Elix-IRR has recently launched two Innovation Hubs in Silicon Valley and London. With these hubs, the firm will be able to provide its clients and start-ups strategic insights in technology and innovation and offer them practical approaches to creating business model innovation.
Elix-IRR is an in 2009 established management consulting firm that specialises in strategy, transformation, change and execution. The firm works for large clients in the banking sector, as well as organisations in the retail, manufacturing, energy and telecom sectors. Elix-IRR is headquartered in London and has since its establishment grown to 60+ employees, across offices in 5 countries*.
The recently launched Innovation Hubs are part of its continued focus on business model disruption and digital innovation. Within these hubs, the firm will work alongside leading entrepreneurs, venture capital firms, start-ups, as well as research labs of the established tech giants, and bridge the gap between these different firms. “We believe that corporations can learn a lot by understanding how start-ups think and work and equally, start-ups can benefit from the experience and networks that corporations can offer. As a young, entrepreneurial firm with experience supporting both communities, we believe that we are perfectly placed to help bridge this gap and can create value for start-ups and our corporate clients,” the firm explains.
The benefits of the new hubs for its clients are, according to the firm, fourfold:
- Scout and research the most promising and innovative technologies and map these to potential business model or operating model innovations for its clients.
- Connect its clients to the people behind those innovations and help them deliver, from proof of concept and syndication through industrialised rollout.
- Provide support and due diligence for potential investments, joint ventures or acquisitions.
- Host and support visits and executive meetings in Silicon Valley and London, providing education and insights to support discussions around disruption and innovation.
* London (headquarter), Dublin, Johannesburg, Cape Town and Al-Khobar.