CES 2019: Outside-In Innovation Through An Open Ecosystem

From business challenge to preferred solution

Matching your business growth with the right startup is not an easy process. When an internal business challenge needs outside support, there are many different, and often cumbersome, steps to finding the company who will provide the best solution. In 2016, Bosch was facing this challenge and worked with the Chicago Connectory to find a startup that would fit their requirements. The team at the Chicago Connectory reached out to their new ecosystem and began scouting for a startup that would fit the profile. After a successful pitch from Catalytic, the collaboration began and through the Connectory network engagement with further business units occurred. In 2018 the startup received the 2018 Bosch Supplier Innovation Award and is now a preferred solution for process automation within Bosch.

The Chicago Connectory invites startups, corporates, civic partners, universities, venture capitalists and entrepreneurs to join its growing IoT ecosystem. The aim of the co-creation space is to not only to provide a physical place where IoT startups can thrive and build a successful business, but to manage a growing network and create mutually beneficial connections between network partners. As in this case, Bosch an active partner and co-founder, took advantage of the ecosystem to easily and successfully find a startup that met their needs.

Visit us at our booth to learn more about Catalytic, the Chicago Connectory, our outside-in innovation approach as well as how you can benefit from working with us.

Booth: Central Hall, Booth #14028 – Bosch booth partner section
Time and date: January 8-11, 2019 – during official show floor hours

Watch the summary of the outside-in innovation scouting here:

The activities of the Chicago Connectory are focused on three main areas:

1. Educating about IoT

Building and providing a publicly-accessible, immersive IoT experience to educate about IoT and inspire future solutions.

2. Supporting Startups

Growing a vibrant ecosystem and resource for startups and growth-based companies to support them realize their ideas.

3. Connecting Partners

Connecting corporate partners with a greater network of IoT innovators.

About the Chicago Connectory

The Chicago Connectory opened its doors to the world of the Internet of Things (IoT) in May 2017. It is a co-creation space and IoT incubator boasting cutting-edge technology and networking opportunities with IoT experts. With more than 20,000 square feet the Chicago Connectory is more than a co-working space: It offers partners a co-creation model that fosters collaboration, networking, problem solving, and a new way of doing work in the age of connectivity. The space is the result of a partnership between Bosch and 1871. Together, 1871 and Bosch are empowering an ecosystem in Chicagoland and the greater Midwest to drive the future of IoT and build a connected world together.

About Catalytic

Catalytic is a pioneer in Intelligent Automation (IA) – the convergence of AI and related technologies (such as Machine Learning & Computer Vision) with Robotic Process Automation (RPA) – software to remove repetitive, replicable and routine tasks otherwise performed by employees. Organizations that capitalize on this advance in automation can achieve unprecedented levels of efficiency and quality across their business processes.

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