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Providing the Insights & Connecting the Industry




                                                   Copyright © 2009 VEYOND PARTNERS

            No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means —
                 electronic, mechanical, photocopying, recording, or otherwise — without the permission of VEYOND PARTNERS
       This document provides an outline of a presentation and is incomplete without the accompanying oral commentary and discussion.
Korea, the Digital Laboratory of the Globe
                                                                                                                                              CEO of Google, Eric Schmidt


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                                                                                                1
Veyond Partners




VEYOND PARTNERS’ main business model is to
provide valuable Research/Insights/
Trends/Knowledge on Korean TMT (Telecom,
Media & Technology) industry to the World.

It also provides the Professional Connecting
Service and Consulting/Advisory Services
to Global clients who want to utilize from Korea’s
advanced Digital Economy experiences.

VEYOND PARTNERS is consisted with seasoned
professionals having extensive knowledge and
experiences on TMT Sector gained from global
companies such as Accenture, Arthur D Little, AT
Kearney, Yahoo, Hyundai and KTF.
                                                         Veyond Partners providing the one week Korean TMT session +benchmark tour named
                                                                 ‘ Journey to Korean Digital Media’ to Norwegian Media Professionals




                                                     2
Veyond Partners in




                       2008. 12.8                                                               2008. 12.11
Industry observers generally agree that mobile-video services for       In a statement, the commission said WIPI had brought some
both 3G and DMB have been financially disappointing.                    efficiency to South Korea’s cell phone market but left it out of step
quot;We are very good at making technology and new services,quot; says          with the global development of phones based on newer types of
Chung Yun-ho, a telecom industry consultant and managing                software. “ The abolition of this rule means this market is going
partner of Seoul-based consulting firm Veyond Partners. “               to be more globalised “ said Chung Yunho and industry
But considering the business model wisely is not something we           consultant at Veyond Partners in Seoul.
are good at.quot;



                                                                    3
Why Veyond Partners?




                           Our service portfolio which includes Research, Consulting,
                           and Venturing, rightly reflects the logical order of clients’
                           needs at each stage of the business.

                           Veyond Partners provides its clients with insightful and
                           perspicacious market intelligence through its research
                           service by leveraging its Korean roots.

                           By offering logical, proven, and practical solutions, Veyond
                           Partners consulting helps its clients to solve business
                           problems regardless of its nature such as what to, whether
                           to and how to do so.

                           Further, Veyond Partners is willing to be long term partners
                           throughout the clients’ venturing; it either helps to find the
                           right partner in Korea or becomes a partner itself by
                           utilizing its extensive business networks.

                           Veyond Partners stands by its clients as an advisor who is
                           independent yet actively participating.




                       4
Veyond Partners’ Unique Value



                            Our business is focusing not in Korean Local market as our primary strategy is providing
                            professional services to Foreign Clients who want to investigate Korean market
                            We do understand not only the Korean market but also consider the delicate situation of our
                            foreign clients and hence try to create our products in International perspective
 Global Perspective         Unlike many typical Korean workers we are confident and comfortable with communicating in
  Global Perspective
         &                  ‘English’ as our working language is not Korean but English
          &
  Communication
   Communication            We already have done several projects/assignments in English and have received excellent
                            feedbacks from our business partners who were from Swiss, UK, Hong Kong, China, Norway
                            Also we are possessing great communication and project management skills in Korean
                            business settings as most our members are ex-management consultants in major consulting
                            firms


                            Our members mostly have great career experiences gained from well established firms such
                            as Accenture, AT Kearney, ADL, KTF, Yahoo, Hyundai to name a few.

                            Most of them are post graduate level educated from prestigious schools either from
                            Korea/Abroad
      Expertise             All of them are energetic enough to venture out their well established previous careers and
       Expertise
          &                 receiving strong reputation from their peer group.
           &
Professional Network
 Professional Network       Members of our firm come from diverse back grounds and industries such as Finance,
                            Telecom, Technology, Marketing, Internet
                            Most of them are possessing significant industry experiences allowing them to have
                            sufficient professional/personal networks which are really important to make the work
                            happen



                                                    5
Veyond Partners’ Work - Consulting




                                                • Created SK Telecom’s Convergence Strategy which
    Consulting
     Consulting                                 can best utilise the resource and capabilities of SK
                                                Telecom (in partnership with with Accenture)

