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Deloitte's Innovation Garage

Innovation-as-a-Service

About Deloitte's Innovation Garage

We know that the pace of innovation and emerging technology is evolving more quickly than before. Some emerging technologies have the “staying power,” whilst others seem to “fizzle” with a promise not realised. Each innovation comes with its own business, security, and often regulatory risks. Since innovation, by its nature, is new territory, some risks can go unnoticed, resulting in cost overruns. Therefore, knowing how to manage risks can make the difference between success and failure.

Deloitte's Innovation Garage safely takes you from exploring to harnessing innovation. The Innovation Garage brings together Deloitte’s deep industry knowledge and collaborative initiatives to form new ways to meet your needs through innovation.

                                                                               Insights. Ideas. Innovation

2025:

Second edition of Deloitte’s: Innovation Garage: Driving growth through innovation

Deloitte’s Innovation Garage offers the opportunity to explore emerging technologies, refine strategies, and transform processes to fuel meaningful growth. With a focus on creativity and alignment, the Innovation Garage empowers businesses to harness cutting-edge solutions like 5G, IoT, industrial metaverse, and more—all while fostering collaboration and addressing real world challenges.

The second edition of Innovation Garage was hosted at Deloitte’s Center for Innovation and Technology, Bengaluru, India on 26th March 2025. Led by Nicolai Anderson, Global Strategy, Risk & Transactions leader, Deloitte; Nitin Mittal, Global AI Leader, Deloitte; and Anjani Kumar, Partner, Deloitte India, it covered themes such as growth, breaking innovation myths, unlocking the future of innovation, and more.

It also hosted a panel discussion with industry leaders on hardware and infrastructure play in taking a technology to newer heights.

There were conversations on growth and how it is not just defined by the technology but collaborative ecosystem, structured execution, and real-world applications. By fostering collaboration and aligning execution with strategy, organisations can create and ecosystem that is suitable for driving innovation and sustainable growth.

2024:

Launched: Deloitte's Innovation Garage: Unlocking the future of Innovation-as-a-Service

Nitin Mittal, Global AI Leader, Deloitte; Nuno S. Gonçalves, Partner, Global Consulting Emerging Technology & Innovation Leader, Deloitte; along with Harsh Kapoor and Anjani Kumar, Partners, Deloitte India, in the presence of various industry subject matter experts and business leaders, launched Deloitte's Innovation Garage in India on 21 May 2024 at Deloitte Knowledge Centre, Mumbai.

It was a delightful experience at the successful launch of this offering, where we
explored the fundamentals of innovation in a power-packed and action-packed
fireside chats, panel discussions, and live demos of our assets.

With Innovation Garage, businesses can move from merely exploring innovation to harnessing it whilst aligning themselves with the changing times simultaneously using a large number of technologies like 5G/6G, IoT, Industrial Metaverse, Space Tech, Physical Robotics, Nanotech.

It’s time to prioritise a future-focused approach that not only manages risk but also delivers value and helps lead with purpose.

Build your innovation roadmap. Future-proof your efforts. Lead with purpose.

India Market Insights

  • 9 Indian banks have been recognized as ‘Digital Champions’ out of 40 banks being awarded the title globally
  • India’s DBM Index has grown from 43% to 59%, witnessing a 16-percentage point (pp) increase
  • Indian digital champions have outperformed global digital champions across most journey steps, with India’s overall DBM Index of 59% exceeding the global average DBM Index by 20 percentage points (pp)