SlideShare une entreprise Scribd logo
1  sur  15
Télécharger pour lire hors ligne
WINNING
INTHE
AGEOF
DISRUPTION
Accenture UK and Ireland (UK&I)
Innovation Maturity Index Report
2020
12.8%
10%
THERESPONSETODISRUPTION
2 | WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020
Innovation Champions set the pace in the UK & Ireland (UK&I)
*The overall country score on the Accenture Innovation Maturity Index in the UK&I was 61 out of 100. But a small group of
innovation champions— 11% of the sample—averaged 71 points. A company that scores high on the innovation index can
expect to increase revenue nearly 13% more than peers and raise profits by 10% more
UK and Ireland-based companies analysed
to show where Innovation Champions are
thriving in the age of disruption.
Innovation Champions scored high on the Innovation
Maturity Index. They can expect to increase revenue
nearly 13% more than peers and raise profits by 10%*
Higher revenue growth
Innovation Champions are setting the pace in the UK
and Ireland because of their deep understanding of
what it takes to innovate successfully in the wake of
increasing disruption.
Higher profits
DISRUPTIONINTHEMARKETPLACE
of UK industries
are susceptible to
future disruption
UK* Disruptability Index
17 industry sectors
3 | WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020
70%
Key: CMT RS
PD FS
Total EV of companies
in industry sample
Comms & Media
Software & Platforms
High-Tech
Capital Markets
Banking
Insurance
Infrastructure &
Transportation Services
Retail
Automotive
CG&S
Travel
Industrial Equipment and…
Life Sciences
Natural Resources
Utilities
Energy
Chemicals
0.20
0.30
0.40
0.50
0.60
0.70
0.80
0.20 0.30 0.40 0.50 0.60 0.70 0.80
CURRENTLEVELOFDISRUPTION
SUSCEPTIBILITY TO FUTURE DISRUPTION
VIABILITY
(24% of companies)1
VOLATILITY
(29% of companies)
VULNERABILITY
(47% of companies)
DURABILITY
(0% of companies)
2018 CROSS-GEOGRAPHY2 AVERAGE:
0.47
2018CROSS-
GEOGRAPHYAVERAGE:
0.54
The below indicates size of
values (coloured circles in the
graph left) denoting the total EV
Source – Accenture Disruptability Index 2.0 (based on 2018 data)
Note only the UK was measured in this particular research study – it did not include Ireland
WHATSETS THECHAMPIONSAPART?
4
Innovation Champions embed innovation
| WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020
INNOVATION BY DESIGN
Quality of innovation processes
INNOVATIONPRACTICES
Presence of Innovation traits
Innovation Champions are measured by their:
Innovation Champions
employ an innovation
mindset. They have built
innovation skills to create new
products and services for
customers and have also
achieved deep organisational
change.
Innovation
Culture
Innovation
Architecture
Innovation
Strategy
INNOVATE
BY DESIGN
Inclusive
Hyper
Relevant
Technology
Propelled
Data
Driven
Asset Smart
Talent
Rich
Network
Powered
INNOVATION
PRACTICES
9%
18%
17%
16%
11%
25%
63%
14%
19%
19%
24%
38%
43%
62%
UK&ICHAMPIONSEXPECTDISRUPTION
5
Innovation Champions are never complacent
To what extent do you expect your industry to be
disrupted by the following in the next 3 years?
Indicated “Large extent” or “Very large extent”
Source: UK&I Innovation Maturity Index 2020
| WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020
Innovation Champions
Rest of the market
Innovation Champions both expect and are actively managing
disruption and embed innovation to deal with it.
They look to pre-emptively build resilience against market and
industry disruptions.
They possess higher rates of awareness about disruption from
competitors and social/cultural changes.
of Innovation
Champions
expect
disruption
compared to
of other
companies
New innovations
brought by technology
New competitors
Social and cultural shifts
Maco-economic changes
Environmental/
ecological change
New regulations
Demographic shifts
N-200 respondents
CHAMPIONSINVESTFORVALUE
6
Innovation champions spend more on innovation
How much more will your company be investing in
innovation over the next 12 months to handle the
evolving forces of disruption?
| WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020
Significantly More
Substantially More
Over the next 12 months
N-200 respondents
5% 2%
29%
19%
34
Champions Rest of the market
%
21%
Innovation Champions are investing over 10% more in
innovation to help them to stay ahead of the curve.
Most of them are using innovation to unlock value in their
legacy and new businesses simultaneously, positioning
themselves for change in steady, safe and balanced way.
compared to
of other
companiesin innovation
Innovation
Champions
are investing
Source: UK&I Innovation Maturity Index 2020
CHAMPIONSFOCUSONKEYTECHNLOGIES
7
Innovation champions spend differently
Which of the following technologies has your company been
focusing your investments on and where do you plan to focus
