SlideShare a Scribd company logo
1 of 8
Download to read offline
March 2016
A new frontier for technology
Using nimble innovation to drive
profitable business growth
2Copyright © 2016 Accenture All rights reserved.
Nimble innovation—a golden opportunity
CIOs are struggling to deliver timely, incremental value at a
reasonable cost
*Source: Accenture Technology Vision 2013 and 2015
CIOs lack the budget, people or time to take
the business in a new direction.
An innovation mind-set shift needs to take
place focused on three factors:
Take time-bound, incremental steps
to meet business objectives
Establish a culture and ecosystem
for innovation
Extend the funding beyond
traditional IT boundaries
of executives said they
expect the IT organization
to be the main generator
of innovation*
of executives said they
expect the IT organization
to be the main generator
of innovation *
71%
34%
2015
2013
3Copyright © 2016 Accenture All rights reserved.
Take time-bound, incremental steps to meet
business objectives
Demand for innovation to be quicker, more incremental and focused on
specific outcomes
Nimble innovation helps
organizations:
• Tie innovation to clear business
outcomes
• Measure progress and improve
returns
• Learn through failure using a new,
rapid-test, fail-fast process
*Source: Accenture Strategy Research on the Intersection of Business and Technology, 2015
of business and technology
leaders said they believe that
IT-led innovation is critical to
their company’s growth and
survival*
of executives consider their
organizations to be early
adopters when it comes to
technology-driven innovation*
90%
57%
4Copyright © 2016 Accenture All rights reserved.
Establish a culture and ecosystem for innovation
Nimble innovation helps organizations take advantage of the
on-demand economy
Organizations that embrace nimble
innovation can:
• Collaborate using open innovation
ecosystems beyond the traditional
technology organization
• Partner with higher education
institutions to innovate on specific
business problems
• Incorporate startups and other
fintech companies to innovate with
prototypes and proof of concepts
*Source: Accenture Technology Vision 2015
of surveyed companies
are taking part in open
innovation initiatives*
of surveyed companies
plan to engage new digital
partners within their
respective industries over
the next two years*
77%
60%
Note 1: Internal open innovation functions within enterprises
5Copyright © 2016 Accenture All rights reserved.
Extend the funding beyond traditional IT boundaries
Nimble innovation pools funding beyond IT
Nimble innovation means:
• Accessing discretionary funds
within the business
• Embracing initiatives spawned
within the business
• Taking advantage of low-cost
emerging markets
*Source: Accenture Strategy Research on the Intersection of Business and Technology, 2015.
of senior executives said
that IT works jointly with
other areas of the
organization on innovation*
of senior executives said at
least half of all innovation
is being predominantly
sourced via the business
rather than IT*
64%
58%
6Copyright © 2016 Accenture All rights reserved.
Nimble innovation frontiers
An opportunity for sustainable, profitable business growth
Three steps technology leaders can take to establish a new frontier
of innovation:
Adopt a
nimble innovation
mind-set focused on
targeted outcomes
Adapt the IT and
business operating
model to be open to
external ecosystems
Take a holistic
approach to funding
sources
1 2
3
7Copyright © 2016 Accenture All rights reserved.
Learn more at
www.accenture.com/nimbleinnovation
Contact us to discuss how to drive nimble innovation
technology.strategy@accenture.com
Find out more:
Join the conversation
@AccentureStrat
About Accenture
Accenture is a leading global professional
services company, providing a broad range of
services and solutions in strategy, consulting,
digital, technology and operations. Combining
unmatched experience and specialized skills
across more than 40 industries and all
business functions—underpinned by the
world’s largest delivery network—Accenture
works at the intersection of business and
technology to help clients improve their
performance and create sustainable value for
their stakeholders. With more than 358,000
people serving clients in more than 120
countries, Accenture drives innovation to
improve the way the world works and lives.
Visit us at www.accenture.com
About Accenture Strategy
Accenture Strategy operates at the
intersection of business and technology. We
bring together our capabilities in business,
technology, operations and function strategy
to help our clients envision and execute
industry-specific strategies that support
enterprise wide transformation. Our focus on
issues related to digital disruption,
competitiveness, global operating models,
talent and leadership help drive both
efficiencies and growth.
For more information, follow
@AccentureStrat or visit
www.accenture.com/strategy
8Copyright © 2016 Accenture All rights reserved.

