Powerful connections Technology Fast500™ Asia Pacific 2013 Winners Report and Ranking Supported by Contents Foreword 1 Deloitte TMT practices overview 2 UKTI: A message from Lord Green 5 Ranked company fast facts 6 Innovation through customer focus: Interview with the winner, 10 Lin Weijun, CEO of China Communications Media Resurgence and resilience: The top five companies 12 Deloitte Technology Fast 500 Asia Pacific 2013 Ranking 16 Contacts at DTTL and its member firms 28 Foreword This year‘s edition of the Deloitte Touche Tohmatsu Limited (DTTL) growing TMT companies, coming first and third this year in terms of the Global Technology, Media & Telecommuncations (TMT) Industry number of companies each has contributed to the top 500—128 and 78 Group‘s annual Technology Fast 500 Asia Pacific Ranking—now companies respectively—while Taiwan slips into second place with 108. in its twelth year—reveals some striking trends that signify new promise and suggest new directions for the future of the region‘s The importance of cross-border ties is emphasised by this year‘s TMT businesses. For one thing, it is clear that the best of these—like outright winner, Taiwan‘s China Communications Media Group the top five in this year‘s ranking with their average 10,589 percent (CCMG), with its outstanding three-year growth rate of 26,585%. three-year growth rate and predominance of Internet firms—can While based in Taiwan, like last year‘s winner ProCrystal Technology, outperform, even in the most mature and stable of markets. CCMG addresses a user base of over 100 million people across Greater China via mobile Internet. Technically a software company, On the other hand, the pullback of growth among the majority CCMG has capitalized on the geographical and sectoral growth of Asia Pacific‘s fastest-growing 500 technology companies— potential of mobile communications to deliver that remarkable growth determined by three-year historic revenue performance for both result, particularly through channel extension services that position it publicly listed and privately held businesses—to just 355.74 percent, as a conduit for providers seeking to reach this vast audience. suggests that the fundamental quality of a business, rather than the underlying macroeconomic upsurge, is becoming ever more This year, we also welcome as our sponsor UK Trade & Investment, important in achieving outstanding performance. which works with Asia-based businesses to secure their success in international markets like the UK. The contribution of such agencies, This is the kind of cross-border and multi-sector development that whether from within the region or helping businesses to reach beyond the global DTTL TMT Industry Group is especially well equipped to it, provides further growth drivers for the cross-border expansion and track. Our wide regional reach allows us to observe the trends and dynamic development of these significant TMT companies. capture the data across nine Asia Pacific locations: Australia; China (including Hong Kong); India; Japan; South Korea; Malaysia; New This is the kind of impetus that has lifted the top echelon of this year‘s Zealand; Singapore and Taiwan, where we monitor the fast-growing Asia Pacific Technology Fast 500 so far above the growth range of TMT businesses that comprise the Technology Fast 500 Asia Pacific previous years and the common run of companies. We look forward to 2013 Ranking. seeing more of the same from the region‘s TMT sector, in the future. The changing pattern of regional contributions to that growth— especially from China—suggests that changes are afoot in the Jolyon Barker regional TMT landscape that could make a big difference to the DTTL Managing Director industry in the years to come, in terms of both industry fundamentals Global Technology, and demand. For instance, developed markets are making a big Media & Telecommunications comeback: this year, Australia contributed 66 companies to the top 500, its third year of consecutive growth. And Japan, joint fifth with New Zealand at 40 companies in the top 500, was the only primarily national market to feature twice in the top five, with Internet Ichiro Nakayama companies Locondo and Donuts. Also, China and India are challenging DTTL Leader Taiwan‘s traditional lead as the reservoir of Asia Pacific‘s fastest- Technology Fast 500 Asia Pacific 1 Deloitte TMT practices overview Deloitte TMT practices serve clients that are geographically and functionally diverse, with the aim of delivering TMT clients consistently excellent services wherever and whenever Companies in the TMT sector confront a swiftly they are needed. Leveraging the power of Deloitte’s changing marketplace and Deloitte member firms’ global network, the practices aim to bring the right team TMT