Recently, Slough Bennagui, the Accenture Institute of Technology and the head of global technology research and development within Accenture, interviewed the business value. Mr. Bennagui, head of the annual Technology Outlook study, which writes Accenture's future corporate IT trends, talked about the impact of Silicon Valley's spirit on Chinese start-ups and the process of analyzing and screening technology foresight.
Bennagui, an entrepreneur who has founded two companies in Silicon Valley, has talked about the Silicon Valley Spirit's impact on Chinese start-ups, summing up four elements of Silicon Valley's spirit:
The first is intelligence and talent, such as the wisdom of entrepreneurship, and the entrepreneurial spirit willing to try risk, which is very common in Silicon Valley. Talented entrepreneurs often have the following characteristics: first, willingness to take risks. In Silicon Valley, if someone started a business, even if the business went bust, he would not be seen as a loser, but as an entrepreneur who had accumulated experience. This culture is very different from other parts of the world, including Europe, India and China. In these countries, people are encouraged to work for big companies, and if the business collapses, he will be seen as a loser. But in Silicon Valley, culture is completely different.
The second key success factor is the ability of entrepreneurs to quickly acquire technology and access to other relevant technology-oriented enterprises. Many of the world's top IT companies are headquartered in Silicon Valley, so if anyone is thinking about running a business in Silicon Valley and technically encountering problems, it will be able to find collaborative resources within a 10-mile radius.
The third success factor is that the cradle of innovation tends to have top universities, with two of the world's most prestigious institutions in Silicon Valley, Stanford and UC Berkeley, and a similar situation in Beijing, with Tsinghua and Peking University, one of the world's top universities. But the difference is that at Stanford and Berkeley, both professors and students have a cultural atmosphere that encourages innovation, and schools encourage students to work in startups after graduation.
The other is that innovative companies can get capital support, for example, in Silicon Valley to prepare themselves for a business, you can actually look for a variety of funds according to the need. There will be a seed fund for new businesses, which could be as low as 5000 dollars. As companies grow, you may need 1 million to 2 million dollars, and VCs will provide the money, even if you need 100 million or 200 million dollars.
Bennagui also stressed that the above four elements are not a single one to determine the success of Silicon Valley, but the four unique integration of the Silicon Valley is a unique innovation culture. Therefore, China's development of innovative economy, can also learn from experience.
How to analyze and select new technology development trend?
As the head of Accenture's annual technology Outlook study, Mr. Bennagui describes how the company's internal analysis and screening of new technology trends is under way. He stressed that this was a very delicate process. All employees at Accenture Technology Labs will submit ideas about new technology trends through internal communication tools and social platforms. The company will submit the idea through the internal social platform and polling platform for the selection. In addition, Accenture will open a dialogue with customers. Each year, Accenture invites representatives of hundreds of clients to their labs and talks with them on hot topics. At the same time, Accenture will also consult outside experts and venture capitalists to find technical hotspots in the current society. In addition, Accenture will also discuss with leading figures in technical research and development in institutions of higher learning. Finally, Accenture will draw conclusions from the above process and summarize the new Year's Technology development trend report in the light of the technological trends and the implications for the actual application of the client enterprise. As planned, Accenture's 2014 technology Outlook will be launched early next year.
For the Accenture Analysis technology development Trend selection criteria, Bennagui stressed two points: the first standard is for Accenture's customer enterprises, those who are not meaningful to the pursuit of excellence in customer performance technology is not selected into the report. Second, Accenture looks at the technologies and trends that will have an impact over the next 3-5 years. If a technology is interesting, he says, it may take 10 years to produce a real business impact. This will not be included in Accenture's technology outlook. This is the dimension that Accenture uses when it selects 7 technology trends in 2013, and the same standards are used in 2014.