You know what doesn't make any sense in this post? It's the phrase, "looking to capture market share in APAC".expatexpat wrote:Thanks zzm, most of what you said makes lot of sense. I am aware of extreme bureaucracy in Singapore based companies and disadvantages of being part of regional HQ for large MNC.
The future is in product companies like Splunk, Palo Alto, Fireeye, et al. They are slush with IPO money and looking to capture market share in APAC, and using Singapore as Hub. They present lot of opportunity, exposure, fast growth, and hot cash. I am targeting such companies, they will drive next gen Security, services have no charm left - been there done that. Lets see how it works out, chasing few of them currently.
I am afraid, I have to disagree. If you are saying APAC business is only about MNCs based out of US or EMEA, then you're greatly mistaken. Japan for example doesn't have much MNC presence and the market is completely virgin, at least 10 years behind in Security Initiatives, and the country is 2nd largest economy in the world. China, the top 4 banks, are local banks, the economy is not driven by MNCs. As I said, Singapore is becoming a HUB for entire APAC, which is a $30B market and growing. Singapore will drive the entire region.Strong Eagle wrote:You know what doesn't make any sense in this post? It's the phrase, "looking to capture market share in APAC".expatexpat wrote:Thanks zzm, most of what you said makes lot of sense. I am aware of extreme bureaucracy in Singapore based companies and disadvantages of being part of regional HQ for large MNC.
The future is in product companies like Splunk, Palo Alto, Fireeye, et al. They are slush with IPO money and looking to capture market share in APAC, and using Singapore as Hub. They present lot of opportunity, exposure, fast growth, and hot cash. I am targeting such companies, they will drive next gen Security, services have no charm left - been there done that. Lets see how it works out, chasing few of them currently.
You seem to have missed the point of my post and that of zzm. There are very few MNC's with headquarter operations in Singapore... Stan Chart is the only one I can think of.
Decisions about security, vendors, and new technologies are NOT being made in Singapore... they are being made in the US, UK, EU... or wherever the MNC has decided to create its global presence.
Who are these companies going to market to? I'm telling you, titles like "regional vice president" are rapidly disappearing to be replaced by titles like "global manager, virtual teams, security".
If these companies think they are actually going to market in Singapore, other than to local companies, I'm ready to short their stock.
"Hot money" is shit... if these companies actually want to break into the MNC market, they are going to be working out of New York, London, Houston, Germany, Australia... because that's where the decisions are being made... not in Singapore.... unless you're trying to sell a $35 product to a local pte ltd.
Edited to add: All of the contracts/projects which I rescued over the last 8 years or so were signed in the USA, Germany, or Australia. It may have been the regional arm that hired me to do the rescue... just pointing out that the strategic decisions are not being made in Singapore... and that includes security.
I was gonna ask same thing.Strong Eagle wrote:If you say so. I mean, since you know all the hot companies and all the hot countries and customers, why are you asking what to do here? If I knew all the hot companies and customers I'd be contacting them directly. Ja?
Singapore becoming an APAC hub for developing security markets in Tokyo and China?expatexpat wrote:I am afraid, I have to disagree. If you are saying APAC business is only about MNCs based out of US or EMEA, then you're greatly mistaken. Japan for example doesn't have much MNC presence and the market is completely virgin, at least 10 years behind in Security Initiatives, and the country is 2nd largest economy in the world. China, the top 4 banks, are local banks, the economy is not driven by MNCs. As I said, Singapore is becoming a HUB for entire APAC, which is a $30B market and growing. Singapore will drive the entire region.Strong Eagle wrote:You know what doesn't make any sense in this post? It's the phrase, "looking to capture market share in APAC".expatexpat wrote:Thanks zzm, most of what you said makes lot of sense. I am aware of extreme bureaucracy in Singapore based companies and disadvantages of being part of regional HQ for large MNC.
The future is in product companies like Splunk, Palo Alto, Fireeye, et al. They are slush with IPO money and looking to capture market share in APAC, and using Singapore as Hub. They present lot of opportunity, exposure, fast growth, and hot cash. I am targeting such companies, they will drive next gen Security, services have no charm left - been there done that. Lets see how it works out, chasing few of them currently.
You seem to have missed the point of my post and that of zzm. There are very few MNC's with headquarter operations in Singapore... Stan Chart is the only one I can think of.
Decisions about security, vendors, and new technologies are NOT being made in Singapore... they are being made in the US, UK, EU... or wherever the MNC has decided to create its global presence.
Who are these companies going to market to? I'm telling you, titles like "regional vice president" are rapidly disappearing to be replaced by titles like "global manager, virtual teams, security".
If these companies think they are actually going to market in Singapore, other than to local companies, I'm ready to short their stock.
"Hot money" is shit... if these companies actually want to break into the MNC market, they are going to be working out of New York, London, Houston, Germany, Australia... because that's where the decisions are being made... not in Singapore.... unless you're trying to sell a $35 product to a local pte ltd.
Edited to add: All of the contracts/projects which I rescued over the last 8 years or so were signed in the USA, Germany, or Australia. It may have been the regional arm that hired me to do the rescue... just pointing out that the strategic decisions are not being made in Singapore... and that includes security.
What you said may be true in past/present/Singapore context, but totally untrue in immediate-to-distant future APAC context.
was it a premium linkedIn account?expatexpat wrote:Well...let me say that at least it was an engaging discussion. Thanks all for your inputs regardless of the content.
Received my first interview call through LinkedIn from a leading product company - all expense paid. I will divulge and provide more details if things go well.
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