them in the future? (Select all that apply)
| WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020
Last 3 years
Next 3 years
UK&I Champions focus more on
technologies such as Blockchain,
autonomous vehicles, machine
learning and 3D printing.
Innovation Champions Others
N-200 respondents
Internet of Things
81%
57%
Cloud services for core business processes
Autonomous robots
Augmented Reality/Virtual Reality
52%
Big Data Analytics
Artificial Intelligence
Machine learning
19%
Blockchain/distributed ledger technology
3D printing in design or production
Digital twin
Autonomous vehicles
24%
57%
14%
62%
19%
62%
43%
76%
48%
57%
14%
10%
19%
14%
14%
0%
0%
5%
24%
85%
60%
46%
54%
11%
73%
5%
67%
53%
67%
56%
29%
80%
29%
15%
50%
14%
18%
10%
1%
4%
Source: UK&I Innovation Maturity Index 2020
of Innovation
Champions are
focusing future
investment on
machine learning
technologies
8%
70%
50%
43%
48%
53%
70%
28%
0%
25%
25%
38%
50%
75%
88%
88%
CHAMPIONSFAVOURGOVERNMENTSUPPORT
8
Innovation Champions favour government loans and grants
If you have rated having support from the Government
very important or critically important, in what form
would you like that support? (Select all that apply)
| WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020
When rating support from Government, Innovation Champions
prioritise low interest loans and technology funding as the first
step towards becoming a Champion.
N-200 respondents
of Innovation
Champions prefer
government support
in the form of loans
and grants
compared to
of other
companies
Innovation Champions
Rest of the market
More low-interest loans
More grants funding for
technology adoption
A wider scope for the
R&D tax credit
More grants funding
for R&D
Repayable grants
Support for specific
skills development
A more collaborative
approach to regulation
Enabling more collaboration
with public innovation bodies
Source: UK&I Innovation Maturity Index 2020
2%
2%
1%
18%
8%
65%
11%
41%
11%
7%
6%
3%
14%
25%
87%
0%
0%
0%
10%
10%
19%
19%
24%
24%
24%
24%
24%
29%
38%
57%
Southampton
Sheffield
Newcastle
Liverpool
Birmingham
Manchester
Bristol
Edinburgh
Leeds
Belfast
Coventry
Cardiff
Dublin
Glasgow
London
CHAMPIONSRATEMOREUKCITIESFORINNOVATION
9
Innovation champions are city agnostic
Which of these cities below would you rate as a city
which supports innovation?
| WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020
Because of their innovation mindset, UK&I Champions have an
all-encompassing approach to innovation and see the
potential of a number of UK cities for innovation.
of Innovation
Champions
rate London as a UK&I
city which supports
innovation
Only
compared to
of other
companies
Innovation Champions
Rest of the market
N-200 respondents
Source: UK&I Innovation Maturity Index 2020
CHAMPIONSEMBEDINNOVATION
10
Innovation Champions are differentiated innovation practices
UK&I Innovation Practices – By Largest Score Differential
| WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020
Innovation Champions stand out in Innovation Practices.
In particular, their ability to be continuously more Asset Smart,
Inclusive and Hyper Relevant, where the difference between
them and other companies was the highest.
Innovation Champions adopt
N-200 respondents
Innovation Champions
Others
Innovation
Practices7to release trapped value and accelerate growth.
Asset
Smart
Network
Powered
Inclusive Hyper-
Relevant
Talent
Rich
Data
Driven
Tech
Propelled
20 points
14 points
1 3 points
12 points
12 points
11 points
7 points
Source: UK&I Innovation Maturity Index 2020
CHAMPIONSARE
DIFFERENTIATED
INALLSEVEN
INNOVATION
PRACTICES
11 | WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020
Asset Smart.
Innovation Champions
transform their core
business to cope with
disruption by divesting
assets to free up
capacity for the New.
Inclusive.
Innovation champions
take an inclusive
approach to innovation
and governance,
involving a broad range
of stakeholders.
Hyper Relevant.
Innovation champions
strive to always be
relevant by sensing and
addressing customers’
changing needs.
Talent Rich.
Innovation champions
create a new type of
workforce to gain a
competitive advantage in
fast-changing markets.
Network Powered.
Champions strive to
harness the power of a
carefully managed
ecosystem of partners.
Technology
Propelled.
Innovation champions
master leading-edge
technologies that enable
business innovation.
Data Driven.
Innovation champions
generate, share, and deploy
data to support innovation.
Source: UK&I Innovation Maturity Index 2020
UK&ICHAMPIONS
COULDBE
DIFFERENTIATED
FURTHERIN
INNOVATEBYDESIGN
12
Innovate by Design
| WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020
Innovating by design is a framework for
building the mechanisms for
reliable innovation.
It involves defining an innovation strategy,
instilling a culture of innovation, and
creating an innovation architecture.
