NTT DATA INSTITUTE OF MANAGEMENT CONSULTING, Inc. (Head Office: Chiyoda-ku, Tokyo, President and CEO: Yuji Kawashima, hereinafter referred to as ‘IOMC’) have completed the first consulting project under the “ASEAN Business Sector” (established in Bangkok on April 1st, 2019) by hosting the “AEON Open Innovation Contest” with AEON Thana Sinsap (Thailand) Public Company Limited (Head office: Bangkok, Thailand; Vice Chairman of the Board and Acting Managing Director: Masanori Kosaka), a subsidiary of AEON Financial Services Co., Ltd. (Head office: Chiyoda-ku, Tokyo; President and CEO: Kenji Kawahara)
1. Background/Objective
AEON Thana Sinsap (Thailand) Public Company Limited (hereinafter referred to as AEONTS), which conducts business such as credit cards and loans in Thailand, identified the need to utilize advanced technology such as AI, blockchain, etc. to promote FinTech and Digital Transformation(DX), etc. As a result, an open innovation contest was held with the support of IOMC as a project.
2. Overview of the contest
AEONTS, supported by IOMC for about 5 months, received applications from tens of startups and student teams, and after a strict selection process, invited 7 startups/ 3 student teams to the following pitch day and determined a winner for each.
Objective | AEONTS would like to promote FinTech and DX by realizing the following two items: ① Recruit outstanding students and promote AEONTS’ brand ② Obtain new business ideas and partners |
Target | Startups, university students |
Name | AEON Open Innovation Contest |
URL | https://www.eventpop.me/e/4823-aeonts-open-innovation-contest |
Time | May 11th, 2019(Sat) 2PM~6PM (Registration/opening 1PM~) |
Venue | Westin Grande Sukhumvit Bangkok Hotel |
3. Pitch Day Program
Approximately 100 people attended from both domestically and overseas on the Pitch Day (May 11th), and a fierce battle took place in a four-hour program.
4. Future Plans
The cooperation between IOMC and AEONTS does not stop with holding open innovation related events, we also plan to continue discuss concrete new product and service development. In addition, IOMC plans to work with various other customers especially in the ASEAN region by supporting new business development leveraging advanced technology and activating the market.