News

Technology startups

October 30, 2018 30 Oct'18
Traditional financial services firms face extinction within 12 years

A large number of large banks could disappear within 12 years unless they change business models and economics
October 25, 2018 25 Oct'18
Nordic banks target SME customers with fintech services

Traditional Nordic banks are slimming down workforces as they turn increasingly to technology-based service delivery, and some are linking up with small fintech companies to deliver online products.
October 24, 2018 24 Oct'18
UK unicorn creation goes unrivalled in Europe

The UK's regional cities are creating more billion-dollar tech startups than many European capitals, with the UK as a whole creating more unicorns since 2016 than France, Germany, Sweden and the Netherlands
October 24, 2018 24 Oct'18
SMEs use fintech in fight against online giants, but fears remain

Online SMEs are turning to financial technology to help them make payment processes easy for customers as they try to compete with online giants

October 22, 2018 22 Oct'18
Government to invest an extra £215m in UK innovation centres

The extra funding will be given to the Catapult network of innovation centres, focusing on digital, medicines discovery, future cities and transport systems
October 22, 2018 22 Oct'18
Identity and access management is becoming a vital business concern

Many companies are struggling to provide secure access to the high number of applications and systems in use by their employees
October 18, 2018 18 Oct'18
Dubai Health Authority unveils virtual health app for GP consultations

Health authority adopts new technology as part of the Dubai Future Accelerators initiative
October 16, 2018 16 Oct'18
There is more to fintech than meets the eye

Financial technology goes way beyond the flashy apps facing consumers and into the depths of the back office
October 12, 2018 12 Oct'18
Research and innovation unit for healthtech opens at Great Ormond Street Hospital

Great Ormond Street Hospital’s Drive research unit is dedicated to bringing the latest technological developments into healthcare
October 10, 2018 10 Oct'18
IT departments struggle to balance innovation with everyday IT operations

IT departments are struggling to adapt to an expanding role that includes both adopting innovation initiatives while keeping core systems running effectively, according to the 2018 Insight Intelligent Technology Index

October 10, 2018 10 Oct'18
Wood Wharf set to become the capital's largest home for scaleups

Canary Wharf Group has unveiled plans to turn two million square feet of its five million square feet Wood Wharf development into office space for fast-growth scaleup businesses
October 09, 2018 09 Oct'18
Access to full-fibre broadband continues to expand under Vodafone-CityFibre partnership

Customers in three more towns and cities will soon be able to access ultrafast fibre-to-the-premises broadband service
October 09, 2018 09 Oct'18
Grab signs up for Azure, nabs investment from Microsoft

Ride-hailing, delivery and mobile payments firm will use slew of Azure services to improve operations and customer experience
October 08, 2018 08 Oct'18
Geospatial Commission pumps £5m into unlocking value of location data

Commission wants to unlock the value of location data held by its partners through the use of emerging technologies
October 05, 2018 05 Oct'18
EE switches on 5G test network at Canary Wharf

MNO explores high-capacity zone testing for its 5G network roll-out, with the first phase expected to target hotspots such as London’s Canary Wharf
October 04, 2018 04 Oct'18
Digital Catapult launches Ethics Framework for AI and machine learning

Innovation centre hopes to foster responsible and ethical development of artificial intelligence and machine learning systems
October 03, 2018 03 Oct'18
London tech startups awarded £15,000 as part of Mayor's 'smart city' initiative

Eight London tech startups have been awarded £15,000 each to help Mayor of London realise vision of the capital as a world-leading smart city
October 01, 2018 01 Oct'18
Berners-Lee’s startup promises more control over web data

Startup will support open source platform that allows users to choose how and where their data is stored
September 28, 2018 28 Sep'18
Brighton’s 5G experiment enters new test phase with focus on virtual reality

The latest phase of the Digital Catapult’s 5G mobile network testbed in Brighton has begun, with digital businesses from across Sussex taking part in trials of augmented, mixed and virtual reality technology
September 26, 2018 26 Sep'18
Indian IT giant TCS sees IBM and Accenture as nearest rivals

Rapidly-growing Tata Consultancy Services has its eyes on the US IT giants, with customer service key if it is to overtake them
September 19, 2018 19 Sep'18
Waitrose to launch same-day delivery trial

High-end supermarket Waitrose is partnering with retail delivery startup On the Dot to trial same-day delivery for its food and wine goods
September 13, 2018 13 Sep'18
John Lewis blames profit drops on high IT costs

Department store John Lewis has pinned the blame on high IT costs and the rising price of store real-estate for a drop in profit
September 03, 2018 03 Sep'18
Zurich begins startup competition to improve its strategy for digital-savvy customers

The insurance company has begun a competition across 20 countries in a bid to find the latest innovative products from startups.
September 03, 2018 03 Sep'18
Regulations might prove make-or-break aspect for Dutch scooter startups

If new startups get their way, the classical Dutch bicycles might soon be replaced by a new mode of transportation: a scooter. New companies see a huge potential market, but regulations might become a barrier
August 23, 2018 23 Aug'18
No Deal Brexit papers warn of stark future for UK tech

The government has published the first of its No Deal Brexit contingency planning notices, containing sobering messages for the UK technology industry
August 17, 2018 17 Aug'18
Alan Turing Institute provides AI startups with opportunity to collaborate with researchers