UK&I Champions are already most
differentiated in Innovation Culture but
differences in strategy and architecture
were less marked
Sample: All UK&I respondents (n=200)
Innovation
Culture
Innovation
Strategy
Innovation
Architecture
UK&I Innovation Champions not only recognise the importance of the social
and cultural aspects of innovation but are also creating a culture of
innovation in their own companies where:
is encouraged
and rewarded.
is applauded
by leadership
is fostered within
the organization
Innovation Champions
Others
Source: UK&I Innovation Maturity Index 2020
1 point 4 points
0 points
13
Their innovation mindset means that
they both expect and are actively
managing disruption. They are
concerned not only with technology
disruption but also possess higher rates
of apprehension about competitors and
social/cultural change.
They focus on financials associated with
innovation and prioritize areas such as
corporate venture capital funding.
Their innovation mindset means that
have an all-encompassing approach
to innovation and see the potential of
several UK cities for innovation and
are actively focused on building
wider innovation ecosystems.
| WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020
Champions are
never complacent
Champions say,
“show me the money”
Champions are
better networked
SUMMARY
To be classed as an Innovation
Champion, companies must be driving
higher revenues and profit
from innovation.
UK&I Champions are doing this through
an innovation mindset which focuses on
driving value from innovation and the
innovation practices they follow.
They are therefore better equipped to
handle the evolving forces of disruption.
They are differentiated in their technology
spend, focusing on technologies such as
blockchain, autonomous vehicles,
machine learning and 3D printing.
Champions spend more and
differently on innovation
Mind
theTrap
Trapped value is leaving
organisations vulnerable
to disruption.
‘
ABOUTTHERESEARCH
14
Demographics
| WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020
CONFIDENCE LEVEL
INDUSTRIES
06
ACROSS
CMT
FINANCIAL SERVICES
PRODUCTS
RESOURCES
HEALTHCARE
PUBLIC SERVICE
20%
20%
20%
20%
20%
15%
CHIEF EXECUTIVE OFFICER
CHIEF FINANCIAL OFFICER
CHIEF INNOVATION OFFICER
CHIEF OPERATING OFFICER
7%
11%
13%
11%
CHIEF STRATEGY OFFICER
EVP (or direct report)
SP (or direct report)
VP (or direct report)
9%
15%
17%
19%
UK&I RESPONDENTS
LEVELS
CROSSC-SUITE
ANNUAL
RESEARCHSTUDY ON
INNOVATION FOR THE UK&I
COMPANY
SIZE
UNDER $100M (0.1)
$100M - $499M (0.2995)
$500M - $999M (0.7475)
$1BNOR MORE (1)
4%
4%
48%
48%
Research Conducted by
ACCENTURE RESEARCH
Supported by
ACCENTURE UK CLIENT
INNOVATION TEAM
Source: UK&I Innovation Maturity Index 2020
About Accenture
Accenture is a leading global professional services company,
providing a broad range of services in strategy and consulting,
interactive, technology and operations, with digital capabilities
across all of these services. We combine unmatched experience
and specialized capabilities across more than 40 industries —
powered by the world’s largest network of Advanced
Technology and Intelligent Operations centers. With 513,000
people serving clients in more than 120 countries, Accenture
brings continuous innovation to help clients improve their
performance and create lasting value across their enterprises.
Visit us at www.accenture.com
About Accenture Research
Accenture Research shapes trends and creates data driven
insights about the most pressing issues global organizations
face. Combining the power of innovative research techniques
with a deep understanding of our clients’ industries, our team of
300 researchers and analysts spans 20 countries and publishes
hundreds of reports, articles and points of view every year. Our
thought-provoking research—supported by proprietary data and
partnerships with leading organizations, such as MIT and
Harvard—guides our innovations and allows us to transform
theories and fresh ideas into real-world solutions for our clients.
For more information, visit www.accenture.com/research
DISCLAIMER: This document is intended for general informational purposes only and does not take into account the reader’s specific circumstances, and
may not reflect the most current developments. Accenture disclaims, to the fullest extent permitted by applicable law, any and all liability for the accuracy
and completeness of the information in this presentation and for any acts or omissions made based on such information. Accenture does not provide
legal, regulatory, audit, or tax advice. Readers are responsible for obtaining such advice from their own legal counsel or other licensed professionals.
Accenture, its logo, and New Applied Now are trademarks of Accenture.
Copyright © 2020 Accenture. All rights reserved.
A research report
produced by