More Related Content

What's hot

Intelligent Automation - 3 Lessons Learned
Intelligent Automation - 3 Lessons LearnedIntelligent Automation - 3 Lessons Learned
Intelligent Automation - 3 Lessons LearnedAccenture Technology
 
The Promise of Artificial Intelligence: Redefining management in the workforc...
The Promise of Artificial Intelligence: Redefining management in the workforc...The Promise of Artificial Intelligence: Redefining management in the workforc...
The Promise of Artificial Intelligence: Redefining management in the workforc...accenture
 
Accenture Technology Vision for Banking
Accenture Technology Vision for BankingAccenture Technology Vision for Banking
Accenture Technology Vision for Bankingaccenture
 
Digital Shoring for Networked Innovation
Digital Shoring for Networked InnovationDigital Shoring for Networked Innovation
Digital Shoring for Networked Innovationaccenture
 
Being digital: Breaking through the digital ceiling
Being digital: Breaking through the digital ceilingBeing digital: Breaking through the digital ceiling
Being digital: Breaking through the digital ceilingaccenture
 
People & Technology: Vision for Life Sciences 2016
People & Technology: Vision for Life Sciences 2016People & Technology: Vision for Life Sciences 2016
People & Technology: Vision for Life Sciences 2016accenture
 
Leading the Digital Enterprise
Leading the Digital EnterpriseLeading the Digital Enterprise
Leading the Digital Enterpriseaccenture
 
Technology Vision 2016 – Overview
Technology Vision 2016 – OverviewTechnology Vision 2016 – Overview
Technology Vision 2016 – Overviewaccenture
 
The Big Data Revolution: The Next Generation of Finance
The Big Data Revolution: The Next Generation of Finance The Big Data Revolution: The Next Generation of Finance
The Big Data Revolution: The Next Generation of Finance accenture
 
Is Performance Management Performing?
Is Performance Management Performing?Is Performance Management Performing?
Is Performance Management Performing?accenture
 
Accenture and SAP Business Solutions Group
Accenture and SAP Business Solutions GroupAccenture and SAP Business Solutions Group
Accenture and SAP Business Solutions GroupAccenture Technology
 
Accenture High Performance Security Report 2016 for Insurance
Accenture High Performance Security Report 2016 for InsuranceAccenture High Performance Security Report 2016 for Insurance
Accenture High Performance Security Report 2016 for InsuranceAccenture Insurance
 
The Future of Applications: Three Strategies for the High-velocity, Software-...
The Future of Applications: Three Strategies for the High-velocity, Software-...The Future of Applications: Three Strategies for the High-velocity, Software-...
The Future of Applications: Three Strategies for the High-velocity, Software-...Accenture Technology
 
Staking a claim in the Platform Economy with SAP
Staking a claim in the Platform Economy with SAPStaking a claim in the Platform Economy with SAP
Staking a claim in the Platform Economy with SAPAccenture Technology
 
Push to Pull: From Supply Chains to Patient-Centric Value Networks
Push to Pull: From Supply Chains  to Patient-Centric Value NetworksPush to Pull: From Supply Chains  to Patient-Centric Value Networks
Push to Pull: From Supply Chains to Patient-Centric Value Networksaccenture
 
Memo to the C-suite: You are not the main driver of change
Memo to the C-suite: You are not the main driver of changeMemo to the C-suite: You are not the main driver of change
Memo to the C-suite: You are not the main driver of changeaccenture
 
Smart Spending is not Just About The Numbers
Smart Spending is not Just About The NumbersSmart Spending is not Just About The Numbers
Smart Spending is not Just About The Numbersaccenture
 
Accenture Regulatory Compliance Platform
Accenture Regulatory Compliance PlatformAccenture Regulatory Compliance Platform
Accenture Regulatory Compliance Platformaccenture
 
Navigating the Crude Cycle: 10 Strategic Actions for National Oil Companies
Navigating the Crude Cycle: 10 Strategic Actions for National Oil CompaniesNavigating the Crude Cycle: 10 Strategic Actions for National Oil Companies
Navigating the Crude Cycle: 10 Strategic Actions for National Oil Companiesaccenture
 

What's hot (20)

Change Management
Change ManagementChange Management
Change Management
 
Intelligent Automation - 3 Lessons Learned
Intelligent Automation - 3 Lessons LearnedIntelligent Automation - 3 Lessons Learned
Intelligent Automation - 3 Lessons Learned
 
The Promise of Artificial Intelligence: Redefining management in the workforc...
The Promise of Artificial Intelligence: Redefining management in the workforc...The Promise of Artificial Intelligence: Redefining management in the workforc...
The Promise of Artificial Intelligence: Redefining management in the workforc...
 
