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TH Köln

University meets industry: developing innovative business models for the digital future together

Published on: 5th June 2023

The digital transformation in industry requires new business models for more flexible, efficient production. Technologies such as artificial intelligence and the internet of things are creating new opportunities to address customers with smart products and services. In the spirit of open innovation, igus, the motion plastics specialist, uses ideas from young talent to develop new solutions and has now participated in the first Hackathon by Innovation Hub Bergisches RheinLand e.V. As part of the project, TH Köln students developed concepts for use-based igus smart plastics business models.