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For large firms, the accelerating pace of digitalisation in modern business bears both opportunity and risk: On the one hand, it can be a source for significant growth. On the other hand, even small start-ups can quickly disrupt established core markets for big players. This makes innovation power a crucial factor for business success – and forces big companies to re-evaluate the way they organise innovation. Konica Minolta’s innovation approach is one of the best practices referenced in Capgemini Consulting and MIT Digital’s new research on “The Foundations of Corporate Innovation in the Digital Age”.
Innovation is a core virtue for Konica Minolta, from well before the digital era: for more than 140 years of its existence, the company has never stopped pushing the boundaries of technology for its customers.
Capgemini Consulting and MIT Digital’s report identifies three factors for a successful organisation of innovation in large corporations: the right innovation architecture, the right innovation sources and the alignment of the right capabilities. Konica Minolta’s innovation architecture spans the globe with its five Business Innovation Centres (BICs) on different continents. Their mission is to gain a deeper understanding of customers’ needs and deliver the greatest value by anticipating them, serving as core engines of growth for the company.
With regard to innovation sources, Konica Minolta believes that collaboration is a key driver for success. Therefore, it pursues an “open innovation” process, working together with clients, partners, independent research facilities and universities, to develop new offerings in the areas of The Workplace of the Future, Augmented Vision, Wearable Devices and Innovation as a Service. The BICs are the catalysts for change and success to deliver Konica Minolta’s future offerings. Finally, innovation is deeply anchored in the company’s culture of constant transformation, encouraging teams to take on its challenges:
The full report is available here:
About Konica Minolta Business Solutions Europe
Konica Minolta Business Solutions Europe GmbH, based in Langenhagen, Germany, is a wholly owned subsidiary of Konica Minolta Inc., Tokyo, Japan. With its unique expertise in imaging, data processing and data-based decision making, Konica Minolta creates relevant solutions for its customers - small and medium-sized businesses, large enterprises and public sector - and solves issues faced by society.
As a digital workplace solution provider, Konica Minolta helps its clients to identify and unlock the potential digitalisation holds and reach the next level in the digital maturity of their organisation by rethinking the workplace. In support of an ‘Intelligent connected workplace’, Konica Minolta offers cloud, IT, managed print and video solution services for remote working, collaboration, workflow management and automation and security. The company’s success in driving transformation is also confirmed by IDC, since the ‘IDC MarketScape: Worldwide Print Transformation 2020 Vendor Assessment’ stated that Konica Minolta is ‘recognised globally as a leader in print transformation’. Konica Minolta has been a Microsoft Global Managed Partner since 2021.
Konica Minolta's Igniting Print Possibilities offering helps printers, converters and brand owners maximise workflow automation to increase efficiency. The company delivers consultancy in all communication matters as well as top-of-the-line production, packaging as well as label printers. Its finishing devices create print products that stand out and create added value. Konica Minolta has established itself as the production printing market leader for more than a decade in Europe (InfoSource).
For an increasing number of organisations, success today is more than the narrow definition of financial prosperity – it also includes protecting the environment and having a positive impact on their workforce as well as the societies they are embedded in. With its commitment to the Sustainable Development Goals (SDGs), Konica Minolta has pledged to consistently pursue its sustainability and social responsibility goals.
The company has been repeatedly recognised for its rich history of social contribution as well as for working towards achieving the SDGs throughout its business and supply chain. Konica Minolta is listed among “2022 Global 100 Most Sustainable Corporations in the World” and received the highest level in EcoVadis Sustainability Ratings.
For its innovative service approach that complements their devices perfectly, Konica Minolta was awarded the prestigious ‘Buyers Lab PaceSetter Award for Serviceability and Support 2020/2021’ from Keypoint Intelligence.
Konica Minolta Business Solutions Europe is represented by subsidiaries and distributors in more than 80 countries in Europe, Central Asia, the Middle East and Africa. With approximately 8,700 employees (as of April 2022), Konica Minolta Europe earned net sales of over EUR 1.9 billion in financial year 2021/2022.
Worldwide, the company has over 39,000 employees and is operating in over 150 countries.
For more information, please visit https://www.konicaminolta.eu/eu-en/news and follow Konica Minolta on Facebook and YouTube.
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