Accenture Technology Vision for Banking
Accenture Technology Vision for BankingAccenture Technology Vision for Banking
Accenture Technology Vision for Banking
 
Digital Shoring for Networked Innovation
Digital Shoring for Networked InnovationDigital Shoring for Networked Innovation
Digital Shoring for Networked Innovation
 
Being digital: Breaking through the digital ceiling
Being digital: Breaking through the digital ceilingBeing digital: Breaking through the digital ceiling
Being digital: Breaking through the digital ceiling
 
People & Technology: Vision for Life Sciences 2016
People & Technology: Vision for Life Sciences 2016People & Technology: Vision for Life Sciences 2016
People & Technology: Vision for Life Sciences 2016
 
Leading the Digital Enterprise
Leading the Digital EnterpriseLeading the Digital Enterprise
Leading the Digital Enterprise
 
Technology Vision 2016 – Overview
Technology Vision 2016 – OverviewTechnology Vision 2016 – Overview
Technology Vision 2016 – Overview
 
The Big Data Revolution: The Next Generation of Finance
The Big Data Revolution: The Next Generation of Finance The Big Data Revolution: The Next Generation of Finance
The Big Data Revolution: The Next Generation of Finance
 
Is Performance Management Performing?
Is Performance Management Performing?Is Performance Management Performing?
Is Performance Management Performing?
 
Accenture and SAP Business Solutions Group
Accenture and SAP Business Solutions GroupAccenture and SAP Business Solutions Group
Accenture and SAP Business Solutions Group
 
Accenture High Performance Security Report 2016 for Insurance
Accenture High Performance Security Report 2016 for InsuranceAccenture High Performance Security Report 2016 for Insurance
Accenture High Performance Security Report 2016 for Insurance
 
The Future of Applications: Three Strategies for the High-velocity, Software-...
The Future of Applications: Three Strategies for the High-velocity, Software-...The Future of Applications: Three Strategies for the High-velocity, Software-...
The Future of Applications: Three Strategies for the High-velocity, Software-...
 
Staking a claim in the Platform Economy with SAP
Staking a claim in the Platform Economy with SAPStaking a claim in the Platform Economy with SAP
Staking a claim in the Platform Economy with SAP
 
Push to Pull: From Supply Chains to Patient-Centric Value Networks
Push to Pull: From Supply Chains  to Patient-Centric Value NetworksPush to Pull: From Supply Chains  to Patient-Centric Value Networks
Push to Pull: From Supply Chains to Patient-Centric Value Networks
 
Memo to the C-suite: You are not the main driver of change
Memo to the C-suite: You are not the main driver of changeMemo to the C-suite: You are not the main driver of change
Memo to the C-suite: You are not the main driver of change
 
Smart Spending is not Just About The Numbers
Smart Spending is not Just About The NumbersSmart Spending is not Just About The Numbers
Smart Spending is not Just About The Numbers
 
Accenture Regulatory Compliance Platform
Accenture Regulatory Compliance PlatformAccenture Regulatory Compliance Platform
Accenture Regulatory Compliance Platform
 
Navigating the Crude Cycle: 10 Strategic Actions for National Oil Companies
Navigating the Crude Cycle: 10 Strategic Actions for National Oil CompaniesNavigating the Crude Cycle: 10 Strategic Actions for National Oil Companies
Navigating the Crude Cycle: 10 Strategic Actions for National Oil Companies
 

Similar to A new frontier for technology: Nimble innovation for growth

Driving Business Innovation through Technology Innovation
Driving Business Innovation through Technology InnovationDriving Business Innovation through Technology Innovation
Driving Business Innovation through Technology Innovationaccenture
 
Being digital: Fast-forward to the right digital strategy
Being digital: Fast-forward to the right digital strategyBeing digital: Fast-forward to the right digital strategy
Being digital: Fast-forward to the right digital strategyaccenture
 
