60 Corporate Incubators Shaping Our Future

Corporate incubators have stopped being a side project and become the vehicle for digital transformation. Sixty of them here, with what they are used for, the technologies they run on, and where in the world they sit.

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70 pages · PDF and online
What you walk away with
  • Sixty corporate incubators, examined across industries and countries
  • What they are actually used for, from transformation to employee-led innovation
  • The technologies and focus areas that recur, and the ones that do not
Drawn from venture work with
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Why this report exists

The incubator became the transformation vehicle.

Not a lab on the side. These incubators are used to move the parent company: to turn employee ideas into a competitive advantage, to reach growth outside the core, and to put new technology into an old business without waiting for the old business to change.

8

years, the average age of a corporate incubator in the set

21

of the sixty are based in the United States

32%

run employee-led innovation initiatives

100%

use technology as the engine, whatever the industry

Figures describe the sixty incubators analysed in this report.

The incubator is no longer where ideas go. It is where the company changes.

What changes

Sixty incubators, and the six things they are for.

The same purposes recur across industries, and so do the technologies behind them.

What they are used for

Know what an incubator is actually being asked to do

  • 1Spearheading digital transformationThe incubator as the parent's change vehicle
  • 2Employee-led innovationTurning disruptive internal ideas into advantage
  • 3Growth beyond the coreNew business models, new tracks, new markets
What they run on

Know which technologies and focus areas recur

  • 4The technologiesAI, blockchain, biotech, cloud, robotics, automation
  • 5The internal focusStreamlining process and improving customer experience
  • 6Sustainability and circularityAn increasingly common goal across industries
Inside the report

Built to compare, not to browse.

60Corporate incubators examined
6Key insights across the set
70Pages of analysis
1Country-by-country breakdown
Pages from the report
01Corporate Incubators per Country
02Leo Innovation Lab
03Lowe’s Innovation Lab
04Verizon Innovation Labs
05Volvo Innovation Lab
06The Customer Lab

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