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The development of a new product can be accelerated by using an approach called crowdsourcing. The engineers compete and try their best to provide the related solution based on the given product requirement submitted in the online crowdsourcing platform. The one who has submitted the best solution get a financial reward. This approach is proven to be three time faster than the conventional one. However, the crowdsourcing process is usually not transparent to a new user. The risk for the execution of a new project for developing a new product is not easy to be calculated [1, 2]. We developed a method InnoCrowd to handle this problem and the new user could use during the planning of a new product development project. This system uses AI concepts to generate a knowledgebase representing histories of successful product development projects. The system uses the knowledge to determine qualitative and quantitative risks of a new project. This paper describes the new method, the InnoCrowd design, and results of a validation experiment based on data from a current crowdsourcing platform. Finally, we compare InnoCrowd to related methods and systems in terms of design and benefits.
As one of the most important branches of the industry in Germany and
the European Union, the mechanical and plant engineering sector is confronted with fundamental changes due to ever shorter innovation cycles and increased competitive pressure. This makes it even more important to increase the level of service components in business models with a low service level, which are still frequently found in SMEs. This paper is dedicated to the changes that the individual components of a business model have experienced and will experience. Special attention is paid to economic sustainability, since service business models can also positively influence the long-term nature of a business. Seven interviews conducted with relevant companies serve as the empirical basis of this paper. The analysed effects of smart services and active customer integration are structured and summarized within the three pillars of every business model (value proposition, the value creation architecture and the revenue mechanic).