Techspace, the place where innovative and ambitious tech companies thrive, has launched its seventh European hub, on Worship Street. Situated in the heart of Old Street, Techspace opens its doors to forward thinking businesses as it continues to build out its portfolio in areas popular with technology companies.
The emergence of exponential technologies, with Generative Artificial Intelligence being a major reference, has brought with it endless opportunities for business competitiveness, but it has also opened the door to new threats. Cyber-attacks are registering an increase in cases globally, with a total of 1,248 attacks per week, an increase of 7% compared to the first quarter of 2022. In this regard, and according to Google’s ‘Current Cybersecurity Landscape in Spain’ report, the consequences of these cyberattacks can be very negative. For example, European SMEs, 60% of which disappear within six months of receiving the attack because they cannot afford the losses.
NASA will award funding to more than 200 small business teams to develop new technologies designed to protect the health of astronauts, lower risk of collision damage to spacecraft, and more. The new awards from NASA’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program invests in a diverse portfolio of American small businesses and research institutions to support NASA’s future missions.
The impact of Generative Artificial Intelligence in the business ecosystem, the disruptions that will affect the future of organisations, such as the use of data, or the opportunities that sustainability brings to the business are some of the challenges that are marking the agenda of international leaders. In fact, market reports reveal that half of the companies in Europe are already incorporating AI, and that more than 40% of managers understand that there is a real commitment to move towards compliance with ESG (Environmental, Social and Governance) criteria as an added value.
With Universal Analytics being completely replaced by Google Analytics 4 (GA4) on the 1st of July 2023, time is running out to make the transition before being thrown in the deep end. Many, like us, have made the switch to GA4 already and are noticing the various mini updates happening ahead of the deadline.
Working for a startup can be a very exciting experience. There are so many rewards to being surrounded by motivated, innovative, and creative individuals, but working for a startup can also introduce a number of challenges … particularly for employees focused on building their professional portfolios and advancing in their careers.
The pandemic hit many industries in very different ways and insurance is among them. On one hand, COVID-19 brought excessive deaths among policyholders causing claims to reach a staggering $5.5 billion in the first nine months of 2021. On the other hand, insurers jumped in on the digitisation race: the 2020 KPMG CEO Outlook surveyed insurance executives and 85% stated that due to the pandemic, they invested more effort to create a seamless digital customer experience.
In its exponential rise, artificial intelligence has already proven it can streamline business processes, improve operational efficiencies, and help cut costs. In fact, 68% of large companies have already adopted at least one AI application, followed by 34% of medium sized companies and 15% of SMEs.
In business, entrepreneurs are often presented with a common misconception, the notion that the key to success is simply a strong idea and a high-quality product. While these certainly remain highly important, consumer values and expectations are evolving. The market is shifting, and when faced with historic levels of competition, it is vital that businesses reassess their approach and focus on evolution to stay ahead of the competition.










