EY Startup Challenge looking for technology firms

24 April 2015 Consultancy.uk

EY has announced the launch of the second edition of its ‘Startup Challenge’, this time seeking 10 technology startups that focus on intelligent customer interactions and increased visibility along the supply chain. The ten startups will follow an intense eight-week innovation programme during which they receive mentorship and coaching from EY as well as access to its networks and funding.

The Startup Challenge was first launched by EY in September 2014, together with Pivotal Innovations, Level39, and of a number of technology, media and telecommunications clients, in search of seven suitable and promising technology startups that would help companies tackle the data privacy issues arising from the EU General Data Protection Regulation and the ‘Right to be Forgotten’.

After a successful first edition, EY recently announced the start of a second Challenge, this time searching for ten leading technology startups with innovative technologies focussed on finding new ways to achieve more intelligent customer interactions and increased visibility along the supply chain. The ten startups that will be selected will enter an intensive 8 week programme with EY and its clients, during which they will receive mentorship and training, access to EY clients and funding, on-going support, and a shared workplace in London for the duration of the programme.

EY launches 2nd Startup Challenge

“Innovative startup technologies are critical to unlocking the business challenges of the future, and we're delighted to launch the second EY Startup Challenge. Providing high-potential entrepreneurs with access to our people and clients to help solve their most complex problems creates a real opportunity for small businesses with big ideas to forge ahead with the new, dynamics technologies of tomorrow, and will guide technological innovation on its route to market,” comments Richard Taylor, Advisory Sector Lead for Consumer Products at EY.

Errol Gardner, Enterprise Intelligence Leader for EMEIA Financial Services at EY, adds: “As people, activities and objects become increasingly connected, data through the supply chain has become the currency of good business. The scope to derive insight from data, gain foresight, and enable better decision-making has increased exponentially, presenting a new landscape for solving business challenges. One of the UK’s key competitive strengths is its tech startups, and the established firms that tap into this will have a competitive advantage.”

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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.”