Thriving on Disruption: How Utilities Can Become Fearless in the Face of Deva...
Thriving on Disruption: How Utilities Can Become Fearless in the Face of Deva...Thriving on Disruption: How Utilities Can Become Fearless in the Face of Deva...
Thriving on Disruption: How Utilities Can Become Fearless in the Face of Deva...accenture
 
Communication & Technology Companies - Ecosystem vs. Ecosystem
Communication & Technology Companies - Ecosystem vs. EcosystemCommunication & Technology Companies - Ecosystem vs. Ecosystem
Communication & Technology Companies - Ecosystem vs. Ecosystemaccenture
 
Ecosystem Collaboration - New Engines for Growth and Competitiveness in the D...
Ecosystem Collaboration - New Engines for Growth and Competitiveness in the D...Ecosystem Collaboration - New Engines for Growth and Competitiveness in the D...
Ecosystem Collaboration - New Engines for Growth and Competitiveness in the D...accenture
 
Being digital: Embracing the future of work
Being digital: Embracing the future of workBeing digital: Embracing the future of work
Being digital: Embracing the future of workaccenture
 
Leading In The Spotlight 2016 Accenture Strategy C-Suite Survey
Leading In The Spotlight 2016 Accenture Strategy C-Suite SurveyLeading In The Spotlight 2016 Accenture Strategy C-Suite Survey
Leading In The Spotlight 2016 Accenture Strategy C-Suite Surveyaccenture
 
innogy Consulting's Innovation Strategy for Utilities
innogy Consulting's Innovation Strategy for Utilitiesinnogy Consulting's Innovation Strategy for Utilities
innogy Consulting's Innovation Strategy for Utilitiesinnogy Consulting
 
Induct sales pitch
Induct   sales pitchInduct   sales pitch
Induct sales pitchVarad Krish
 
Digital Disruption: Embracing the Future of Work
Digital Disruption: Embracing the Future of Work Digital Disruption: Embracing the Future of Work
Digital Disruption: Embracing the Future of Work accenture
 
IET-KPMG-INNOMANTRA -Reinventing Innovation Design Thinking Way for Growth
IET-KPMG-INNOMANTRA -Reinventing Innovation Design Thinking Way for GrowthIET-KPMG-INNOMANTRA -Reinventing Innovation Design Thinking Way for Growth
IET-KPMG-INNOMANTRA -Reinventing Innovation Design Thinking Way for GrowthInnomantra
 
Modern Change Management
Modern Change Management Modern Change Management
Modern Change Management accenture
 
Positioning Digital Innovation Within the Enterprise
Positioning Digital Innovation Within the EnterprisePositioning Digital Innovation Within the Enterprise
Positioning Digital Innovation Within the EnterpriseScottMadden, Inc.
 
How start-ups can accelerate sustainable and inclusive growth.
How start-ups can accelerate sustainable and inclusive growth.How start-ups can accelerate sustainable and inclusive growth.
How start-ups can accelerate sustainable and inclusive growth.Cuneiform Consulting Pvt Ltd.
 
Research project presentation for Managing Global Sourcing
Research project presentation for Managing Global SourcingResearch project presentation for Managing Global Sourcing
Research project presentation for Managing Global Sourcingnipunhanda
 
CWIN 17 Madrid / Nuno Duarte Oliveira - i naa-s
CWIN 17 Madrid / Nuno Duarte Oliveira - i naa-sCWIN 17 Madrid / Nuno Duarte Oliveira - i naa-s
CWIN 17 Madrid / Nuno Duarte Oliveira - i naa-sCapgemini
 
100 day plan - Technology Vision Australian Perspective
100 day plan - Technology Vision Australian Perspective100 day plan - Technology Vision Australian Perspective
100 day plan - Technology Vision Australian Perspectiveaccenture
 
Gaining Insight through Predictive Analytics
Gaining Insight through Predictive AnalyticsGaining Insight through Predictive Analytics
Gaining Insight through Predictive AnalyticsScottMadden, Inc.
 

