It was pleasure and great opportunity to have visited Innovative Hub of Accenture that has built a 4,40,000 sq ft centre in Bengaluru, dedicated to showcasing the innovations it has created to global clients who visit the city , as the IT giant looks at growing its footprint in digital offerings.   Accenture has worked with at least 50 Indian startups in creating pilots for the technology giant’s global clients and is working to become a conduit for its client’s innovation agenda, as it expands its startup programme in the country. The latest step is open-innovation-as-a-service, which helps clients look beyond Silicon Valley (Bangalore) for new ideas.   “Working closely with global clients, they are able to identify their hotspots and concern areas from a technology area. Every three months, they run four cohorts, to show the four-five most disruptive startups, who pitch to them. The ones they find the most compelling, they start into a proof-of-concept with them or a rapid prototype, all managed by Accenture.

Israel is often known as the Start-up Nation. Through its vibrant ecosystem and human capital, Israel generates more startup companies than large, industrial nations like Japan, China, Korea, Canada, Germany and the UK. There are nearly 6,000 active start-ups, with 1,300 start-ups being founded every year. Apart from favorable government policies, they have a strong military-backed platform for research..

Israeli startup ecosystem and its innovation is primarily its people and the necessity of self-reliance and innovation. and its culture of diversity and collaboration all add to this ecosystem.  Israeli universities like Ben Gurion University, Tel-Avi University and Hebrew University, with their R&D hubs are great incubation centres to drive innovation. VCs, accelerators, incubators, and industry programmes like JVP, JVP Media Labs, Cyberspark, WeWork, SOSA and TAU, are all designed with the right focus to back valuable startups. According to Israeli officials, “There is an atmosphere of openness and collaboration. Entrepreneurs want to give back to the country and its ecosystem. They support budding entrepreneurs and the culture of innovation.”

Israeli companies excel in providing cutting edge technologies and enhance R&D services. Companies in India can benefit from the advanced Israel technology. Relevant companies, interested to learn more on potential collaboration are invited to contact the Economic and Trade Department at the Israeli Consulate General in Bengaluru.

For further queries, contact: Kavitha Saravanan,
Trade Officer, Consulate General of the State of Israel, Bangalore,                                          Ph:+91-80-49406515.