                                                • USIM based Marketing Aggregator model was
    Research                                    suggested alongside with RFID, Digital Home to the
                                                Client


                                                • Developed New Media Channel business strategy
   Conference
                                                focusing on Advertisement in order to enhance SK
                                                corporation’s Marketing Platform and best utilize its
                                                Marketing tool ‘OK Cashbag’

Thought Leadership                              • Created OK Cashbag’s Mobile Marketing strategy
                                                in conjunction with SK Telecom’s 3rd Generation
                                                network initiatives. Also developed new business
                                                models which can best utilise the Mobile features for
                                                OK Cashbag
Venturing Advisory




                                           6
Veyond Partners’ Work - Research




                                              • Made a research report for Fitch Rating on Korean
    Consulting
                                              3G Mobile market focusing on its characteristics and
                                              implications to the Global TMT industry


    Research
     Research                                 • Developed custom research for Accenture’s project
                                              to Major Korean Mobile Network Operator
                                              identifying the benchmark cases on how MNO can
                                              move beyond its own Telecom domain
   Conference

                                              • Provided research insights to Deloitte London
                                              Office’s project on 2012 Digital Media Landscape
                                              outlook reflecting the advanced status of Korean
Thought Leadership                            Digital Media Market


                                              • Provided research to ADL’s Due Diligence project
                                              for Digital Cable TV focusing on assessing
Venturing Advisory
                                              methodology of Cable TV’s Capability/Capex/Opex




                                         7
Veyond Partners’ Work - Conference




                                                     • Gave speech and in-depth discussions to ‘Insights
    Consulting
                                                     and Lessons from Korea & Japan’ Round Table
                                                     Conference held in London


    Research
                                                     • Delivered presentation on ‘How UGC can be
                                                     understood from the Mobile perspective’ focusing
                                                     Korea’s advanced status of Digital Environment*

   Conference
    Conference

                                                     • Moderated the ‘Transforming Digital Television:
                                                     The case for IPTV’ session with the special guests
                                                     from Microsoft, TeliaSonera and Zattoo TV
Thought Leadership


                                                     • Chair Speaker of Mobile TV Asia summit in
                                                     Singapore, on the theme of ‘Accelerating the uptake
Venturing Advisory
                                                     of Mobile TV in Asia’


                                         * Material for the Conference can be downloaded from www.slideshare.net/veyond/yunho-chung


                                         8
Veyond Partners’ Work – Thought Leadership




    Consulting



                           • Appeared on Radio Television Hong Kong’s ‘Media
    Research               Watch’ program as the Expert Interview delivering
                           the Korean Mobile TV overview and evolution


   Conference
                           • Provided the ‘Korean Digital Media Landscape and
                           Dynamics’ to the Norwegian Journalists who are all
                                                                                • Authored the report on
                           covering the New Media Sector
                                                                                Mobile TV market in Korea
Thought Leadership
 Thought Leadership
                                                                                providing insights, trends,
                                                                                statistics, patterns of 2 years
                                                                                Commercialisation
                           • Co- research with Professor Jan Ondrus on the
                                                                                experiences of Korean Mobile
Venturing Advisory         different adoption patterns of Mobile Payment
                                                                                TV
                           depending on the regions




                                                   9
Veyond Partners’ Work – Venturing Advisory




    Consulting                                      • Providing investment advices on Telecom/Media
                                Confidential        sector understanding the market dynamics and
                                  Client            emerging technology considerations

    Research



                                                    • Providing advisory service to a Boutique
                                Confidential
   Conference                                       Investment house who wants to invest in pre-IPO
                                  Client            Technology/Media companies



Thought Leadership

                                                    • Facilitated the two parties looking for the right
                                Confidential
                                                    business partner for sports contents distribution
                                  Client
Venturing Advisory
 Venturing Advisory




                                               10
Clients’ Feedback on Veyond Partners’ Work



Veyond Partners arranged the insightful journey to Korean Digital Media for our group of Norwegian journalists and editors to Korea in an impressive way.
Yunho Chung, Managing Partner of Veyond Partners, is clearly very well connected in the Korean telecom and media industry. He also possesses expert views
of the current status of - and on the future of mobile development, and the use of broadband and wireless communication in real business. On the more private
side, he is also a warm and outgoing person you can trust! I can definitely recommend Yunho Chung both as a service provider and as a business partner


