Practical guide to investing in emerging tech across high-risk industries

Safetytech Accelerator, established by Lloyd’s Register, has released a new insights report offering a structured framework to guide technology investment decisions in high-risk sectors.

Titled ‘Investing in Emerging Technology in High-Risk Industries: A 6-Step Guide for Innovation Leaders, the report sets out a practical, problem-led approach to adopting innovation in operationally and safety-critical environments.

Developed from Safetytech Accelerator’s work across over 70 emerging technology projects, the guide is intended for leaders responsible for balancing innovation with risk, regulatory complexity, and commercial constraints – particularly in industries such as maritime, energy, mining, construction, and logistics.

The report outlines a six-step process covering:

  • Strategic choices around building, buying, or integrating technology
  • Testing approaches that prioritise learning over scale
  • Aligning innovation with operational problems, not trends
  • Lateral approaches to ROI and value creation
  • Practical assessments of risk tolerance
  • Application of cross-industry thinking

“This report captures practical lessons from our work helping organisations make informed, low-regret innovation decisions,” said Seb Corby, Principal Consultant at Safetytech Accelerator. “It reflects the reality of implementing emerging technologies in sectors where safety, performance, and long-term resilience matter as much as novelty.”

In addition to step-by-step guidance, the report includes real-world examples of applied innovation, such as multi-vendor technology integration in mining, scent detection on ships, and collaborative regulatory sandboxes, demonstrating how organisations are managing uncertainty and unlocking value through structured experimentation.

 

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