4. Startup investment in 2015
$7.5
billion
21%
905 deals with startups
Total business deals 2015
SOURCE: Thomson Reuters data published by PwC
5. startups in the San Francisco
Bay area
17,000+
of startups fail in
the first year
new innovation centers opened
over the past
6 months in 20 countries
56 80%
SOURCE: Thomson Reuters data published by PwC
6. Annual spend
on R&D
$650
billion
of new consumer
product launches
fail
are too slow to
market
85% 90%
SOURCE: Thomson Reuters data published by PwC
7. This is a profoundly uncertain,
perpetually disruptive marketplace
8. • 52% from the year 2000 no longer exist
• The iPhone = extinction of 27 business models
• Uber is 7 years old, valued at over $66 billion
• Snapchat valued at $10 billion after 4 years
10. Culture
Talent Process
Risk
Tolerance
The Traditional
Organization
Hierarchical
decision-making
Efficiency over
innovation
Failure is not
allowed
Innovation
through R&D
Most organizations are ill-equipped
to foster innovation
14. Business and IT
alignment
Business model
innovation and growth
Buyer sophistication and
state-of-readiness
Getting started
Innovation is still not the whole story