Similar to A new frontier for technology: Nimble innovation for growth (20)

Driving Business Innovation through Technology Innovation
Driving Business Innovation through Technology InnovationDriving Business Innovation through Technology Innovation
Driving Business Innovation through Technology Innovation
 
Being digital: Fast-forward to the right digital strategy
Being digital: Fast-forward to the right digital strategyBeing digital: Fast-forward to the right digital strategy
Being digital: Fast-forward to the right digital strategy
 
Thriving on Disruption: How Utilities Can Become Fearless in the Face of Deva...
Thriving on Disruption: How Utilities Can Become Fearless in the Face of Deva...Thriving on Disruption: How Utilities Can Become Fearless in the Face of Deva...
Thriving on Disruption: How Utilities Can Become Fearless in the Face of Deva...
 
Communication & Technology Companies - Ecosystem vs. Ecosystem
Communication & Technology Companies - Ecosystem vs. EcosystemCommunication & Technology Companies - Ecosystem vs. Ecosystem
Communication & Technology Companies - Ecosystem vs. Ecosystem
 
Ecosystem Collaboration - New Engines for Growth and Competitiveness in the D...
Ecosystem Collaboration - New Engines for Growth and Competitiveness in the D...Ecosystem Collaboration - New Engines for Growth and Competitiveness in the D...
Ecosystem Collaboration - New Engines for Growth and Competitiveness in the D...
 
Being digital: Embracing the future of work
Being digital: Embracing the future of workBeing digital: Embracing the future of work
Being digital: Embracing the future of work
 
Leading In The Spotlight 2016 Accenture Strategy C-Suite Survey
Leading In The Spotlight 2016 Accenture Strategy C-Suite SurveyLeading In The Spotlight 2016 Accenture Strategy C-Suite Survey
Leading In The Spotlight 2016 Accenture Strategy C-Suite Survey
 
innogy Consulting's Innovation Strategy for Utilities
innogy Consulting's Innovation Strategy for Utilitiesinnogy Consulting's Innovation Strategy for Utilities
innogy Consulting's Innovation Strategy for Utilities
 
Induct sales pitch
Induct   sales pitchInduct   sales pitch
Induct sales pitch
 
Digital Disruption: Embracing the Future of Work
Digital Disruption: Embracing the Future of Work Digital Disruption: Embracing the Future of Work
Digital Disruption: Embracing the Future of Work
 
IET-KPMG-INNOMANTRA -Reinventing Innovation Design Thinking Way for Growth
IET-KPMG-INNOMANTRA -Reinventing Innovation Design Thinking Way for GrowthIET-KPMG-INNOMANTRA -Reinventing Innovation Design Thinking Way for Growth
IET-KPMG-INNOMANTRA -Reinventing Innovation Design Thinking Way for Growth
 
Modern Change Management
Modern Change Management Modern Change Management
Modern Change Management
 
Open innovation VF
Open innovation VFOpen innovation VF
Open innovation VF
 
Positioning Digital Innovation Within the Enterprise
Positioning Digital Innovation Within the EnterprisePositioning Digital Innovation Within the Enterprise
Positioning Digital Innovation Within the Enterprise
 
How start-ups can accelerate sustainable and inclusive growth.
How start-ups can accelerate sustainable and inclusive growth.How start-ups can accelerate sustainable and inclusive growth.
How start-ups can accelerate sustainable and inclusive growth.
 
Research project presentation for Managing Global Sourcing
Research project presentation for Managing Global SourcingResearch project presentation for Managing Global Sourcing
Research project presentation for Managing Global Sourcing
 
HWZ-Darden Konferenz: Leadership in the new
HWZ-Darden Konferenz: Leadership in the newHWZ-Darden Konferenz: Leadership in the new
HWZ-Darden Konferenz: Leadership in the new
 
CWIN 17 Madrid / Nuno Duarte Oliveira - i naa-s
CWIN 17 Madrid / Nuno Duarte Oliveira - i naa-sCWIN 17 Madrid / Nuno Duarte Oliveira - i naa-s
CWIN 17 Madrid / Nuno Duarte Oliveira - i naa-s
 
100 day plan - Technology Vision Australian Perspective
100 day plan - Technology Vision Australian Perspective100 day plan - Technology Vision Australian Perspective
100 day plan - Technology Vision Australian Perspective
 
Gaining Insight through Predictive Analytics
Gaining Insight through Predictive AnalyticsGaining Insight through Predictive Analytics
Gaining Insight through Predictive Analytics
 

More from accenture

The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024accenture
 
The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023accenture
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education accenture
 
The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023accenture
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education accenture
 
Engineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibileEngineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibileaccenture
 
Digital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial SystemDigital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial Systemaccenture
 
More deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journeyMore deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journeyaccenture
 
The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023accenture
 
Reinventing Enterprise Operations
Reinventing Enterprise OperationsReinventing Enterprise Operations
Reinventing Enterprise Operationsaccenture
 
Semiconductor Gender Parity Study
Semiconductor Gender Parity StudySemiconductor Gender Parity Study
Semiconductor Gender Parity Studyaccenture
 
The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023accenture
 
Nonprofit reinvention in a time of unprecedented change
 Nonprofit reinvention in a time of unprecedented change Nonprofit reinvention in a time of unprecedented change
Nonprofit reinvention in a time of unprecedented changeaccenture
 
Free to be 100% me
Free to be 100% meFree to be 100% me
Free to be 100% meaccenture
 
The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023accenture
 
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimentoMundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimentoaccenture
 
Pathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications IndustryPathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications Industryaccenture
 
The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023accenture
 
Reimagining the Agenda | Accenture
Reimagining the Agenda | AccentureReimagining the Agenda | Accenture
Reimagining the Agenda | Accentureaccenture
 
Climate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | AccentureClimate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | Accentureaccenture
 

More from accenture (20)

The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024
 
The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education
 
The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education
 
Engineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibileEngineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibile
 
Digital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial SystemDigital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial System
 
More deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journeyMore deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journey
 
The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023
 
Reinventing Enterprise Operations
Reinventing Enterprise OperationsReinventing Enterprise Operations
Reinventing Enterprise Operations
 
Semiconductor Gender Parity Study
Semiconductor Gender Parity StudySemiconductor Gender Parity Study
Semiconductor Gender Parity Study
 
The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023
 
Nonprofit reinvention in a time of unprecedented change
 Nonprofit reinvention in a time of unprecedented change Nonprofit reinvention in a time of unprecedented change
Nonprofit reinvention in a time of unprecedented change
 
Free to be 100% me
Free to be 100% meFree to be 100% me
Free to be 100% me
 
The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023
 
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimentoMundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
 
Pathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications IndustryPathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications Industry
 
The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023
 
Reimagining the Agenda | Accenture
Reimagining the Agenda | AccentureReimagining the Agenda | Accenture
Reimagining the Agenda | Accenture
 
Climate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | AccentureClimate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | Accenture
 

Recently uploaded

IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdf
IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdfIaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdf
IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdfDaniel Santiago Silva Capera
 
Igniting Next Level Productivity with AI-Infused Data Integration Workflows
Igniting Next Level Productivity with AI-Infused Data Integration WorkflowsIgniting Next Level Productivity with AI-Infused Data Integration Workflows
Igniting Next Level Productivity with AI-Infused Data Integration WorkflowsSafe Software
 
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...UbiTrack UK
 
COMPUTER 10 Lesson 8 - Building a Website
COMPUTER 10 Lesson 8 - Building a WebsiteCOMPUTER 10 Lesson 8 - Building a Website
COMPUTER 10 Lesson 8 - Building a Websitedgelyza
 
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve DecarbonizationUsing IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve DecarbonizationIES VE
 
Crea il tuo assistente AI con lo Stregatto (open source python framework)
Crea il tuo assistente AI con lo Stregatto (open source python framework)Crea il tuo assistente AI con lo Stregatto (open source python framework)
Crea il tuo assistente AI con lo Stregatto (open source python framework)Commit University
 
Basic Building Blocks of Internet of Things.
Basic Building Blocks of Internet of Things.Basic Building Blocks of Internet of Things.
Basic Building Blocks of Internet of Things.YounusS2
 
Videogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdfVideogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdfinfogdgmi
 
NIST Cybersecurity Framework (CSF) 2.0 Workshop
NIST Cybersecurity Framework (CSF) 2.0 WorkshopNIST Cybersecurity Framework (CSF) 2.0 Workshop
NIST Cybersecurity Framework (CSF) 2.0 WorkshopBachir Benyammi
 
Building Your Own AI Instance (TBLC AI )
Building Your Own AI Instance (TBLC AI )Building Your Own AI Instance (TBLC AI )
Building Your Own AI Instance (TBLC AI )Brian Pichman
 
