LanciaConsult toasts successful logistics-tech event in Singapore

23 January 2019 Consultancy.asia

Growing business advisory LanciaConsult has toasted a successful international logistics conference held in Singapore at the end of last year.

Founded by former Accenture executives Jeffrey Cronkshaw and Isabella Jeng in 2012, IT systems and business management advisory LanciaConsult has grown from its Singapore base to include further locations across the UK and Germany, with the firm providing consulting, design and implementation services to partners in the health, pharmaceutical, utilities, retail and logistics industries among others. Recently, the firm hosted an international logistics conference in Singapore.

Held at the end of last year, the #BeingRelevant2018 event brought a diverse collection of leading emerging logistics tech firms from across Europe and the Asia Pacific together with key industry and investment professionals for a series of talks and networking opportunities, with conference themes covering areas such as Autonomous Guided Vehicles (AGVs), blockchain, and assisted or virtual reality. 

Providing an insight into the future of a tech-enable logistics industry, the evening’s talks – kicked off by an address from Thierry Driesens, Chief Digital Transformation Officer with Deutsche Post DHL – looked into the impact of rapidly emerging 4.0 technologies such as artificial intelligence and the internet of things on supply chain tracking, warehousing, mobility, transport and field service management.LanciaConsult toasts successful logistics-tech event in Singapore Featured participants from the logistics technology start-up realm included, among many others; Nicolas Chibac, CEO and founder of SPHERIE, a Hamburg-based firm which has developed a 360-degree virtual reality drone with unobstructed visibility; and Dhruvil Sanghvi, CEO of Mumbai based firm LogiNext, which provides logistics and field service management solutions utilising automation and big data analytics.

Welcomed by Ralf Schmidt, Hamburg’s Ambassador to Singapore, and LanciaConsult Group Managing Director Jeff Cronkshaw, altogether more than a dozen cutting-edge logistics technology start-ups from across Germany, Singapore, India and Hong Kong participated in the discussions, with support provided by a number of international logistics enterprises and economic development and trade bodies.

Feedback from the event has been unanimous in its praise, with German logistics-focused blockchain and implementation consultancy CHAINSTEP citing #BeingRelevant2018 as one its highlights of the year. DHL’s Thierry Driesens was also complimentary in his response, saying; “Thanks for giving us the opportunity as a key-note speaker to share DHL’s Accelerated Digitalisation approach to these amazing startups.”

Beijing and Tokyo emerge as serious tech hub rivals to Silicon Valley

12 April 2019 Consultancy.asia

As Silicon Valley struggles with a number of institutional issues, the location of the world’s top tech-hub may ultimately change – with Beijing and Tokyo emerging as serious contenders according to a survey conducted by KPMG.

Now into its seventh edition, KPMG’s Technology Industry Innovation Survey quizzed over 700 global tech executives on their thoughts on the future industry landscape – revealing that for the first time more than half of the respondents (58 percent) believe Silicon Valley will no longer be the technology innovation center of the world in just four years from now, with Beijing and Tokyo seen as two possible usurpers.

“Many factors affect a city’s perception as an innovation hub, including favorable government policies and incentives, accelerators, tech parks, corporate investment, state-of-the-art infrastructure and, in all cases, at least a few highly successful and wildly popular success stories,” said Peter Laco, an Executive Director at KPMG in Slovakia, of the previous survey.Top contenders for the next world-leading technology innovation hubWhile New York remains the most touted hot-spot among respondents, Beijing and Tokyo landed in the second and third spots as likely contenders for the global tech-hub crown, with seven Asian cities featuring among the top dozen; Shanghai (in equal 5th, but overtaken by Beijing), Taipei (in joint-5th as a notable riser), Singapore and Seoul (at 7th and 8th) and Hong Kong, which rounded out the top dozen. Shenzhen, meanwhile, has dropped outside the top 20.

With access to talent and quality infrastructure remaining key attributes for a successful hub, the report states that, despite all the positive business factors present in Silicon Valley, “an escalating cost of living, questions about diversity and corporate cultures, high business taxes, an overmatched infrastructure, and even increasing scrutiny into data privacy and other business practices are contributing to the perception that Silicon Valley may not continue to dominate.”

Still, the US (which also featured seven cities among the top 20) as a whole is still considered the country expected to produce the most disruptive technologies in the coming years, maintaining its top spot ahead of China despite a narrowing of the gap by two percentage points on last year (to 23 percent against 17 percent). The UK meanwhile has gained some separation on Japan in fourth, while Singapore, South Korea and India appear among the top ten.Countries that show the most promise for disruptive technologyTo gain further insight into the likelihood of a burgeoning tech-hub reaching the peak of the global pecking order, KPMG analysed the results of the survey against a range of other city indices, including A.T. Kearney’s 2018 Global Cities report and Mercer’s Quality of Living rankings – identifying Singapore as the most consistent Asia Pacific performer across the board, with Tokyo, Seoul, and Hong Kong lagging in a variety of areas.

“The belief that Silicon Valley will be displaced as the leading hub underscores the continuing decentralisation of technology innovation, spurred by investment in other cities and regions globally, as well as contributing factors in Silicon Valley,” says Tim Zanni, KPMG’s global technology sector leader. “Even when faced with pressing issues that call for funding, cities and countries are carving out significant investment to become a technology innovation hub due to an expected broad economic impact.”