Contenu connexe

Plus de accenture

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
 
Value Untangled Slideshare
Value Untangled SlideshareValue Untangled Slideshare
Value Untangled Slideshareaccenture
 
The Industrialist: Trends & Innovations - November 2022
The Industrialist: Trends & Innovations - November 2022The Industrialist: Trends & Innovations - November 2022
The Industrialist: Trends & Innovations - November 2022accenture
 
Health Experience: The difference between loyalty & leaving
Health Experience: The difference between loyalty & leavingHealth Experience: The difference between loyalty & leaving
Health Experience: The difference between loyalty & leavingaccenture
 
The Reinvention Reset | Accenture
The Reinvention Reset | AccentureThe Reinvention Reset | Accenture
The Reinvention Reset | Accentureaccenture
 
Metaverse opportunities for the communications industry
 Metaverse opportunities for the communications industry Metaverse opportunities for the communications industry
Metaverse opportunities for the communications industryaccenture
 
Retail’s Responsible Reset | Accenture
Retail’s Responsible Reset | AccentureRetail’s Responsible Reset | Accenture
Retail’s Responsible Reset | Accentureaccenture
 
INTIENT Patient
INTIENT Patient INTIENT Patient
INTIENT Patient accenture
 
INTIENT Patient
INTIENT PatientINTIENT Patient
INTIENT Patientaccenture
 

Plus de accenture (20)

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
 
Value Untangled Slideshare
Value Untangled SlideshareValue Untangled Slideshare
Value Untangled Slideshare
 
The Industrialist: Trends & Innovations - November 2022
The Industrialist: Trends & Innovations - November 2022The Industrialist: Trends & Innovations - November 2022
The Industrialist: Trends & Innovations - November 2022
 
Health Experience: The difference between loyalty & leaving
Health Experience: The difference between loyalty & leavingHealth Experience: The difference between loyalty & leaving
Health Experience: The difference between loyalty & leaving
 
The Reinvention Reset | Accenture
The Reinvention Reset | AccentureThe Reinvention Reset | Accenture
The Reinvention Reset | Accenture
 
Metaverse opportunities for the communications industry
 Metaverse opportunities for the communications industry Metaverse opportunities for the communications industry
Metaverse opportunities for the communications industry
 
Retail’s Responsible Reset | Accenture
Retail’s Responsible Reset | AccentureRetail’s Responsible Reset | Accenture
Retail’s Responsible Reset | Accenture
 
INTIENT Patient
INTIENT Patient INTIENT Patient
INTIENT Patient
 
INTIENT Patient
INTIENT PatientINTIENT Patient
INTIENT Patient
 

Dernier

AI Workshops at Computers In Libraries 2024
AI Workshops at Computers In Libraries 2024AI Workshops at Computers In Libraries 2024
AI Workshops at Computers In Libraries 2024Brian Pichman
 
TrustArc Webinar - How to Live in a Post Third-Party Cookie World
TrustArc Webinar - How to Live in a Post Third-Party Cookie WorldTrustArc Webinar - How to Live in a Post Third-Party Cookie World
TrustArc Webinar - How to Live in a Post Third-Party Cookie WorldTrustArc
 
SIM INFORMATION SYSTEM: REVOLUTIONIZING DATA MANAGEMENT
SIM INFORMATION SYSTEM: REVOLUTIONIZING DATA MANAGEMENTSIM INFORMATION SYSTEM: REVOLUTIONIZING DATA MANAGEMENT
SIM INFORMATION SYSTEM: REVOLUTIONIZING DATA MANAGEMENTxtailishbaloch
 
Keep Your Finger on the Pulse of Your Building's Performance with IES Live
Keep Your Finger on the Pulse of Your Building's Performance with IES LiveKeep Your Finger on the Pulse of Your Building's Performance with IES Live
Keep Your Finger on the Pulse of Your Building's Performance with IES LiveIES VE
 
Explore the UiPath Community and ways you can benefit on your journey to auto...
Explore the UiPath Community and ways you can benefit on your journey to auto...Explore the UiPath Community and ways you can benefit on your journey to auto...
Explore the UiPath Community and ways you can benefit on your journey to auto...DianaGray10
 
20140402 - Smart house demo kit
20140402 - Smart house demo kit20140402 - Smart house demo kit
20140402 - Smart house demo kitJamie (Taka) Wang
 
The Importance of Indoor Air Quality (English)
The Importance of Indoor Air Quality (English)The Importance of Indoor Air Quality (English)
The Importance of Indoor Air Quality (English)IES VE
 
Flow Control | Block Size | ST Min | First Frame
Flow Control | Block Size | ST Min | First FrameFlow Control | Block Size | ST Min | First Frame
Flow Control | Block Size | ST Min | First FrameKapil Thakar
 
My key hands-on projects in Quantum, and QAI
My key hands-on projects in Quantum, and QAIMy key hands-on projects in Quantum, and QAI
My key hands-on projects in Quantum, and QAIVijayananda Mohire
 
Oracle Database 23c Security New Features.pptx
Oracle Database 23c Security New Features.pptxOracle Database 23c Security New Features.pptx
Oracle Database 23c Security New Features.pptxSatishbabu Gunukula
 
UiPath Studio Web workshop series - Day 1
UiPath Studio Web workshop series  - Day 1UiPath Studio Web workshop series  - Day 1
UiPath Studio Web workshop series - Day 1DianaGray10
 
