Download - Waypoint 2015
An introduction to the Waypoint Group
Stefan Meister
Group Chief Operating Officer
An introduction
Waypoint is the Bertarelli family’s investment and advisory platform.
Their history is that of a family of entrepreneurs and Waypoint and its
diversified range of business interests reflects that spirit.
Founded: 2012, to provide a common identity for the corporate group and its
numerous investment programmes
Founder:
Key People:
Ernesto Bertarelli (HBS Graduate, ex-CEO of Serono, two-time winner of
the America’s Cup
Investment
Approach:
Investment in Life Sciences and Healthcare, Real Estate, Asset
Management and Technology
Ernesto Bertarelli (Chairman), Stefan Meister (Group COO), Francois Naef
(Group General Counsel and Group HR Director), Frederic Wohlwend
(Group Strategic Development & Chief Digital Officer)
Waypoint has offices in…
Waypoint’s corporate functions and the businesses associated with it employ over 150 people
Our Legacy
In 1965, Fabio Bertarelli, father of Ernesto and Dona, became Chief Executive
and drove expansion internationally. In the 1970s, Fabio moved the company
to Geneva. By the turn of the millennium, Serono was operating in some 40
countries and selling its products in more than 90.
The Bertarelli family’s business history is indelibly tied with Serono, the
pharma and biotech company founded in 1906 and built over three
generations.
In 1935, Pietro Bertarelli, the grandfather of Ernesto and Dona Bertarelli,
became Managing Director. In 1949, Serono successfully develops Pergonal,
a fertility-enhancing drug.
In 1996, Ernesto Bertarelli succeeded his father as CEO and drove forward its
activities in biotech. In 2000, Serono was listed on the NYSE. In 2006, Serono
was sold to Merck to form Merck Serono and the family focused their attention
on establishing new businesses.
Vision
• We do not approach any business decision without a long-term view and commitment.
• Our approach is entrepreneurial, emphasising leadership, initiative and loyalty.
• We will never stop looking for new opportunities and areas for growth.
• Our decisions are guided by financial, ethical and environmental considerations.
• We believe in the importance of demonstrating leadership.
• We look for businesses in which individuals add value and are able to participate in the
growth and development of the enterprise.
• We take measured risks and challenge our performance constantly.
Investment Programmes
Waypoint invests in a focused set of sectors: Life Sciences and Healthcare, Real Estate and Asset Management, and now Technology.
The companies and investments associated with Waypoint are able to draw on its advice and execution capabilities, spanning: Financial accounting, legal support, HR, management reporting, operational due diligence, audit, communications, information services e and facility management.
The funds businesses and investments associated with Waypoint are:
Asset Management Life Sciences and Healthcare Real Estate
*
*Northill Capital is an independently managed asset
management business. Although entities associated
with the Bertarelli family are major investors in Northill,
alongside the executive partners of the business,
members of the family do not sit on any Northill boards
or otherwise have any role in the day to day
management of the business.
Academic Partnerships
Through the Bertarelli Foundation, Waypoint has long-
standing relationships with Harvard Medical School, Stanford
University and the École Polytechnique Fédérale de
Lausanne (EPFL), a leading Swiss institution dedicated to
education, research and technology transfer at the highest
level.
In April 2012, Merck closed its Geneva site. Led by Ernesto
Bertarelli, a consortium was formed to try to renew the massive
building as a location for results-driven scientific research in the field
of life sciences. Campus Biotech – this consortium of the Bertarelli
Family, Hansjoerg Wyss, EPFL and the University of Geneva – beat
all competitors and acquired the building in April 2013.
With the arrival of scientists from UNIGE, the Human Brain Project,
EPFL’s Centre for Neuroprosthetics, new Professors funded by the
Bertarelli Foundation, and the new Wyss Center for Bio and Neuro
Engineering, Campus Biotech is well on its way towards achieving
its vision of creating a European Centre of Excellence at the
forefront of global research in the fields of neuroscience and
bioengineering.
How Simplivity has simplified our IT
Frederic Wohlwend
Group Strategic Development & Chief Digital Officer
Call For Action
January 2014, Group Audit highlights important gaps in terms of IT
Infrastructure Services Availability and Business Continuity.
Insufficient data center power back-up in case of electricity loss
No redundancy in case of telecom lines or internet outage
No redundancy of infrastructure in case of hardware failure
Old back-end infrastructure technology
Small team unable to monitor all data center components
Data center rebuilding needed in case of natural disaster
A project aimed at fixing all gaps is launched in July 2013 under code name “Tsunami”
Starting Point is complex, suboptimal and risky
Outsourced
tape storage
Private
Network
Server mirroring Disaster Recovery Bkp power supply Servers life time Bkp technologies
Geneva
Servers
Switch
Storage
Data domain
Tape library
Backup tape
Boston
Servers
Switch
Storage
Data domain
Backup in Geneva
Outsourced
tape storage
Outsourced
tape storage
Jersey
Servers
Switch
Storage
Data domain
Tape library
Backup tape
London
Servers
Switch
Storage
Data domain
Tape library
Backup tape
NO
DR
The Solution
We continue to buy and integrate 12 different
mature technologies for each infrastructure
stack, from different vendors, with different
trainings and different administration
consoles on a mature technology.
A
We invest in the future of data centers
Hyperconvergence technology with a box that
can do the entire job at once, faster, cheaper
with a simple administration.
B
Vendor and Product Qualification
Visited the HQ of Simplivity, met the CEO, CMO, VP Product Mgmt.
Tested the equipment in the Waypoint environment for one week with positive results.
Audited a leading security & cloud service company in Germany as reference customer with positive outcome.
Six weeks contractual negotiations by Waypoint Legal
The new set-up is simple and scalable
Geneva
Private
Network
London
Boston Jersey
DR
Server mirroring Disaster Recovery Bkp power supply Servers life time Bkp technologies
Dev & Test 100% Simplivity
Today
DR from 1 month to 4 hours
Max data loss from 1 week to 8 hours
Uptime from 99% to ~100%
Servers: -35%
Storage: +12x
With Simplivity the CIO is back in Business !
I/O: +4x
TCO: -3x
From Customer to Partner
# Criteria Score
1 Innovative company, potential game changer
2 Strong CEO & Mgmt; can grow the business
3 Strong Board with right expertise
4 Investors include top-tier technology experts
5 Technology is understood & widely used
6 Clear and immediate customer benefits
7 Robust business model and partnerships
8 Research and development horse power
9 Existing, diverse, fast growing customer base
10 Uniqueness and differentiation is clear
11 Technology difficult to copy, well protected
12 No data regulatory or compliance barriers
Simplivity & Waypoint The Perfect Match
A 150M commitment
A customer view at the board
A CIO voice to the market
A real passion for success
The Waypoint contribution
With Simplivity the CIO is back in Business