Tag: digital transformation

Why Visit Silicon Valley To Discover How To Reinvent Your Company For The Digital World

С-level executives from leading organizations in Brazil, Colombia, India and Peru came to Silicon Valley and found innovative ways to reimagine portions of their existing businesses by embracing digital transformation during our most recent Leading Digital Transformation immersion program. In August the team here at Silicon Valley Innovation Center welcomed a cohort of executives to our 3rd Leading Digital Transformation innovation immersion program. The senior executives hailed from companies including Morpho, a global leader in security and identity verification, Vizitech Solutions, a software solutions provider, Amdocs, a multinational software provider for media and communications companies, Change Americas, a change management ... Read more

Digital Transformation. How to Build a Culture of Change

  By the end of 2017, two-thirds of the CEOs of Global 2000 companies will have digital transformation at the center of their corporate strategy- IDC FutureScape 85% of enterprise decision-makers say they have a time frame of two years to make significant inroads into digital transformation or they will suffer financially and fall behind their competitors PWC 88% of companies report they are undergoing digital transformation – Altimeter Group Most companies are going through digital change, and they don’t even know about it. And the biggest challenge for them is going to be developing new business models and strategies ... Read more

How Can Big Companies Innovate? Turning Disruption Threats into Innovation Opportunities

By Andrey Kunov, CEO, Silicon Valley Innovation Center (SVIC) Uber, Didi Chuxing, Airbnb, Dropbox, SpaceX, Uber, Spotify… the list is endless but what do all of them have in common? Each one of them is a startup and each one has disrupted an entire industry. Be it hospitality, auto, music or aeronautics, no one has been spared. So what is the antidote to this disruptive trend? – M&A or R&D?  What’s the action plan? In this blog , we’ll look at the emerging practice of start-up engagement as a corporate innovation strategy to help established companies uncover growth opportunities behind ... Read more

How can Design Thinking help you START Innovating.

  A lot has been told about Design Thinking in the past and rightly so. It has been known to inspire people from all walks of life and across multiple sectors. However, in this age of technological revolution, it is now more than ever to include this kind of innovative and inspiring methodology in your strategy to ensure sustained growth. Design thinking is one of the most successful tools to develop an innovative way of thinking. It is known for the human touch it adds to the way you think instead of relying on historical data for decision making. The ... Read more

The Fourth Industrial Revolution Is Here. Is Your Business Ready?

  By Andy Zhulenev This is the first part of the SVIC original series to discover the technology breakthroughs that go beyond automation of manufacturing and digitization of information. The global economy is undergoing massive disruption. This “Fourth Industrial Revolution” brings us a world of cyber-physical systems, characterized by the merging of physical, digital, and biological realms in profound ways. Artificial intelligence (AI) serves as the primary catalyst of this transformation. Thus, companies need a deep understanding of technological trends. And any organization that aims to succeed in this new era of continuously accelerating change will need to significantly adjust ... Read more