Daikin's Hybrid
Innovation Model
Daikin Open Innovation will operate through a hybrid model combining an Innovation Hub and an Innovation Lab.
This approach allows Daikin to validate business models and emerging technologies via the venture client model.
Innovation Hub
The Innovation Hub will consolidate resources, establish collaborative networks, and support promising startups.
Daikin aims to establish an ecosystem that facilitates the exchange of innovative ideas, expertise, and resources. By providing extensive networking and scouting opportunities, Daikin seeks to identify and engage with potential partners and innovators. Additionally, fostering strategic alliances and partnerships will drive collaborative innovation and achieve mutual growth.
Innovation Lab
Encourage innovation and collaboration among multidisciplinary teams through hands-on engagement with operations. Utilize agile methodologies and design thinking tools to enhance creativity and problem-solving. Implement rapid prototyping and testing to accelerate the development and validation of new ideas.
Daikin's Innovation Lab Action Plan
Daikin's Innovation Lab identifies opportunities, develops solutions, and implements them in the market through trend research and innovative methodologies. It serves as a hub for exploring new ideas and technologies in air conditioning and air quality, fostering interdisciplinary collaboration.
Dedicated teams research market trends and consumer needs to find growth opportunities and innovative product pathways. This strategy enhances partnerships and drives the adoption of groundbreaking solutions, positioning Daikin at the forefront of technological advancements to improve air quality and promote sustainability.
EMPOWERING PROGRESS
Role of the Innovation Lab in Mexico
The Daikin team has identified the Innovation Lab in Mexico as a catalyst for regional innovation. Its primary function is to develop solutions that mitigate climate change and improve air quality, while also driving economic growth and enhancing the company's competitiveness. Additionally, the lab will serve as a hub for collaboration with startups, universities, and other key institutions within the innovation ecosystem.
Anticipating Evolution
Daikin's Innovation Lab drives innovation and sustainability in Latin America through collaboration and technological excellence, aiming to transform the air conditioning industry. It marks a pivotal step toward revolutionizing the sector for a more prosperous future. Tracking indicators will be established to measure its impact and success over time.
Business Development Impact
The Innovation Lab aims to drive business development by creating novel business models and innovative services. These initiatives not only generate value for Daikin but also enhance the customer experience, leading to growth and profitability.
Innovative Mindset & Talent Acquisition
We foster creativity by attracting top-tier talent in a supportive environment. The Air Community initiative cultivates a culture of air use in Latin America, empowering groundbreaking solutions through collaboration and continuous learning.
Brand Awareness
Daikin seeks to enhance brand recognition as an innovative leader in air quality solutions. Through its unwavering commitment to innovation and sustainability, Daikin aims to elevate its brand profile both locally and internationally, strengthening customer loyalty and attracting new markets.
Potential disruption
Select Startups for Tech Relevance
Select startups based on their technological relevance to our industry and their potential for disruption. This involves a rigorous evaluation process, focusing on startups that offer cutting-edge solutions in energy efficiency, smart home / building integration, and advanced climate control, product innovation, etc. Engage with these startups through joint development projects and innovation workshops, fostering close collaboration and effective knowledge transfer between teams.
Enable Rapid Prototyping & Testing
Implement rapid prototyping and real-world testing processes. This approach allows to quickly validate the performance and feasibility of innovations in actual operating conditions. Swiftly identify and scale successful innovations, ensuring they are seamlessly integrated into our existing systems.
Expand Operations through Innovation
Leverage innovative solutions, complementary to our core technologies, to deliver direct value to customers and significantly improving their overall experience. Innovation enable us to tap into emerging trends / industries, providing opportunities to strengthen our market position, boost sales, and foster long-term customer loyalty.
Revenue Growth through Partnerships
Support core business by enhancing sales channels - bringing in opportunities and sales leads - through the innovative ecosystem and strategic partnerships. Obtain access to new customer bases or projects and expand market reach.
Data Collection and Trends
Maintaining agility and alignment with long-term goals is crucial. Obtain knowledge from the innovative ecosystem that can support market research and understanding of future trends in the Latin America region. In addition, utilize continuous data collection, engagement with operations, and feedback loops to monitor the impact and effectiveness of our approach to identify customer needs and ideation processes.
Brand Visibility and Leadership
By positioning Daikin at the Forefront of open innovation and co-creation, attract attention from media, industry leaders, and potential partners. It will establish market leadership by facilitating the creation of innovative solutions, driving competitive advantage, and demonstrating our commitment to pioneering advancements in our field.
Talent Acquisition
Boost talent acquisition by showcasing our commitment to innovation, creating an inspiring environment for top talent, and offering unique opportunities for professional growth and collaboration with industry pioneers.
Transparency Documents
The creation of foundational documents to communicate processes and updates to key stakeholders ensures transparency, alignment, and efficient execution of strategies. By clearly documenting the innovation processes, milestones, and outcomes, we maintain stakeholder engagement, support, and collaboration throughout the innovation journey.
Airtech Challenge
Airtech is an innovation challenge organized by Daikin and incMTY, where entrepreneurs from LATAM present their startups related to the HVAC (Heating, Ventilation, and Air Conditioning) industry and its supply chain through high-impact initiatives.
Air Community
Air Community is a network that connects organizations, companies, academia, students, and entrepreneurs to exchange ideas and develop projects focused on innovation in the HVAC industry. Its goal is to be a mentoring community in innovation, entrepreneurship, technology, climate change, and sustainability in this sector.
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