Audi : Denkwerkstatt Distinguished as Top Innovation Unit

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Audi Denkwerkstatt Distinguished as Top Innovation Unit

• Best in class in "Konzerne auf den Spuren von Startups 2019" study (companies on the trail of startups 2019) conducted by Capital and Infront
• Denkwerkstatt uses startup methods to develop new business models

Ingolstadt/Berlin, June 19, 2019 - Denkwerkstatt comes first in the "Innovation Discovery" category and second in the "Innovation Development" category: Audi Denkwerkstatt from Berlin receives two awards in this year's study on the digital innovation units of companies.

Audi Denkwerkstatt started in September 2016 in Berlin. 23 Audi employees on permanent or temporary assignments currently work there in a co-working space. The aim of the groups, which change every six months, is to develop innovative business models that extend beyond the car. Working in small cross-functional teams, the participants are able to implement a business model that has already been tested on the market and thus validated within the space of five months by means of customer-focused development, independent working methods and cooperation with startups.

The study entitled "Konzerne auf den Spuren von Startups 2019" (companies on the trail of startups 2019), conducted by strategy and management consulting firm Infront Consulting & Management and business magazine Capital, has now verified that this is a successful approach. The Audi Denkwerkstatt competed in two of the three categories and won in the "Innovation Discovery" category, which rated the generation of ideas and their development into concepts. The Berlin-based innovation unit also came second in the "Innovation Development" category. In this category, the jury assessed the further development of the concepts into market-ready products and services.

Matthias Brendel, head of the Audi Denkwerkstatt, is happy: "This is a great success for the program we developed and the hard work we put in over the last few years." He is particularly proud of the success rate of their business models. "With our participants from all parts of the company, we manage time and again to quickly turn ideas into business models that will add to or expand Audi's vehicle portfolio in the future and support the company on its path to becoming a digital mobility company."

The main focus of the Denkwerkstatt is urban issues that relate to mobility. For example, it develops products and services for electric mobility in the city as well as offers to create added value of customers commuting times. The teams work on projects such as creating offers for a flexible and inexpensive charging infrastructure-as demonstrated by the ParkE project. The charging terminal on wheels is a compact and mobile battery storage device. It electrifies parking lots without any great effort, thereby providing electric cars with energy.

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In addition to co-working and using agile methods, the co-living concept, which received very positive ratings by the jury, is a further special secret to the success of the Denkwerkstatt. The 15 temporary participants live together in groups of three for the time of their assignment. This setup is unique in the digital innovation units scene, but, according to Matthias Brendel, it promotes creativity, team spirit and therefore also the success of the innovations.

The "Konzerne auf den Spuren von Startups 2019" study was performed for the third time in the first half of 2019. The evaluation compares digital innovation units of established German companies throughout the three phases of the innovation process (innovation discovery, development and scaling). Just under 50 companies took part in the study.

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The Audi Group, with its brands Audi, Ducati and Lamborghini, is one of the most successful manufacturers of automobiles and motorcycles in the premium segment. It is present in more than 100 markets worldwide and produces at 18 locations in 13 countries. 100 percent subsidiaries of AUDI AG include Audi Sport GmbH (Neckarsulm), Automobili Lamborghini S.p.A. (Sant'Agata Bolognese, Italy) and Ducati Motor Holding S.p.A. (Bologna, Italy).

In 2018, the Audi Group delivered to customers about 1.812 million automobiles of the Audi brand, 5,750 sports cars of the Lamborghini brand and 53,004 motorcycles of the Ducati brand. In the 2018 fiscal year, AUDI AG achieved total revenue of €59.2 billion and an operating profit before special items of €4.7 billion. At present, approximately 90,000 people work for the company all over the world, more than 60,000 of them in Germany. Audi focuses on sustainable products and technologies for the future of mobility.

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