The 1st edition of Accenture Ventures Industry X.0 Challenge aims to recognize Indian start-ups who have solved the most innovative and challenging B2B use cases in Industry X.0.
Winners will receive an ‘orbit-shifting’ array of enablers and benefits that will help propel the start-ups to their next level of growth.
Know more about Industry X.0
Why you Should Apply?
WHAT IS INDUSTRY X.0?
Industry X.0 is the digital reinvention of industry.
Industry X.0 businesses embrace constant technological change and profit from it. They move beyond experimenting with IT bundles or SMAC (social, mobile, analytics, cloud) stacks, combining digital technologies to drive both top-line and bottom-line growth. Industry X.0 businesses incorporate Industry 4.0’s core operational efficiencies, but also leverage combinations of advanced digital technologies to continuously create new, hyper-personalized experiences in both a business-to-consumer and business-to-business context.
They also boast four distinct value characteristics. Industry X.0 businesses are:
Every product and production process is self-monitoring, data-generating, and aware of its ever-evolving business context.
Communications are end-to-end and multi directional, while data-sharing among people,products,systems, assets and machines happens in real time.
There is an enterprise-wide cultural capability to act with speed, focus, and agility, to meet needs and seize opportunities.
Adaptive interactions help create increasingly relevant and valuable user experiences over time.
For startups with innovative solutions to improve the performance of supply chain and logistics for enterprises
R&D and engineering solutions
For startups with unique solutions in the R&D and Engineering domains which helps enterprises to improve performance and achieve breakthrough innovations
Manufacturing and production
For startups with new solutions that transform the manufacturing process to save costs and improve overall performance
Support and services
For startups with innovative solutions in post-sales support and services for superior customer experience
Technology and Solution areas covered in the challenge
Employee Assistance & Experience
Internet of Things (IoT)
Who can apply
Startups with operations in India who have
Solved B2B problems in any of the above categories and
Have an annual revenue of at least $100K in last reported Financial year
A startup can apply in multiple categories
Criteria for shortlisting finalists
Uniqueness of the solution
Realized business benefits
Scalability of the solution
Benefits for the winners
The opportunity to partner with Accenture and deliver innovative solutions for G2000 Enterprises
Invitation to join a special Industry X.0 cohort program (mentorship & all benefits of “Open Innovation Partner program") or Co-creation opportunities at Accenture Ventures CoE at the highly talked about Accenture Innovation Hub in Bangalore
Opportunity to pitch to CXOs of Accenture’s Indian and Global clients
In addition to this, the winners will get an exclusive presentation opportunity to a group of highly influential industry influencers and business leaders in India
For any questions or queries, please reach out to firstname.lastname@example.org and ensure you include your phone number in your message.