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Roche | iR&D accelerator

iR&D Program is an innovative type of startup accelerator in a corporate, which helps solve the main problems that R&D Finance faces in their daily activities with the business, mainly scientists or program managers.

Firstly, R&D Finance evolved in a silo way with old ways of working offering little flexibility in terms of new technology and/or innovation in general. 

Secondly, the R&D finance world often lacks an understanding of what technology could bring in terms of efficiencies but also new insights. 

iR&D Accelerator Program is designed to overcome these barriers, ensuring that all stakeholders of the innovation ecosystem achieve their goals. The Program is a series of experiments leveraging a network concept and brings together all people, offering new competencies and new technology.  Any stakeholder can suggest an idea that will be assessed & prioritized in an incubator. Once the idea is accepted and value is validated, a new way of working is then enabled: assignment of a product owner, 90 days goal cycle, weekly sprint.  Each cycle is made of several 90 days goal with constant feedback along the development of a digital products. Participants share learnings, failure and adjust. 

Hence, the Program ensures a triple “win-win situation”.

Finance Enterprise partners find investment, networking, mentoring support and a new way to support their work, improving their long-term development strategy and get the opportunity to access new emerging technologies and gain efficiencies in term of time.

Business and scientists receive better support and can leverage Finance for better strategic insights and decisions.  

IT get access to business opportunities and real problem to solve. It engaged them to test new solutions and business hypotheses without significant costs, to increase the rate of scalability of the different digital products.

What makes iR&D Program so innovative?

  1. New level of partnership.  The network is made of + 40 people and grew significantly. Everyone in this network takes active part in helping R&D finance grow. iR&D Accelerator program brings together numerous Departments at Roche with strong industry competencies, which become partners of anchor partners of the accelerator tracks. Such partners include data scientists, IT, business, finance with a great male/female ratio diversity.
  2. Sustainability, multi-profile and strong community appeal. The Program is not a short-term, but rather a long-term tool for support of the R&D digital ecosystem. Hence, each couple of months a new track of the accelerator launches, which covers a new area. So far, the Program supported automation through dashboard but also AI & NLP solution to automate different tasks.  Entrepreneurs from various department visit the incubator, plug-in and plug out at the end of each innovative projects and experimentation. A sense of belonging is being created. More than 8 proofs of concepts have been developed, of which some have been scaled. 
  3. Practice-based approach. After having joined the program and its incubator,  customers can test the different products in practice and improve it based on the feedback they are providing. They gained new understanding and knowledge on how this technology helped them.

Hence, the Program makes the R&D Finance world more innovative, it also drastically breaks silos and conveys one approach to innovating.

It also fosters digital citizen engagement in innovative development by involving people of all gender, ethnicity, class, and age in testing innovations and welcoming their opinion & feedback.

The Program supports automation, the development of cloud solutions dashboards and also Insights.  

More than 60 people participated in the Program. They launched  +10 proofs of concepts and ideas with different partners in the organization and attracted many people with different skill sets. Some products have been scaled at a larger scale. 

The Program’s most well-known  products include:

AI Forecasting. Forecast Algorithm to replace + 70%  data entry points.

NLP Extract. Technology for creating, producing and automatizing more than 100K docs in one database and getting quick insights out of it.

Cloud Visualizations. Connecting multiple data sources for saving time and improving the level of insights. In less than 10 seconds you can make a better financial judgment by replacing + 50 excels across the organization

Insights Scenarios. Offering tools that enable real-time data and make decisions around headcount allocation 

Bots. Reconciling different systems and offering higher automation in the daily activities.

 

    Projects evaluation criteria

    Level of Impact
    40%
    Scalability
    30%
    Transparency
    20%
    H-Factor
    10%

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    VOTES

    Cédric

    10.00

    Vincenzo

    10.00

    Andrey

    10.00

    Ayomide

    10.00

    Cedric

    10.00

    Ercan

    10.00

    Gian Andri

    10.00

    Robert

    10.00

    Manuel

    9.75

    Salmon

    10.00

    Gregor

    9.50

    Stephanie

    10.00

    Simone

    10.00

    Kai

    10.00

    Erika

    10.00

    Adewale

    9.25

    Eduardo

    10.00

    Chinedu

    10.00

    Denitsa

    3.75

    Pedro

    10.00

    Stefano

    10.00

    Olusegun

    1.00

    Claudia

    10.00

    Matteo

    10.00

    Adam

    9.75

    Regina

    10.00

    Michael Philipp

    8.75

    Miroslav

    10.00

    Bartłomiej

    10.00

    Pooja

    10.00

    David

    10.00

    Claudio

    10.00

    Marcelo

    10.00

    Marina

    10.00

    Tina

    10.00

    Chenlu

    10.00

    Lukas

    10.00

    Dario

    10.00

    Rodrigo

    10.00

    Danielle

    10.00

    Graham

    10.00

    Anna

    10.00

    Giuseppe

    10.00

    Svenja

    10.00

    Stavros

    10.00

    Judit

    10.00

    Martin

    10.00

    Massimo

    10.00

    Frederic

    10.00

    Ling

    10.00

    Agnes

    10.00

    Dietrich

    10.00

    Laurens

    10.00

    Daniel

    9.75

    Daniel

    10.00

    Agnieszka

    10.00

    Joyelle

    10.00

    Ami

    10.00

    Daniela

    10.00

    Stefano

    10.00

    Jaap

    10.00

    Io

    10.00

    Andra-Maria

    10.00

    Baptiste

    10.00

    Valérie

    10.00

    Ninoslav

    10.00

    Radhika

    10.00

    Sandra

    10.00

    Maximilian

    10.00

    Adrianna

    10.00

    Bojan

    8.75

    otmani

    10.00

    Alain

    10.00

    Sebastian

    10.00

    Adriane

    10.00

    Andrejus

    10.00

    Maria

    9.00

    Bernd

    10.00

    Sergio

    10.00

    Aleksandra

    10.00

    Simone

    10.00

    Katja

    10.00

    Daniel

    8.50

    Max

    10.00

    Vesselin

    9.00

    Milan

    10.00

    M

    10.00

    Sumanth

    10.00

    Sodiq

    1.00

    Julian

    10.00

    Nicolas

    10.00

    Julian

    10.00

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