PwC accelerator why how Mateusz Nowak
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Transcript of PwC accelerator why how Mateusz Nowak
PwC Accelerator Why? How?
www.pwc.com
Who the hell is he? Why is he here?
?
PwC
Why corporates are interested in working with startups?
3 July 2016 PwC Accelerator
PwC
Growth
4 July 2016 PwC Accelerator
PwC
Corporations are good at flavour innovation
Source: @cbinsights
5 July 2016 PwC Accelerator
PwC
The disruptive moonshots are often harder
Source: spacex.com
6 July 2016 PwC Accelerator
PwC
Death by thousand cuts
7 July 2016 PwC Accelerator
PwC
Worry less about these competitors Disruptive, discontinuous innovation rarely comes from your giant peers
8 July 2016 PwC Accelerator
PwC
And worry more about death by a thousand cuts There are army of emerging players that are attacking legacy players at an individual product & service level
9 July 2016 PwC Accelerator
PwC
Technology adoption is quicker than ever The penetration of technology happens quicker than ever before. Time is not on our side
Adoption of technology as % of U.S. households
10 July 2016 PwC Accelerator
Source: @cbinsights
PwC
Technology development is cheaper then ever There are less and less barriers of entry and the pace of innovation will grow
Cost of launch of a Tech Startup
2000
5,000,000
2005
50,000
2009
500,000
5,000
2011
Open source and horizontal scaling Cloud APIs
11 July 2016 PwC Accelerator
Source: @cbinsights
PwC
How?
12 July 2016 PwC Accelerator
PwC
Case study 1 – light touch
CSR?
13 July 2016 PwC Accelerator
PwC
„Thanks! The analysis totally exceeds my expectations!”
„Great marketing materials and big help in making business decisions in the future”
„The analysis is a very valuable material for our growth. I have to
admit we have received more than we had expected”
Cooperation started in January 2016
14 Analysis completed
38 Analysts involved
4 Groups working on different projects
100% Positive feedback received
14 July 2016 PwC Accelerator
PwC
Gain new insight
Save time and money
Staff available
for business purposes
Market information
Knowledge Sharing
Self Development
Teamwork Thorough Analysis
Everyone Benefits!
15 July 2016 PwC Accelerator
PwC
Time spent supporting startups in Gdynia?
Over 8800 hours so far…
16 July 2016 PwC Accelerator
PwC
Case study 2 - Internal innovators
17 July 2016 PwC Accelerator
PwC
We a have xLoS community of innovators
18
For 2,5 years
Advisory
12 innovators 70% left the firm
29 innovators working xLoS
TLS Assurance
Since June 2015
PwC
Innovation@Poland
www.pwc.com
PwC
What made the difference Drivers and enablers
PwC Accelerator 20
July 2016
1900 hours spent
on developing innovative
solution
Investment of an innovation team or company per annum 1 New hires with different background
Up to PLN mln reward for innovation 2.5
10
3
15% Hours of mentoring sessions per innovator
to date no spending
Search in progress
In progress
2 projects earning revenue
In progress
Quarterly firmwide communications
1 mln innovation budget
PwC
Case study 3 – moon shot
Let’s talk money
21 July 2016 PwC Accelerator
PwC
Drone Powered Solutions
PwC Accelerator 22
July 2016
PwC
PwC Drone Powered Solutions – What we do?
PwC Accelerator 23
July 2016
Final products
• Analytical reports based on high quality technical data (orthophotomaps and numerical models and 3D models)
• PwC Geospatial Application - tool for integration, presentation and management of processed comprehensive data sets
Configuration Drone Operations Data Processing Delivery
Key element in using information received from drone operations is its processing and further usage allowing for permanent access to measurable and comparable data.
PwC
Completed projects and on-going initiatives of Drone Powered Solutions
PwC Accelerator 24
July 2016
Transformation of investment monitoring process – integration of existing GIS data and processed drone data leveraging photogrammetry
Gas
Enhancement of inspection of insured objects (industrial plants, agriculture, etc) for premium calculation and claim settlement
Insurance
Inspection of high, medium and low power transmission network with optical and thermal imaging
Energy
Life saving drone transportation services
Transportation
Designed and field tested tracks construction supervision and maintenance monitoring tool based on processed drone data
Infrastructure
PwC
Going further
Acceleration
25 July 2016 PwC Accelerator
PwC
PwC Accelerators from around the globe
PwC Accelerator 26
July 2016
PwC
Acclerator in Luxemburg
PwC as a
partner of MITEF Poland
SeedPlus
in Singapore
Techstarts IoT
program in NYC
Unique approach &
methodology
Experience
Tools (sample)
Network of over 208k employees Mentors
PwC
Global FinTech Hackcelerator
PwC Accelerator 27
July 2016
PwC
Thank you for listening
Mateusz Nowak Innovation and R&D, Grants and Incentives
Twitter: @matuesz
Mobile: 519 506 985
28 July 2016 PwC Accelerator