Technopreneurship trends in southeast asia
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Transcript of Technopreneurship trends in southeast asia
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TechnopreneurshiptrendsinSoutheastAsiaPresentedby:ClarencePhua,ManagingDirector-AQUUSAsia
Know thy self, know thy enemy. A thousand battles, a thousand victories.
- by Sun Tzu, Author of the ancient Chinese: “Art of War”
systems
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TECHISEVERYWHERE;ANDINEXTRICABLEFROMOURLIVESANDBUSINESSES.
Thusforanyentrepreneurtoday,theremustbesomeformoftechnopreneurship
• AdvancedAnalytics• ArtificialIntelligence• CloudComputing• CloudServiceProviders• HighPerformance
Computing• InternetofThings• MachineLearning• NetworkTransformation• IT/PCsforBusiness
Automotive – Communications – Education– Energy–FinancialServices– Healthcare – Industrial – Retail
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Bureaucracy.Corruption.Nepotism.Languages.BusinessCulture.Ethnicdiversities.Skills&Training.Cronyism.IncomeGaps.Historicdifferences.Cartels&Syndicates.Religions.PoliticalSystems.Bureaucracy.Corruption.Nepotism.
Languages.BusinessCulture.Ethnicdiversities.Skills&Training.Cronyism.IncomeGaps.Historicdifferences.Cartels&
Syndicates.Religions.PoliticalSystems.Bureaucracy.Corruption.Nepotism.Languages.BusinessCulture.Ethnicdiversities.Skills&Training.Cronyism.IncomeGaps.Historicdifferences.Cartels&Syndicates.Religions.PoliticalSystems .Bureaucracy.Corruption.Nepotism.Languages.BusinessCulture.Ethnicdiversities.Skills&Training.Cronyism.IncomeGaps.Historicdifferences.Cartels&Syndicates.Religions.PoliticalSystems.Bureaucracy.Corruption.Nepotism.Languages.Business
Culture.Ethnicdiversities.Skills&Training.Cronyism.IncomeGaps.Historicdifferences.Cartels&Syndicates.Religions.PoliticalSystems.Bureaucracy.Corruption.Nepotism.
Languages.BusinessCulture.Ethnicdiversities.Skills&Training.Cronyism.IncomeGaps.Historicdifferences.Cartels&
Syndicates.Religions.PoliticalSystems
ASIAPRESENTSTHEMOSTDIVERSELANGUAGEANDCULTUREINTHEWORLD
AndSoutheastAsiaisthecrossroadofeast-westculturethroughthecolonialeraandgreaterchallengesofnumerousemergingmarkets
Foodandeatinghabitssimplypresentsthediversity,incomedisparityandculturalgaps
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Businessisbriskandpotentialisgreat,but…
Source: TechinAsia
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AccordingtotheTechinAsiaDatabase,StartupsinSoutheastAsiapulledinmorethaneverbeforefrominvestorsin2016.
TotalfundingintheregionhitUS$2.6billion,upover60percentfromthepreviousyear’sUS$1.6billion.
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Inspired,butlocalizedforSoutheastAsia
• SiuRui Quek ofCarousell - Singapore• ChangWenLaiofNinjaVan - Singapore• LeandroLeviste ofSolarPhilippines – Philippines• Iman UsmanandBelva Devara ofRuangguru - Indonesia• BennyFajarai ofQlapa - Indonesia• SashaTanofFavful - Malaysia• CheeHauGohandNadhir Ashafiq ofTheLorry - Malaysia• Raeesa Sya,Bfab - Malaysia• YeWint Ko ofBindez - Myanmar• Lusarun “Trumph” Silpsrikul ofPage365 - Thaliand
These20-somethings havedaredtocreatepromising businessesinarangeof sectors,including ecommerce,logistics,mobileapps,andevenrenewableenergy.
SeriesB&CraisedamongstthemrangedfromUS1.5mil-100mil
Rising“tech-stars”intheRegion
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DisparitiesofDevelopment• WithVietnamandPhilippinesearmarkedasthe
“high-growth”markets,SoutheastAsiaispoisedtobethelimelightfornewinvestments.
• Infrastructureandgeographicgapsposedchallengesforwidespreadoftechadvancements
• MaturedeconomysuchasSingaporevslargelyemergingmarkets
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SingaporeestablishingastheRegionalIPHub
IPValueLab,theenterpriseengagementarmoftheIntellectualPropertyOfficeofSingapore,aimstohelpbusinessescompetegloballythrough providingsolutions tocapturevaluefromtheirintangibleassets.
