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2018 Startup GUIDE - 10th Edition

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COVER STORIES 49<br />

Post<br />

Getting new ideas off the ground<br />

Interview with Thierry Golliard, Head of<br />

Open Innovation & Venturing, Swiss Post<br />

Why does Swiss Post want to invest in start-ups?<br />

Swiss Post wants to become better acquainted with new technologies<br />

and business models in order to actively use them and ensure<br />

access to emerging markets. Investments in start-ups also<br />

help Swiss Post to create additional demand for existing or new<br />

Swiss Post products.<br />

A DRONE OPERATED BY SWISS POST THAT<br />

CONNECTS TWO HOSPITALS IN LUGANO SINCE<br />

NOVEMBER 2017<br />

Swiss Post has been constantly evolving ever since it was<br />

founded in 1849. Even today, its markets are undergoing rapid<br />

transformation due to new technologies and changing customer<br />

needs. In response to these developments Swiss Post<br />

has launched a variety of new digital services such as e-voting,<br />

e-health, self-driving Postbuses and delivery by drone.<br />

The journey will continue. Swiss Post’s business development areas<br />

cover:<br />

• Digital Trust (including e-health, e-voting and e-justice)<br />

• E-commerce<br />

• Digital financial services<br />

• Mobility<br />

• Cross channel communication<br />

• Business process outsourcing<br />

Swiss Post also remains open to new business opportunities in areas<br />

such as the collaborative economy, trusted platforms, blockchain,<br />

autonomous, analytics or smart cities.<br />

What kind of start-ups does Swiss Post invest in?<br />

Swiss Post invests in early stage companies that fit well with the<br />

Group’s business development areas and offer potential for Swiss<br />

Post’s core competencies to make a significant contribution to<br />

their success. In return, Swiss Post aims to take a minority interest.<br />

This ensures the ability of the start-up to develop and go to<br />

market with agility and autonomy.<br />

Why should a start-up collaborate with Swiss Post?<br />

There are several benefits. The start-up benefits from Swiss Post’s<br />

core competencies and from existing structures. Swiss Post can<br />

bring immediate strategic value as an investor sharing its strong<br />

business knowledge and market understanding. It can also connect<br />

the start-up with internal and external experts, and with partners<br />

or customers to validate market needs. As a strategic investor<br />

Swiss Post can take the time needed and has no predefined<br />

exit deadline.<br />

With how many start-ups are you in contact with each<br />

year?<br />

We have been conducting Open Innovation projects with startups<br />

since 2012. We get in touch with more than a hundred startups<br />

per year and this number is growing. We focus on the cases<br />

that make strategic sense for the company and always seek the<br />

feedback of our business units to increase start-up market understanding.<br />

Every year we work with 10 to 20 start-ups to conduct<br />

and finance open innovation projects. We have the ambition to<br />

make several venture capital investments each year.<br />

Investments in start-ups<br />

Swiss Post has in the last decade strengthened its position within<br />

the innovation space by developing strong relationships with<br />

start-ups, innovation hubs, universities and research labs. The<br />

company believes in open innovation. It has launched several projects<br />

together with start-ups und has started to invest in them if<br />

they fit the company’s business development areas.<br />

THIERRY<br />

GOLLIARD<br />

Head of Open<br />

Innovation &<br />

Venture Capital,<br />

Swiss Post<br />

SWISS STARTUP <strong>GUIDE</strong> <strong>2018</strong>

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