News

AI-driven multi-cloud security solution, now on GitHub

Multi-cloud adoption is on the rise as organisations recognise the advantages of using multiple cloud providers. Cisco reports that 92% of organisations use more than two cloud providers, and 90% of large enterprises have embraced multi-cloud solutions to harness their benefits.

The winners of the Tourism Innovation Awards 2023

Tourism Innovation Summit 2023 has once again recognised the initiatives and projects committed to innovation, digitalisation, and sustainability in the tourism sector. This year, the Tourism Innovation Awards 2023 have rewarded five projects from different companies and institutions.

Tramshed Tech launch new programmes

Tramshed Tech is working with a number of industry partners to deliver programmes as part of the Barclays Eagle Labs Ecosystem Partnership Programme (EPP), funded by the Department for Science, Innovation and Technology.

Eco packaging entrepreneur in Britain’s Top 50 Most Ambitious Business Leaders

David MacDonald, CEO, and owner of Cullen Packaging was named as one of Britain’s ‘Top 50 most Ambitious Business Leaders for 2023’.

Startups with patents and trade marks are 10 times more successful in securing funding

The European Patent Office (EPO) and the European Union Intellectual Property Office (EUIPO) have published a new joint study highlighting how much patents and trade marks can boost the success of European startups.

Top 5 pain points for UK SMEs when it comes to sustainability

New data published by Rimm Sustainability reveals that more than a third of UK SMEs (36%) find it challenging to understand what they should be reporting on when it comes to sustainability.

TIS2023 opens its doors to build a new, more sustainable tourism model

TIS – Tourism Innovation Summit 2023 returns to Seville, Spain, for another year to define a roadmap that will allow the tourism industry to continue to grow while meeting the increasing demands for sustainability from governments and travellers.

Royal Academy of Engineering partners with Irish Academy of Engineering and InterTradeIreland

The Royal Academy of Engineering, the Irish Academy of Engineering and InterTradeIreland have jointly announced new funding to support Ireland-based academic entrepreneurs and to map the all-island engineering economy for the first time.

Strategic positioning essential for pre-scaled tech companies seeking premium M&A valuations

The tech M&A landscape has been shifting to a buyer’s market in 2023. With lower valuations, reduced competition for deals, and an abundance of attractive growth assets available, cash-rich corporations are well-positioned to capitalise on these opportunities through strategic acquisitions.

Numerous VCs show support for Israeli startups amid ongoing conflict

More than 500 venture capital firms worldwide, including several from Asia, collectively signed an open letter expressing their solidarity with Israel and its technology sector in the midst of the conflict with Hamas.

Barclays partners with Engine Shed for its Bristol-based Eagle Lab

Barclays announced its first Bristol-based Eagle Lab during Bristol Technology Festival last week, creating a further boost for the West of England startup and entrepreneurial ecosystem.

SMBs struggle to keep pace with cyber security threats

Keeping on top of new threats is the biggest cyber security challenge facing small and mid-sized businesses globally (SMBs) – and more than half are calling for help to manage the risks, new global research by Sage reveals.

Wales Tech Week: Highlights

Wales Tech Week took off with a bang as industry leaders, innovators, investors, entrepreneurs, and tech enthusiasts gathered at the ICC in Newport to explore the latest in technology and what it means for business and society.

The entrepreneurial ecosystem gains maturity, employability and seeks opportunities for growth in ‘green business’.

South Summit’s Entrepreneurship Map 2023, developed in collaboration with IE University, highlights that the Spanish entrepreneurial ecosystem has consolidated the path to maturity thanks to the growing number of startups that accumulate more years of traction in the market, among other factors. In 2023, Spanish startups are on average 3.12 years old, when this statistic in 2019 reached 2.2 years. In addition, 17% of startups in Spain are already scaleups and 4% have a consolidated business.

Tourism Innovation Summit 2023 brings together international tourism ecosystem in Seville

From 18 to 20 October, more than 7,000 professionals will attend TIS2023 to discover the technological innovations that are transforming tourism into a more digital, sustainable and intelligent model.

Seraphim Space Accelerator launches Mission 12

Seraphim Space, known as Generation Space in the US, which runs the dedicated accelerator for startups in the global SpaceTech industry, has announced the companies participating in Mission 12.

Most companies already using AI in marketing campaigns

New research from Twilio, the customer engagement platform that drives real-time, personalised experiences for today’s leading brands, shows that AI automation has emerged as the primary means by which businesses are looking to grow revenues and operate efficiently.

AI training and policies amiss at European businesses

While the use of AI tools in the workplace is rapidly increasing, many organisations are lagging in providing guidance and training in the use of these technologies, according to new research by Ricoh Europe. This governance gap comes amidst growing interest within companies to implement automation solutions.   

Leucine nets $7M to level up Pharma manufacturing compliance

Pharmaceutical manufacturing is the lynchpin to getting drug innovation to people. While compliance protocols are key to ensuring the smooth operation of the industry, they are beset by processes that are not fit for purpose and are hindering their ability to deliver life-saving drugs faster.

MyTelescope releases AI platform with 83% success forecasting the future

Swedish market intelligence and search startup MyTelescope has released a new AI platform that uses search data to predict opportunities, market trends, future sales and market share with an accuracy of 83%. The platform is designed for forecasting and steering business decisions with market intelligence.