Development of a digital marketplace at Covestro

chemical sector

Covestro

Through the development and worldwide introduction of an innovative digital sales platform, polymer manufacturer Covestro is able to place existing capacities in the market in the best possible way. Shortly after the launch of the new sales channel, Covestro already recorded multi-digit million sales. By the end of 2019, Covestro is targeting sales of 1 billion euros through the platform.

Impact in numbers

45 customers switched to digital platform with very positive feedback (Status: April 2018)

3-digit million sales via digital platform directly after launch with a sales target of EUR 1 billion by the end of 2019

2 months for successful proof of concept through launch of MVP portal & qualitative validation

etventure and its unconventional nature were recommended to us, and this recommendation definitely paid off for us.We are now implementing innovation quickly and effectively.

Hermann Bach, SVP, Head of Innovation Management & Commercial Services

Customer

Covestro AG is the world’s leading polymer materials manufacturer with approx. 30 locations in Europe, Asia and America. The DAX company has an annual turnover of € 14.6 billion (2018).

Benefits for Covestro and its customers

coverstro Plattform
  • The digital platform enables Covestro to ideally meet its customers’ needs for the best possible prices and flexible payment methods.
  • By connecting further providers to the online sales platform, Covestro offers a comprehensive range of products and creates a “digital marketplace” for the chemical industry in the medium term.
  • Today, flexible sales modes can be used to create tailor-made offers and to automate price negotiations.

Discover your digitalization potential!

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Taro Hildebrand

Senior Project Manager