"#openspace" and Commerzbank Reveal First Digitalisation Platform for German SMEs

11.01.2017 11:45 am

"#openspace" and Commerzbank Reveal First Digitalisation Platform for German SMEs

IT Innovations

With "#openspace" in Berlin-Schöneberg, Commerzbank has developed the first digitalisation platform for small- and medium-sized enterprises (SMEs). As the first of its kind, "#openspace" is a corporate transformation platform for German SMEs and constitutes a long-term cooperation between SMEs, innovation partners, and start-ups with the objective of successfully tackling the challenges posed by the digital future together. At the same time, "#openspace" is available as a home base for national and international start-ups providing advisory and logistical support.

"Digitalisation dominates the media, sciences, and corporate world like no other topic. But how can companies master the challenges posed by digitalisation? As an answer to this, we have created "#openspace", a networked platform comprising SMEs, innovation partners, and start-ups. Here, the digital transformation is expedited and accompanied in the long term thanks to customised programmes," says Holger Werner, CEO and founder of #openspace.

"With '#openspace' we would like to empower SMEs so that they can fundamentally change their business models in line with new digital standards and help to overcome uncertainty with regards to digitalisation. Priority is given to the principle of 'helping people to help themselves'," says Joachim Köhler, COO and co-founder of "#openspace".

In addition to a six week basic module named "#SenseOfUrgency", "#openspace" offers various advanced programmes to provide a company with long-term support. The "#DigitalLab" module, for example, is geared towards supplementing an existing business model with digital products and processes. By contrast, in the "#DisruptiveLab", an existing business model is fundamentally adapted over three phases.

In addition to the offering for Germany's SME sector, with the "#StartUpFactory" "#openspace" also provides premises and support for international start-ups wishing to establish a foothold on the German and European markets or to expand in the region.

Related News

IAMAI to host world’s largest virtual Global Fintech Fest

Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising... Read more »

FintechOS named the hottest FinTech Startup in Europe

FintechOS, the global provider of technology for the digital transformation of banks, insurance companies and other financial services organisations, is this year’s hottest... Read more »

Boomi & Vanson Bourne report finds digital transformation initiatives boost revenue and cut costs, yet 51% of organizations need to move, even faster

Boomi™, a Dell Technologies™ business, today announced a ... Read more »

NSD and TDCC sign a Memorandum of Understanding

On June 4, 2020, the National Settlement Depository (NSD) and the Taiwan Depository and Clearing Corporation (TDCC) signed a Memorandum of... Read more »

Saxo Bank announces white label partnerships with five Danish banks

Saxo Bank and five Danish SDC member banks (Sparekassen Vendsyssel, Sparekassen Thy, Middelfart Sparekasse, Frøs Sparekasse and Jutlander Bank... Read more »

Business finance is yet to shift to reflect widespread remote working, research reveals

The global sweep of COVID-19 has meant a fundamental shift for businesses; travel restrictions and mandated social distancing have meant, in a short space of time, huge swathes... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel