Technology and Consulting Newsletter The organisations covered in this issue are: December 2012 Welcome to Latitude Executive Consulting’s latest newsletter, reviewing recent marketplace activity. The newsletter focuses on the Technology and Consulting sectors, with the material sourced from a range of media and business contacts/partners. As the holiday break approaches, we have opted for a more relaxed and less heavyweight theme for our selected articles. 1. • 1. IBM 2. Infosys 3. EE 4. Capgemini • 5. Vodafone 6. PA Consulting 7. Wipro • 8. CGI 9. Accenture • IBM Twilight: Breaking Dawn - Part 2 continued to infiltrate the Twitterverse during Thanksgiving weekend, with competition from Box Office leaders Skyfall and the newly released, Rise of the Guardians - according to the University of Southern California (USC) Annenberg Innovation Lab and the IBM Film Forecaster, a Social Sentiment Index. The Social Sentiment Index combines sophisticated analytics and natural language processing technologies to gauge positive, negative and neutral opinions shared in millions of public tweets. In this instance, the index was used to measure and understand moviegoers' views surrounding the biggest movie weekend – Thanksgiving. The project evaluated over five million tweets over a time period of 11 days and compared the volume around Twilight: Breaking Dawn, to other movies in theaters, such as the next installment of James Bond, Skyfall, Wreck-It Ralph, Flight, and The Man with the Iron Fists, all of which opened one to two weeks prior to Twilight. The analysis also included sentiment around new Thanksgiving weekend releases including Life of Pi, Red Dawn, and Rise of the Guardians. th On Sunday, November 25 , Box Office Mojo revealed Twilight generated approximately $64 million in ticket sales over the holiday weekend (Wednesday-Sunday) – 22 percent of the total revenue for the biggest Hollywood holiday weekend on record. The Twitter results over the 11 days offered a different perspective: o Despite leading the pack with 4.25 million tweets compared to runner up Skyfall with 700,000, Twilight's positive sentiment dropped from 90 th percent at pre-release to 75 percent on Saturday, November 24 . Some of the tweeted words were perceived as negative – not necessarily towards the movie, but the majority captured moviegoer "sadness" that the series was ending. o Skyfall maintained a sentiment ratio of 9:1, receiving consistent positive tweets, and shared similar results to weekend newcomers Red Dawn (96 percent positive average), Life of Pi (91 percent) and Rise of the Guardians at 99 percent. o On opening day, Twilight received over a million tweets, 78 percent expressed positive sentiment. The majority of the remaining Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: reply@latitudeexec.com www.latitudeexec.com Page 1 of 8 • • • 2. • • • • sentiment reflected the audiences' emotional reaction to the "tearjerking" moments in the movie – so not necessarily negative. “In the past, box office receipts indicated success or failure. Thanks to advances in analytics, movie makers now have the ability to analyze the public sentiments of their viewers in real time,” said Professor Jonathan Taplin, Director of the USC Annenberg Innovation Lab. "With technologies such as the Film Forecaster, movie studios such as Lionsgate can go beyond receipts, to truly understand the voice of the crowd.” The collaboration between USC Annenberg and IBM is part of an ongoing initiative to demonstrate how advanced analytics technologies applied to big data can help Chief Marketing Officers (CMOs) in the sports, entertainment, retail, and news industry derive valuable insights from online public sentiment. “Today, Box Office results and industry accolades are not the sole drivers of recognition across the movie community – real-time audience sentiment is a strong factor too,” said Steve Canepa, General Manager of Media and Entertainment, IBM. “Organizations in the Media and Entertainment industry are now taking advantage of big data to better understand their audience and to deliver better products, services and marketing campaigns that ultimately drive greater results for their business.” Infosys Infosys BPO Ltd. has announced that it has won the Gold Award for Marketing Excellence in the category of 'Marketing with Social and Interactive Media' at the Information Technology Services Marketing Association (ITSMA) Awards 2012. Infosys BPO received the award during the ITSMA 2012 Annual Conference: Marketing's New Value Proposition, held at the Charles Hotel in Cambridge, MA, USA. ITSMA, the leading marketing association for technology, communications, and professional services providers, recognizes best-inclass marketing programs with its annual marketing excellence awards. An international jury of marketing executives and experts selected the winners based on excellence in situation analysis, innovation, program execution, and business results. Speaking about the award, Gautam Thakkar, Vice President and Unit Head – Enterprise Services, Infosys BPO said, “This prestigious award reiterates the fact that we have been able to create considerable value and brand equity with a highly focused campaign for our stakeholders in the social media space. We believe that innovation in the digital world, combined with seamless teamwork, will continue to garner significant results. We will continue to focus on such innovative initiatives that aim at creating a social media presence to drive and sustain community engagement.” The uniqueness of the initiative is that Infosys BPO created a novel community to enable discussions among the buy-side, the sell-side, and the influencer-side of the outsourcing community and the Infosys BPO leadership team. This was indicative of a spike in brand awareness and the brand proposition of 'optimize, transform and innovate' among the desired target audience. Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: reply@latitudeexec.com www.latitudeexec.com Page 2 of 8 • 3. • • • • • “This was an innovative use of social media targeted at a difficult audience, with very successful results," said Dave Munn, President and CEO of ITSMA. "The program was well defined, the research was thorough and the execution was methodical. Infosys has developed a best practice.” EE From tomorrow, iZettle – designed for small businesses and tradespeople - mini chip-card readers, that turn smartphones and tablets into mobile payments terminals, can be purchased exclusively in 297 newly designed EE stores across the country and from EE’s telesales channel. The social payment company’s new device and free app could help small businesses secure millions of pounds they are owed by customers. For example, the UK’s plumbers, electricians and builders alone are currently owed up to £283 million by late or non-paying customers, according to an EE survey of 1,029 tradespeople. iZettle’s mobile payments card readers, which can be used with iPhones, iPads, and more than a dozen 2.1 and higher Android smartphones and tablets including the Samsung Galaxy range, cost £20 in EE stores and come with a £20 voucher that can be used towards iZettle transaction fees. With iZettle merchants can accept Visa, MasterCard, American Express and Diners Club payments. There are no lengthy sign up processes, no set up fees, no monthly fees and no minimum spend. iZettle merchants are simply charged 2.75% of each payment. “The beauty of iZettle is that it’s simple to use, totally secure and takes seconds for a transaction,” said Jacob de Geer, CEO and co-Founder of iZettle, which is used by more than 75,000 small businesses and individuals in six countries. “Whether you are a cabbie, florist, tradesperson or a courier, iZettle gives you the flexibility to operate in both cash and cards. The possibilities are endless because hundreds of thousands of small business can now take plastic. We are very excited about our full commercial launch in the UK and the positive results of our Beta test with 4,000 users over the past six months.” Research revealed today by EE, which has just launched its new superfast 4G and fibre brand in the UK, shows that small electrician, plumbing and building firms alone are currently owed up to £5,000 each by late or non-paying customers – equivalent to £283 million. To compound the late and non-payment issue, tradespeople are investing an average of 36 days every year chasing overdue customer bills. Even based on minimum wage rates, that means the time spent chasing customers for payment costs tradespeople up to £125 million a year. Accepting card payments could easily boost revenue and cash flow, but 45% of small firms have been previously put off due to the cost of accepting cards. However, 71% claim they would accept credit or debit cards if there was a low cost, low hassle way of doing so. iZettle meets this need with an effortless sign-up and stress-free system that has one of the lowest cost and complexity profiles on the market. While according to consumers, there is also a pent-up demand with eight in ten (82%) saying they would like the option to pay tradespeople by card. Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: reply@latitudeexec.com www.latitudeexec.com Page 3 of 8 • 4. • • • 5. • • • • Gerry McQuade, Chief Marketing Officer at EE said: “iZettle is a revolution for small businesses and consumers across the nation. The aim of our new superfast EE brand is to make businesses’ digital lives easier and ultimately more profitable through technology. Businesses and consumers are on the cusp of mobile payment transformation and we are delighted to bring iZettle to market, enhancing our mobile payment portfolio.” Capgemini Capgemini has appointed a new Group Director of Marketing. Senior Vice President Bob Scott has been with Capgemini for over 20 years and has worked in numerous parts of the organisation from consulting, to applications and outsourcing, including roles such as Head of eBusiness and CRM and Head of Public Sector Outsourcing. Most recently he has worked with Sogeti and led the Business Process Management Global Service Line. Scott’s extensive experience working on large deals and account based marketing is best exemplified by his leadership of the successful Metroplitan Police contract from 2004 to 2007. Bob has also had responsibility in various global roles in outsourcing and different UK and sector business units. Scott’s most well-known Marketing contribution is the ‘Rightshore’ concept which is now at the heart of the Group and is used to describe Capgemini’s global delivery model. It was a term he first used in 2003, to describe the right mix of location, resources and skills to offer the optimum solution for customers. Scott began his career at British Coal, following a Mining Engineering Trainee programme, before moving into providing external consultancy for the NHS and the Department for Social Services and Export Credits (ECGD). He has a degree in mining engineering from the University of Nottingham and an MSC in Operational Research from LSE. Vodafone F1 champion Jenson Button has made a pit stop at Vodafone HQ to congratulate employees who have raised nearly £300,000 for British charities, as part of Vodafone’s JustTextGiving £100 Challenge. Vodafone’s employees were challenged this summer to raise £100 each to support British charities using the JustTextGiving service, with the Vodafone Foundation matching the £100 to make a donation of at least £200 for each charity. Fundraising activities ranged widely from extreme sports activities like sky diving, bungee jumping and a zip wire challenge to a 300-mile ‘Le Tour De Yorkshire’ bike ride, marathons, cake sales and a musical soiree. With the matched funding, £280,000 has been donated to more than 630 large and small charities across the country. Button, who raises thousands of pounds a year for charities through The Jenson Button Trust, said: “I’m thrilled to be part of today’s celebrations as I know firsthand the huge boost that the JustTextGiving service gives to charitable fundraising efforts, making it easier for my family, friends and Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: reply@latitudeexec.com www.latitudeexec.com Page 4 of 8 • • 6. • • • • • 7. • • fans to donate. The Vodafone people here today deserve a huge slap on the back.” JustTextGiving by Vodafone enables anyone to get their own Vodafone Individual Code (VIC) to raise money for their chosen charity. Using their unique, personalised VIC, 100% of the donation is passed to the charity and Gift Aid can easily be added. The text to donate is also free on any network. To date over 50,000 people have registered for their own VIC to use in their own fundraising and over 17,000 charities are now using JustTextGiving too. Emer Boulter, Head of HR Business Partnering, Vodafone UK said: “This has been a powerful challenge as it combined employee engagement and product advocacy while fundraising. Our employees have seen for themselves, often for the first time, just how powerful JustTextGiving can be in fundraising.” PA Consulting PA Consulting Group has created a new concept for toothbrushes, designed to encourage children to develop positive brushing habits while making teeth-brushing a fun part of the day. According to the NHS, tooth decay is one of the most widespread health problems in the UK and around a third of children starting school and around a third of children aged 12 have visible tooth decay. The new toothbrush, a ‘Brushead’, is a 3D-sculptured cartoon character, designed so that kids can relate to it and grow to love it. The toothbrushes are charged by USB to give flexibility on the go and contain intelligent sensors that recognise brushing patterns and give encouraging words to support better brushing. The Brushead is linked to an app which means children can interact with each Brushead character, whether through their smartphone if they are old enough or on the web. This allows them to check out their brushing performance and compare the achievements of their character with their friends and other children. Parents can also use the app to monitor their child’s progress and keep an eye on patterns and trends. PA Consulting Group’s Ahmad Bitar, an expert in product design, says: “Getting children to brush their teeth is a common challenge for parents everywhere and can be a stressful experience for both parent and child. Children often find brushing-time dull and mundane. The Brusheads help parents to encourage their children to brush their teeth properly, while making the experience more enjoyable.” PA is currently in discussion with potential partners to take this product to market. Wipro Wipro Technologies has announced the launch of Wipro SmartOffers - a location based solution for banks, in partnership with Intuition Intelligence. Wipro SmartOffers, primarily targeted at retail banks, will help increase coupon redemption rates significantly by delivering the right offers to the Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: reply@latitudeexec.com www.latitudeexec.com Page 5 of 8 • • • • 8. • • • bank's customers over the mobile or the internet. The solution leverages Wipro's mobile based applications IP, data models and partner's algorithms to deliver highly targeted offers. Wipro is working with Intuition Intelligence who has a patented machine learning algorithm that applies rapid real time learning to target coupons. Vijay Sharma, Global Domain Head – Banking and Financial Services, Wipro Technologies, said, “We expect Wipro SmartOffers to enable banks to pre-empt commoditization by building brand loyalty and creating additional revenue streams. We are already testing the concept with several banks across the globe, which gives us a first mover advantage and are very encouraged by the prospects.” Dr. Arif Ansari, Founder of Intuition Intelligence, Inc, said, "Our unique Intuition Intelligence Super Relevancy Engine proactively brings real time, contextually relevant offers to digital banking customers by server and client side learning. Unlike the aggregator centric models currently in practice in the market, this solution champions the Bank Centric Offer Model." Meheriar Hasan, Managing Principal, MMH Consulting said, “The rapid migration from online to mobile banking, brings challenges as well as new opportunity in terms of understanding real-time intent of users at a given location. This can be leveraged to provide highly targeted offers to meet the customers' needs in terms of specific products and services." Wipro's SmartOffers is optimally built to leverage the unique features of both online and mobile channels. It is a multi-channel application that is integrated with the bank's retail mobile and online offerings, and supports IOS and Android based smartphones. This solution will link the bank's internal and