Introduction - IPLOOK NETWORKS CO., LTD.
Introduction - IPLOOK NETWORKS CO., LTD.Introduction - IPLOOK NETWORKS CO., LTD.
Introduction - IPLOOK NETWORKS CO., LTD.IPLOOK Networks
 
Patch notes explaining DISARM Version 1.4 update
Patch notes explaining DISARM Version 1.4 updatePatch notes explaining DISARM Version 1.4 update
Patch notes explaining DISARM Version 1.4 updateadam112203
 
GraphSummit Copenhagen 2024 - Neo4j Vision and Roadmap.pptx
GraphSummit Copenhagen 2024 - Neo4j Vision and Roadmap.pptxGraphSummit Copenhagen 2024 - Neo4j Vision and Roadmap.pptx
GraphSummit Copenhagen 2024 - Neo4j Vision and Roadmap.pptxNeo4j
 
CyberSecurity - Computers In Libraries 2024
CyberSecurity - Computers In Libraries 2024CyberSecurity - Computers In Libraries 2024
CyberSecurity - Computers In Libraries 2024Brian Pichman
 
From the origin to the future of Open Source model and business
From the origin to the future of  Open Source model and businessFrom the origin to the future of  Open Source model and business
From the origin to the future of Open Source model and businessFrancesco Corti
 
Where developers are challenged, what developers want and where DevEx is going
Where developers are challenged, what developers want and where DevEx is goingWhere developers are challenged, what developers want and where DevEx is going
Where developers are challenged, what developers want and where DevEx is goingFrancesco Corti
 
Introduction to RAG (Retrieval Augmented Generation) and its application
Introduction to RAG (Retrieval Augmented Generation) and its applicationIntroduction to RAG (Retrieval Augmented Generation) and its application
Introduction to RAG (Retrieval Augmented Generation) and its applicationKnoldus Inc.
 
IT Service Management (ITSM) Best Practices for Advanced Computing
IT Service Management (ITSM) Best Practices for Advanced ComputingIT Service Management (ITSM) Best Practices for Advanced Computing
IT Service Management (ITSM) Best Practices for Advanced ComputingMAGNIntelligence
 

Dernier (20)

AI Workshops at Computers In Libraries 2024
AI Workshops at Computers In Libraries 2024AI Workshops at Computers In Libraries 2024
AI Workshops at Computers In Libraries 2024
 
TrustArc Webinar - How to Live in a Post Third-Party Cookie World
TrustArc Webinar - How to Live in a Post Third-Party Cookie WorldTrustArc Webinar - How to Live in a Post Third-Party Cookie World
TrustArc Webinar - How to Live in a Post Third-Party Cookie World
 
SIM INFORMATION SYSTEM: REVOLUTIONIZING DATA MANAGEMENT
SIM INFORMATION SYSTEM: REVOLUTIONIZING DATA MANAGEMENTSIM INFORMATION SYSTEM: REVOLUTIONIZING DATA MANAGEMENT
SIM INFORMATION SYSTEM: REVOLUTIONIZING DATA MANAGEMENT
 
Keep Your Finger on the Pulse of Your Building's Performance with IES Live
Keep Your Finger on the Pulse of Your Building's Performance with IES LiveKeep Your Finger on the Pulse of Your Building's Performance with IES Live
Keep Your Finger on the Pulse of Your Building's Performance with IES Live
 
Explore the UiPath Community and ways you can benefit on your journey to auto...
Explore the UiPath Community and ways you can benefit on your journey to auto...Explore the UiPath Community and ways you can benefit on your journey to auto...
Explore the UiPath Community and ways you can benefit on your journey to auto...
 
20140402 - Smart house demo kit
20140402 - Smart house demo kit20140402 - Smart house demo kit
20140402 - Smart house demo kit
 
The Importance of Indoor Air Quality (English)
The Importance of Indoor Air Quality (English)The Importance of Indoor Air Quality (English)
The Importance of Indoor Air Quality (English)
 
Flow Control | Block Size | ST Min | First Frame
Flow Control | Block Size | ST Min | First FrameFlow Control | Block Size | ST Min | First Frame
Flow Control | Block Size | ST Min | First Frame
 
My key hands-on projects in Quantum, and QAI
My key hands-on projects in Quantum, and QAIMy key hands-on projects in Quantum, and QAI
My key hands-on projects in Quantum, and QAI
 
Oracle Database 23c Security New Features.pptx
Oracle Database 23c Security New Features.pptxOracle Database 23c Security New Features.pptx
Oracle Database 23c Security New Features.pptx
 
UiPath Studio Web workshop series - Day 1
UiPath Studio Web workshop series  - Day 1UiPath Studio Web workshop series  - Day 1
UiPath Studio Web workshop series - Day 1
 
SheDev 2024
SheDev 2024SheDev 2024
SheDev 2024
 
Introduction - IPLOOK NETWORKS CO., LTD.
Introduction - IPLOOK NETWORKS CO., LTD.Introduction - IPLOOK NETWORKS CO., LTD.
Introduction - IPLOOK NETWORKS CO., LTD.
 
