What Favorite Medium does

Favorite Medium is a privately held digital product consultancy founded in 2007 and headquartered in Singapore, with additional offices in the San Francisco Bay Area (opened 2013) and Korea (opened 2020). The firm operates as a professional services studio delivering end-to-end design and engineering across eight service lines: Product Strategy, Product Design, User Research, Blockchain/Web3, API Development, Web and Mobile Applications, Data/AI Engineering, and IoT and Connected Devices. Technical execution spans cloud-native architectures (AWS, microservices, REST, GraphQL), cross-platform mobile development (Flutter for iOS/Android), IoT connectivity (Bluetooth, LoRaWAN), computer vision (IP camera analytics, facial/age detection), biometric authentication (facial and voice recognition), and data engineering (ETL/ELT, real-time streaming, AI/ML integration). The company has completed 120+ product launches globally.

Revenue is generated through project-based consulting engagements with enterprise and mid-market clients, with multi-year contracts and custom quotes rather than publicly disclosed pricing. Go-to-market is sales-led with regional field leadership managing direct client relationships across APAC (Singapore, Korea, Australia, China, Hong Kong, India, Japan, Malaysia) and North America (United States). Customer segments span financial services and banking (PayPal APAC, CIMB Bank), insurance (MetLife), healthcare (Solera Health, Flip Health), energy and utilities (Nexant iEnergy and Grid360 at 130+ sites, GS Connect EV charging), consumer loyalty (NTUC Link, 2M+ Plus! members), and technology (Trello, with 5M+ Android installs; Jawbone retail kiosks). The founder and CEO, Sangwon Park, holds a majority stake; the company has grown organically without disclosed external funding, M&A, or public listing. Leadership combines APAC-based delivery experience (Jisun Suh, President Korea) with North American commercial leadership (Brett Webb, VP North America; Aya Ibarra, Head of Business, NA, ex-IBM Watson).

Name

Favorite Medium

Legal name

Favorite Medium

Website

https://favoritemedium.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Favorite Medium is a Singapore-headquartered digital product consultancy, founded in 2007, that designs and engineers custom web, mobile, IoT, and AI-enabled solutions for enterprise clients across financial services, healthcare, energy, and technology in APAC and North America.

Ownership category

akta.pro rank

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Professional Services / Project-based Consulting: Favorite Medium generates revenue through custom digital product design and development consulting engagements. Projects are typically multi-month engagements involving product strategy, design, and engineering. Revenue is generated through professional services fees for design, development, and implementation work.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Favorite Medium is a digital product consultancy that designs, builds, and launches custom digital products for enterprise and mid-market clients across web, mobile, IoT, AI/ML, cloud, and blockchain technologies. The firm delivers end-to-end engagements spanning product strategy, user research, UX/UI design, engineering, and deployment through unified agile teams. Revenue is generated through professional services fees on multi-month to multi-year project engagements with enterprise clients such as PayPal, MetLife, Trello, CIMB Bank, NTUC Link, and Nexant.

Product overview

Favorite Medium is a global digital product consultancy offering eight core service lines: Product Strategy, Product Design, User Research, Blockchain/Web3, API Development, Web and Mobile Applications, Data/AI Engineering, and IoT and Connected Devices. These services are delivered through outcome-focused agile teams that help companies design, build, and launch digital products. The company has completed over 120 product launches globally across industries including Financial Services, Healthcare, Energy, Technology, Media and Communication, and Industrial sectors. Their portfolio includes client-specific projects such as the G-Charger EV charging app, PriorityZones biometric security platform, Jawbone retail kiosks, AI Concierge vision AI solutions, Trello Android app, Nexant energy management platforms, NTUC Link loyalty app, Solera Health Network, Flip Health cancer screening, Fitness Go!, WOHAbeing e-commerce site, CIMB Bank trading portal redesign, and PayPal APAC website redesign.

Differentiator

Problem solved

Functional benefit

Products and services

• Product Strategy

Named customers14 records

Segments6 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability10 records

Feature6 records

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Globant: Large digital transformation and product engineering consultancy with a similar blend of strategy, design, and engineering, but at materially greater scale and with broader geographic delivery.
• frog (part of Capgemini Invent): Global design and engineering consultancy delivering digital products and connected experiences for enterprises, now backed by Capgemini's scale and delivery footprint.
• Accenture Song (Interactive): Accenture's digital creative and product engineering arm, competing for the same enterprise digital transformation, design, and platform modernization engagements.
• Deloitte Digital: Big Four digital consulting practice that delivers large-scale customer experience, IoT, and platform engineering programs — competing for the same enterprise buyers as Favorite Medium but at much larger scale.

Direct peers

• IDEO: Design and innovation consultancy known for product strategy, user research, and prototyping work for large enterprises — overlaps closely with Favorite Medium's Product Strategy, User Research, and Product Design offerings.
• Thoughtworks: Global technology consultancy that designs and builds custom digital products for enterprise clients across financial services, healthcare, and energy — directly comparable to Favorite Medium's service model and vertical mix.
• Work & Co: Digital product studio that partners with brands (including financial and consumer companies) to design and engineer web and mobile experiences — closely aligned with Favorite Medium's premium client work and craft-led approach.
• Ustwo: Independent digital product studio that designs and builds apps and platforms for enterprise and consumer clients — comparable in size, offering mix, and studio model to Favorite Medium.
• R/GA: Digital product and experience agency that combines strategy, design, and engineering to ship consumer and enterprise products — directly comparable in offering mix and end-client profile.

Regional players

• Pactera EDGE / Pactera Technologies: Asia-headquartered digital and engineering services firm with strong APAC delivery capability — a regional competitor that often competes for APAC-localized digital product work.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/favoritemediums
• LinkedInlinkedin.com/company/favorite-medium

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Favorite Medium