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...Aggregage
 
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfJamie (Taka) Wang
 
Nanopower In Semiconductor Industry.pdf
Nanopower  In Semiconductor Industry.pdfNanopower  In Semiconductor Industry.pdf
Nanopower In Semiconductor Industry.pdfPedro Manuel
 
Machine Learning Model Validation (Aijun Zhang 2024).pdf
Machine Learning Model Validation (Aijun Zhang 2024).pdfMachine Learning Model Validation (Aijun Zhang 2024).pdf
Machine Learning Model Validation (Aijun Zhang 2024).pdfAijun Zhang
 
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDE
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDEADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDE
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDELiveplex
 
COMPUTER 10: Lesson 7 - File Storage and Online Collaboration
COMPUTER 10: Lesson 7 - File Storage and Online CollaborationCOMPUTER 10: Lesson 7 - File Storage and Online Collaboration
COMPUTER 10: Lesson 7 - File Storage and Online Collaborationbruanjhuli
 
Apres-Cyber - The Data Dilemma: Bridging Offensive Operations and Machine Lea...
Apres-Cyber - The Data Dilemma: Bridging Offensive Operations and Machine Lea...Apres-Cyber - The Data Dilemma: Bridging Offensive Operations and Machine Lea...
Apres-Cyber - The Data Dilemma: Bridging Offensive Operations and Machine Lea...Will Schroeder
 
Cybersecurity Workshop #1.pptx
Cybersecurity Workshop #1.pptxCybersecurity Workshop #1.pptx
Cybersecurity Workshop #1.pptxGDSC PJATK
 
AI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity WebinarAI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity WebinarPrecisely
 
Introduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptxIntroduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptxMatsuo Lab
 

Recently uploaded (20)

IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdf
IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdfIaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdf
IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdf
 
Igniting Next Level Productivity with AI-Infused Data Integration Workflows
Igniting Next Level Productivity with AI-Infused Data Integration WorkflowsIgniting Next Level Productivity with AI-Infused Data Integration Workflows
Igniting Next Level Productivity with AI-Infused Data Integration Workflows
 
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
 
COMPUTER 10 Lesson 8 - Building a Website
COMPUTER 10 Lesson 8 - Building a WebsiteCOMPUTER 10 Lesson 8 - Building a Website
COMPUTER 10 Lesson 8 - Building a Website
 
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve DecarbonizationUsing IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
 
Crea il tuo assistente AI con lo Stregatto (open source python framework)
Crea il tuo assistente AI con lo Stregatto (open source python framework)Crea il tuo assistente AI con lo Stregatto (open source python framework)
Crea il tuo assistente AI con lo Stregatto (open source python framework)
 
Basic Building Blocks of Internet of Things.
Basic Building Blocks of Internet of Things.Basic Building Blocks of Internet of Things.
Basic Building Blocks of Internet of Things.
 
Videogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdfVideogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdf
 
NIST Cybersecurity Framework (CSF) 2.0 Workshop
NIST Cybersecurity Framework (CSF) 2.0 WorkshopNIST Cybersecurity Framework (CSF) 2.0 Workshop
NIST Cybersecurity Framework (CSF) 2.0 Workshop
 
Building Your Own AI Instance (TBLC AI )
Building Your Own AI Instance (TBLC AI )Building Your Own AI Instance (TBLC AI )
Building Your Own AI Instance (TBLC AI )
 
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
 
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
 
Nanopower In Semiconductor Industry.pdf
Nanopower  In Semiconductor Industry.pdfNanopower  In Semiconductor Industry.pdf
Nanopower In Semiconductor Industry.pdf
 
Machine Learning Model Validation (Aijun Zhang 2024).pdf
Machine Learning Model Validation (Aijun Zhang 2024).pdfMachine Learning Model Validation (Aijun Zhang 2024).pdf
Machine Learning Model Validation (Aijun Zhang 2024).pdf
 
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDE
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDEADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDE
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDE
 
COMPUTER 10: Lesson 7 - File Storage and Online Collaboration
COMPUTER 10: Lesson 7 - File Storage and Online CollaborationCOMPUTER 10: Lesson 7 - File Storage and Online Collaboration
COMPUTER 10: Lesson 7 - File Storage and Online Collaboration
 
Apres-Cyber - The Data Dilemma: Bridging Offensive Operations and Machine Lea...
Apres-Cyber - The Data Dilemma: Bridging Offensive Operations and Machine Lea...Apres-Cyber - The Data Dilemma: Bridging Offensive Operations and Machine Lea...
Apres-Cyber - The Data Dilemma: Bridging Offensive Operations and Machine Lea...
 