Patch notes explaining DISARM Version 1.4 update
Patch notes explaining DISARM Version 1.4 updatePatch notes explaining DISARM Version 1.4 update
Patch notes explaining DISARM Version 1.4 update
 
GraphSummit Copenhagen 2024 - Neo4j Vision and Roadmap.pptx
GraphSummit Copenhagen 2024 - Neo4j Vision and Roadmap.pptxGraphSummit Copenhagen 2024 - Neo4j Vision and Roadmap.pptx
GraphSummit Copenhagen 2024 - Neo4j Vision and Roadmap.pptx
 
CyberSecurity - Computers In Libraries 2024
CyberSecurity - Computers In Libraries 2024CyberSecurity - Computers In Libraries 2024
CyberSecurity - Computers In Libraries 2024
 
From the origin to the future of Open Source model and business
From the origin to the future of  Open Source model and businessFrom the origin to the future of  Open Source model and business
From the origin to the future of Open Source model and business
 
Where developers are challenged, what developers want and where DevEx is going
Where developers are challenged, what developers want and where DevEx is goingWhere developers are challenged, what developers want and where DevEx is going
Where developers are challenged, what developers want and where DevEx is going
 
Introduction to RAG (Retrieval Augmented Generation) and its application
Introduction to RAG (Retrieval Augmented Generation) and its applicationIntroduction to RAG (Retrieval Augmented Generation) and its application
Introduction to RAG (Retrieval Augmented Generation) and its application
 
IT Service Management (ITSM) Best Practices for Advanced Computing
IT Service Management (ITSM) Best Practices for Advanced ComputingIT Service Management (ITSM) Best Practices for Advanced Computing
IT Service Management (ITSM) Best Practices for Advanced Computing
 

