PwC accelerator why how Mateusz Nowak

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PwC Accelerator Why? How? www.pwc.com

Transcript of PwC accelerator why how Mateusz Nowak

Page 1: PwC accelerator why how Mateusz Nowak

PwC Accelerator Why? How?

www.pwc.com

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Who the hell is he? Why is he here?

?

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Why corporates are interested in working with startups?

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Growth

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Corporations are good at flavour innovation

Source: @cbinsights

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The disruptive moonshots are often harder

Source: spacex.com

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Death by thousand cuts

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Worry less about these competitors Disruptive, discontinuous innovation rarely comes from your giant peers

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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

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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

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Source: @cbinsights

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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

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Source: @cbinsights

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How?

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Case study 1 – light touch

CSR?

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„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

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Gain new insight

Save time and money

Staff available

for business purposes

Market information

Knowledge Sharing

Self Development

Teamwork Thorough Analysis

Everyone Benefits!

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Time spent supporting startups in Gdynia?

Over 8800 hours so far…

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Case study 2 - Internal innovators

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We a have xLoS community of innovators

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For 2,5 years

Advisory

12 innovators 70% left the firm

29 innovators working xLoS

TLS Assurance

Since June 2015

PwC

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Innovation@Poland

www.pwc.com

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What made the difference Drivers and enablers

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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

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Case study 3 – moon shot

Let’s talk money

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Drone Powered Solutions

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PwC Drone Powered Solutions – What we do?

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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.

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Completed projects and on-going initiatives of Drone Powered Solutions

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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

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Going further

Acceleration

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PwC Accelerators from around the globe

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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

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Global FinTech Hackcelerator

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Thank you for listening

Mateusz Nowak Innovation and R&D, Grants and Incentives

[email protected]

Twitter: @matuesz

Mobile: 519 506 985

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