                                                                                      Associate Director, Staale De Lange Kofoed


Yunho is an extremely bright and dedicated person who runs a great company with great people. He is an excellent mentor for his young collaborators. His
wonderful vision about how human capital should be valued in the consulting business is exemplary. Moreover, Yunho is incredibly well connected in the
Korean industry, which makes him an excellent contact to have in Seoul
                                                                                                                       Professor, Jan Ondrus



Veyond Partners is a unique and competitive business partner to ADL. They are equipped with talented personnel having insights and expertise on Telecom,
Media, Internet sector and are always on the edge to others. Their professional services to us played crucial roles on our assignments and we have strong trust
on their advices to us. We enjoy working with them and especially the more challenging the projects their participation proves to be critical.

                                                        Head of TIME Practice, (Telecoms, Information, Media, Electronics) Seoul
                                                                                                                  Hyeoksoo Lee


We work closely with Veyond Partners for our new business development projects continuously and they always proved to bring the ‘Beyond Value’ to us.
Their strong expertise on Digital Market coupled with great insights on Marketing Strategy provided valuable inputs on developing our new businesses. They
are not limiting themselves with ‘Rigid Management Methodologies’ which I have experienced several times while working with Global Management
Consulting Firms and are always creative on providing the right solutions to us. Due to their valuable support, we have close ties with them both in
consulting and advisory.
                                                                                                  Head of New Business, Yohun Song



                                                                               11
Explore Veyond Partners’ Web 2.0




www.koreaninsight.com    www.youtube.com/veyond    www.slideshare.net/Veyond   www.flickr.com/people/18405208@N00




                                                  12
Yunho Chung, Managing Partner of Veyond Partners




                              Yunho Chung
                              Managing Partner, Veyond Partners
                              E-mail: yunho.chung@veyond.com




Yunho Chung is Managing Partner of VEYOND PARTNERS which he founded in 2005.
VEYOND PARTNERS’ main business model is to provide valuable
research/insights/trends, professional knowledge services of Korean TMT (Telecom,
Media & Technology) industry to the World.

He started VEYOND PARTNERS to response to the Global TMT community’s strong
need to know more on Korean TMT industry as he found that there were insufficient
services available to serve that needs. VEYOND PARTNERS is consisted with
seasoned professionals having extensive knowledge and experiences on TMT Sector
gained from global companies such as Accenture, Arthur D Little, AT Kearney,
Hyundai and KTF.

Prior to VEYOND PARTNERS, Yunho worked as a Management Consultant in                  VEYOND HAUS, 310-13
Accenture focusing on Communication & High Tech Industry and during his time in
                                                                                      Sangsu-dong, Mapo-gu
Accenture he has done numerous projects serving clients in Wireless, Fixed, Online
                                                                                       Seoul, 121-829, Korea
Company and more. He holds Master Degree in Management from LSE (London
School of Economics).
                                                                                      Phone   82 2 2233 4445
Recently He appeared in several conferences/seminar/media including iMobicon,         Fax     82 2 2233 4451
BCWW, Mobile Entertainment Market, Wireless World Forum, Radio Television Hong
Kong, Norwegian Institute of Journalism, SK Telecom delivering the speech on mobile
related topics such as Mobile TV, UGC, SNS, WiBro, Web 2.0 and Blogging.
                                                                           13

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Veyond Partners Introduction 200901