Alan Turing Institute and Digital Catapult will enable science and AI startups to work with researchers in the Data Study Groups
August 13, 2018 13 Aug'18
Government pumps £51m into Welsh tech hub

Chancellor Philip Hammond promises £51m in additional investment for researchers and entrepreneurs to drive tech innovation in Wales
August 07, 2018 07 Aug'18
How Indonesia’s Go-Jek scales the heights with cloud

The unicorn’s microservices-based application architecture on the cloud has been key in supporting its growth in Indonesia – and now Southeast Asia
August 06, 2018 06 Aug'18
DfT pledges to spend one-third of its procurement budget on SMEs by 2022

Department for Transport’s SME action plan promises to increase its spend with small and medium-sized enterprises to 33% by the end of this parliament
August 03, 2018 03 Aug'18
CIO interview: Alex von Schirmeister, CDTIO, RS Components

The electronics distributor’s chief digital, technology and innovation officer (CDTIO) on putting in place a new IT infrastructure, creating a digital business and accepting risk
July 23, 2018 23 Jul'18
Marks and Spencer to invest in startups as part of retail partnership with Founders Factory

Marks and Spencer is continuing its efforts to digitally transform its business by starting an investment partnership for startups
July 20, 2018 20 Jul'18
Cambridge students offered chance to win £10,000 to develop innovative tech ideas at Trinity College

Cambridge University under and postgraduates are now able to apply for a competition to win £10,000 and the chance to develop their tech ideas at the Bradfield Centre
July 20, 2018 20 Jul'18
Cisco and UCL to open AI research unit in $100m digital economy boost

Cisco has extended its ongoing Country Digital Acceleration programme in the UK with a further $100m investment, part of which will go towards a new AI research centre
July 05, 2018 05 Jul'18
UK leads Europe’s tech startup scene over five years, research shows

Tech leads the way as UK shows 5% growth in startups across all industries
July 05, 2018 05 Jul'18
UK joins forces with France on artificial intelligence and data

The UK and France will share expertise on AI and research, work together to improve digital services and collaborate to develop tech talent
July 04, 2018 04 Jul'18
Alibaba Cloud looks to drive its technology ecosystem with startup innovation contest

Alibaba Cloud is hosting its next Create@Alibaba contest as it looks for innovative products from startups
July 03, 2018 03 Jul'18
New thinking from tech startups could help solve construction project issues

Three startups shortlisted to join ConstrucTech accelerator to work on innovative technologies to reduce project delays and overspend
June 28, 2018 28 Jun'18
First Lorca cohort to focus on security orchestration

The first companies to benefit from the new London cyber innovation centre will focus on cyber security orchestration and automation
June 26, 2018 26 Jun'18
Volkswagen Financial Services UK aims to accelerate innovation with tech startup programme

Automobile manufacturer Volkswagen is running its next Startup Battlefield programme, building on the success of its 2017 Portuguese accelerator
June 18, 2018 18 Jun'18
London Tech Week experts advise startups to research investors’ background before pitching

Experts have used the TechXLR8 conference at London Tech Week to offer advice to startup workers about pitching to investors, joining accelerators and building teams
June 13, 2018 13 Jun'18
Prime minister announces new visa for startups

The government promises new “startup” visa for entrepreneurs, a £2.5bn British Patient Capital fund to support UK companies going global, and plans for two international tech hubs
June 12, 2018 12 Jun'18
Mayor Khan bids to make London the world’s smartest city

At London Tech Week, mayor Sadiq Khan launched a city-wide initiative to harness the capital’s technology talent to address London’s most pressing problems
June 08, 2018 08 Jun'18
Thriving fintech, AI sectors give boost to UK tech funding

British technology businesses have received £5bn worth of venture capital funding since June 2016 – more than France, Germany and Sweden put together – with fintech and AI startups standing out
June 06, 2018 06 Jun'18
Digital Catapult partners with Cray to give AI startups supercomputing power

Innovation centre says partnership will bring down some of the barriers to entry that startups often face in the field of artificial intelligence and machine learning
June 06, 2018 06 Jun'18
UK tech firms increase exports by more than 20%

The country’s tech sector continues to blossom and has significantly increased the export of both services and goods in recent years
June 05, 2018 05 Jun'18
Interview: How a tech apprenticeship changed one man’s life

Past Microsoft apprentice Joshua Uwadiae explains how in hindsight, he realises his apprenticeship was a life-defining moment in the lead-up to his tech career
May 29, 2018 29 May'18
Firms step up spending on digital tech, but struggle with strategy

Businesses and the public sector are stepping up their spending on digital technology, but many business leaders are struggling to keep pace with what it means for their business
May 17, 2018 17 May'18
UK tech sector growing 2.6 times faster than overall economy

The latest Tech Nation report on the UK’s IT sector reveals strong growth and positivity, but fears around Brexit in London’s tech engine
May 14, 2018 14 May'18
Steadily declining retail footfall confirms shifting consumer behaviour

Footfall in the UK highstreet is on the decline, according to figures by the British Retail Consortium, confirming the consumer shift towards more digital behaviour
May 14, 2018 14 May'18
Wise conference 2018: Tackling the female patent problem

Research by Wise found fewer than 10% of patents filed in the UK have involvement from women. At its annual conference in 2018, Wise set out to discuss why this is the case and how we can address it