With the prevalence of devices that comprise mobile telephony, computing, TV and audio capabilities, consumers and businesses are pushing hard and fast to embrace convergence of technologies. A PricewaterhouseCoopers (PwC) analysis reveals a dramatic rise in total spending across the converging sectors: communications, entertainment, and technology, creating a burst of innovation.
Companies can harness the opportunities around convergence and translate them into value creation. The corporate winners will be those companies who nimbly manage change to fuse state-of-the-art technology with a clear vision of the future.
Meeting Your Needs
PricewaterhouseCoopers’ Technology Sector practice consists of multidisciplinary industry experts who work closely with clients to solve complex business problems and enhance their ability to build value, manage risk and improve performance in an internet-enabled world. Whether it's developing and understanding new business models, managing the value of new alliances, intellectual property management, revenue assurance, transaction support or talent management, PricewaterhouseCoopers can help you. Our extensive network of professionals provides in-depth local experience supported by an extensive global network.
A new and open business model is the way to manage convergence, realise its potential and enable sustainable shareholder value. Using an open business model, PwC can help you:
Mergers and Acquisitions (M&A)
At each stage of the M&A transaction process — from valuation to negotiation to completion, PricewaterhouseCoopers can help you achieve your strategic goals. Read more about our M&A service offerings .
Maximising the value of intellectual property
Industry convergence, mergers & acquisitions, leapfrogging technologies pressure today’s companies to take a closer look at exploiting and protecting their intellectual capital. The selling and buying of intellectual property assets can reduce risk, accelerate time-to-market, and offer companies a real competitive advantage. At the same time, protecting intellectual property is equally critical. Intellectual property is a business, financial, and competitive asset—to be managed, protected, and maximised.
PricewaterhouseCoopers steps up to the challenges facing technology companies to effectively manage intellectual property. We identify and value intellectual property, help companies recognise symptoms of under-utilised intellectual property, ensure effective rights and royalty management, and support portfolio management to maximise intellectual asset value.
Outsourcing is not new, but it can be complicated to evaluate and implement. The functions and processes that lend themselves to outsourcing for technology companies include: software development, application hosting, data centres, network management, and back office functions. The promise of cost savings can be a major incentive to explore overseas outsourcing options. But some companies fail to understand the practical considerations and risks.
- Capture new revenue
- Integrate acquisitions rapidly without sacrificing value
- Understand consumers without getting lost in data
- Open up infrastructure and maintain security
- Create open partnerships while protecting intellectual property
- Drive new innovations while managing risk
The most successful companies conduct sufficient upfront feasibility and execution planning.
PwC works with clients and service providers to create the most effective and efficient outsourcing solutions. Our feasibility and business case assessment, human resources, tax structuring, governance and controls and overall operational advisory services - work in tandem to provide an optimal solution with suitable service providers.
Refer to this link for more on PwC’s Advisory services in the areas of outsourcing and shared services.
How hard can it be to recognise revenue? As the rules struggle to keep pace with evolving technologies and advanced business models, technology companies are under pressure to ensure compliance and transparency.
For successful compliance, companies should have a detailed revenue recognition policy and checklist; set the right tone at the top; train sales and contract personnel; use standard contracts; have a point-person in charge of revenue recognition; and obtain early advice for complex deals.
One of the key elements to success is having the right tools. PricewaterhouseCoopers distinguishes itself on its revenue recognition technical authority. Our global network is updated monthly on the latest developments. Click here to find out more about the software revenue recognition.
PricewaterhouseCoopers can work with you to develop the right Human Resource solution encompassing talent attraction and retention strategies; performance-based compensation plans; competitive health and benefits programs as well as tax compliance and outsourcing strategies.
Infocomm Advisory Services
PricewaterhouseCoopers advises Infocomm clients across the region on operational and control improvements, cost management, revenue maximisation, accounting advisory strategic planning and M&A transactions. Read more about our Infocomm Advisory Services .
Leading technology solutions provider
Our client is a leading technology solutions provider with extensive operations in the Asia Pacific region.
As the trusted business adviser to the “C-suite”, PwC assisted our client in the following areas:
- Alignment to local tax regulations and achievement of optimum tax effectiveness
- Licensing support within Asia
- Investigations and forensic imaging of computer systems in relation to the risk of misappropriation of company assets
- Development and roll-out of business continuity plans to support critical business operations
- Identification of internal control gaps and areas for performance improvement through regular internal audits
- Partnered the client in their efforts to transform its control environment and develop its compliance programme