Sydney-based innovation studio Lakeba has appointed Kevin Wo, Microsoft’s Managing Director for Global Partner Solutions in the Asia Pacific, to its board as the company plans to expand its technology into Southeast Asia. Wo joins marketing expert Mark Ritson on the board, bringing extensive cloud computing and professional services experience to drive Lakeba’s growth.
Lakeba has developed AI tools to streamline processes for major Australian financial institutions like ANZ and Macquarie Bank, significantly reducing document verification times. With its technology already on Microsoft’s cloud, Wo’s expertise will enhance Lakeba’s offerings and facilitate market expansion.
Microsoft dominates Australia’s $3.3 billion cloud computing market, making Wo’s role vital in maintaining this lead. He stresses the importance of continuous innovation in AI to stay relevant to customers. His strategic insights will help Lakeba navigate the complexities of expanding into Southeast Asia.
Microsoft CEO Satya Nadella has praised Lakeba for its innovative use of AI in retail, transforming physical spaces similarly to eCommerce for web pages. This partnership highlights Microsoft’s commitment to advancing cloud and AI-driven solutions across industries.
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