The case guides students to resolve a number of questions when embracing a new technology, with a focus on Blockchain, a radical new technology that has attracted a lot of hype although the adoption rate remains low among firms. Consequently, there are few successful business applications and many challenges, uncertainties and risks to be overcome. The case emphasizes two aspects of Blockchain. How to adapt a business's involvement with the technology to (i) the pattern of its development over time, (ii) to the geographic concentration of investment and development, certain locations being at the hub of development. As a framework for these issues, the case considers a start-up entrepreneur based in Paris as a means to help students/executives consider their own context. Paris is not at the forefront of Blockchain development, but neither is it on the periphery - which should inform their views of whether and how to embrace the technology. The case prompts participants to think about non-crypto-currency-related applications, and how far their options re influenced by the uncertain path of technology development and their own location in the broader global and local network. The issues addressed in the case also apply more generally to executives in large firms considering investment in emerging technologies such as Blockchain.
nam.R, a data-driven start-up based in Paris, embarked on an ambitious plan to contribute to address global warming using open data. From its launch in 2017, using open-data sources augmented by sophisticated data analytics, nam.R has constructed a "digital twin" of every single building in France by early 2020. It requires vast quantities of data to be extracted, aggregated, cleaned and reorganized in diverse formats from different providers. This unique asset potentially has wide-ranging applications, including the identification of energy-saving opportunities. The next challenge for nam.R is to sell the data to companies and public authorities, staying true to its sustainability and energy-efficiency goals.
Scortex, a young start-up based in Paris, has developed an applied artificial intelligent (AI) solution for an industrial setting, combining hardware and machine learning. Its CEO is wondering how best to deploy the €1.8 million C-round financing it has raised. While the market is potentially huge, he is aware that IBM - with which he has collaborated in the past - has just launched a direct competitive offering.
PopChef is a start-up foodtech business in the lunchtime food delivery market in Paris. The case centres on the period from launch in 2015 to 2017. PopChef is the first to enter the market with a new business model in France. As other well-funded domestic and international entrants arrive, the market becomes highly competitive market. PopChef aims to counter this by shifting from a technology-based company to a virtual food company. Will this be enough to ensure its survival?
When a Greenpeace campaign to boycott PVC products seemed to spell disaster for Hydro Polymers, it embraced the challenge and embarked on a drive for sustainability using The Natural Step framework. The strategy was maintained after Hydro was acquired by INEOS, and ultimately led to significant changes throughout Europe's PVC industry. The case shows how positioning sustainability as a business opportunity rather than a threat can yield substantial commercial success while addressing environmental impacts. Please visit the dedicated case website http://cases.insead.edu/ineos to access supplementary material.
Supplement to case IN1253. When a Greenpeace campaign to boycott PVC products seemed to spell disaster for Hydro Polymers, it embraced the challenge and embarked on a drive for sustainability using The Natural Step framework. The strategy was maintained after Hydro was acquired by INEOS, and ultimately led to significant changes throughout Europe's PVC industry. The case shows how positioning sustainability as a business opportunity rather than a threat can yield substantial commercial success while addressing environmental impacts. Please visit the dedicated case website http://cases.insead.edu/ineos to access supplementary material.