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Harnessing technology in business and professional services

Today, with technology impacting every aspect of how business is done in recent years, Hong Kong has come into its own as it adapts to new ways of working. Being one of the pillar industries in the Hong Kong economy, the Business and Professional Services (BPS) sector is no exception.
These companies in the fields of accounting,
legal, consulting, education, real estate and
human resources have witnessed enormous
changes, with client demand driving new business
models.

“Harnessing technology in business and profess-
ional services” explores:

  • Case studies of different businesses in the
    BPS sector including Agorize Asia (p.13)
  • How Agorize transformed the open innovation
    to bridge corporations and innovators
  • How local dynamic tech ecosystem facilitates
    the growth of open innovation

What is Agorize?

Agorize is the most comprehensive innovation management platform, supported by a team of experts and community of innovators. For over a decade, we’ve been providing technology powered by a community of 5 million innovators to foster change and accelerate innovation. Our clients and partners worldwide crowdsource, evaluate and develop solutions from startups, employees, developers and students using Agorize.

We’ve helped over 300 global enterprise companies in Europe, North America, and Asia Pacific, including Enterprise Singapore, Huawei, Microsoft, LVMH, PepsiCo, Bayer, Schneider Electric, Hitachi, L’Oréal and many more by running their innovation programs.

What is an innovation challenge?

An innovation challenge, or innovation competition, is a competition organized by a company to bring forward innovative solutions. The organizer defines clear objectives and problem statements, after which innovators are invited to submit their ideas and solutions. Proposals can come from startups, employees, students or other talent that is relevant to the topic at hand. Through a process of crowdsourcing and assessing ideas, mentoring participants and developing solutions, the organization will identify the winning proposals that will be implemented. More than 300 enterprise companies have organized innovation challenges with Agorize.

Their results speak for themselves. They’ve reduced go-to-market time with internal teams, fast-tracked the development of niche solutions with the products and services of startups, created long-term strategic partnerships and brainstormed future-proof ideas with students from top universities. Overall, it accelerated their own transformation and made themselves more future-proof.

What is a startup challenge?

A startup challenge, or startup competition, is a competition organized by a company to identify innovative solutions from startups they otherwise wouldn’t be able to reach. The organizer defines clear objectives and problem statements, after which startups are invited to submit their ideas and solutions. Proposals can come from startups operating in niche industries and with international backgrounds. Through a process of crowdsourcing and assessing ideas, mentoring startups and developing solutions, the organization will identify the winning proposals that will be implemented.

More than 300 enterprise companies have organized challenges with Agorize. Their results speak for themselves. They’ve reduced go-to-market time, fasttracked the development of niche solutions, created long-term strategic partnerships and brainstormed future-proof ideas. Overall, it accelerated their own transformation and made themselves more future-proof.

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