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Exporting
Technologies Not As Hard As It Seems
By
Margot Carmichael Lester
Despite
declining exports (U.S.
Technology Exports on a Decline), many industry
observers say international business abounds for U.S.
technology exporters with the right products and partners.
U.S.
Free Trade Agreements are designed to encourage the
exportation of information technology, both hardware
and software. Recent agreements with Singapore, China
and Australia allow U.S. exporters to get into these
lucrative markets without enormous import duties. Tariff
barriers are reduced significantly, sometimes to zero.
Additionally,
the agreements address non-tariff barriers such as standards
and testing requirements that many companies find excessive
and unnecessary. FTAs also include language protecting
American software from piracy, prompting importing countries
to strengthen their intellectual property laws and fortify
enforcement.
"There
are great opportunities for U.S. technology companies,"
says Takahiro Susaki, President and CEO for Itochu
Technology Inc. (ITI), the business development
and venture investing arm of ITOCHU Corporation, a large
Japanese trading house.
"International
customers aren't looking for products," he says.
"They're looking for solutions." To meet that
need, ITI has forged successful business relationships
with U.S.-based technology companies including Sun Microsystems,
Cisco Systems, Oracle and Siebel Systems.
International
Rules
While
there is a worldwide demand for solutions that address
complex business problems and enhance productivity,
doing business in the international market isn't a sure
thing.
Experts
offer these basic tips for any American company, tech
or otherwise, considering entry into the international
marketplace:
Be
careful with whom you partner. Make sure interests
are clearly aligned or you will be bogged down with
constant management problems.
Secure
accurate and meaningful business intelligence. Find
resources actively working with end-users.
Do
your homework. The Department of Commerce publishes
regular reports that provide technology-specific market
data. Recent reports include Argentina and Brazil,
Western and Eastern Europe and Japan. A report on
China will be published later this year.
Pay attention to financials. Exchange rates, tariffs
and other items should be considered before setting
a pricing structure.
Attend trade shows and expos in the countries that
interest you. This helps you build alliances and gather
"ground-level" market and cultural data.
Apply for local, state and federal international trade
missions to expand your knowledge of the global marketplace
Know customers' pain and be prepared to make the case
for why they should import technology to alleviate
it.
Establish
staying power and a commitment to customer service.
After the economy crashed, many U.S. companies left
international customers without local support. Be ready
to allay fears that you will do the same if there's
an economic upheaval or other trade disruption.
Test-drive everything. Learn all you can about how business
is actually done in your target country, from accounts
payable to shipping to regulations. Not knowing can
cost you.
Support
In-County
Several U.S. tech concerns are big winners in the export
game. Consider mobile technology developer Openwave.
Mobile
device use in Europe and Asia is far more robust than
in the U.S. About 35 million people in Europe use mobile
devices, primarily phones. However, Japan is easily
the world's most mobile nation.
According
to the Japanese Telecommunications Carriers Association,
there are about 76 million mobile phones in use in Japan
today. The Japanese Ministry of Home Management estimates
that approximately 60 million of those subscribers surf
about 60,000 web pages on their wireless devices.
Those
numbers prompted Redwood City-based Openwave to consider
entering the Japanese market with its mobile Internet
browser. The solution, based on WAP 2.0, allows mobile
carriers to take advantage of advanced networks and
new devices with enhanced graphical user interfaces.
"It's
very hard for a U.S. technology company to go it alone,
especially in today's market," Susaki says. That's
why Openwave sought out ITI in 2000 to help it gather
market intelligence, secure a business partner and create
a distribution/fulfillment chain.
ITI
analyzed Japan's leading mobile carriers and determined
Tokyo-based KDDI
Corporation to be the most promising partner. ITI
used its reputation in Japan to set up meetings and
assist in negotiations. KDDI agreed to use Openwave's
technology to deploy its next generation au service.
Once the deal was sealed, ITI began assembling the supply
chain.
Today,
Openwave is a $250 million company. "Their biggest
revenue source is overseas," Susaki says, adding
that $4 million of the company's first $6 million in
sales was from ITI-related export deals.
Domestic
Support
While firms like ITI help some tech companies navigate
international exporting, there's plenty of support stateside
provided by various government agencies.
The
Department
of Commerce (DoC) is the best place to start. There
you can receive information and counsel on tariff and
non-tariff barriers, business conditions and political
factors. The Department's Trade Development Office,
based in Washington, D.C., is designed specifically
to serve the needs of small and medium-sized businesses
wishing to export goods and services.
Other
departments and agencies provide free services to domestic
companies, such as the DOC's Commercial Service and
the Office of Information Technology and Electronic
Commerce. Additional resources are available through
the Small Business Administration, particularly for
start-up companies seeking early funding.
San
Diego-based Urchin
Software Corporation turned to the DOC when it decided
to grow its business by going global.
"Our
software provides business and marketing intelligence
that helps companies make decisions, so both domestic
and global markets represent a tremendous amount of
opportunity," explains Brett Crosby, Urchin's vice
president of business development and marketing. "Just
to service the U.S. market, we made Urchin available
in 10 languages. So, taking our products global was
the natural extension and has been in our plans for
some time."
Urchin
used the DoC to create and execute an export strategy.
"It has been extremely helpful for us to receive
guidance from
Carrie Brooks at the San Diego
DoC [office]," Crosby says. "She has relevant
industry experience from her previous employment in
Qualcomm's Eudora division that has helped guide us
in just about all of our significant efforts overseas."
Before
working with the DoC, finding the right people and partners
was a challenge. "Our friends at the DoC have helped
us obtain several new customers, resellers, foreign
business partners, translators, a master distributor,
an invitation to JETRO - which we accepted - and help
opening our first foreign office in Japan," he
recalls.
JETRO,
the Japan
External Trade Organization, hosts international
business expos several times a year. Its Techno Business
Forum helps non-Japanese IT and biotech firms explore
opportunities for business partnerships with Japanese
firms, including joint ventures and sales alliances.
Thirty IT and 10 biotech companies will be selected
to participate in the next forum in Tokyo in January
2004.
Today,
Urchin's products are available in roughly 100 countries
via hosting partners, resellers, or master distributors,
and anyone can buy product off the web. "Since
many of our large data center customers are global,
expanding our presence internationally helped them justify
implementing Urchin in all of their facilities, not
just their U.S. operations," Crosby notes.
The
privately held company doesn't disclose financial information
for competitive reasons, but claims to have revenues
in the $2 to $5 million range. Exports currently make
up about 25 percent of the company's bottom line.
Crosby
encourages tech companies wishing to enter the export
game to proceed, but with caution. "Companies should
consider entering the global marketplace for the same
reason they would enter any marketplace: to expand their
reach and increase their bottom line," he says.
"However, it isn't something to rush into. It can
be very expensive if done wrong, but if done right,
it can be very rewarding."
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