Lakeba Group Selected by Austrade to Represent Australia at Consensus 2019 in New York

The initiative has been promoted by Austrade with the support of ADCA (Australian Digital Commerce Association), which helped evaluate the many applications received nationally.

“We are delighted and honoured to be part of this landmark event attracting professionals from leading industry players, investment firms, financial services, academic institutions, policy groups, and start-ups. Thanks to the Hon. Karen Andrews, Minister for Industry Technology and Science and Austrade for this opportunity to share with and be inspired by some of the world’s leading thinkers” Giuseppe Porcelli, Lakeba Founder and CEO commented.

“We will use this valuable opportunity to immerse ourselves into the latest global developments and to share our insights and innovation progress from an Australian perspective. The value of these collaborative events allows Australian innovation to be seen and heard on a global stage and to share inspiring experiences and ideas we can bring back home to our region,” said Giuseppe.

Last year, a global audience of over 8,000 attendees, represented over 800 companies from 35 countries. The conference featured three days of demos, networking and expert discussions regarding the leading commercial developments, technical innovations, and public policy issues.

Lakeba is looking forward to immersing into the richness and diversity of the Consensus crowd, meeting industry participants, developers, founders and investors and contribute to the global momentum.

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About Lakeba

Lakeba builds businesses that are optimised for high returns from low investment, at low risk when compared with the start-up sector. It utilises proprietary artificial intelligence (AI), decades of business and technology experience, and scalable shared services, to support each phase of business building. So far it has ‘conceived, created and commercialised’ 15 ventures, of which three have already been spun-out.

The unique Lakeba AI ‘neural network’ ‘conceives’ opportunities by continually interrogating the internet to establish patterns which suggest a business ‘need’ that could be solved digitally. Its entrepreneurs then double check this analysis and determine the viability of the business idea and its commercial potential.

To ‘create’ a venture, Lakeba works with partners, industry, and the wider innovations ecosystem to create digital technologies that eliminate the frictions identified by the neural network. A team of technologists, designers, and entrepreneurs build out the value proposition and establish the business. Lakeba invests its time, capabilities, capital and resources to craft ideas into reality.

‘Commercialise’ is the final stage of the Lakeba process. Once the digital proof of concept delivers on its promise, it is enhanced with radical intelligence. Working with partners, investors and the customers, Lakeba’s team refines and optimises the operations and distribution to rapidly commercialise the venture. This ensures the business continuously delivers value to customers as it scales and diversifies across industries and the globe.

Lakeba Group was founded by Giuseppe Porcelli, Entrepreneur and Visionary of Future Technology.