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Large-scale projects vs. continuous innovation – which will prevail?

Large-scale projects vs. continuous innovation: which brings more value to your company?

Budget planning for next year is coming up – and with it the question: should you invest in a large-scale project spanning several years or focus on iterative innovation?

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The illusion of the ‘big solution’

Many companies face a dilemma: their existing IT platform is reaching its limits. Core processes such as billing, finance and production are running smoothly, but additional functions cannot be implemented – either because the software is outdated or because of vendor lock-ins. The classic response? A multi-year transformation project involving RFIs, RFPs, demos and an implementation that takes two to four years.

But the reality is often different:

  • High risks: Studies such as the CHAOS Report show that 60–70% of large-scale projects miss their targets or fail.
  • Tied-up business: During implementation, the specialist team is heavily involved – and is not available for strategic innovations.
  • Uncertain future: In four years, the original objectives may already be obsolete. Who can say today which productivity gains will still be relevant then?

The alternative: iterative innovation as a strategic lever

What if you could protect your existing investments while introducing new features quickly, flexibly and without disruption?

This is exactly where the iCore approach comes in:

  • Tactical bridge: use off-the-shelf components to fill gaps while the “big project” is still in the pipeline.
  • Strategic agility: Innovations are introduced step by step – without years of waiting or risks.
  • Continuous value: Instead of waiting for a ‘big bang’, you generate immediately measurable benefits and adapt dynamically to market changes.

Why CIOs and managing directors should act now

  1. Risk minimisation: Avoid the pitfalls of monolithic projects – opt for modular, scalable solutions.
  2. Focus on core business: Your team remains free to pursue strategic initiatives instead of getting bogged down in implementation details.
  3. Future-proofing: In a rapidly changing world, adaptability is the key competitive advantage

Conclusion: Large-scale projects are not wrong per se – but they should not be the only option. With an iterative innovation approach such as iCore, you can secure existing investments, reduce risks and remain agile. The question is not whether you innovate, but how you do it – quickly, safely and with an eye to the future.