IT Brief Australia logo
Technology news for Australia's largest enterprises
Story image

Konica Minolta reaffirms its commitment to Aussie innovation

By Shannon Williams
Wed 3 Feb 2016
FYI, this story is more than a year old

Konica Minolta is reaffirming its commitment to local innovation through its Asia Pacific Innovation Centre.

The Australian company has also announced it has established an Australian-based Innovation and Healthcare team, and has aligned with the Australian Government’s National Innovation and Science Agenda.

Konica Minolta first launched its Asia-Pacific BIC in January 2014. The BIC manages the entire lifecycle of service development and incubation activities, from ideation, proof-of-concepts and pilot programs to business development and actual business deployment activities.

According to the company, the Innovation and Healthcare team furthers the work of the BIC in Australia by assisting with local investments, and developing the market for overseas-made innovations and investments.

Most recently, the BIC invested in Clevertar. Clevertar is a spin-out of Flinders University in South Australia. Founded in 2012, it builds and deploys avatars or digital agents into resource intensive markets such as chronic illness and aged care.

 “Konica Minolta welcomes the government’s National Innovation and Science Agenda,” says Martin Keetels, business development manager, Konica Minolta Asia-Pacific BIC.

“We believe this is a statement of intent to transition Australia away from being a resource reliant economy to one that supports and values the entrepreneurial endeavours of its citizens,” he says.

“Konica Minolta is pro-innovation and pro-Australian start-up. We have made, and will continue to make, seed investments in local start-ups,” Keetels explains.

“We have found innovation investment to be a win-win for us, and the investee alike. We win by being exposed to small, agile teams that are creatively solving the problems of their customers,” he says.

“The start-up wins by having the opportunity to interact with, and take advantage of our company’s expertise. They can gain access to capital, sophistication around business development and customer relationships, and mature systems and processes.

“Our own innovation focus is already closely aligned with the key pillars of the National Innovation and Science Agenda including culture and capital, collaboration, and talent and skills,” adds Keetels.

Culture and capital

Keetels  says innovation is a key part of Konica Minolta’s culture.

“The National Innovation and Science Agenda states that innovation is about new and existing businesses creating new products, processes and business models.

“Konica Minolta supports innovation in two ways. Firstly, we encourage intrapreneurs in the BIC, who work on creative solutions.

"Secondly, we invest in start-ups with a real focus on innovation,” he explains. “The majority of our investments are outside of Konica’s Minolta’s core business, which means diversifying the company’s revenue base.”


“The National Innovation and Science Agenda states that we need to encourage Australia’s world-class researchers and businesses to collaborate to shape our future industries and generate wealth,” says Keetels.

“The Asia-Pacific BIC works with customers and partners to develop new services for the region,” he says.

Konica Minolta’s collaboration partners range from solution providers, start-ups, and research institutions, to crowdsourcing channels to develop and incubate new services.

“All of our investments are contingent upon an ongoing supportive relationship with the receiving company,” Keetels explains.

“Through collaboration, Konica Minolta receives access to new markets and services, and the start-up can tap into expertise at Konica Minolta such as sales and marketing.

Further, as the start-ups develop and the investments mature, the global network of BICs will offer a valuable channel to market for those businesses looking to expand regionally and globally,” Keetels continues.

“Konica Minolta has an innovation footprint that each of our investments can leverage.”

Talent and skills

Konica Minolta assesses the strength of the management team in the investment company as one of the core criteria.

“In the start-up phase there is often a need for the product or service to pivot as the innovation cycle matures,” says Keetels.

“The management team’s strength and ability to acknowledge and execute this pivot can mean the difference between failure and success. Konica Minolta spends time getting to know the owners of the business and identifying good operators to work with,” he says.

"At the BIC, we are always looking for talent outside of Konica Minolta’s core market for the relationships people can bring, and their experience,” Keetels explains.

“This includes areas such as healthcare, food and beverage technology, tourism and hospitality technology.”

Keetels says there is an exciting opportunity for Australian organisations to get behind innovation.

“The tax advantages are great too. While that’s not why we love the Australian start-up, it’s a great initiative from the Turnbull Government,” he says.  

