sources, was time-consuming and took up valuable human resources from day-to-day business.
• Deriving specific findings and identifying relevant implications was extremely complex and required a great deal of manual analysis.
• Structured knowledge transfer was hardly possible – there was no central platform through which results could be efficiently distributed to all relevant decision-makers.

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Find out how EAM solved these challenges with INNO-VERSE!

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