Capital has published rankings in four categories: core business-related and non-core business innovations in industry and services. In core business-related innovations in the service sector, Wayra ahead of ERGO Innovation & Digital Transformation, SAP.io and Vinci Energies Digital. two previous years Wayra was still ranked second and third in the rankings.
“Wayra is a blueprint for how innovation hubs can work”
Wayra has been Relaunch in 2017 with a venture client model. Instead of investing in startups, the goal since then has been to establish Telefónica as a client of startups. This way, innovations can be implemented where they are actually needed in the specialist departments. Startups have the opportunity to grow through collaboration with real customers and revenue. Florian Bogenschütz, Managing Director at Wayra Germany, says:
"We are incredibly pleased about this award because it demonstrates how much we have developed since our founding nine years ago. The entire team has always gone the extra mile to connect Telefónica with the best startups. This way, we are able to solve the challenges of the Group's business units with the most innovative products on the market – for example, in the area of 5G technologies."
The first place in the Capital ranking shows that venture clienting is the best way to bring startups together with established companies.
“The result of the study makes it clear that we as Wayra actually stand as a blueprint for how innovation hubs can function,”
says archer.
"Our recipe for success is an approach based on clear principles. We only seek innovations that are truly relevant to Telefónica's business units."