external ecosystem, leading to new revenue streams centering on offer optimization and redemption. CGI Renminbi (RMB) denominated transactions are growing with the rate of growth accelerating. Standard Chartered figures show that in February 2012, 17.6% of Singapore’s trade with China/Hong Kong was settled in RMB. Chinese banks are a major source of liquidity for the Asia region, financing many large infrastructure projects across the region. Project finance specialists say it will be a matter of time before many of those projects are denominated in RMB. With China’s economy now the world’s second largest and a key driver of global growth, banks are finding that their RMB business is growing. This is leading to an increase in the number of incoming financial messages containing CCCs. Chinese Commercial Codes (CCC) were originally used for transmitting Chinese text over electronic telegraph. However, for nonChinese speaking countries, there is still a need to identify a Chinese person's name without using Chinese Characters. CCCs are used by some countries in visa and immigration applications and they also occur in financial messages to communicate Chinese names when the Chinese characters themselves cannot be present. Regulators are taking an interest in potential gaps in sanctions compliance from not scanning CCCs. The problem extends to payments, FX and trade finance all of which may contain CCCs. If a bank is only scanning Latin Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: reply@latitudeexec.com www.latitudeexec.com Page 6 of 8 • 9. • • • • • names on regulatory watch lists, it may inadvertently accept or make payments to a sanctioned entity. Real-time filtering of financial messages against sanctions lists is crucial in any bank. Therefore, Logica in conjunction with Dow Jones, has created an informative and interesting Webinar looking at how Chinese names could be creating a gap in your compliance programme. Accenture One of the leading telecommunications and ICT service providers in the Netherlands, has selected Accenture to develop and maintain innovative television services based on the Accenture Video Solution. Under the agreement, Accenture will improve service performance and deliver KPN’s interactive TV service to multiple devices (TV, tablets and smartphones). Using Accenture’s software-based open architecture, KPN is able to offer a unique viewing experience. This new integrated solution will add features to the market leading iTV and iTV Online services that KPN offers to the Dutch retail and wholesale markets. “We will provide KPN a complete portfolio of innovative digital services that will enable subscribers to watch TV on more devices,” said Marco Vernocchi, Managing Director of Accenture’s Media & Entertainment industry group. “We believe the Accenture Video Solution deployed by KPN is now one of the industry’s most comprehensive, feature-rich video software and services platform available today.” KPN’s iTV Online Services leverage KPN’s Content Delivery Network (CDN) for content streaming. The CDN provides various business-tobusiness and consumer services using the latest technology and is built to stringent network standards that translate into improved picture stability and a best-in-class adaptive streaming services for KPN’s clients. Through its video software and services capabilities, Accenture is making it possible for KPN to provide its subscribers with an advanced multiscreen video experience, remote recording capabilities, ‘catch-up’ TV allowing users to select and view video on demand, and adaptive streaming for consistent quality of service experience. In addition, Accenture plans to develop and deliver innovative new features and services designed to provide KPN’s subscribers with a superior user experience. The above information has been sourced from a range of media publications and statements made in public company announcements. Latitude Executive Consulting acknowledges all copyright and trade names. The information does not represent Latitude Executive Consulting’s view or opinions. Copyright, Latitude Executive Consulting, 2012. Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: reply@latitudeexec.com www.latitudeexec.com Page 7 of 8 Introducing Latitude Executive Consulting Latitude Executive Consulting, founded in 2003, has a wealth of experience in hiring senior leadership and commercial profiles spanning every major sector and geography. Our teams of experienced, market-specific Consultants and multi-lingual Researchers ensure the successful delivery of assignments globally. Our expertise has created an exacting and contemporary recruitment service that is thorough yet agile. We have the flexibility to source people expediently, enabling our clients to hire the best possible talent in the shortest practical timescales. Through the utilisation of market leading technology, processes and infrastructure we engage in a combination of methodologies to maintain, update and grow a community of function and sector specific contacts. Through constant communication with this network we are kept appraised of all market developments and are able to track individuals throughout their careers. Our approach applies the highest standards of professionalism through a proven delivery mechanism that never compromises on quality. Contact Please call us on 020 7484 5055 or visit www.latitudeexec.com for more information on our range of services. Please contact Latitude Executive Consulting at: Golden Cross House, 8 Duncannon Street, London, WC2N 4JF T: 020 7484 5055 Email: reply@latitudeexec.com www.latitudeexec.com Page 8 of 8