Accelerators in digital transformation refer to tools, technologies, methodologies, or processes that can help a company speed up its digital transformation journey. These may include things like cloud computing, artificial intelligence, machine learning, robotic process automation, or agile methodologies, which can help a company quickly develop and deploy new digital solutions, streamline processes, and improve efficiency.
Assets in digital transformation refer to the digital resources that a company possesses, such as data, software, digital platforms, or digital infrastructure. These assets can be leveraged to create new business models, enhance customer experiences, or improve operational efficiency. In the context of digital transformation, assets may also include digital skills and expertise within the company’s workforce, which can be used to drive innovation and create new opportunities.
Every country, developed or emerging, uses assets/accelerators in its transformation journey.
Why should you not?
Public examples:
1. General Electric (GE): GE worked with the asset and accelerator provider Startup Health to develop new technologies and solutions for the healthcare industry, with the goal of enhancing patient care and improving healthcare outcomes.
2. Jaguar Land Rover (UK): Jaguar Land Rover worked with the asset and accelerator provider Startupbootcamp to accelerate the growth of startups developing innovative solutions in areas like mobility, transportation, and smart cities, with the goal of enhancing the sustainability and efficiency of their products and services.
3. N26 (Germany): N26 worked with the asset and accelerator provider Plug and Play to accelerate the growth of startups developing innovative solutions in areas like mobile banking, customer experience, and financial technology, with the goal of enhancing the efficiency and security of their services.
4. Careem (Middle East): Careem, a Dubai-based ride-hailing company, worked with the asset and accelerator provider Wamda X to develop new technologies and solutions for the transportation industry, with the goal of enhancing the customer experience and streamlining their operations.
5. M-Kopa Solar (Africa): M-Kopa Solar, a Kenyan solar energy company, worked with the asset and accelerator provider Villgro Kenya to accelerate the growth of startups developing innovative solutions in areas like renewable energy, agriculture, and healthcare, with the goal of enhancing the sustainability and scalability of their products and services.
6. Grab (Singapore): Grab, a Singapore-based ride-hailing and delivery company, worked with the asset and accelerator provider Antler to accelerate the growth of startups developing innovative solutions in areas like financial services, healthcare, and mobility, with the goal of enhancing the efficiency and sustainability of their services.
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