Accenture UK&I Innovation Maturity Index Report

  • 1. WINNING INTHE AGEOF DISRUPTION Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020
  • 2. 12.8% 10% THERESPONSETODISRUPTION 2 | WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020 Innovation Champions set the pace in the UK & Ireland (UK&I) *The overall country score on the Accenture Innovation Maturity Index in the UK&I was 61 out of 100. But a small group of innovation champions— 11% of the sample—averaged 71 points. A company that scores high on the innovation index can expect to increase revenue nearly 13% more than peers and raise profits by 10% more UK and Ireland-based companies analysed to show where Innovation Champions are thriving in the age of disruption. Innovation Champions scored high on the Innovation Maturity Index. They can expect to increase revenue nearly 13% more than peers and raise profits by 10%* Higher revenue growth Innovation Champions are setting the pace in the UK and Ireland because of their deep understanding of what it takes to innovate successfully in the wake of increasing disruption. Higher profits
  • 3. DISRUPTIONINTHEMARKETPLACE of UK industries are susceptible to future disruption UK* Disruptability Index 17 industry sectors 3 | WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020 70% Key: CMT RS PD FS Total EV of companies in industry sample Comms & Media Software & Platforms High-Tech Capital Markets Banking Insurance Infrastructure & Transportation Services Retail Automotive CG&S Travel Industrial Equipment and… Life Sciences Natural Resources Utilities Energy Chemicals 0.20 0.30 0.40 0.50 0.60 0.70 0.80 0.20 0.30 0.40 0.50 0.60 0.70 0.80 CURRENTLEVELOFDISRUPTION SUSCEPTIBILITY TO FUTURE DISRUPTION VIABILITY (24% of companies)1 VOLATILITY (29% of companies) VULNERABILITY (47% of companies) DURABILITY (0% of companies) 2018 CROSS-GEOGRAPHY2 AVERAGE: 0.47 2018CROSS- GEOGRAPHYAVERAGE: 0.54 The below indicates size of values (coloured circles in the graph left) denoting the total EV Source – Accenture Disruptability Index 2.0 (based on 2018 data) Note only the UK was measured in this particular research study – it did not include Ireland
  • 4. WHATSETS THECHAMPIONSAPART? 4 Innovation Champions embed innovation | WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020 INNOVATION BY DESIGN Quality of innovation processes INNOVATIONPRACTICES Presence of Innovation traits Innovation Champions are measured by their: Innovation Champions employ an innovation mindset. They have built innovation skills to create new products and services for customers and have also achieved deep organisational change. Innovation Culture Innovation Architecture Innovation Strategy INNOVATE BY DESIGN Inclusive Hyper Relevant Technology Propelled Data Driven Asset Smart Talent Rich Network Powered INNOVATION PRACTICES
  • 5. 9% 18% 17% 16% 11% 25% 63% 14% 19% 19% 24% 38% 43% 62% UK&ICHAMPIONSEXPECTDISRUPTION 5 Innovation Champions are never complacent To what extent do you expect your industry to be disrupted by the following in the next 3 years? Indicated “Large extent” or “Very large extent” Source: UK&I Innovation Maturity Index 2020 | WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020 Innovation Champions Rest of the market Innovation Champions both expect and are actively managing disruption and embed innovation to deal with it. They look to pre-emptively build resilience against market and industry disruptions. They possess higher rates of awareness about disruption from competitors and social/cultural changes. of Innovation Champions expect disruption compared to of other companies New innovations brought by technology New competitors Social and cultural shifts Maco-economic changes Environmental/ ecological change New regulations Demographic shifts N-200 respondents
  • 6. CHAMPIONSINVESTFORVALUE 6 Innovation champions spend more on innovation How much more will your company be investing in innovation over the next 12 months to handle the evolving forces of disruption? | WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020 Significantly More Substantially More Over the next 12 months N-200 respondents 5% 2% 29% 19% 34 Champions Rest of the market % 21% Innovation Champions are investing over 10% more in innovation to help them to stay ahead of the curve. Most of them are using innovation to unlock value in their legacy and new businesses simultaneously, positioning themselves for change in steady, safe and balanced way. compared to of other companiesin innovation Innovation Champions are investing Source: UK&I Innovation Maturity Index 2020
  • 7. CHAMPIONSFOCUSONKEYTECHNLOGIES 7 Innovation champions spend differently Which of the following technologies has your company been focusing your investments on and where do you plan to focus them in the future? (Select all that apply) | WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020 Last 3 years Next 3 years UK&I Champions focus more on technologies such as Blockchain, autonomous vehicles, machine learning and 3D printing. Innovation Champions Others N-200 respondents Internet of Things 81% 57% Cloud services for core business processes Autonomous robots Augmented Reality/Virtual Reality 52% Big Data Analytics Artificial Intelligence Machine learning 19% Blockchain/distributed ledger technology 3D printing in design or production Digital twin Autonomous vehicles 24% 57% 14% 62% 19% 62% 43% 76% 48% 57% 14% 10% 19% 14% 14% 0% 0% 5% 24% 85% 60% 46% 54% 11% 73% 5% 67% 53% 67% 56% 29% 80% 29% 15% 50% 14% 18% 10% 1% 4% Source: UK&I Innovation Maturity Index 2020 of Innovation Champions are focusing future investment on machine learning technologies
  • 8. 8% 70% 50% 43% 48% 53% 70% 28% 0% 25% 25% 38% 50% 75% 88% 88% CHAMPIONSFAVOURGOVERNMENTSUPPORT 8 Innovation Champions favour government loans and grants If you have rated having support from the Government very important or critically important, in what form would you like that support? (Select all that apply) | WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020 When rating support from Government, Innovation Champions prioritise low interest loans and technology funding as the first step towards becoming a Champion. N-200 respondents of Innovation Champions prefer government support in the form of loans and grants compared to of other companies Innovation Champions Rest of the market More low-interest loans More grants funding for technology adoption A wider scope for the R&D tax credit More grants funding for R&D Repayable grants Support for specific skills development A more collaborative approach to regulation Enabling more collaboration with public innovation bodies Source: UK&I Innovation Maturity Index 2020
  • 9. 2% 2% 1% 18% 8% 65% 11% 41% 11% 7% 6% 3% 14% 25% 87% 0% 0% 0% 10% 10% 19% 19% 24% 24% 24% 24% 24% 29% 38% 57% Southampton Sheffield Newcastle Liverpool Birmingham Manchester Bristol Edinburgh Leeds Belfast Coventry Cardiff Dublin Glasgow London CHAMPIONSRATEMOREUKCITIESFORINNOVATION 9 Innovation champions are city agnostic Which of these cities below would you rate as a city which supports innovation? | WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020 Because of their innovation mindset, UK&I Champions have an all-encompassing approach to innovation and see the potential of a number of UK cities for innovation. of Innovation Champions rate London as a UK&I city which supports innovation Only compared to of other companies Innovation Champions Rest of the market N-200 respondents Source: UK&I Innovation Maturity Index 2020
