Accenture opens intelligent operations centre in Fukuoka, Japan

29 January 2019 Consultancy.asia

In line with the firm’s growth aspirations in Japan, global professional services provider Accenture has opened a new Intelligent Operations Centre in Fukuoka.

Fukuoka in Japan’s southern Kyushu island is the latest in Accenture’s connected global delivery network of more than 50 locations, with the professional services giant opening a new Intelligent Operations Center in the city. The move follows the opening of an innovation hub in Tokyo at the start of last year, and forms part of Accenture’s broader recent expansion in Japan with new facilities across the country.

The Fukuoka Intelligent Operations Center will offer clients access to the latest in digital solutions, including artificial intelligence, data analytics, and robotic process automation (RPA) technologies, as well as providing specific sector and business process expertise in areas such as accounting and finance, human resources, sales and marketing, and procurement – with a focus on helping to drive business innovation.

“Expanding in Fukuoka now gives clients more resources to address their need for automation and to improve the efficiency of their operations for superior business outcomes,” said Accenture Japan president and country managing director Atsushi Egawa, “Fukuoka’s innovative spirit and culture for open mindedness and new ideas makes it an ideal city for the new facility for the future of work.”Accenture opens intelligent operations centre in Fukuoka, JapanEgawa further noted Accenture’s 20 consecutive quarters of double-digit growth in the Japan, adding that the firm hopes its new Intelligent Operations Center, which will – “bring the best of Accenture’s global investments and insights to its clients on the ground in Japan, as well as providing advanced business processes from Fukuoka to the world” – will continue to accelerate the firm’s growth in the country.

In addition to the launch of its large-scale Innovation Hub in Tokyo, Accenture’s recent push in Japan over the past two years includes the expansions of its Center for Innovation in Fukushima and Hokkaido Delivery Center, as well as the expansion of its office in Kansai, while the new Fukuoka centre will join its Kumamoto Center (established in 2014) as one of two major locations in Kyushu providing business process services.

The Mayor of Fukuoka city, Soichiro Takashima said; “It is great news that Accenture, the global professional service company with many enterprise clients in Japan, opens an advanced operations center in Fukuoka. Working to attract advanced companies from all over Japan and other countries, Fukuoka welcomes the opening of Accenture’s new center to create jobs and to promote Fukuoka as an innovative city for Japan and the world.”

With a third of its population expected to be above the age of 65 by 2040, and approximately a quarter reaching the senior age demographic by just 2025, Accenture was in 2017 tapped by the city to help reimagine its current health and welfare policies and to establish the strategic plan for ‘Fukuoka 100 ~ Living Healthy for 100-Years’ – a set of innovative initiatives to support the health and long-term care of its aging citizenry.

While Accenture’s acquisition spree in recent years has been well-documented, including another burst of pick-ups in the past two months alone, the firm has also been busy expanding organically with the addition of innovation and delivery centres all over the globe. Some of the latest include an innovation hub announced for Shenzhen in China, a new security hub in the Scottish city of Edinburgh, and an innovation hub in Toronto, Canada, which will add 800 new jobs.

EY launches six-month financial services start-up incubator in Singapore

19 March 2019 Consultancy.asia

Professional services firm Ernst & Young is launching a start-up incubator programme in Singapore, with applications now open.

Following a successful first up launch in Sydney last year, global professional services firm Ernst & Young is now bringing its start-up incubator programme EY Foundry to its wavespace hub in Singapore, with applications for the six-month, rent-free residency open to eligible early-stage start-ups in the accounting, tax, fintech, legal- and reg-tech sectors open until the 26th of next month.

Kicking off in June, and with access to up to $120,000 worth of Microsoft Azure credits to build their technology stack, successful applicants will undertake a tailored learning programme based on EY’s deep business insights and tech collaboration know-how to further develop their own technology and accelerate cross-border growth, working alongside EY professionals and fellow entrepreneurs.

“We are excited by how our experience, scale and resources can help to unleash the potential of emerging technopreneurs in this space, and the difference this can make to Singapore's overall innovation footprint,” said EY Singapore’s Head of Tax Soh Pui Ming, adding; “Singapore has a vibrant start-up ecosystem and is well-connected with other innovation hubs in the region.”EY launches six-month financial services start-up incubator in Singapore To be eligible for the EY Foundry programme, aspiring entrepreneurs working in the tax, accounting, finance and law spaces should ideally have a technology or product-related start-up with a working prototype (or be working towards one) which is scalable internationally, with space limited to a maximum four employees per company. Eligibility to work in Singapore is also a requirement.

The inaugural Sydney cohort consisted of six participants from four start-ups, yet according to EY, the firm’s incubator space at its cutting-edge wavespace centre can comfortably accommodate between 15 and 20 people. Among other areas, practical elements of the programme include guidance on raising capital and M&A, company law essentials, R&D tax incentives, and pitching practice sessions.

While EY doesn’t provide any direct funding – and neither does it take an equity stake – participants will also receive support with networking and the opportunity to pitch to EY leaders. “By working with the smartest talent in the start-up space, we are unlocking new markets and innovation, building new relationships and ultimately better serving clients,” said EY Asia-Pacific tax innovation leader Jon Dobell.

Related: EY matchmaking platform helps raise $12 billion for ASEAN start-ups.