  • 1. Providing the Insights & Connecting the Industry Copyright © 2009 VEYOND PARTNERS No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means — electronic, mechanical, photocopying, recording, or otherwise — without the permission of VEYOND PARTNERS This document provides an outline of a presentation and is incomplete without the accompanying oral commentary and discussion.
  • 2. Korea, the Digital Laboratory of the Globe CEO of Google, Eric Schmidt Lesso ea rs – Kor ns fro rade Barrie m Sou When ign T th Kor Broad USTR Fore uth Korea ea: band The future is So 's latest in world Meets AND , LABELING 2004 firms try out the M Indeed S, TESTING Tech ass M , some RD arkeSTANDA ATION revenu operat ety rned most wired soci usly conce t ors a e gro IFIC rio CERT r e s tr u wth fro ment is se almos s is g m the switch gling to gen U.S. govern xclusionary practice t said broa all countrie ch 13, 2005 Korea,quot; erate n The Mar ore popular in rn of e to broa s still h dband m et that a patte quot;It's still much dband ave a becom t MSN lead produc The lo , an long erge es ke Richardson, n rting to em standards for new not so Kore e exception a mass-marke way to go b d Broo U.S. is efore sta t only that the tion a’s exp g of ext genera is Sou t phen manager. quot;It's no in in the sett age e field of n e th Kor omeno obile phone us other coun rience has ea. oadband. M ies in th n. advanced in br technolog import qe is bridging thuestion tries. W e wil ons. a re either. MSN mmunicati l focus nt implicatio is not so high he s: W ha mobile co ile phones, and Korea? Ho ns for t has c here o n unicatio s and mob nced aused n three two worlds of PC Telecomm most adva wh behav ior? An as broadban the rapid pe e have actively critical the world's connectivity. W , Korea is As one of Korea has that f in Korea, likemol.ey from d which pla d changed c netration in ns markets n e of our stuf o mmunicati incubated som -mai yers a re like onsumer South teleco ercializinthe way broadb d mobile e nologies, Korea leads g a t messaging an and? eless tech and W- ly to m mobile instan the c om m -edge wir rvices there that ake ev-do, July 28, 2004 of cutting unched se We have also la variety how much, thema2000 1to offer l and ready for.quot; cd Web had estria quot;I didn't realizes IMT 2000 t th o world was no ing terr rest of Bre adband's future such a until I got to Korea,quot; ell as Renck,uc programmer .by said introd a : Lessons from sting Dcouldn'tw V broadca here MA, as South Korea lT training. C sed digita quot;I baappreciate it until I got satellite- and saw what true high-speed access does to For years, the te in South Korea, wh lecom industry ha change your perception of how fast information s scrutinized deve ere a combinatio n of public suppor lopments created the world truly moves.“ t and strong dem 's most ubiquitous and has broadband networ saturated, there Cumulative revenue from online content has k. Now that the m are new lessons arket is to be learned fro South Korea's br m the South Kore similarly exploded. Companies that provide online oadband provider an experience. s can no longer re profitability. Instea games and services like the Cyworld blogging site ly on higher subs d, they must look criptions to fuel for new growth en networking and fa have penetrated all segments of society and gines, such as ho ster broadband, me and develop skills vast network. Th become a national obsession. Corporate beyond building an eir triumphs and d running a failures will contin industry in other ue to provide less executives chronicle their daily lives through countries. ons for the blogs. 1
  • 3. Veyond Partners VEYOND PARTNERS’ main business model is to provide valuable Research/Insights/ Trends/Knowledge on Korean TMT (Telecom, Media & Technology) industry to the World. It also provides the Professional Connecting Service and Consulting/Advisory Services to Global clients who want to utilize from Korea’s advanced Digital Economy experiences. VEYOND PARTNERS is consisted with seasoned professionals having extensive knowledge and experiences on TMT Sector gained from global companies such as Accenture, Arthur D Little, AT Kearney, Yahoo, Hyundai and KTF. Veyond Partners providing the one week Korean TMT session +benchmark tour named ‘ Journey to Korean Digital Media’ to Norwegian Media Professionals 2
  • 4. Veyond Partners in 2008. 12.8 2008. 12.11 Industry observers generally agree that mobile-video services for In a statement, the commission said WIPI had brought some both 3G and DMB have been financially disappointing. efficiency to South Korea’s cell phone market but left it out of step quot;We are very good at making technology and new services,quot; says with the global development of phones based on newer types of Chung Yun-ho, a telecom industry consultant and managing software. “ The abolition of this rule means this market is going partner of Seoul-based consulting firm Veyond Partners. “ to be more globalised “ said Chung Yunho and industry But considering the business model wisely is not something we consultant at Veyond Partners in Seoul. are good at.quot; 3
