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Open innovation_v11 public

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Open Innovation Wayra

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Open innovation_v11 public

  1. 1. OPEN INNOVATION Innovation drives business 1
  2. 2. Innovation happens around the whole company. TELEFÓNICA IS A COMPANY OF INNOVATORS 2
  3. 3. CORE INNOVATION NETWORK INNOVATION DATA INNOVATION DISCOVERY ALPHA ALPHA HEALTH ALPHA ENERGY OPEN INNOVATION open future_ TELEFONICA VENTURES OPEN INNOVATION CORE INNOVATION Works with our internal assets to test new technologies & products OPEN INNOVATION Looks for the best entrepreneurs to accelerate our business ALPHA Focuses on moonshots which provide disruption beyond our industry OUR AREA FOCUSES ON CHALLENGES WHERE THE NATURE OF THE PROJECT, THE TIMEFRAME OR THE SCOPE, CANNOT BE EASILY TACKLED BY OTHER TEAMS 3
  4. 4. the time is now The Elephant needs to dance with the Gazelles. And not step on their toes 4
  5. 5. INNOVATION HAPPENS EVERYWHERE It’s time to learn more, learn quicker. We need to look outside 5
  6. 6. WHY WAYRA?. TODAY It is the time to accelerate Telefonica's business 6
  7. 7. WE ARE the world’s most global, connected & tech-driven Open Innovation Hub Our Vision Our Vision We are the most global, connected & tech-driven Open Innovation Hub in the world 7
  8. 8. CORPORATE & GOVERNMENT OUR FUNDS & OTHERS TECH PARTNERS GLOBAL BU’s & OB’s … … … WE ARE AN OPEN ECOSYSTEM We accelerate Telefónica’s business globally with local presence +50 OPEN FUTURE_ HUBS 11 WAYRA HUBS HUBS 3 SCOUTING OFFICES IN SV / ISRAEL / CHINA 8
  9. 9. 5SIMULTANEOUS PLAYS HOW WE WORK 01 02 03 04 05 Innovation Scouter Micro-CVC Business Generation Open APIs Ecosystem Political & Institutional Relations 10
  10. 10. INNOVATION SCOUTING 1 Best entrepreneurs look for business rather than investment, in a corporate. 11
  11. 11. MICRO C-VC 2 We focus on more mature startups around our strategic interests w/ flexible terms. 12
  12. 12. BUSINESS GENERATION 3 Startups are an outliers’ game. We bring outliers to scale replicating best practices. 13
  13. 13. OPEN APIS ECOSYSTEM 4 We have an unbeatable infrastructure to evangelize developers & startups. 14
  14. 14. INSTITUTIONAL RELATIONS 5 We have a major brand & institutional asset to help our entire business. 15
  15. 15. ENTERPRISE SAAS FOR SMBS IS A PILLAR OF TELEFONICA’S DIGITAL OFFERING & STARTUPS CAN OFFER INNOVATIVE PRODUCTS FOR OUR SALES CHANNEL “The impact achieved by adding startups to our B2B unit is not just the revenues, but how we transformed the processes in our whole área: from product to marketing to procurement.” JOSE LUIS AIELLO VP B2B Telefónica Argentina OPEN INNOVATION 18
  16. 16. CYBERSECURITY DEMAND IS GROWING RAPIDLY & ITS STRONG EVOLUTION DEMANDS AGILE SOLUTIONS “Introducing startups into our product’s pipeline has led to a significant increase of revenues in our business” PEDRO PABLO PÉREZ CEO ELEVEN PATHS OPEN INNOVATION 20
  17. 17. Communications Business Services Marketing/Media Security eCommerce Education/Training Others B2B IoT, ML, Analytics, Security, Global Digital Products… B2C Marketing, Movistar Play, Product integrations, Consumer IoT… Portfolio Champions Best performing startups in our portfolio with strong disruption potential OPEN INNOVATION 21
  18. 18. Organizational learnings & Cultural shift Future trends scouting Competitive Advantage Institutional relations & branding The innovation ripple effect Hard $$ need to be measured, but the impact is wider & lasting New Revenue Streams Costs savings Financial ROI OPEN INNOVATION 23
  19. 19. FUTURE TRENDS
 SCOUTING 24
  20. 20. INSTITUTIONAL RELATIONS & POSITIONING 25
  21. 21. COMPETITIVE ADVANTAGE 26
  22. 22. ORGANIZATIONAL LEARNINGS & CULTURAL SHIFT 27
  23. 23. THE RULES ARE NOT YET WRITTEN We are ready OPEN INNOVATION 28
  24. 24. 29

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