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Glasgow Tech Fest 2019 Highlights Growing Technology Sector
The second Glasgow Tech Fest saw more than 300 delegates gather to share insights on growing the city’s burgeoning technology sector. The event, held on 19th April was organised by Glasgow City Innovation District and held in the Technology & Innovation Centre at the University of Strathclyde.
The event focused on five key themes: impactful innovation, market dynamics, ecosystem development, commercial strategies, and growth leadership. Speakers including TV presenter and journalist Spencer Kelly, Bayile Adeoti (Founder of Dechomai and President of Scottish Women in Business), Alison Porter (Portfolio Manager at Janus Henderson Global Investors), Dominic McGregor (Co-Founder of Social Chain and Founder of Fearless Adventures), and Professor Janice Kirkpatrick OBE (Creative Director of Graven) shared their insights on successful innovation and collaboration.
Key Takeaways from Glasgow Tech Fest
- AI and AI services that support Automation are now a crucial digital service for any business
- Global investors recognise the value of investing in businesses developing products utilising AI, Crypto, Digital Cloud and the Metaverse
- Investors have shifted their thinking to commercialising deep tech innovation which aligns with the pipeline of innovation that’s emerging from Glasgow’s latest tech startups and spinouts
- Having a solid vision and shared mission provides early stage businesses a clear pathway from which to grow their business
- The Ecosystem is good at providing a range general business support e.g. investment and IP support, however a larger focus is now needed on developing sales talent and skills within organisations
- The Commercial Strategies panel session highlighted that as soon as you start your business, developing your team members sales experience from within the business is crucial;
- There is a clear opportunity to bring together founders with previous start-up experience (those who have received investment and grown their business) with talent who have several years of deep industry expertise. Combining both talents delivers a strong development team from which to accelerate business growth.
Glasgow Tech Week will be a Week-long Celebration
Following the success of the 2019 event, the date for next year’s Glasgow Tech Fest, which will coincide with Glasgow Tech Week has already been set. The week, which will run from 13-17 May, will be a celebration of the technology being developed across the city from the founders, leaders and businesses involved in developing them. The format will be a week-long festival that will showcase the expertise and development of Glasgow’s Tech sector and offers the city’s tech ecosystem the opportunity to come together and collaborate on growing the City’s innovation economy. Glasgow City Innovation District will be the founding partner and lead organiser of the week.
GCID Project Director’s View on Glasgow Tech Fest and Glasgow Tech Week
GCID Project Director Alisdair Gunn said: “Our second Glasgow Tech Fest was a huge success and we’ve received wonderful feedback from attendees. It is clear this event is a popular forum for tech companies in Glasgow City Innovation District and the tech ecosystem beyond to share their ideas and network.
“Over the coming months we will be engaging with partners from across the tech and innovation ecosystem to invite them to support, curate and host their events as part of Glasgow Tech Week”
“Glasgow Tech Week will be the first of its kind for any city in Scotland and will be open to partners who are involved in developing Glasgow’s key industry sectors as well as those who support the growth and investment of technology businesses from across the Glasgow City Region.”
