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ThyssenKrupp

Innovation in the Metallurgical Industry with incredible results

Thyssenkrupp is an international industrial and technology company that employs around 98.000 people.
Its activities are organized into five segments: Automotive Technology, Decarbon Technologies, Materials Services, Steel Europe and Marine Systems.

In South America, the company's activities date back to 1837, currently employing more than 4.000 employees in the region in the automotive, naval defense and decarbonization technologies segments.

“Since we started the partnership with AEVO using the Ideas Center to leverage the program, we have almost quadrupled the volume of ideas in the company.”
Guilherme Ciuffi | Group Leader Innovation Management

ThyssenKrupp

Results

+1700

ideas submitted in 2023

68%

engagement in the Ideas Program

R$300 thousand

in financial return on innovation projects

533

employees awarded in 2023

Ideas Program

The company already had an ideas program 25 years ago, but before AEVO, management was not centralized and the program did not have satisfactory results.

Challenges

Engagement and communication was one of the organization's main challenges, in addition, the company had difficulty generating value with innovation.

aevo

Guilherme Ciuffi, Innovation Management Leader says that before proceeding with AEVO, They evaluated 15 companies, but AEVO stood out in several aspects.

Highlights

A transparency, Artificial Intelligence, communication, gamification, usability and success stories, were key elements for Thyssenkrupp to choose AEVO.

Results

The Ideas Program reached more than 1700 ideas, 68% engagement and an ROI of R$300 thousand in 2023, and was fully managed by the AEVO platform.

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Source: 2023 Valor Innovation Award

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