Synechron joins Microsoft Azure Blockchain Council

14 September 2017 Consultancy.uk

Microsoft has admitted Synechron into its ‘Azure Blockchain Council’. The global financial services consulting firm becomes one of the first members of the ’matchmaker’ for Blockchain technology inspired concepts.

After threatening to break into the financial mainstream along with a number of other functions they can adapt to, Blockchain technologies have become essential areas of investment for technology firms looking to profit from digital disruption. Existing and prospective clients of prominent consultancies are, meanwhile, beginning to investigate initial coin offerings (ICOs) – the process by which public Blockchain technologies can be leveraged to create custom cryptocurrencies that are subsequently sold to fund projects.

In a bid to tap into the potential of Blockchain, Microsoft has established a dedicated ‘Azure Blockchain Council’. The council includes companies which develop applications using Blockchain technology on the Microsoft Azure cloud platform. The select group of Microsoft partners will now work together to build, deploy, and manage Blockchain applications on Azure.

Synechron joins Microsoft Azure Blockchain Council

While the exact details of firms who are party to this new project remain unclear, with Microsoft being cautious about revealing any additional members, Synechron, a financial services consulting firm which launched a Blockchain accelerator program last year, along with a number of Financial Innovation centres across the world in 2017, has revealed itself as the first member of the council. CEO Faisal Husain, meanwhile, picked up an award at the FTF Technology Innovation awards for FinTech Person of the Year. According to the firm, Synechron was chosen as a council member because of this proven track record in developing Blockchain applications on Ethereum, Quorum, Corda, and Hyperledger platforms.

Synechron’s 8,000-person global team of specialised financial services consultants, developers and front-end UX and CX design experts allows production-ready Blockchain applications to be built anywhere in the world. As members of the new alliance, Synechron will service requests for proposals (RFPs), announce shared proof of concepts, and promote new Blockchain capabilities. The firm will also have direct access to Microsoft’s engineering team and influence Microsoft’s future Blockchain offerings.

New Partnership

“We are delighted to have been chosen by Microsoft to be a founding member of the Blockchain Partner Council. By bringing together the most influential Blockchain innovators in the market today, this council will take the transformative power of Blockchain to a new, global platform. Developing innovative, real-world solutions using technology drives everything we do, and we look forward to sharing our expertise with Microsoft as we help build groundbreaking Blockchain applications on the Azure cloud,” said Diana Kearns-Manolatos, Senior Director, Marketing, Synechron.

Ausaf Ahmad, a One Commercial Partner at Microsoft, meanwhile remarked,  ”We are pleased Synechron has joined the Microsoft Azure Blockchain Council, bringing unique expertise and innovative technology to Microsoft Azure Blockchain customers in the financial services industry. Each council member has dedicated Blockchain practice, and commitments to build and launch projects in production in the Microsoft Azure Marketplace. The council will drive our open, multi-platform, partner ecosystem led strategy of empowering businesses to build with Blockchain and create new business value.”

When pushed for news of further members of the programme, meanwhile, Microsoft remained secretive. "We're going to allow the additional partners to announce their membership when they're ready, and we do expect more members to join," a spokesperson said.

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Grey Consulting and Makerversity announce strategic partnership

05 April 2019 Consultancy.uk

Grey Consulting has forged a new alliance with Makerversity, a 500-strong community of the brightest creative innovators, headquartered at Somerset House, London. The partnership hopes to tap into the experimental community to develop pioneering solutions for Grey Consulting’s clients.

In August 2018, one of the world’s largest design agencies surprised the business world by launching a dedicated consulting outfit. The news came as the two industries continued on their trajectory towards a historic synthesis. The consulting industry has been engaged in a pitched battle with the advertising and design space for the past few years, as the former increasingly encroaches on the territory of the latter via a protracted campaign of mergers and acquisitions; but there had been little traffic moving in the other direction.

At its launch, Grey Consulting was not billed as a direct competitor to established consultancies. However, the firm behind the new entity hopes that its creative experience will give it a competitive edge in winning consulting business from its existing clients. The Grey Group is a global advertising and marketing agency with headquarters in New York City, and 432 offices in 96 countries, operating in 154 cities. Grey Consulting opened its doors with a view to aiding clients within the areas of business and brand design, innovation and digital transformations.Grey Consulting and Makerversity announce strategic partnership

Now, as the firm looks to further expand its footprint in the market, Grey Consulting has unveiled details of a ground-breaking new alliance with Makerversity, a 500-strong community of creative innovators headquartered at Somerset House, London. The alignment with Makerversity is hoped to unlock the potential of collaborating with one of the world’s most experimental communities.

Makerversity curates and convenes the best talent across product design, fashion, art and experimental architecture, sustainable materials, IoT, digital manufacturing, and coding. It provides spaces and workshops for professional makers to develop and create their work, supported by Somerset House Trust. The alliance is expected to enable Grey Consulting to develop pioneering solutions for its clients, together with innovators who make something amazing for a living, every day. 

Leo Rayman, Grey Consulting CEO, commented, “This gives our clients the potential to access a network of some of the most diverse and innovative individuals in the world today. Being so tightly connected to a community of makers means we don’t just develop transformational strategies but can quickly realise them in three dimensions. This sets Grey Consulting apart from the pure play strategy houses who are sometimes criticised for not making their thinking real at the pace modern businesses require.” 

Fiona Dent, CEO of Makerversity, added, “Makerversity acts as a catalyst for unexpected encounters, fostering collaborations between an incredible range of the brightest leading creators and innovators. Our experimental approach and engaged members, whose own practice is defining our world, create highly original new outcomes. We are delighted to bring this philosophy to a wider audience and generate interesting projects for Makerversity members through our partnership with Grey Consulting.”