practices are helping companies adapt quickly, and specialists to each task, developing and delivering with extensive services across the following areas: valuable thought leadership and sharing best practice. The • Ninety-three percent of the TMT companies in the development of world-class business leaders and industry 2012 Fortune Global 500® specialists is an investment that pays dividends, both in • Nineteen of the 23 largest technology companies. terms of career development and best business practice. • All nine of the largest global media companies. • All 23 of the largest telecommunications companies. Deloitte TMT practices aim to provide unmatched levels of service and insight across the value chain. Deloitte has over 15,000 TMT professionals worldwide Europe Centers for the Edge Canada 4,000+ practitioners 800+ practitioners TMT Country Leaders * TMT Research Leaders * TMT Country Leaders United States lead the region in Africa, 5,150+ practitioners Middle East and the CIS * Asia Pacific LACRO and Mexico 3,900+ practitioners 500+ practitioners * Africa and the Middle East 650+ practitioners 2 Center for the Edge Deloitte’s Centers for the Edge in Australia, China, Netherlands markets—inevitably strikes at the very heart of a business. Our and the United States help senior executives make sense of, and Centers for the Edge add value to an organization by enhancing profit from, emerging opportunities on the edge of business recognition of industry-sector leadership, improving client and target and technology. What is created on the edge of the competitive relationships, influencing wins and creating new opportunities—all landscape—in terms of technology, geography, demographics and critical to delivering the ‘Deloitte Client Experience.’ The Power of Pull The future of Scaling Edges Chinese Mobile China Mobile exchanging value Device Investment Payment Industry Trends 2012–2015 Major industry events International Consumer Electronics Show (CES) Mobile World Congress (MWC) Deloitte TMT practices continue to have Deloitte telecommunications leaders a significant presence at CES, offering from around the world met the most tours of the exhibition floor to clients and influential telecom service providers and moderating a number of panels. Deloitte handset developers at the Mobile World is a titled sponsor of the 2014 Leaders Congress in Barcelona. Tailored tours in Technology Dinner at CES, which is of the exhibition floor were offered, expected to attract roughly 500 of the highlighting the most important and most influential industry leaders. innovative technologies, and Deloitte specialists moderated a successful panel International Broadcasting Conference (IBC) entitled ‘Back to the Future: Mobile Deloitte’s Media & Entertainment practices Innovation 2023’. were delighted to collaborate with the IBC Leaders’ Summit for the third consecutive year. A Deloitte report, ‘Survival of the fast: TV’s evolution in a connected world’, was the focus of discussion at this exclusive invitation-only event. 3 TMT Predictions State of the Media The state of the 2013 TMT Global Trends in Democracy global mobile Global Security Venture Capital consumer, 2013 Study TMT thought leadership A good idea can propel an organization to greatness and catalyse profound change. Deloitte is committed to helping clients generate new ideas to solve their most difficult challenges and create lasting value. Along the way, Deloitte professionals are not afraid to make bold assertions and have difficult conversations. Deloitte produces a variety of thought leadership and other materials focusing on the most important strategic trends in global business. 4 A message from Lord Green I am delighted to support the Deloitte Technology Fast 500 program patents. This complements existing tax breaks offered through R&D in Asia Pacific. Today’s innovative firms from Asia are the UK’s tax credits and the Entrepreneurs’ Relief scheme. business partners of tomorrow. Support is not just financial. Across the UK, we have harnessed the The UK offers the complete package for technology entrepreneurs power of technology firms, entrepreneur networks, financiers, venture to imagine, start and grow a business. London’s Tech City is home capitalists and large technology companies to create supportive to Europe’s largest technology cluster, while other vibrant centres ecosystems for fast-growing firms. such as Manchester, Birmingham, Bristol, Liverpool and Leeds I would encourage Deloitte Fast 500 companies to consider expanding offer opportunities for companies operating at the cutting edge of into the UK to join the 600 firms now in London’s Tech City, or the software; advanced engineering and materials; telecoms; and life other 1,000 international ICT companies