This report from Gartner looks at the winners and finalists of the 2018 Gartner Eye on Innovation Award for financial services in Asia Pacific selected during the Gartner Symposium/ITxpo 2018 held last week on the Gold Coast, Australia. For this week’s posts, click on the paragraph links.
Sramana Mitra: Capital-efficient company building that goes straight into acquisition is a very good model for entrepreneurs, especially entrepreneurs doing it for the first time. I see no problem at all with that model. I think it’s a great model. Milos Sochor: I hope we play a big role. Like I said, Y Soft has
Sramana Mitra: I have a couple of questions on this one. What is the competitive landscape of something like this when you’re investing in something like this in your local geography? Milos Sochor: They’re often mistaken with companies that provide Bluetooth and RFID technologies. I would move those more into the consumer space. Savio provides
Ravi Mohan: The last company is a company called Analpan. Anaplan is really taking Excel and putting it in the cloud so businesses can plan better and really model any type of business problem. How do I do my financial plans for the year? How do I do my workforce plans for the year? They’ve
Sramana Mitra: How big a company do you think you can build? Obviously, you probably have a sense of the total market that you can access. What is the size of that market? Gene Caballero: The landscaping industry is about a $9 billion a year industry. Our TAM is almost limitless. In 2019, we want
Milos Sochor: What I just said might sound pretty big, but it’s not. By US standards, it’s a small venture fund. We started the first one with only $4 million. We have invested in five companies. We are able to do more with less money in this part of the world because of very favorable
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Sramana Mitra: One of my observations is, if you’re doing a pure logistics play, it’s getting harder and harder even in niche e-commerce. Amazon is so comprehensive. The big categories are all taken. The way to differentiate is with new branded products. What you are layering on to that is the notion of repeat purchase