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The Faste Laboratory A VINNOVA Excellence Centre for Functional Product Innovation The Faste Laboratory is a VINNOVA Excellence Centre focusing Functional Product Innovation Functional Product Innovation Idea Functional Product Innovation will be the main contribution to sustainable growth in that the function provider will have the responsibility of the physical artefact throughout the life-cycle and by innovations also have the capacity to continuously improve the customer value. Functional Product Development Objectives To examine how physical artefacts and services may be designed and developed to become an element in a total offer, as well as enhance integrated product development to extend towards functional product development. The Faste Laboratory will therefore become a leading resource for sustainable growth lifecycle. Computer Science Materials Organisation Manufacturing Production Human Work Science Extended Enterpris e New methods and tools are developed enabling functional products with optimized lifecycle cost and customer value and enabling the industry partners to take lead in functional product businesses. cle Commitment Life-Cy Total Vision Distributed Collaborative Engineering Innovative Capability Simulation Driven Design Business Strategy The focus on Functional Product Innovation, building on the strong and innovative research in Functional Product Development, Simulation Driven Design and Distributed Collaborative Engineering, creating the capability to identify, model and simulate offer components in the early phases of the development process, and to support a closer collaboration between value-chain partners. Results For some industrial partners, participation within the Faste Laboratory has led to actions towards a change in business direction. These companies move from a hardware-oriented situation towards a more service oriented situation with new business models strongly related to functional product provision. Results from the Faste Laboratory are today related to internal processes of change. Several partners have also adopted results related to analysis of monitored data in order to optimize the operation of the Functional Product. The participation has further provided an easy transition of employees from academia to industry which, besides the workforce itself, gives a knowledge transfer without any intermediaries. The results have also been used for business decisions, for instance, to manage risk and availability issues. Market Needs Contact Magnus Karlberg Centre Director and Member of Executive Committee CELL: +46(0)70-589 24 18 TEL: +46(0)920-49 24 18 E-MAIL: [email protected] Web pages www.ltu.se//faste The Faste Laboratory partners AB Sandvik Coromant, Gestamp HardTech AB, Hägglunds Drives AB, Infrafone AB, LKAB, Luleå University of Technology, Volvo Car Corporation AB, Volvo Construction Equipment AB