In its 2020-2024 Business Plan Acea has included innovation investments worth 615 million euros with projects covering all the Group’s sectors.
Innovation is a central and constituent part of Acea Group’s strategy, not only in technological evolution terms but also in the adoption of a new culture in which innovation is a shared value at all company levels. We believe that if we get our people involved, motivated, and provide them with the adequate tools, they can contribute to the innovation of our company and our services.
Innovation is a lever that affects transversally all areas of the company, driving change and promoting continuous development and flexibility in terms of processes and in pursuing solutions.
Our new strategic and cultural approach introduces an extended concept of openness to internal ideas and resources as well as to technological solutions, tools and skills from external innovative entities, especially startups, SMEs, universities, research institutes, large corporations and consulting firms.
Innovation at Acea:
The Innovation area is part of this new ecosystem, a new way of interfacing with the outside world and promoting the culture of innovation and entrepreneurship.
As an innovation hub and collector of new ideas, the Innovation area facilitates value creation, promotes collaboration with the outside ecosystem, and encourages individual participation, to take on future challenges.
Ensures the development of innovation ‘as a service’. What does this mean? The logic behind the unit’s work is to facilitate innovation within the Group and support the business, following the Group’s innovation model, to generate value for Acea.
Acea’s main innovation activities
Openness and contamination are two key elements of Acea's innovation.
On one hand, Acea is open to the innovation world outside the company, nurturing a network of relationships with universities, research centers, technology partners, start-ups and SMEs. On the other, it aims to create an ecosystem that encourages collaboration and new ideas, promoting workshops and contests that facilitate the exchange of competences and knowledge.