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Monday 20 March 2017

LBB100 Drinks Reception March 29

We're really looking forward to seeing so many of you for drinks at the OXO Tower a week on Wednesday. As avid HotViews readers will know by now, TechMarketView is celebrating the fact that more than 100 innovative UK tech SMEs have now taken part in our ‘Little British Battler’ (or LBB) Programme with a drinks reception at OXO2 in London on 29 March in association with Oracle NetSuite.

The attendee list already includes more than 150 leaders from the UK tech sector, with our LBBs, our clients and other friends of TechMarketView well represented. It promises to be a fantastic evening of informal networking over drinks and canapes.

It’s an invitation only event and spaces are limited, however we've made available just 25 tickets for sale on a first come, first served basis for £250+VAT each. There are just a few of these tickets left so if you'd like to claim one please click here without delay to book via tx2events, who are managing the event for us.

The details of the event are as follows:

Oracle Netsuite logo

When: Wednesday 29 March, 6.30pm-9pm (approx.)

Where: OXO2, Level Two, Oxo Tower Wharf, Bargehouse Street, South Bank, London, SE19PH

Dress: Business attire

Attendees will also receive a free copy of our LBB100 Report which is being launched on the evening.

OXO2 view

Posted by HotViews Editor at '10:03' - Tagged: lbb   event  

Thursday 16 March 2017

DocuSign: unlocking the value in e-signatures

LogoThe journey to digital business is dominated by core systems and services, from transactional to emerging ‘intelligent’ software and related services, but it is the often-overlooked components that fill the gaps in between that can smooth digital change. If they make the working lives of individuals easier on a day-to-day basis too, resistance to change lowers, increasing the odds of success. Having met with DocuSign recently, we have been exploring e-signatures, a prime example of a ‘fill the gap’ application.

The progress 13-year old DocuSign has made is proof of the demand for e-signatures in their own right and in the broader context of digital transaction management for tasks such as approvals, contacts and workflows. According to media reports, the company is valued at over $3bn and has secured more than $525m in funding. With more than 250,000 customers and 100m users it has demonstrated the case for volume demand, while customers that include 10 of the top 15 US financial services companies, 12 of the top 15 US insurance carriers attest to its enterprise credentials. It has a growing presence in the UK and is attracting big brand logos as customers, and technology leaders like SAP and Salesforce as partners.

Having ended a 15 month search for a new CEO in January 2017 - Dan Springer, the former CEO of Responsys (one of Oracle's acquisitions) has taken the seat - and had a glimpse into future product directions, we feel there is more to come from DocuSign and the e-signature market as a whole that SITS suppliers need to be aware of.

TechMarketView subscribers can get feel for the e-signature market and further insight into the DocuSign approach in HotViewsExtraExtracting the value from e-signatures, which can be accessed here.

Posted by Angela Eager at '17:02' - Tagged: software   dataservices  

Thursday 09 March 2017

Network with UK tech leaders and our LBBs on 29 March

LBB logoTechMarketView is celebrating the fact that more than 100 innovative UK tech SMEs have now taken part in our ‘Little British Battler’ (or LBB) Programme with a drinks reception at OXO2 in London on 29 March in association with Oracle NetSuite.

The attendee list already includes some 150 leaders from the UK tech sector, with our LBBs, our clients and other friends of TechMarketView well represented. It promises to be a fantastic evening of informal networking over drinks and canapes.

It’s an invitation only event and spaces are limited, however we've made available just 25 tickets for sale on a first come, first served basis for £250+VAT each. There are just a few of these tickets left so if you'd like to claim one please click here without delay to book via tx2events, who are managing the event for us.

The details of the event are as follows:

Oracle Netsuite logo

When: Wednesday 29 March, 6.30pm-9pm (approx.)

Where: OXO2, Level Two, Oxo Tower Wharf, Bargehouse Street, South Bank, London, SE19PH

Dress: Business attire

Attendees will also receive a free copy of our LBB100 Report which is being launched on the evening.

OXO2 view

Posted by HotViews Editor at '11:21' - Tagged: events   sme   lbb  

Thursday 09 March 2017

*NEW RESEARCH* Spring Budget 2017

Spring Budget 2017Philip Hammond’s Spring Budget contained few surprises. It was a cautious, but forward looking Budget, that put science, technology and industry collaboration at the forefront of the Government’s plans to improve productivity.