Related stories
Top stories
Story image
Bridgestone Australia uses Dematic's AGVs to optimise warehouse operations
Bridgestone Australia has deployed Dematic's Automated Guided Vehicle solution across its new Melbourne warehouse in Truganina.
Story image
Marketplacer and Adobe accelerate partnership for enhanced commerce solutions
Marketplacer has accelerated its partnership with Adobe in order to further enhance the global commerce marketplace.
Story image
Rubber Monkey gears up for Aussie market with latest capital raise
Rubber Monkey is seeking to raise up to NZ$2.5 million of new capital through online investment platform, Snowball Effect.
Story image
ABI Research
NaaS market expected to reach $150B by 2030 - research
"The market is immature and fragmented, but telco market revenue will exceed US$75 billion by 2030 if they act now and transform to align with requirements."
Story image
Tech job moves
Tech job moves - Bitdefender, Cohesity, Fortinet & MODIFI
We round up all job appointments from June 27-30, 2022, in one place to keep you updated with the latest from across the tech industries.
Story image
Australian consumers loyal to retailers who deliver speed and visibility
SOTI finds extensive order visibility and speed are the most important factors for turning one-off customers into loyal, long-term buyers.
Story image
Jamf introduces new content filtering solution for education providers
Jamf has announced the launch of Jamf Safe Internet, a new offering that looks to deliver a safe online experience to students while offering better management options for admins.
Story image
Examining the future of ransomware threats with Vectra’s CTO
As customers' valuable data move to the cloud, so will ransomware. What is the current landscape and what do we need to know?
Story image
Adobe study finds lack of digital trust and utilisation in Australian Government agencies
New research commissioned by Adobe has revealed a significant lack of digital trust within Australian Government departments, along with the continued underutilisation of key digital processes.
Story image
Honeywell named Frankston facility services provider
Honeywell has been named the joint facility services provider for Frankston Hospital’s AU$1.1 billion redevelopment.
Digital Transformation
Discover the 5 signs your business is ready for a cloud-based ERP. Is your business being left behind as more of your competitors switch to the cloud?
Link image
Story image
Enterprise Resource Planning / ERP
Five ways your ERP is letting you down and why it's time for a change
Wiise explains while moving to a new system may seem daunting, the truth is that legacy systems could be holding your business back.
Story image
EXCLUSIVE: Finding the best data center for your business needs with datacenterHawk
Companies using cloud are consistently looking for the best storage solutions to suit their enterprise needs and often have to go through rather complex processes in order to find the right fit.
Supply chain
Discover the 4 critical priorities for wholesale distribution businesses in FY23. Are you worried about how supply chain issues may affect your business in 2023?
Link image
Discover the 5 ways your ERP may be letting you down. Is your current system outdated, difficult to manage, and costing you a fortune?
Link image
WSLHD and PwC’s Consulting Business came together to solve through the challenges of COVID-19. A model of care was developed to the NSW Health Agency for Clinical Innovation guidelines with new technology platforms and an entirely new workforce.
Link image
Project management
Discover the 4 crucial factors for choosing the right job-costing solution. Is your team struggling to cost jobs and keep projects running on budget?
Link image
Story image
NEC expands Open RAN ecosystem with Aspire Tech acquisition
With its agreement to acquire Aspire Technology, NEC Corporation has further increased its capacity to deliver End-to-End Open RAN ecosystems.
Story image
Industry-first comprehensive risk-based API security enhances protection
Application Programming Interfaces (APIs) have become a crucial part of operating web and mobile application businesses and are causing significant economic growth in the digital sector.
Story image
Without trust, your security team is dead in the water
The rise of cyberattacks has increased the need for sound security that works across any type of business, but with any change, buy-in is essential. Airwallex explains why.
Story image
Data Protection
Five signs your business is ready to move to the cloud
Many organisations are thinking about moving to the cloud. But what are the signs you are ready, and what are the reasons to move?
Story image
Barracuda customises training to fit ACSC Essential Eight
Barracuda has announced that its Security Awareness Training now provides a customised training curriculum in line with the Australian Cyber Security Centre’s (ACSC) Essential Eight.
Story image
Artificial Intelligence
Eight top DevSecOps trends to support IT innovation in 2022
The use of DevSecOps practices is growing, as it is increasingly seen as the best way to produce high-quality and secure code. So what are the current trends?
