Explore solutions by selecting your industry

Industries

SparkBeyond

Driving impact from the unknown

SparkBeyond

Driving impact from the unknown

What it is

Self serve AI+Gen AI-enabled growth hunter will rapidly help answer growth related questions at scale

Dig deep and broad – To find the most valuable and unobvious pockets of growth

Rapid insights – We drive insights in minutes, that takes teams weeks to complete

Specific and granular results –​ Access to all publicly available knowledge (400B+ web pages, 120M+ patents, 50K+ news sources, etc.)

Synthesized ideas backed up with evidence and intuitive visualizations​ – Beyond what you can do with a Google or ChatGPT search

Self serve apps​ – that can be run by any colleague at the firm, anytime, for any industry

SparkBeyond helps thinking about new growth opportunities by answering various questions
  • What are the emerging technologies and trends in our industry?
  • To what new markets can I take my existing products​ or capabilities?
  • What are our competitors​ doing?
  • Which ones are the most attractive markets​ for me? What are the risks we should consider?
  • Who can we partner with/acquire/sell to​ (customers)?

SparkBeyond overcomes bottlenecks for breakthrough performance

1

Internal data provides only a partial view

Most impactful actions require external data

Dots between internal events and external events not connected

2

Cognitive bottlenecks looking for answers

Human limitation in highly-dimensional data

Existing biases limit of scope of answers

3

On-going need to adapt to changing conditions

Drivers continuously change

No capacity to run 24-7 deep research on all major KPIs

SparkBeyond finds novel client answers by:
  • Searching answers beyond client's data
  • Considering all possibilities of answers without bias; “boiling the ocean” to explore even the most complex combinations of factors
  • Continuing searching for answers dynamically; even as drivers, data, or the underlying conditions change on a day-to-day basis
Multiple modules designed to help provide growth-related opportunities:
  • Market sizing (incl ~10-15 sub-industries)
  • Competitor mapping and benchmarking
  • Trends Engine - mapping & prioritization for industry / area
  • Top applications of (re-purposing known products/technologies)
  • Sentiment mapping and implications (basis google place reviews)
  • Risks mapping and mitigation ideas
  • IP analytics and benchmarking
  • ‘Under-the-radar’ company scan
  • Sustainable alternates for client’s existing products / technologies
  • Circularity scan/benchmarking of companies

Check out a demo

How it works

Each application is a chain of multiple questions stitched together to create an automated, repeatable workflow

Click thumbnails to expand

User feeds in inputs like ‘field of interest’, ‘time period’, ‘trend themes’ …

Click thumbnails to expand

…within 30-60 mins, output report is generated with trend topics, auto-grouped and scored basis buzz in patents, publication, news, web

Click thumbnails to expand

Value creation lever

SparkBeyond identifies value creation levers across four categories

Factors affecting a problem

Unknown factors

      
Validate hypotheses

Ideate new ideas, explore the unknown

Known factors

Excellence in what is known

Learn from elsewhere; make it specific for us

Known

Unknown

Organization’s knowledge of factors affecting a problem

Excellence in what is known

Most companies act within this area to create value

SparkBeyond helps challenging existing assumptions and priorities with facts for unbiased action taking

Learn from elsewhere; make it specific for us

Traditional consulting approach helps companies extract value here with speed

SparkBeyond significantly increases traditional path’s speed and specificity, accelerating time to impact:

  • Comprehensive answers​ going beyond“top best practices” with long-tail factors
  • Tailoring answers specific to company context, customers, products and dynamics
Validate hypotheses

Companies exploring own hypotheses often find it difficult to act on them due to lack of a “common fact base”

Traditional consulting helps here with change management to make the transition

SparkBeyond complements existing company efforts by creating the “one source of truth”, turning hypotheses into facts: “Unknown knowns” of performance drivers become “known knowns”

Ideate new ideas, explore the unknown

Unsized and under-explored area of opportunity with potential breakthrough performance levers no-one has thought of before

SparkBeyond finds these performance drivers by creating and testing millions of hypotheses

Factors affecting a problem

Un-known factors

      
Validate hypotheses

Ideate new ideas, explore the unknown

Known factors

Excellence in what is known

Learn from elsewhere; make it specific for us

Known

Unknown

Organization’s knowledge of factors affecting a problem

Excellence in what is known

Most companies act within this area to create value

SparkBeyond helps challenging existing assumptions and priorities with facts for unbiased action taking

Learn from elsewhere; make it specific for us

Traditional consulting approach helps companies extract value here with speed

SparkBeyond significantly increases traditional path’s speed and specificity, accelerating time to impact:

  • Comprehensive answers​ going beyond“top best practices” with long-tail factors
  • Tailoring answers specific to company context, customers, products and dynamics
Validate hypotheses

Companies exploring own hypotheses often find it difficult to act on them due to lack of a “common fact base”

Traditional consulting helps here with change management to make the transition

SparkBeyond complements existing company efforts by creating the “one source of truth”, turning hypotheses into facts: “Unknown knowns” of performance drivers become “known knowns”

Ideate new ideas, explore the unknown

Unsized and under-explored area of opportunity with potential breakthrough performance levers no-one has thought of before

SparkBeyond finds these performance drivers by creating and testing millions of hypotheses

Here are some client examples

SparkBeyond helped a seed producer identify $120M+ commercial value leakage in over-discounting

Click thumbnails to expand

A chemicals manufacturer used SparkBeyond to increase granularity of forecast and detect when traditional forecasts would be inaccurate

Click thumbnails to expand

Rapid identification of 500+ ideas across ~10 industries of interest in ~1 week, prioritized ~15 growth opportunities for an EU based B2B software client

Click thumbnails to expand

By working with us, you will have access to

Experts

Our industry and functional experts will be on the ground where and when you need them.

Helpdesk

Our helpdesk will keep doors open and commit to addressing your concerns efficiently and effectively.

Training

We offer coaching and build capabilities for your teams to deliver sustained improvements.

Implementation

We partner with you and co-create a firm path to implementation as part of the project.

Connect with us to find out more

© 1996-2024 McKinsey & Company