  • 5. Why Veyond Partners? Our service portfolio which includes Research, Consulting, and Venturing, rightly reflects the logical order of clients’ needs at each stage of the business. Veyond Partners provides its clients with insightful and perspicacious market intelligence through its research service by leveraging its Korean roots. By offering logical, proven, and practical solutions, Veyond Partners consulting helps its clients to solve business problems regardless of its nature such as what to, whether to and how to do so. Further, Veyond Partners is willing to be long term partners throughout the clients’ venturing; it either helps to find the right partner in Korea or becomes a partner itself by utilizing its extensive business networks. Veyond Partners stands by its clients as an advisor who is independent yet actively participating. 4
  • 6. Veyond Partners’ Unique Value Our business is focusing not in Korean Local market as our primary strategy is providing professional services to Foreign Clients who want to investigate Korean market We do understand not only the Korean market but also consider the delicate situation of our foreign clients and hence try to create our products in International perspective Global Perspective Unlike many typical Korean workers we are confident and comfortable with communicating in Global Perspective & ‘English’ as our working language is not Korean but English & Communication Communication We already have done several projects/assignments in English and have received excellent feedbacks from our business partners who were from Swiss, UK, Hong Kong, China, Norway Also we are possessing great communication and project management skills in Korean business settings as most our members are ex-management consultants in major consulting firms Our members mostly have great career experiences gained from well established firms such as Accenture, AT Kearney, ADL, KTF, Yahoo, Hyundai to name a few. Most of them are post graduate level educated from prestigious schools either from Korea/Abroad Expertise All of them are energetic enough to venture out their well established previous careers and Expertise & receiving strong reputation from their peer group. & Professional Network Professional Network Members of our firm come from diverse back grounds and industries such as Finance, Telecom, Technology, Marketing, Internet Most of them are possessing significant industry experiences allowing them to have sufficient professional/personal networks which are really important to make the work happen 5
  • 7. Veyond Partners’ Work - Consulting • Created SK Telecom’s Convergence Strategy which Consulting Consulting can best utilise the resource and capabilities of SK Telecom (in partnership with with Accenture) • USIM based Marketing Aggregator model was Research suggested alongside with RFID, Digital Home to the Client • Developed New Media Channel business strategy Conference focusing on Advertisement in order to enhance SK corporation’s Marketing Platform and best utilize its Marketing tool ‘OK Cashbag’ Thought Leadership • Created OK Cashbag’s Mobile Marketing strategy in conjunction with SK Telecom’s 3rd Generation network initiatives. Also developed new business models which can best utilise the Mobile features for OK Cashbag Venturing Advisory 6
  • 8. Veyond Partners’ Work - Research • Made a research report for Fitch Rating on Korean Consulting 3G Mobile market focusing on its characteristics and implications to the Global TMT industry Research Research • Developed custom research for Accenture’s project to Major Korean Mobile Network Operator identifying the benchmark cases on how MNO can move beyond its own Telecom domain Conference • Provided research insights to Deloitte London Office’s project on 2012 Digital Media Landscape outlook reflecting the advanced status of Korean Thought Leadership Digital Media Market • Provided research to ADL’s Due Diligence project for Digital Cable TV focusing on assessing Venturing Advisory methodology of Cable TV’s Capability/Capex/Opex 7
  • 9. Veyond Partners’ Work - Conference • Gave speech and in-depth discussions to ‘Insights Consulting and Lessons from Korea & Japan’ Round Table Conference held in London Research • Delivered presentation on ‘How UGC can be understood from the Mobile perspective’ focusing Korea’s advanced status of Digital Environment* Conference Conference • Moderated the ‘Transforming Digital Television: The case for IPTV’ session with the special guests from Microsoft, TeliaSonera and Zattoo TV Thought Leadership • Chair Speaker of Mobile TV Asia summit in Singapore, on the theme of ‘Accelerating the uptake Venturing Advisory of Mobile TV in Asia’ * Material for the Conference can be downloaded from www.slideshare.net/veyond/yunho-chung 8
