Innovation is at the core of IBM's strategy. The company develops and sells software and systems hardware and a broad range of infrastructure, cloud and consulting services.
Today, IBM is focused on five growth initiatives - Cloud, Big Data and Analytics, Mobile, Social Business and Security. IBMers are working with customers around the world to apply the company's business consulting, technology and R&D expertise to enable systems of engagement that deliver insights for businesses and governments worldwide.
IBM has already more than 30 years experience around circular economy. Starting in the mid 1980s with launching a Global Asset Recovery Unit (GARS), every week more than 30000 IT assets are processed. Over 99% of all IT equipment and IT product "waste" returned to IBM at the end of product lifecycle was either reused or recycled. This starts already in the design process of new equipment, to make them upgradeable and re-usable.
In addition Clients of all sizes — including a majority of the Fortune Global 100 — have trusted IBM to cost-effectively acquire, maintain and transition their technology for more than 30 years.
IBM started recently a competence center around circular economy, working closely with GARS to advise clients. It advises companies on the value driven transformation journey to circularity and has created "the reuse channel" optimizer, that assists companies in maximizing value out of their reuse process.
IBM is aspiring to be a thought leader in supporting firms and cities transition to a circular economy model.
This is by leveraging the learnings from the IBM business model transformation from products to services, our advanced analytics capabilities and our GARS 30 years reuse experience.
The assessment starts with understanding the value chain and defining accordingly the needed capabilities to a CE model transition.
The various data sets stemming from business systems, market demand, legal aspects, product design and finance are all important to represent digitally the reuse ecosystem in order to optimize the reuse decisions.
That will allow firms to have informed insights on optimal reuse across the product layers (product, parts, materials).