Cybersecurity Workshop #1.pptx
Cybersecurity Workshop #1.pptxCybersecurity Workshop #1.pptx
Cybersecurity Workshop #1.pptx
 
AI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity WebinarAI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity Webinar
 
Introduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptxIntroduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptx
 

A new frontier for technology: Nimble innovation for growth

  • 1. March 2016 A new frontier for technology Using nimble innovation to drive profitable business growth
  • 2. 2Copyright © 2016 Accenture All rights reserved. Nimble innovation—a golden opportunity CIOs are struggling to deliver timely, incremental value at a reasonable cost *Source: Accenture Technology Vision 2013 and 2015 CIOs lack the budget, people or time to take the business in a new direction. An innovation mind-set shift needs to take place focused on three factors: Take time-bound, incremental steps to meet business objectives Establish a culture and ecosystem for innovation Extend the funding beyond traditional IT boundaries of executives said they expect the IT organization to be the main generator of innovation* of executives said they expect the IT organization to be the main generator of innovation * 71% 34% 2015 2013
  • 3. 3Copyright © 2016 Accenture All rights reserved. Take time-bound, incremental steps to meet business objectives Demand for innovation to be quicker, more incremental and focused on specific outcomes Nimble innovation helps organizations: • Tie innovation to clear business outcomes • Measure progress and improve returns • Learn through failure using a new, rapid-test, fail-fast process *Source: Accenture Strategy Research on the Intersection of Business and Technology, 2015 of business and technology leaders said they believe that IT-led innovation is critical to their company’s growth and survival* of executives consider their organizations to be early adopters when it comes to technology-driven innovation* 90% 57%
  • 4. 4Copyright © 2016 Accenture All rights reserved. Establish a culture and ecosystem for innovation Nimble innovation helps organizations take advantage of the on-demand economy Organizations that embrace nimble innovation can: • Collaborate using open innovation ecosystems beyond the traditional technology organization • Partner with higher education institutions to innovate on specific business problems • Incorporate startups and other fintech companies to innovate with prototypes and proof of concepts *Source: Accenture Technology Vision 2015 of surveyed companies are taking part in open innovation initiatives* of surveyed companies plan to engage new digital partners within their respective industries over the next two years* 77% 60% Note 1: Internal open innovation functions within enterprises
  • 5. 5Copyright © 2016 Accenture All rights reserved. Extend the funding beyond traditional IT boundaries Nimble innovation pools funding beyond IT Nimble innovation means: • Accessing discretionary funds within the business • Embracing initiatives spawned within the business • Taking advantage of low-cost emerging markets *Source: Accenture Strategy Research on the Intersection of Business and Technology, 2015. of senior executives said that IT works jointly with other areas of the organization on innovation* of senior executives said at least half of all innovation is being predominantly sourced via the business rather than IT* 64% 58%
  • 6. 6Copyright © 2016 Accenture All rights reserved. Nimble innovation frontiers An opportunity for sustainable, profitable business growth Three steps technology leaders can take to establish a new frontier of innovation: Adopt a nimble innovation mind-set focused on targeted outcomes Adapt the IT and business operating model to be open to external ecosystems Take a holistic approach to funding sources 1 2 3
  • 7. 7Copyright © 2016 Accenture All rights reserved. Learn more at www.accenture.com/nimbleinnovation Contact us to discuss how to drive nimble innovation technology.strategy@accenture.com Find out more:
  • 8. Join the conversation @AccentureStrat About Accenture Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions—underpinned by the world’s largest delivery network—Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With more than 358,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com About Accenture Strategy Accenture Strategy operates at the intersection of business and technology. We bring together our capabilities in business, technology, operations and function strategy to help our clients envision and execute industry-specific strategies that support enterprise wide transformation. Our focus on issues related to digital disruption, competitiveness, global operating models, talent and leadership help drive both efficiencies and growth. For more information, follow @AccentureStrat or visit www.accenture.com/strategy 8Copyright © 2016 Accenture All rights reserved.