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iBe Disruptors #6 - when smart devices and payments collide

By iBe TSE -

We hosted one of our thought provoking and hugely popular iBe Disruptor events as part of London Tech Week 2017. But, this one was different. We showcased a piece of own innovation to demonstrate what happens when smart devices and payments collide. Read the event write up on our blog here

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iBe Disruptors Breakfast #5 Machine Learning

By iBe TSE -

We’re bombarded with news about how artificial intelligence will change the world. But how is it going to do this? And what are the real-world examples? We were joined by Vittorio Carlei,  head of Advanced Analytics at iBe TSE, chatobot expert Alessandro Vitale of Conversate and Hew Leith, the co-founder of IntelligentX Brewing Company which produces the world’s first beer brewed by AI to find out how different industries are using machine learning to improve their products and services. Find out more about what was discussed by reading the write up on our blog.

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iBe Disruptors Breakfast #4: Escaping Legacy

By iBe TSE -

Much IT investment has taken place at the front end of organisations to support the growing customer demand for digital services, but the core systems that form the foundation of any IT estate are unable to evolve at sufficient speed to respond to the digital tsunami cascading down the supply chain. Roger Camrass, Visiting Professor at University of Surrey led a discussion on how to escape legacy in order to move towards a digital future.

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iBe Disruptors Breakfast #3: Harnessing the power of mobile

By iBe TSE -

We’ve pulled together a takeaway covering off all the key points from today’s session hosted by Ben Snowman, Head of Strategy Digital UK o2, facilitator Roger Camrass from the University of Surrey and our insider Marcus Thornley from Play Consult.

 

Digital is about being smart

There was a wide ranging discussion around what being digital actually meant. Both telecommunications firms and financial services face key challenges as their traditional business model is eroded by disruptive technologies. The key point raised was that banks need to think carefully about what being a bank actually means and how they utilise data to connect with customers in contextual, intelligent and relevant ways. The conclusion was that good digital strategies are smart because they make consumers lives easier. Smart digital services are simpler, faster, better and with have demonstrable value for the consumer.

 

Who owns data?

The delivery of smart digital services pivot on the ability to utilise data. We live in an opt-out world, but the world will have to become ‘opt-in’ and this is where the value exchange becomes important. As rules change at a European level there was much debate around who owns data and the need for a more open model. Fitbit was cited as an excellent example of a company that provides people with their data first and foremost and then drives relevancy back to the consumer using that data as its baseline. Data models and the ability to apply them to traditional markets are igniting innovation, but the value exchange for consumers must be clear – otherwise they will opt-out.

 

How big and small can work together

There is much discussion around how start-ups and large enterprises can work well together – one does not have to beat the other. We are now seeing many a hybrid models emerge. In looking to work with smaller companies, bigger ones need to engage them in such a way that unlocks the value and potential of that small company. For example, smaller companies are built for speed, bigger ones are not. Harnessing that capability is key, but often lost through the culture. This necessitates two key elements. Both parties need to trust the other, and larger companies need to realise that to move beyond a theoretic understanding of how they can work with the start-up community their business processes need to change. After all, an idea is meaningless until it is executed.

 

5G – mobile network horizons

It was generally agreed that in migrating between 3G – 4G, not all that much changed. But 5G is exponentially different. It will be able to support over one trillion devices connected to the Internet of Things (IoT), with one fifth of the latency of 4G it will fuel car-to-car communication as we hurtle towards the driverless age and provide location accuracy to the nearest metre. By far it is the most exciting thing to happen at an infrastructure level in years and will be the catalyst for many of today’s embryonic trends and the foundation for taking artificial intelligence, virtual reality and augmented reality to the next level.To that end the University of Surrey has set up a 5G innovation lab – a playground for the possibilities of tomorrow. It is the largest centre of its kind in Europe and if you’d like to take a look and ‘have a play’ please let us know and we can arrange this for you.

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iBe Disruptors Breakfast #2: How will Silicon Valley disrupt the financial services sector?

By iBe TSE -

This morning we were joined by our keynote speaker Mark Zawacki, Founder, 650 Labs who led a discussion on the key digital, innovation and design trends that is driving change in the financial services sector and the lessons that can be learnt from Silicon Valley.

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iBe Disruptors Breakfast #1: What really counts as digital disruption?

By iBe TSE -

Companies mistakenly assume that they are being digitally disruptive when implementing new technology portfolios or using tools such as mobile, social networking, predictive analytics and cloud. Using new technology does not automatically result in digital disruption. To achieve this you need to re-think and re-invent your business in order to meet the demands of customers living in a digital world. This morning we were joined by Clive Jackson, Founder and Chief Executive of Fly Victor, which is often referred to as the "uber" of private jet travel, to discuss the role digital plays in not only enhancing, but also accelerating disruption in a competitive field.