What is the definition of an industry accelerator?

An industry accelerator is primarily a set of entity definitions specifically designed to help organizations implement solutions tailored to their industry needs quickly and effectively. These accelerators provide preconfigured data models, processes, and templates, which can streamline the deployment of solutions within the Microsoft Power Platform. The intention is to reduce the time and effort required for businesses to adapt the technology to their specific circumstances and requirements, thus enhancing productivity and efficiency.

The concept of industry accelerators aligns closely with the idea of leveraging predefined configurations that adhere to best practices, thereby enabling organizations to focus on customization and value addition rather than starting from scratch. This characteristic distinguishes them from other options, such as paid applications or productivity software tools, which serve different functions within the ecosystem.