Corporate Innovation – The SquadS Ventures Model
Posted: Sat Dec 28, 2024 9:08 am
Latin America:
Technology Adoption : A study by IDC Latin America shows that only about 30% of large companies in the region have implemented large-scale digital transformation strategies. Many of these initiatives are still in the early stages of development.
Collaboration with Startups : According to the Latin American Internet Association (ALAI), less than 5% of corporations in Latin America collaborate with startups. The lack of a robust ecosystem and risk aversion are factors that limit these collaborations.
Investment in Innovation : Corporations in Latin America allocate, on average, less than 2% of their annual revenue to innovation and digital transformation initiatives. This figure is significantly lower compared to US companies, reflecting a lower priority assigned to technological innovation.
Statistics indicate that corporations in the United States are considerably more advanced in their digital transformation and collaboration with startups compared to their Latin American counterparts. This disparity represents an opportunity for Latin American companies to learn from successful models in the United States and accelerate their own digital transformation through strategic partnerships with startups.
At SquadS Ventures, we have developed a model that we believe can help Latin American corporations overcome these challenges and transform their approach to innovation.
Our model is based on a collaborative partnership where the traditional company usa mobile phone numbers database (which we affectionately refer to as “corpo”) presents the problem it needs to solve or the opportunity it is pursuing.
SquadS analyses the case and, if it is a market need that can be met with a SaaS technological solution, it designates a Squad team and begins to work on the solution.
This approach allows corporations to access innovative solutions without the need to have an expert team in-house or make large investments before testing the viability of the product.
In addition, corporations can test the product and pay only for the service they hire, without being obliged to acquire the startup. This minimizes risks and maximizes potential.
Technology Adoption : A study by IDC Latin America shows that only about 30% of large companies in the region have implemented large-scale digital transformation strategies. Many of these initiatives are still in the early stages of development.
Collaboration with Startups : According to the Latin American Internet Association (ALAI), less than 5% of corporations in Latin America collaborate with startups. The lack of a robust ecosystem and risk aversion are factors that limit these collaborations.
Investment in Innovation : Corporations in Latin America allocate, on average, less than 2% of their annual revenue to innovation and digital transformation initiatives. This figure is significantly lower compared to US companies, reflecting a lower priority assigned to technological innovation.
Statistics indicate that corporations in the United States are considerably more advanced in their digital transformation and collaboration with startups compared to their Latin American counterparts. This disparity represents an opportunity for Latin American companies to learn from successful models in the United States and accelerate their own digital transformation through strategic partnerships with startups.
At SquadS Ventures, we have developed a model that we believe can help Latin American corporations overcome these challenges and transform their approach to innovation.
Our model is based on a collaborative partnership where the traditional company usa mobile phone numbers database (which we affectionately refer to as “corpo”) presents the problem it needs to solve or the opportunity it is pursuing.
SquadS analyses the case and, if it is a market need that can be met with a SaaS technological solution, it designates a Squad team and begins to work on the solution.
This approach allows corporations to access innovative solutions without the need to have an expert team in-house or make large investments before testing the viability of the product.
In addition, corporations can test the product and pay only for the service they hire, without being obliged to acquire the startup. This minimizes risks and maximizes potential.