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Electrolux Group & Open Innovation

Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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Page 1: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Electrolux Group & Open Innovation

Page 2: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Electrolux Group

Innovation in Electrolux

Open Innovation Model

Open to Your Ideas

Page 3: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Electrolux Group

Innovation in Electrolux

Open Innovation Model

Open to Your Ideas

Page 4: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Electrolux Group

Position

Sales SEK 102 billion

Op income SEK 3.2 billion

Sales in more than 150 markets

A world leader in appliances

Figures as of 2011

Products

More than 40 million products per year

To meet the real needs of consumers and professionals

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People

58,000 in 60 countries

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Electrolux is a global leader in home appliances and appliances for professional use, selling more than 40 million products to customers on more than 150 markets every year.

Page 5: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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When Mr. Axel Wenner-Gren, approached AB Lux in 1913 to manufacture his invention – the vacuum cleaner – he promised to sell 500 of them. With a handful of salespeople, and a lot of determination, he ended up selling over 16000 before the end of that year.

Electrolux Group The History

Page 6: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Electrolux Group The History

2011 Acquisition of Chilean CTI

2011 Acquisition of Egyptian Olympic Group

2008 Launch of Electrolux brand in the US

2006 Spin off of Husqvarna

2001 Acquisition of Email, Australia

1996 Acquisition of Refripar, Brazil

1994 Acquisition of AEG Hausgeräte, Germany

1986 Acquisition of White Consolidated, USA, incl. the Frigidaire brand

1984 Acquisition of Zanussi, Italy

1978 Acquisition of Husqvarna, outdoor products

1962 Acquisition of Elektro Helios first commercial products

1950 First household laundry machine

1922 Absorption refrigerator invented and production starts in 1925

1919 Electrolux is founded, producing a new type of vacuum cleaners

Sales

1930 1940 1960 1970 1980 1990 2000 1950

Page 7: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Electrolux Group A Global Company

Share of net sales as of 2011

Major Appliances NA, 27%

Major Appliances LA, 18%

Major Appliances AP, 8%

Small Appliances, 8% Major Appliances EMEA, 33%

Professional , 6%

Page 8: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Electrolux Group The Business

Share of net sales as of 2011

Major Appliances 86%

Small Appliances 8%

Professional 6%

Food Preparation: Cookers, Ovens & Hobs

Food Preservation: Refrigerators & Freezers

DishCare: Dishwashers

Fabric Care: Laundry Products

Floor Care & Small appliances

Air Conditioners & Dehumidifiers

Professional: Products for professional use

Page 9: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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We are the largest manufacturer in the world.

We are selling around 8.5 million units globally.

We are providing a wide range of local versions adapted to different food cultures.

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Electrolux Group The Business

Cookers, Ovens & Hobs

Page 10: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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We are selling around 10 million units globally.

Our best fridges today consume 70% less energy than the average 15 years ago. 10

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Refrigerators & Freezers

Electrolux Group The Business

Page 11: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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We are selling around 3 million units globally

If every household used a dishwasher instead of washing by hand, over 990 billion liters of water a year could be saved in Europe, which is the equivalent of Denmark’s water consumption for a whole year.

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Dishwashers

Electrolux Group The Business

Page 12: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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We are the market leader in Europe.

We are selling around 7 million units globally.

We developed the Iron Aid – the first steam tumble dryer on the market. It helps with the ironing.

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Laundry Products

Electrolux Group The Business

Page 13: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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A world leader and the only global manufacturer.

Except for vacuum cleaners, Electrolux also produces small appliances like coffee and espresso makers, irons, mixers, blenders, kettles and others.

We are selling around 16 million units globally.

We developed the Trilobite – the world’s first fully automatic vacuum cleaner.

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Vacuum cleaners & Small appliances

Electrolux Group The Business

Page 14: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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We sell more than 4 million units annually.

We have a market leadership position in US and Brazil.

The product category has experienced strong growth over the past 5-6 years.

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Air Conditioners & Dehumidifiers

Electrolux Group The Business

Page 15: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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Among the world leaders in both Food Service and Laundry Systems.

100 million meals are served every day from an Electrolux Professional kitchen.

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Products for Professional use

Electrolux Group The Business

Page 16: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Electrolux Group

Innovation in Electrolux

Open Innovation Model

Open to Your Ideas

Page 17: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Innovation in Electrolux The Strategy

Innovation is key to Electrolux success, who is constantly looking for new opportunities and new strategies to reinforce competitiveness.

Page 18: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Innovation in Electrolux The Values

Page 19: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Innovation in Electrolux The Values

Passion for Innovation Innovation is key to our success. We are constantly looking for new opportunities and new, better ways to go forward. We are not afraid of taking risks. An innovation may be anything new and different that improves the customer experience or otherwise benefits the customer. Accordingly, we encourage innovation and creativity not only in products and services but also in processes, human resources management and business models. The customer remains the focal point of all innovation.

