Innovation as a key driver of business performance
The digital transformation represents a huge opportunity for Switzerland. However, the population will only accept the advance of digitalisation within society if trust in secure services and the correct handling of sensitive data is assured. The way in which Swisscom brings trustworthy innovations to the market for its customers will play a key role in both its own success and that of its customers. Trust in new technologies will become even more important going forward, which is why Swisscom aims to become ‘Innovators of Trust’ for Switzerland and its customers. Innovative strength and trust are core values of Swisscom and central to successful technological and social development. With this in mind, Swisscom is already addressing relevant and promising future topics intensively. Swisscom strives every day to delight its customers with the best products and services (‘Delight customers’). Swisscom is driving its growth by developing advanced products and services (‘Innovate for growth’). It also supports forward-looking solutions to make its own processes even more efficient, for example through process digitalisation (‘Achieve more with less’). Finally, Swisscom is focusing on innovation to help position itself as the best ICT employer, attract the best talent and retain it (‘Perform together’). In order to achieve this, Swisscom works closely with partners, universities, start-ups and established technology companies.
In its Silicon Valley office in California, Swisscom has been engaged in trend and technology scouting since 1998. The office comprises an innovation lab with its own data centre and serves Swisscom as a source of information on technology developments in the Silicon Valley ecosystem. It also maintains local partnerships with promising start-ups and leading US technology companies whose products and business models are then launched in Switzerland.
Swisscom Ventures has been investing in start-ups since 2007 and networking them with Swisscom in order to stimulate innovation. In the year under review, Swisscom made investments in nine new companies and eleven follow-up investments in existing holdings. These include Scandit, a leading smart data capture company. Additionally, Swisscom uses the Swisscom StartUp platform to support entrepreneurs and start-ups in Switzerland through consulting, discounts on IT and cloud services, expert know-how, coaching programmes, financing and community events.
The year under review featured the eleventh Swisscom StartUp Challenge, which was all about deep tech.
Over 240 start-ups from 27 countries have applied for a funding programme as part of the Swisscom StartUp Challenge. The three winners of the StartUp Challenge secured an opportunity to take part in a customised acceleration programme at the Swisscom office in Silicon Valley. They also gained access to the Swisscom ecosystem. They can now access workshops, coaching and a network that includes companies from the deep tech segment as well as investors. Swisscom Kickbox is an employee-driven intrapreneurship and innovation programme with a clear process, tools and resources for innovation projects. It promotes a culture of innovation within the company and works at various strategic levels: for example, in the development of sophisticated customer-centric products and services and in employer branding to help Swisscom attract the best talent. Swisscom Kickbox is also available to other companies via the spin-off rready AG.
See www.swisscom.ch/innovation