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>