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Olivier Bessi, FinTech Managing Director at StarThrough a close co-creation process, Star builds solutions focused on impact, scalability and performance. Their work with clients such as Expensify, Paidy, 1800-Accountant, BMW Group, Panasonic, Lufthansa and Xerox has impacted 500 million people worldwide and garnered nearly 30 design awards.
Star’s FinTech Managing Director Olivier Bessi explains that Star is a one-stop innovation partner that “blends end-to-end strategy, design and engineering to support companies in launching and evolving user-centric and scalable digital finance solutions. In addition, we help our clients to navigate compliance, forge strategic partnerships and integrate into the technology ecosystem. Everything we do is focused on accelerating their growth.”
The timing couldn’t be more critical, with more emphasis than ever on startups achieving profitability quickly and legacy firms to digitally transforming for the new era along with global macroeconomic challenges. Star’s work spans the finance ecosystem and includes payments, card issuance, neobanks, insurers and other submarkets.
The consultancy fuses sector knowledge and cross-functional teams with deep design and engineering skills.
Take, for instance, their work with Paidy—Japan’s number one Buy Now, Pay Later (BNPL) provider. Their challenge is one many companies would love to face—where do you go when you are already at the top? More importantly, how can you do it quickly when market competition is rising fast? Paidy knew they wanted to expand functionality and open new customer bases.
Based on deep market analysis and user research, Star helped them build a strategy tailored to their strengths. From here, a full project team consisting of a Product Manager, UX designers, DevOps, and QA engineers helped craft an end-to-end in-app shopping experience aggregating Paidy merchants across Japan. Best of all, they were able to release an MVP of the new solution in just three months from project start. Soon after, PayPal acquired Paidy for $2.7B citing Paidy’s strong technology, growth vision and product as key reasons behind the blockbuster move.
We help fast-track growth through FinTech IT expertise, ecosystem partnerships and technology development to accelerate innovation and help clients launch scalable, compliant and user-centric digital finance solutions
Star’s work in FinTech continues to accelerate. This year alone, they’ve onboarded several high-profile clients including a FinTech unicorn startup, a fast-growing accountancy and a wealth management firm. They trust Star as their technology, business strategy and financial industry partner.
Welcome to the trucking company of tomorrow. Here, the fast-rise of digital has transformed nearly every other layer of the in and out-of-cabin experience, creating new revenue, collaboration, and brand opportunities for manufacturers.
This report focuses on thriving in the age of connected commercial vehicles by building adaptability, agility, and concentrating on 5 key growth areas: safety, productivity, comfort, maintenance, and digital products.
Download to explore:
• 2023 trucking industry trends and where the market is headed over the next decade
• The rise of digital services and generating recurring revenue through subscription-based models
• How leading brands like Daimler Trucks, Tesla, Volvo Trucks, Mack Trucks and Farizon Auto are driving innovation
• Feasible and actionable starting places for your brand to focus on
Paving the way for the digital-first future of commercial trucking
Digital services are driving the future of the commercial trucking industry. To achieve success, commercial vehicle manufacturers must embrace digitalization, collaboration, and the evolving needs of drivers and fleet managers.
This includes prioritizing electric vehicle technology, autonomous driving systems, connectivity, and commercial vehicle solutions. By doing so, manufacturers can enhance efficiency, drive productivity, and lead long-haul trucking.
Unlocking value, revenue potential and growth opportunities
Across the commercial truck industry, growth is forecasted at 5.2% through 2028 to reach an overall size of $1.82 trillion. We identify significant revenue potential in emerging segments such as battery-electric vehicles and autonomous driving.
Additionally, commercial vehicle manufacturers can unlock value through partnerships with technology companies and leverage the development of mobility platforms and end-user interfaces.
Thriving in trucking: key focus areas for today's dynamic landscape:
To succeed in this evolving landscape, commercial trucking companies must prioritize the following:
• Safety: Implementing advanced driver assistance systems, intelligent AI assistants, and 360-degree cameras to enhance vehicle safety features, promoting a secure and reliable transportation ecosystem.
• Productivity: Streamlining operations and optimizing resource allocation are essential in driving growth through fleet management systems, energy management solutions, and improved navigation modules.
• Maintenance: Offering features related to service status, vehicle health monitoring, remote diagnostics, and service history to optimize maintenance processes. Companies can reduce downtime and enhance operational efficiency by proactively addressing maintenance needs.
• Comfort: Prioritizing driver well-being boosts productivity and improves job satisfaction and retention.
• Digital services: Leveraging commercial trucking software and digital products empowers companies to offer enhanced services and solutions that cater to evolving customer demands.
Competitive landscape
We conducted extensive research across the long-haul trucking landscape, revealing that several OEMs are at the forefront of adopting digital solutions. They leverage technologies like telematics, IoT, and data analytics to optimize operations, enhance route planning, improve fuel efficiency, and streamline supply chain management, driving increased efficiency, cost savings, and improved customer service.
Although Daimler, Scania, and Kenworth demonstrate leadership in key areas, no brand has achieved success across all five crucial categories for commercial vehicle excellence.
Priorities for the long-haul trucking industry
In today's fast-paced digital landscape, commercial trucking companies must adopt digital services to thrive and gain a competitive advantage in the market. By meeting the ever-changing market demands, they can enhance their offerings and differentiate themselves from traditional solutions.
To embark on this transformative journey, they need to reimagine their business models, establish strategic partnerships, and forge ahead with a focus on digitalization. This is how you successfully navigate the dynamic landscape, achieve success, and unlock outstanding growth.
Star