The transformation of large companies through links with startups

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The La Nación article , written by Laura Ponasso, highlights several specific cases where large corporations have sought transformation through startups. A relevant example is that of Accenture, which has implemented an open innovation approach to integrate new technologies and agile methodologies into its operations. This strategy has not only allowed them to stay ahead, but also to improve their responsiveness and adaptability in a constantly changing business environment. It also mentions how companies in the financial sector, such as BBVA, have invested in fintechs to modernize their services and offer better experiences to their customers.

The most important points of the article underline the urgent need for corporations to innovate in order to remain competitive. Ponasso highlights that in the United States, more than 50% of large companies collaborate with startups, while in Latin America this figure is less than 5%. This contrast highlights a significant opportunity for companies in the region. The article also mentions the various methods that corporations have tried, such as incubation, acceleration and CVCs, and how these approaches have often not usa mobile phone numbers database produced the expected results. The key, according to the article, lies in the need for quick results and risk reduction, something that SquadS can provide through its partnership model and tailored startup creation.

Corporate transformation in the USA vs. Latam

Digital transformation in the corporate world presents marked contrasts between the United States and Latin America, evidenced by various statistics that illustrate the differences in the adoption of technologies and collaboration with startups.

USA:
Technology Adoption : A McKinsey study reveals that approximately 70% of large corporations in the United States have implemented digital transformation strategies, seeking to improve operational efficiency and customer experience.
Collaboration with Startups : According to a report by Accenture, more than 50% of US corporations actively collaborate with startups. This collaboration takes various forms, such as direct investments, acceleration and incubation programs, and strategic partnerships.
Innovation Investment : U.S. companies spend, on average, 5% to 10% of their annual revenue on innovation and digital transformation initiatives, which translates into billions of dollars annually.