With a 10+ year track record, our proven method reduces risk to achieve competitive advantage and bottom-line impact
Innovation is the lifeblood of good business. However, delivering tangible impact is no easy task.
All too often, innovation’s potential business impact is stifled and fails to achieve the results corporates are looking for. We take the risk out of innovation with a method that is proven to deliver.
The Wayra difference
Our method delivers
We prioritise quality not quantity for a stronger and more successful outcome.
We don't waste time on innovation theatre. We fast-track innovation for the edge you need.
We focus on the win-win: fundamental commercial & strategic viability for both start-ups and corporates.
We address key barriers to successful innovation:
Challenges and Our Solutions
The problem statements aren't nailed down from the start
We work closely with you, VCs and industry experts from the outset to define your real challenge
It’s hard to find the right start-ups with the ability to deliver
We expertly scout start-ups and can efficiently match you with exactly the right talent
Getting to a pilot is expensive, takes too long and can lose momentum
We expertly navigate complex organisations, bringing the know-how to build buy-in along the way
Successful pilots fail to achieve adoption and scale
We gear up both to fully commit, preparing them to scale up and roll out the pilot
Our method has four pillars
We explore the full picture of your business and how you engage with start-ups to deliver a venture strategy built around your organisation.
Map out your internal structure, stakeholders, processes & goals across all relevant business units to identify & mitigate bottlenecks when you start engaging with start-ups
Understand your innovation roadmap
Design a set of frameworks to deliver a successful venture strategy
We establish a clear problem thesis and search the venture market for the right solution.
Define a problem thesis which all key stakeholders buy into that takes into account real business needs, as well as the reality of what’s possible within the corporate.
Scout the venture market looking at every solution applicable to the problem statements
Refine the possible solutions based on commercial and product viability
Select final solutions proceeding to trial through an assessment day with key stakeholders
We onboard the selected start-ups and build the foundations and roadmap for a long-term commercial and scalable partnership.
Agree on trial goals & trial contract
Product integration process
Run the trial
Ongoing check-ups throughout
We scale the infrastructure built in the Trial phase to deploy the solution across the business.
Support the start-ups through the scaling stage for deployment with the corporates
Support for both sides to sign the commercial agreement
“Wayra’s fantastic understanding of the venture market and experience in open innovation, coupled with their speed of execution has been instrumental to successfully deploying the Edison™ Accelerator. Their method delivered tangible innovation outcomes and immense value for our core clients.”
Jan Beger, Senior Director of Digital Ecosystem, GE Healthcare
"Wayra’s understanding of businesses, commercials and technology to scout the market, identify and qualify possible solutions was invaluable. It would have taken ages to do ourselves and they really accelerated the process."
Elizabeth Ponsford, 5G IoT Applications Lead, Virgin Media O2 Business
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