Further details were provided on how the National Productivity Investment Fund (NPIF), which was announced at Autumn Statement 2016 (see Autumn statement 2016: ICT for productivity), will be spent. The NPIF will invest £740m in digital infrastructure by 2020-21, including £200m to establish a programme of local projects to help accelerate delivery of full-fibre broadband networks and up to £16m to trial 5G applications. NPIF will also be used to invest £90m to help fund 1,000 PhD placements in areas aligned with the Industrial Strategy and a further £160m will be allocated to help researchers working in these areas.

We already knew about the Industrial Strategy Challenge Fund (ISCF) (see Government technology strategy: first the good news…), but we now have a bit more detail. The first wave of challenges funded by the ISCF will include: 1) batteries for the next generation of electric vehicles; 2) AI and robotics systems for extreme environments; and 3) developing new medicine manufacturing technologies. Greater collaboration between universities and industry is key to much of what NPIF and ISCF are designed to achieve, and we expect to see collaboration increasingly being encouraged through tendering requirements in the future.

In the education sector, the Budget announced further funding for free schools and a continued push towards selective schools. It also took forward the recommendations of Lord Sainsbury’s review of 16-19 education by introducing new T-Levels qualifications. These technical courses will be designed to help ensure that students qualify “work-ready”. Technical training has been neglected for too long, but it is critical component, alongside the apprenticeship agenda, in ensuring that business can access the right skills for the future.

As widely expected, the Chancellor also announced funding to support social care and the NHS in England over the next few years. The government will be providing an additional £2bn to councils in England over the next three years to spend on adult social care services. £1bn of this will be provided in 2017-18 enabling councils to take immediate action to support social care provision and in turn relieve pressure on the NHS. This additional funding will of course be welcomed by councils, but with the social care system under such pressure it’s unlikely much of it will filter through to SITS suppliers.

Self-employed workers were hit the hardest by the Chancellor’s announcements. Hammond said that Class 4 National Insurance contributions for self-employed workers will increase from 9% to 10% in 2018 and to 11% in 2019. The Chancellor also had the self-employed firmly in his sights when he announced that the dividend allowance will be reduced from £5,000 to £2,000 from April next year. The Government says it is acting to reduce the unfairness in the National Insurance contribution system, but it needs to be careful that it doesn’t discourage entrepreneurship in the process.

It’s good to see science and technology investment and industry collaboration at the forefront of the Budget. It was a Budget designed to prepare the country for a post-Brexit future. We get another Budget later this year, as we move to a single fiscal event to take place in the autumn. It remains to be seen how different things look once Article 50 has been triggered.

Subscription service clients can read our full report on Spring Budget 2017 here. If you’re not a subscriber please contact Deb Seth in the Client Services team for more information.

Posted by Dale Peters at '09:23' - Tagged: budget   spring   2017  

Friday 03 March 2017

*NEW RESEARCH* IndustryViews Venture Capital Q4 2016

chartDespite all the fears about Brexit, venture capital funding of UK and Irish tech companies increased in 2016 according to the latest data from corporate finance firm, Ascendant. During Q4, £516m was invested in 191 deals of more than £0.5m. This brought the total for 2016 to £2,774m invested in 649 deals by 538 investors, an increase of 7% in value and 22% in volume over the previous year. There were considerably fewer deals involving US based investors in Q4 reflecting a general drop in VC investment in the US since Q2 2015. However, Ascendant recorded the largest number of monthly UK/Irish tech deals for 20 years in October, with 77 companies receiving finance.

Subscribers to TechMarketView's Foundation Service can read our analysis, along with commentary on selected UK tech VC deals, in our latest IndustryViews report, IndustryViews Venture Capital Q4 2016, which is available for download here

Posted by HotViews Editor at '07:29' - Tagged: funding  

Friday 03 March 2017

*NEW RESEARCH* Government Digital Strategy update – the implications

lWe’ve been delighted by the large number of comments we’ve received from UK Tech sector suppliers to the publication of the Government’s Digital Strategy (see UK Government’s Digital Strategy Launched). It’s great to see such enthusiasm for what is surely one of the most important opportunities for future Tech sector investment.

Against the backdrop of Brexit, the implications are now even more important, because UK Tech needs to look more to itself to develop the talent, up-skill the existing workforce and develop the specialist digital skills for the future.

Delivering the Digital Strategy is going to require a lot of hard work, commitment and buy-in from Government, the Tech industry and academia.

In this HotViewsExtra comment we examine the detail and implications for TechMarketView subscribers, here

Posted by John O'Brien at '07:14' - Tagged: bps   digital   robotics   AI