Makara Innovation Fund
Makara Capital’sInnovationFund(MIF)investsinsmall-to-midcapcompaniesthatdemonstrateprovenanddefensibleintellectualproperty/technologyandattractivepan-Asiangrowthpotential,supportingtheirstrategicdevelopmentalobjectivesincludinginnovationandinternationalisation.
LeveragingSingaporeasachoicehub,MIFdeploysaninterregionalapproachin(i) sourcinginnovativecompanieswithgloballycompetitive
technologiesandsolutions, and(ii) fosteringorganicandM&Astrategiestoaccelerate
portfoliocompanygrowth.TheFund’s sectorfocusincludes:urbansolutions (logistics,security,wastemanagement,etc.),advancedtechnologies(AI,bigdata,cyber- security,nanotech,etc.),fintech,alternativeenergy,healthcareandbio-med.
by the Intellectual Property Office of Singapore (IPOS) and home-grown private equity firm, Makara Capital
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SingaporeGovernmentAgencies,Foundations andMinistries
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Snapshotsofthebuzz
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Andontheconsumerfrontier,MobileAdoptionseesprolificgrowth;however,notlimited,therearesomechallenges
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DigitalAdoptioninSEAsiaMobile adoption in Asia is far ahead of the West, and SE Asia marks the highest rate
Asia has four of the top 10 markets when it comes to smartphone adoption.Singapore and South Korea are tied for 4th place at (91%)Malaysia, Vietnam, Thailand and Philippines are also very high
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InAsia,theonlineandofflineworldsareblurredMobiledrivesin-storesaleswhilstin-storeexperiencedrivesonlinesales
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TheChallengeisUserRetention,andtheSolutionisEngagement&Experience
The average Android app loses 77% of its daily active users (DAUs) within the first three days after the install, and 90% within the first 30 days
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MOVINGINTO“BRICK-AND-MORTAR”,SIGNALINGTHEDAWNOFNEWRETAIL:OMNI-CHANNELCUSTOMEREXPERIENCE
Amazon.com Inc.willacquireWholeFoodsMarketInc.for$13.7billion, abombshell ofadealthatcatapultsthee-commercegiantintohundreds ofphysicalstoresandfulfillsalong-heldgoalofsellingmoregroceries.
Overthepasttwoyears,Alibaba hasinvestedas
muchas$8billion inbrick-and-mortarretailing,
acquiringstakesinlocalsupermarketchainswhileprivatizingChineseluxurymallIntime for$2.6billion
inJanuary.
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Point-Of-SaleExperienceKey-findings• @TheRetailers
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Source:BostonRetailPartner–
CustomerExperience/UnifiedCommerceAnnual
Survey2016
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SHOPPEROFONE• Unifyin-storeandonline:
Unifyin-storeandonlineshopping experiencesandalignallsystemssothatcustomersfeeloneseamlessexperiencethattraversesmultiplechannels,including asingleunified inventory.
• Offerasingleview:DeployITsolutions thatofferasingleviewoftheshopperacrosstheenterprise.
• Accurateunderstandingofshoppers:Buildanaccurateunderstanding ofshoppersandunifycustomerdatafrombothonlineandofflinesources.
• ConsistentMessagingandInteractions:Deliverconsistentmessagesandmaintaintwo-wayconversationswithshoppers thatseamlesslyspantheshopper journey:physicalstoreandalldigitaldevicetypes(PC,tablet,phone,wearables)withoutcreatinganyfriction forshoppers.
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TakingitonattheFrontline– EngagingTheConsumersEngagementandInteractiontakesplacerightattheFrontline– TheRetail/SalesTouchpoint.
InaModerndayretailandoperations,aseamlessexperienceandmanagementdictatestheefficiencyandconsumerengagement.
TheFutureRetailStoreconcept isabout integratingtechnology ateveryTouchpoint
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TakingitonattheFrontline– UnifiedMobilityManagementEngagementandInteractiontakesplacerightattheFrontline–TheRetail/SalesTouchpoint.
Withtoday’stechnology, wecandeploya“One-Platform”DeviceManagementtoensure:• Instantand
DynamicContent• Consistent,yet
tailoredInteraction
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