SlideShare a Scribd company logo
1 of 10
The Digital Opportunity: Policy & Progress
Francis Hintermann, Managing Director, Accenture Research | Tuesday October 6, 2015
Copyright © 2015 Accenture All rights reserved. 2
of Fortune 500 companies have
disappeared since 2000
of revenues of large companies expected
to be generated from digital products and
services in the next 3 years
Markets are being disrupted by digital
Copyright © 2015 Accenture All rights reserved. 3
Three Waves of Digital
Digital Customer
Digital Enterprise
Digital Operations
Personalized multi-
channel interactions
with customers
Digitization of enterprise
functions that boost
efficiency
New technologies like
the Industrial Internet
that change the way
business is done and
revenues are earned
Copyright © 2015 Accenture All rights reserved. 4
What this means for business
The Internet of Me Outcome Economy Platform Revolution Intelligent Enterprise Workforce Reimagined
Selling
personalized
services
Selling
outcomes, not
products
Innovating and
serving customers
through designed
networks
Smart systems
that transform
productivity
Learning to work
with and manage
machines
Copyright © 2015 Accenture All rights reserved. 5
Uplift in 2020 GDP as a result of a ten point improvement in Digital
Density – the penetration of digital technologies in companies and the
wider economy (USD billion, 2014 prices)
What’s it worth to the economy?
$38
$101
$41
$97
$57
$57
$75
$114
$418
$365United States
China
Japan
Germany
France
United Kingdom
Brazil
Italy
India
Canada
Source: Accenture and Oxford Economics
Copyright © 2015 Accenture All rights reserved. 6
The journey to Open Innovation
To succeed in the digital economy, companies will have to modify their innovation
strategies. Open Innovation will require multilateral partnerships whereby
corporate sponsors go beyond funding innovation, and actively participate in the
innovation process itself. This will require greater digital collaboration
Copyright © 2015 Accenture All rights reserved. 7
Eyes on the prize: the impact of digital collaboration
Proportion of large companies’
revenues generated by
collaboration with
startups/entrepreneurs
NEXT 5 YEARS: 20%
TODAY: 9%
US$1.45 trillion boost to
global GDP, representing
an uplift of 2.2 percent
Copyright © 2015 Accenture All rights reserved. 8
What it means for Government: 5 challenges
Speed of Technology Digital divide
Digital platforms
Borderless economy Cyber threats
Copyright © 2015 Accenture All rights reserved. 9
1. Develop alternative policies to data localization
2. Assure legislative and regulatory support for alternative forms of funding
3. Develop and finance programs aimed at reducing skills mismatches
4. Improve access of SMEs to Innovation ecosystems and the digital economy
5. Improve digitization of government processes
B20 Digital Recommendations for Governments
10
Thank you
Learn more at accenture.com/G20YEA-OpenInnovation

More Related Content

More from accenture

More from accenture (20)

The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024
 
The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education
 
The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education
 
Engineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibileEngineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibile
 
Digital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial SystemDigital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial System
 
More deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journeyMore deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journey
 
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
 

Recently uploaded

+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
?#DUbAI#??##{{(☎️+971_581248768%)**%*]'#abortion pills for sale in dubai@
 

Recently uploaded (20)

ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemkeProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
 
A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?
 
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
 
2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organization
 
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot TakeoffStrategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
 
HTML Injection Attacks: Impact and Mitigation Strategies
HTML Injection Attacks: Impact and Mitigation StrategiesHTML Injection Attacks: Impact and Mitigation Strategies
HTML Injection Attacks: Impact and Mitigation Strategies
 
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
 
Boost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityBoost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivity
 
Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024
 
GenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdfGenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdf
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century education
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Script
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed texts
 
GenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day PresentationGenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day Presentation
 
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 

The Digital Opportunity: Policy & Progress

  • 1. The Digital Opportunity: Policy & Progress Francis Hintermann, Managing Director, Accenture Research | Tuesday October 6, 2015
  • 2. Copyright © 2015 Accenture All rights reserved. 2 of Fortune 500 companies have disappeared since 2000 of revenues of large companies expected to be generated from digital products and services in the next 3 years Markets are being disrupted by digital
  • 3. Copyright © 2015 Accenture All rights reserved. 3 Three Waves of Digital Digital Customer Digital Enterprise Digital Operations Personalized multi- channel interactions with customers Digitization of enterprise functions that boost efficiency New technologies like the Industrial Internet that change the way business is done and revenues are earned
  • 4. Copyright © 2015 Accenture All rights reserved. 4 What this means for business The Internet of Me Outcome Economy Platform Revolution Intelligent Enterprise Workforce Reimagined Selling personalized services Selling outcomes, not products Innovating and serving customers through designed networks Smart systems that transform productivity Learning to work with and manage machines
  • 5. Copyright © 2015 Accenture All rights reserved. 5 Uplift in 2020 GDP as a result of a ten point improvement in Digital Density – the penetration of digital technologies in companies and the wider economy (USD billion, 2014 prices) What’s it worth to the economy? $38 $101 $41 $97 $57 $57 $75 $114 $418 $365United States China Japan Germany France United Kingdom Brazil Italy India Canada Source: Accenture and Oxford Economics
  • 6. Copyright © 2015 Accenture All rights reserved. 6 The journey to Open Innovation To succeed in the digital economy, companies will have to modify their innovation strategies. Open Innovation will require multilateral partnerships whereby corporate sponsors go beyond funding innovation, and actively participate in the innovation process itself. This will require greater digital collaboration
  • 7. Copyright © 2015 Accenture All rights reserved. 7 Eyes on the prize: the impact of digital collaboration Proportion of large companies’ revenues generated by collaboration with startups/entrepreneurs NEXT 5 YEARS: 20% TODAY: 9% US$1.45 trillion boost to global GDP, representing an uplift of 2.2 percent
  • 8. Copyright © 2015 Accenture All rights reserved. 8 What it means for Government: 5 challenges Speed of Technology Digital divide Digital platforms Borderless economy Cyber threats
  • 9. Copyright © 2015 Accenture All rights reserved. 9 1. Develop alternative policies to data localization 2. Assure legislative and regulatory support for alternative forms of funding 3. Develop and finance programs aimed at reducing skills mismatches 4. Improve access of SMEs to Innovation ecosystems and the digital economy 5. Improve digitization of government processes B20 Digital Recommendations for Governments
  • 10. 10 Thank you Learn more at accenture.com/G20YEA-OpenInnovation