ABeam’s Indonesia arm aligns with AGIT on digital transformations

12 June 2018 Consultancy.asia

In an effort to enhance its digital transformation capabilities, the Indonesian arm of Japanese management advisory ABeam Consulting has signed a strategic alliance agreement with digital services firm Astra Graphia Information Technology. Meanwhile, ABeam has expanded into Vietnam with a new office in Ho Chin Minh City.

With close to 5,000 consultants working from 26 offices across 12 countries, the Japanese-headquartered ABeam is one of the largest Asian players in the management consulting realm, spun out of a Deloitte Touche Tohmatsu buy-out in 2003. Since then, the firm has pursued a course of international expansion, with an outlet – its seventh in Asia – launched in Ho Chi Minh City last week as a reflection of Vietnam’s rapidly developing economy.

In addition to organic growth, with the new Vietnamese branch joining bureaus stretching from the US and Brazil to Germany and the UK, ABeam has also forged a partnership path to enhance capacities and expertise in various service lines. In 2011, the firm forged an alliance with the Amsterdam-headquartered tech and management consulting firm BearingPoint, another ex-Big Four product; this time a breakaway of KPMG, while more recently ABeam has struck partnerships with artificial intelligence and data software firms Orbital Insight and Spotinst.

Now, ABeam’s Indonesian arm, which was itself established in 2011, has entered into the firm’s latest strategic alliance, agreeing to cooperate with the local ICT and digital services firm Astra Graphia Information Technology (AGIT), a member of the Astra International conglomerate – which, pulling in revenues of nearly $15 billion last year, is one of Indonesia’s largest listed companies. AGIT, in turn, counts SAP, Microsoft, IBM, Oracle, Cisco, Hewlett Packard and Dell among its many technology partners.ABeam's Indonesia arm aligns with AGIT on digital transformations“In responding to the business expansion of global and local enterprises, the strategic alliance with AGIT will bring clients more complete and robust digital transformation services, including IT strategy, process improvement, and various digital solutions. This collaboration will also make it possible to provide the right resources in a timely manner,’ ABeam said in a statement, highlighting Indonesia’s status as an attractive market for business expansion, with the world’s fourth-largest population and GDP growth forecast at 5.3%.

Takeya Mochizuki, ABeam Consulting Indonesia Managing Director, added; “Through this collaboration, ABeam will be able to provide a more robust team to help clients improve their operations and IT. This alliance will form a strong collaboration that will bring success to our clients and continuously contribute toward enhancing their corporate value.”

In terms of software partners, ABeam has in just the past weeks joined the ‘SAP Leonardo Partner Medallion Initiative’ as an initial partner, enabling the firm to accelerate the pace of its digital transformations through the SAP Leonardo Partner Industry Accelerator – which ‘combines a wide range of data possessed by companies with state-of-the-art technologies such as IoT, machine learning and Blockchain’ – as well as partnering with the Skywind Software Group for Skywind 4C, a real-time monitoring solution to be incorporated into ABeam’s Cloud service.

Leading South Korean law firm Yulchon joins Taxand global network

19 April 2019 Consultancy.asia

Global tax specialists Taxand has admitted a new member firm in South Korea; Yulchon, pushing the network’s representation to 48 countries worldwide.

Born in 2005 in the wake of the Enron scandal as an alternative, independent tax-focused enterprise, Taxand has since grown to include member-firms on every continent, with a collective headcount of over 2,000 advisors worldwide. Adding to that list; Yulchon, a leading South Korean business law firm with more than 400 lawyers and 80 tax advisors of its own.

“Joining Taxand allows us to provide clients with the highest quality, cross border tax advice,” said Yulchon tax partner Kyu-Dong Kim. “Taxand’s international network provides a positive differentiation from other East Asian tax and legal firms. Its reputation for independent, specialist expertise fits well with Yulchon’s culture and we look forward to strengthening both our local and international tax services.”

A 2017 Chambers and Partners’ National Law Firm of the Year winner consistently recognised for its innovation, Yulchon was founded in Seoul in 1997 by five of South Korea’s leading attorneys to create “a village of lawyers”, with two decades of organic growth seeing the firm add international offices in Shanghai, Hanoi, Ho Chi Minh City, Moscow, Jakarta and Yangon.Leading South Korean law firm Yulchon joins Taxand global networkAccordingly, with the admission of Yulchon to its network, Taxand has now significantly expanded its Asia presence – its coverage in ten key Asia Pacific economies (including Japan, Singapore, Malaysia, Australia and India) among the organisation’s representation in over 50 countries stretching to every corner of the globe, from Oslo to Melbourne and from Buenos Aires to Mauritius with the US and just about every European nation in between.

“Yulchon is a welcome new addition to the Taxand family, bolstering our strength in East Asia,” said Taxand Chairman Frederic Donnedieu de Vabres, a former Arthur Andersen consultant. “The firm will give our clients a broader scope of specialised tax expertise across the region. Our network has grown significantly in recent years and we look forward to working with our new colleagues and their clients.”

Be it in the areas of compensation, financial, energy, mergers & acquisition, real estate, disputes, or others, Taxand describes itself as entirely focussed on the tax aspects – “we do tax, and only tax. No audit or attest issues” – leveraging its global network to serve clients with their both local and international and cross-border tax advisory needs. In the US and UK the network is represented by Alvarez & Marsal affiliate A&M Taxand.