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Dream Big, Always Believe

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Dream Big, Always Believe

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Chris Leong is the Director of Strategy & Planing of Soft Space Sdn Bhd. He was invited by MDeC Malaysia to share his thoughts on building global competitive Malaysian outsources at the MSC Malaysia SCORE+ Acceleration Programme. His talk is entitled, Dream Big, Always Believe.

Chris Leong is the Director of Strategy & Planing of Soft Space Sdn Bhd. He was invited by MDeC Malaysia to share his thoughts on building global competitive Malaysian outsources at the MSC Malaysia SCORE+ Acceleration Programme. His talk is entitled, Dream Big, Always Believe.

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Dream Big, Always Believe

  1. 1. Chris Leong Director Strategy – Soft Space DREAM BIG, ALWAYS BELIEVE
  2. 2. ABOUT ME Professional • Engineer with a MBA with University of Strathclyde • Co-Author of “Like me, Follow Me” – a book on Social Media • Microsoft MVP for Client Development 2009 • Former head of commercialization for Cradle Fund • Development of the Angel Investment ecosystem • Introduction of the Angel Investment Tax Incentive Fun • Amateur Photographer • Over optimistic marathon runner
  3. 3. ABOUT SOFT SPACE A Mobile Payments Technology Company established in March 2012 that can “transform” every smart devices to a payment accepting terminal
  4. 4. WHAT WE DO All you need is your standard issue smartphone and at least EDGE connectivity The Soft Space Payment App: Enter the amount, process the card, authorise the transaction & issue an e-receipt Attach the chip card reader to the mobile device with the Soft Space app = Instant Card Acceptance Terminal
  5. 5. BENEFITS Cost Efficiencies Great buying Experience Mobility & Convenience Security
  6. 6. INTERNATIONALLY RECOGNIZED Europay, MasterCard & Visa (EMV) Top 3 (Cartes-Asia) MasterCard (MPOS) Program Certified
  7. 7.  1st in Asia to obtain EMV Level 2 Certification for MPOS.  1st company to have a major EMV MPOS rollout in Asia with Kasikorn Bank  Certified as one of MasterCard's preferred MPOS solution providers.  Developed Digital Ordering Platform for iPad at all Sakae Sushi restaurants in Malaysia THE JOURNEY SO FAR…..
  8. 8. KASIKORNBANK - THAILAND
  9. 9. COMING SOON…
  10. 10. WAS IT EASY….?
  11. 11. COMMON OBSTACLES Too young Malaysian Tech? Slow tech adoption
  12. 12. 1. Right People, Right Place, Right Time 2. Leverage 3. Build local, Aim Global HOW DID WE DO IT?
  13. 13. 天时,地利,人和
  14. 14. 3 DRIVING FORCES - ReinforceReinforce
  15. 15. Fun Facts • 1.1 billion out of 5 billion mobiles are smartphones* • 62% of smartphone users are aged 25-34* • 87% use the phone while on the go** • 2 million + Malaysian use smartphones** • 3 out of 4 browse the web using their phones** MOBILE REVOLUTION
  16. 16. Fun Facts • 39% use the phone while going to the bathroom • 48% use the phone while eating • 13% use the phone while having a meaningful conversation MOBILE REVOLUTION
  17. 17. NEXT GEN OF CONSUMERS
  18. 18. Leverage
  19. 19. RIDE THE TSUNAMI OF CHANGE
  20. 20. OUR STRATEGY Low distribution cost The power of smartphones Need of mobility
  21. 21. THE GAP
  22. 22. CROWDFUNDING • 536 crowdfunding platforms • $5.1b raised Kickstarter • 101,679 projects • $563 million raised • Olloclip raised apprximately $68,000
  23. 23. EDUCATION - KHANACADEMY • Over 4200 videos • 6 million unique students visited each month • Curriculum circulated in 20,000 classrooms around the world. • Volunteers have translated Khan’s videos into 24 different languages.
  24. 24. MOBILE PAYMENT • $670billion in 2015 on the transaction in mobile payment • 2015 1 billion smartphones shipped globally • 141 million users globally
  25. 25. TASK RABBIT – CROWD OUTSOURCING • $37.7 million in funding • 4,000 tasksrabbits • 9 Cities Popular tasks • Photographers, Fix Ikea • Shopping • Delivery
  26. 26. Build local, Aim Global
  27. 27. BUILD FOR THE WORLD
  28. 28. BRAIN POWER RULES
  29. 29. NIMBLE AND FLEXIBLE
  30. 30. A CRAZY TEAM
  31. 31. SMALL GUYS VS. BIG GUYS
  32. 32. WHO MOVED MY CHEESE??
  33. 33. RUN…..
  34. 34. Email: chris.leong@softspace.com.my LinkedIn: http://my.linkedin.com/in/chrisle0ng THANK YOU

Editor's Notes

  • USD670 billion 2015 mobile payment6.7+million users do online courseArab Spring – 230,000 daily tweets HusniMuborak40 billion apps download in Apple store

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