Page 20: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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Innovation in Electrolux 90 Years of Innovations

The Model V putting maids out of work (1921)

The D fridge the end of explosions (1925)

The air fridge refrigerators enter middle-class households (1931)

The L 300 refrigerator modern design enters the picture (1940)

Page 21: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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Innovation in Electrolux 90 Years of Innovations

The Assistant kitchen machine that never went out of style (1940) The W20 washing machine

using lots of water for washing clothes (1951)

The City Box freezer compact living a la 1950’s (1956)

The T 100 the freezer stands up (1957)

Page 22: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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Innovation in Electrolux 90 Years of Innovations

The SP 111 refrigerator precursor to modern Scandinavian refrigerator (1959) The D 10 dishwasher

“the round tin” (1959)

Luxomatic Z 90 new generation of vacuum cleaners (1964)

The CF 69 Pyroletic Oven 20 years before its time (1969)

Page 23: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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Innovation in Electrolux 90 Years of Innovations

The CF 780 stove with a built-in microwave (1975)

Datalux stove held food at constant temperatures (1975)

The air-o-steam Best-in-class professional oven (1977)

ALC washing machines just got smarter (1986)

Page 24: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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Innovation in Electrolux 90 Years of Innovations

Vaporex Forno a vapore per una cottura perfetta (1994)

The Electrolux Screenfridge concept product and a stroke of genius (1999)

Sensidry dryer, Drying out energy costs (1995)

Electrolux Trilobite world’s first automatic vacuum cleaner (2001)

Page 25: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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Innovation in Electrolux 90 Years of Innovations

Ultra Silencer listening to consumers meant making a quieter vac (2003) Ergorapido

Cleaning in color (2004)

Spiral Flame Burner perfectly suited for wok cooking (2005)

Lagoon an innovative alternative to dry cleaning for Professional (2006)

Page 26: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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Innovation in Electrolux 90 Years of Innovations

The Iron Aid Dryer the dryer that relieves consumers of their worst chore (2006)

The Inspiro the oven does the work at the push of a button (2008)

The UltraOne the rethinking vacuum cleaning (2009)

Calima a unique new washing machine with built in drying board (2009)

Page 27: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

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Innovation in Electrolux 90 Years of Innovations

Maxisense flexible induction to placed anywhere (2009)

Velvel Closing Smooth, effortless and soundless doos closing (2010)

E-motion handle A smooth way to open and close oven door (2010)

...

Page 28: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Electrolux Group

Innovation in Electrolux

Open Innovation Model

Open to Your Ideas

Page 29: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Open Innovation Model Why: To Accelerate Innovation

Innovation is a new value - new product or service - for which customer can pay a premium price

We need to Accelerate Innovation

Innovation is New Business, the transformation of the value into money

Page 30: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Open Innovation Model Why: To Accelerate Innovation

We need to find Blue Oceans…

We need to find a Blue Ocean

We want to redesign the rules of the game in our Industry…

Page 31: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Open Innovation is the only way to accelerate innovation.

Open Innovation Model What: Open Innovation Model

Today Knowledge is not anymore locally concentrated, not anymore enclosed within the walls of a company, but diffused and distributed, a global product. In this view, there is a new way for people to interact with eachother and the key of success is the sinergy among people from different functions, companies, sectors.

Open Innovation is a model where new value is created from a new innovation ecosystem, composed by people inside and outside the company.

Page 32: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Open Innovation Model What: Open Innovation Model

Open Innovation is Cross-Fertilization

Innovation is not Invention, Innovation is not IP

We don’t have to control our IP to create Innovation

Open Innovation is

Contamination across different business areas

Technology Transfer across different technology areas

Page 33: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Open Innovation Model How: The Challenges

Electrolux opens new ways to all people who want to build new challenges towards innovation.

Electrolux encourages creativity of all people who have innovative ideas.

Electrolux encourages your Creativity

Page 34: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Open Innovation Model How: The Challenges

Electrolux invites industries, start-ups, research centres, universities to send their proposals about:

technologies or technical solutions to create new functionalities for the use of home & professional appliances product concepts to satisfy consumers components to be integrated into products to improve performances industrial processes to add new value in the manufacturing areas methodologies partners to collaborate new businesses…

Electrolux creates opportunities for your Business Mindset

Page 35: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Electrolux Group

Innovation in Electrolux

Open Innovation Model

Open to Your Ideas

Page 36: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Open to Your Ideas Why: New Partnerships

Electrolux can transform Your Idea into a Project

Electrolux is open to evaluate different types of agreement: Patent acquisition Patent licensing R&D collaboration Brand licensing Component/Product supplier agreement Other business partnerships...

Page 37: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Open to Your Ideas What: New Ideas

Electrolux will evaluate Your Idea with reference to:

Business Opportunity Market Opportunity Strategic Fit Business Model (potential)

Alliance Viability Partner Objectives Capabilities IP Model (potential) Alliance Model (potential)

Consumer Opportunity Project Goal (proposal) Consumer Benefits USP

Page 38: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Open to Your Ideas How: The Rules

Electrolux IP Policy

For each proposal Electrolux requires to share only NON-confidential data: further details can be discussed in a successive step in confidential way.

Electrolux policy is to consider unsolicited ideas only when the idea is subject to an issued patent or registered design, or a published patent or design application, or otherwise is publicly available. We would be pleased to review your idea, provided that it fulfils these criteria.

If your idea is subject to an issued patent, registered design or published patent or design application, please inform of the relevant publication/registration number, and we will obtain copies public data from the relevant patent office. We will contact you after this check, to define together potential next steps.

If you have not filed any application, or you hold an application that will be published at a later stage, we will check with IP Group how to manage properly the discussion.

Page 39: Electrolux Group & Open Innovation€¦ · Electrolux is a global leader in home appliances and appliances for professional use, ... Ovens & Hobs Food Preservation: Refrigerators

Open to Your Ideas How: The Rules

[email protected]

DO NOT SEND ANY CONFIDENTIAL DATA!