Story image
Artificial Intelligence
Accenture shares the benefits of supply chain visibility
It's clear that gaining better visibility into the supply chain will help organisations avoid excess costs, inefficiencies, and complexity to ultimately improve their bottom line.
Story image
Appian unveils low-code certification program in Australia
Appian has announced a program to provide the next generation of low-code developers with access to education on the subject and certification to foster career opportunities.
Story image
Four factors to consider when choosing the right job accounting solution
Progressive job-based businesses can achieve success by strengthening their ability to quantify every cost attributable to the delivery of an outcome for a customer.
Story image
Artificial Intelligence
Vectra AI named as AWS security competency partner
Threat detection and response company Vectra AI has announced that it has become an Amazon Web Services Security Competency Partner.
Story image
Enterprise service management: the importance of a one-stop shop
In an online world, employees and end-users want one place to go for all their questions and requests. Intranet technology and self-service portals are useful tools that help serve this purpose.
Story image
Colt launches new SASE Gateway solution with Versa
Colt Technology Services’ customers now have access to an integrated full SASE solution that brings together SD WAN and SSE features.
Story image
How Airwallex helps businesses achieve globalisation success
As markets continue to shift, businesses need to be able to provide the same quality of service for customers regardless of where they are located around the world.
Story image
Tech and data’s role in the changing face of compliance
Accenture's study found that 93% of respondents agree or strongly agree new technologies such as AI and cloud make compliance easier.
Story image
Delinea’s Joseph Carson recognised with OnCon Icon Award
Delinea chief security scientist and advisory CISO Joseph Carson has been recognised as a Top 50 Information Security Professional in the 2022 OnCon Icon Awards.
Story image
Four things wholesale distributors need to consider for FY2023
In a post-pandemic world, there are many things for a distribution business to juggle. ERP solutions company Wiise narrows down what companies should focus on.
PwC's Consulting Business and PwC's Indigenous Consulting are proud to play an important role in helping Australian Indigenous Mentoring Experience build IMAGI-NATION, a free online university for marginalised communities around the world.
Link image
Story image
The next stage for 5G in thermal materials - IDTechEx
IDTechEx says higher frequency deployments, such as mmWave devices and very different station types such as small cells, present their own technological evolution and, with it, thermal challenges. 
Story image
Monitors are an excellent incentive for getting employees back
The pandemic has taught us that hybrid working is a lot easier than we would’ve thought, so how can the office be made to feel as comfortable as home? The answer could be staring you in the face right now.
Story image
Security Information and Event Management (SIEM)
LogRhythm updates SIEM Platform with latest innovations
LogRhythm has announced the launch of version 7.9 of the LogRhythm SIEM Platform and updates to LogRhythm NDR and LogRhythm UEBA.
Story image
To win at 5G, telcos must tame their quoting chaos
The catalogs of CSP (communication service providers) market offerings are set to explode as new digital services emerge, powered by B2B2X business models.
Story image
How New South Wales state departments achieved cloud migration success
State departments in New South Wales are heading to the cloud to achieve better workflow solutions, and one company is paving the way for their success.
Story image
How the metaverse will change the future of the supply chain
The metaverse is set to significantly change the way we live and work, so what problems can it solve in supply chain management?
Story image
Artificial Intelligence
Salesforce announces new innovations for financial services
Salesforce has launched expanded financial services that offer more targeted and trusted automation to help teams unlock insights, deliver better customer service, and drive operational efficiencies.
Story image
How organisations can mitigate IoT and IIoT security risks
IoT and IIoT come with inherent risks because they are often deployed faster than they can be secured, putting organisations in danger of cyber threats. Here are tips on how to mitigate those risks.
Story image
Digital Fingerprint
Decline in counterfeit cherries after digital fingerprinting
Reid Fruits says there’s been a dramatic decline in counterfeit products for its cherries over the past three export seasons to Asia because of digital fingerprinting.
Story image
What brands can expect from Amazon Prime Day in Australia
Amazon Prime Day is the annual two-day shopping event, kicking off this year from July 12-13 and is the global online shopping platform's biggest sales event.