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Business Models Working Group

Find out more about the goals, activities and publications of this Working Group

 

The Business Models Working Group aims to establish a common language and frameworks for describing and valuating business models. This involves the identification and evaluation of both existing and novel business models derived from project demonstrations and use cases. Additionally, the WG is actively developing and testing a simulation tool that enables the comparative analysis of profitability among various business models applicable to smart grids and energy storage solutions.

The WG’s efforts are channeled into two key areas of interest:

  • Tools for Evaluating Benefits and Values - Efforts are concentrated on designing tools to assess the benefits and values of services and solutions emerging from project activities. This includes exploring tools for capturing business ideas, constructing Business Models, and quantifying the benefits of services and solutions under different use case scenarios.
  • Business Model Design for Data Value Chain Integration - The WG is engaged in crafting a business model that seamlessly incorporates the integration of the data value chain and the monetization of data. This exploration includes a detailed investigation into the types and characteristics of data value chains within BRIDGE projects, aiming to enhance observability and create additional social value.

To address these focus areas, three task forces have been established with the following objectives:

  1. Investigate the tools to capture business ideas and build Business Models
  2. Develop and refine quantification methods to assess the benefits of services and solution under various use cases scenarios
  3. Investigate the types and characteristics of data value chains within Business Models of BRIDGE projects  
     

For more information about this Working Group, please contact secretariat@horizon-bridge.eu

Chairs:

Christina Papadimitriou, Chair

Evangelos Koulis, Co-chair

Andrej Gubina, Honorary Co-chair

Latest reports and documents

BRIDGE Business Models Workplan 2021-2022
Annual Report 2023 Business Models
BRIDGE working group business model annual report 2023-2024 (October 2024) This annual report summarises the initial findings of the BRIDGE project's Business Model Working Group (2023–2024). Key conclusions include the widespread use of the Business Model Canvas (BMC) across projects, despite its limitations, which require complementary tools such as the Value Proposition Canvas. There is a lack of standardised business modeling processes and quantification methods, such as cost-benefit analysis. Additionally, data is not being effectively treated as a Key Exploitable Result (KER) and there is a need to valorise data through business modelling. The work highlights that projects require ongoing support from BRIDGE in refining their business models at various stages.
Report on topic 1: Investigation of relationship of use cases and cross-domain
This report, written by Business Models Working Group (September 2022) aimed to zoom into concrete business models, related barriers to realize them and trends that may impact them. Task 2 investigated best practice for use cases monitoring and impact analysis and the role of Key Performance Indicators. Task 3 complemented and validated Task 1 and Task 2 activities with the help of a questionnaire to all participating projects.