  • 10. Veyond Partners’ Work – Thought Leadership Consulting • Appeared on Radio Television Hong Kong’s ‘Media Research Watch’ program as the Expert Interview delivering the Korean Mobile TV overview and evolution Conference • Provided the ‘Korean Digital Media Landscape and Dynamics’ to the Norwegian Journalists who are all • Authored the report on covering the New Media Sector Mobile TV market in Korea Thought Leadership Thought Leadership providing insights, trends, statistics, patterns of 2 years Commercialisation • Co- research with Professor Jan Ondrus on the experiences of Korean Mobile Venturing Advisory different adoption patterns of Mobile Payment TV depending on the regions 9
  • 11. Veyond Partners’ Work – Venturing Advisory Consulting • Providing investment advices on Telecom/Media Confidential sector understanding the market dynamics and Client emerging technology considerations Research • Providing advisory service to a Boutique Confidential Conference Investment house who wants to invest in pre-IPO Client Technology/Media companies Thought Leadership • Facilitated the two parties looking for the right Confidential business partner for sports contents distribution Client Venturing Advisory Venturing Advisory 10
  • 12. Clients’ Feedback on Veyond Partners’ Work Veyond Partners arranged the insightful journey to Korean Digital Media for our group of Norwegian journalists and editors to Korea in an impressive way. Yunho Chung, Managing Partner of Veyond Partners, is clearly very well connected in the Korean telecom and media industry. He also possesses expert views of the current status of - and on the future of mobile development, and the use of broadband and wireless communication in real business. On the more private side, he is also a warm and outgoing person you can trust! I can definitely recommend Yunho Chung both as a service provider and as a business partner Associate Director, Staale De Lange Kofoed Yunho is an extremely bright and dedicated person who runs a great company with great people. He is an excellent mentor for his young collaborators. His wonderful vision about how human capital should be valued in the consulting business is exemplary. Moreover, Yunho is incredibly well connected in the Korean industry, which makes him an excellent contact to have in Seoul Professor, Jan Ondrus Veyond Partners is a unique and competitive business partner to ADL. They are equipped with talented personnel having insights and expertise on Telecom, Media, Internet sector and are always on the edge to others. Their professional services to us played crucial roles on our assignments and we have strong trust on their advices to us. We enjoy working with them and especially the more challenging the projects their participation proves to be critical. Head of TIME Practice, (Telecoms, Information, Media, Electronics) Seoul Hyeoksoo Lee We work closely with Veyond Partners for our new business development projects continuously and they always proved to bring the ‘Beyond Value’ to us. Their strong expertise on Digital Market coupled with great insights on Marketing Strategy provided valuable inputs on developing our new businesses. They are not limiting themselves with ‘Rigid Management Methodologies’ which I have experienced several times while working with Global Management Consulting Firms and are always creative on providing the right solutions to us. Due to their valuable support, we have close ties with them both in consulting and advisory. Head of New Business, Yohun Song 11
  • 13. Explore Veyond Partners’ Web 2.0 www.koreaninsight.com www.youtube.com/veyond www.slideshare.net/Veyond www.flickr.com/people/18405208@N00 12
  • 14. Yunho Chung, Managing Partner of Veyond Partners Yunho Chung Managing Partner, Veyond Partners E-mail: yunho.chung@veyond.com Yunho Chung is Managing Partner of VEYOND PARTNERS which he founded in 2005. VEYOND PARTNERS’ main business model is to provide valuable research/insights/trends, professional knowledge services of Korean TMT (Telecom, Media & Technology) industry to the World. He started VEYOND PARTNERS to response to the Global TMT community’s strong need to know more on Korean TMT industry as he found that there were insufficient services available to serve that needs. VEYOND PARTNERS is consisted with seasoned professionals having extensive knowledge and experiences on TMT Sector gained from global companies such as Accenture, Arthur D Little, AT Kearney, Hyundai and KTF. Prior to VEYOND PARTNERS, Yunho worked as a Management Consultant in VEYOND HAUS, 310-13 Accenture focusing on Communication & High Tech Industry and during his time in Sangsu-dong, Mapo-gu Accenture he has done numerous projects serving clients in Wireless, Fixed, Online Seoul, 121-829, Korea Company and more. He holds Master Degree in Management from LSE (London School of Economics). Phone 82 2 2233 4445 Recently He appeared in several conferences/seminar/media including iMobicon, Fax 82 2 2233 4451 BCWW, Mobile Entertainment Market, Wireless World Forum, Radio Television Hong Kong, Norwegian Institute of Journalism, SK Telecom delivering the speech on mobile related topics such as Mobile TV, UGC, SNS, WiBro, Web 2.0 and Blogging. 13