  • 10. CHAMPIONSEMBEDINNOVATION 10 Innovation Champions are differentiated innovation practices UK&I Innovation Practices – By Largest Score Differential | WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020 Innovation Champions stand out in Innovation Practices. In particular, their ability to be continuously more Asset Smart, Inclusive and Hyper Relevant, where the difference between them and other companies was the highest. Innovation Champions adopt N-200 respondents Innovation Champions Others Innovation Practices7to release trapped value and accelerate growth. Asset Smart Network Powered Inclusive Hyper- Relevant Talent Rich Data Driven Tech Propelled 20 points 14 points 1 3 points 12 points 12 points 11 points 7 points Source: UK&I Innovation Maturity Index 2020
  • 11. CHAMPIONSARE DIFFERENTIATED INALLSEVEN INNOVATION PRACTICES 11 | WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020 Asset Smart. Innovation Champions transform their core business to cope with disruption by divesting assets to free up capacity for the New. Inclusive. Innovation champions take an inclusive approach to innovation and governance, involving a broad range of stakeholders. Hyper Relevant. Innovation champions strive to always be relevant by sensing and addressing customers’ changing needs. Talent Rich. Innovation champions create a new type of workforce to gain a competitive advantage in fast-changing markets. Network Powered. Champions strive to harness the power of a carefully managed ecosystem of partners. Technology Propelled. Innovation champions master leading-edge technologies that enable business innovation. Data Driven. Innovation champions generate, share, and deploy data to support innovation. Source: UK&I Innovation Maturity Index 2020
  • 12. UK&ICHAMPIONS COULDBE DIFFERENTIATED FURTHERIN INNOVATEBYDESIGN 12 Innovate by Design | WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020 Innovating by design is a framework for building the mechanisms for reliable innovation. It involves defining an innovation strategy, instilling a culture of innovation, and creating an innovation architecture. UK&I Champions are already most differentiated in Innovation Culture but differences in strategy and architecture were less marked Sample: All UK&I respondents (n=200) Innovation Culture Innovation Strategy Innovation Architecture UK&I Innovation Champions not only recognise the importance of the social and cultural aspects of innovation but are also creating a culture of innovation in their own companies where: is encouraged and rewarded. is applauded by leadership is fostered within the organization Innovation Champions Others Source: UK&I Innovation Maturity Index 2020 1 point 4 points 0 points
  • 13. 13 Their innovation mindset means that they both expect and are actively managing disruption. They are concerned not only with technology disruption but also possess higher rates of apprehension about competitors and social/cultural change. They focus on financials associated with innovation and prioritize areas such as corporate venture capital funding. Their innovation mindset means that have an all-encompassing approach to innovation and see the potential of several UK cities for innovation and are actively focused on building wider innovation ecosystems. | WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020 Champions are never complacent Champions say, “show me the money” Champions are better networked SUMMARY To be classed as an Innovation Champion, companies must be driving higher revenues and profit from innovation. UK&I Champions are doing this through an innovation mindset which focuses on driving value from innovation and the innovation practices they follow. They are therefore better equipped to handle the evolving forces of disruption. They are differentiated in their technology spend, focusing on technologies such as blockchain, autonomous vehicles, machine learning and 3D printing. Champions spend more and differently on innovation Mind theTrap Trapped value is leaving organisations vulnerable to disruption. ‘
  • 14. ABOUTTHERESEARCH 14 Demographics | WINNING IN THE AGE OF DISRUPTION – Accenture UK and Ireland (UK&I) Innovation Maturity Index Report 2020 CONFIDENCE LEVEL INDUSTRIES 06 ACROSS CMT FINANCIAL SERVICES PRODUCTS RESOURCES HEALTHCARE PUBLIC SERVICE 20% 20% 20% 20% 20% 15% CHIEF EXECUTIVE OFFICER CHIEF FINANCIAL OFFICER CHIEF INNOVATION OFFICER CHIEF OPERATING OFFICER 7% 11% 13% 11% CHIEF STRATEGY OFFICER EVP (or direct report) SP (or direct report) VP (or direct report) 9% 15% 17% 19% UK&I RESPONDENTS LEVELS CROSSC-SUITE ANNUAL RESEARCHSTUDY ON INNOVATION FOR THE UK&I COMPANY SIZE UNDER $100M (0.1) $100M - $499M (0.2995) $500M - $999M (0.7475) $1BNOR MORE (1) 4% 4% 48% 48% Research Conducted by ACCENTURE RESEARCH Supported by ACCENTURE UK CLIENT INNOVATION TEAM Source: UK&I Innovation Maturity Index 2020
  • 15. About Accenture Accenture is a leading global professional services company, providing a broad range of services in strategy and consulting, interactive, technology and operations, with digital capabilities across all of these services. We combine unmatched experience and specialized capabilities across more than 40 industries — powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. With 513,000 people serving clients in more than 120 countries, Accenture brings continuous innovation to help clients improve their performance and create lasting value across their enterprises. Visit us at www.accenture.com About Accenture Research Accenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face. Combining the power of innovative research techniques with a deep understanding of our clients’ industries, our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports, articles and points of view every year. Our thought-provoking research—supported by proprietary data and partnerships with leading organizations, such as MIT and Harvard—guides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients. For more information, visit www.accenture.com/research DISCLAIMER: This document is intended for general informational purposes only and does not take into account the reader’s specific circumstances, and may not reflect the most current developments. Accenture disclaims, to the fullest extent permitted by applicable law, any and all liability for the accuracy and completeness of the information in this presentation and for any acts or omissions made based on such information. Accenture does not provide legal, regulatory, audit, or tax advice. Readers are responsible for obtaining such advice from their own legal counsel or other licensed professionals. Accenture, its logo, and New Applied Now are trademarks of Accenture. Copyright © 2020 Accenture. All rights reserved. A research report produced by