barclays uk innovation_keynote_final
TRANSCRIPT
Confidential | ©2013 Quid, Inc.
Barclays Open Innovation October 22nd, 2013 Sumon Sadhu Quid Inc @sharpshoot
MAPPING UK INNOVATION
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Tommy Flowers, Bletchley Park 1939
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2009
Palace of Fine Arts, San Francisco
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“Can one build software to replace human intelligence?”
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“Can one build software to augment human intelligence?”
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“Can one build software to amplify human intelligence?”
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Sensors Cloud Storage
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“What can we learn from the commercial space industry?”
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SpaceX Ecosystem
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“What is the state of UK innovation?”
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Documents Companies Clusters
250K 616 23 1 2 3
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Recently funded UK companies break into eight high-level themes
Commerce
Consumer Software
TV & Media
Financial Technologies
Telecommunications
Biotechnology Industrials
Business Software
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UK Innovation has eight key themes
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Commerce
Consumer Software
TV & Media
Financial Technologies
Telecommunications
Biotechnology Industrials
Business Software
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Biotechnology Pharmaceuticals Medical Devices
Industrials Chemical, Materials & Sensors Cleantech & Energy Industrial Infrastructure
This representation of UK Innovation breaks down into twenty three key segments
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TV & Media Digital Advertising Digital TV & Video
Telecommunications Telecommunications Infrastructure Wireless Networking
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Business Software Cloud Platforms Collaboration Customer Analytics Data Analytics Enterprise Software & Services
This representation of UK Innovation breaks down into twenty three key segments
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Financial Technologies Lending Payments Trading & Investing Tools
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Commerce Jewellery & Fashion Mobile Commerce & Apps Retail & Shopping
Consumer Software Betting & Gaming Music & Media Social & Sharing
This representation of UK Innovation breaks down into twenty three key segments
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Once revealed these segments can reveal areas of focus within UK innovation
TV & Media
Financial Technologies
Telecommunications
Biotechnology
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% companies in each segment
14%
5%
7%
6%
13%
Industrials
18%
Business Software 22%
15% Commerce
Consumer Software
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Business Software, Industrials and Commerce are the top three areas for innovative UK companies
Commerce
4
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Business Software
18%
22%
15%
Industrials
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Telecoms, Media and Fintech sectors are smaller but similar in size
TV & Media
Financial Technologies
Telecommunications
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5%
7%
6%
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Total Investment 3Q09-3Q13
US$500M+ US$200 to 500M < US$200M
Pharmaceuticals Chemicals, Materials & Sensors
Telecommunications Infrastructure Industrial Infrastructure
Wireless Networking Digital TV & Video
Enterprise Software & Services
Cloud Platforms
Trading & Investing Tools
Over US$20BN invested in UK companies in the past 4 years
* GBP 12BN, assuming 1.61USD/GBP
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Chemicals, Materials & Sensors – US$579M Pharmaceuticals
Telecommunications Infrastructure Industrial Infrastructure
Wireless Networking Digital TV & Video
Enterprise Software & Services - US$745M
Cloud Platforms
Trading & Investing Tools
Total Investment 3Q09-3Q13
US$500M+ US$200 to 500M < US$200M
Over US$20BN invested in UK companies in the past 4 years
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UK companies are solving some of the most impactful problems
Biotechnology Industrials
$84M $155M
Human Health Electric Vehicles
Business Software $15M
Oil & Gas analytics
Telecommunications
$345M
Connectivity & Access
Total Investment 3Q09-3Q13
US$500M+ US$200 to 500M < US$200M
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IPTV & Video Infrastructure
Banking & Investment Software
Acquired by Cisco for US$5BN
Acquired by Vista Equity Partners for US$2BN
Total Investment 3Q09-3Q13
US$500M+ US$200 to 500M < US$200M
MiSys and NDS group have achieved multi-billion dollar exits from the UK
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Medical Devices
Telecommunications Infrastructure
Data Analytics
Collaboration
Music & Media
Cloud Computing
Lending
Investment Growth 2012–2013
>100% 0-100% <0%
Seven areas have shown significant growth in investment since 2012
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Data Analytics Digital Advertising
Customer Analytics
Collaboration
Lending
Mobile Commerce & Applications
Retail & Shopping
Social & Sharing
Betting & Gaming
% companies founded after 2010
>20% 10-20% <10%
Software trends are driving the creation of a new UK digital sector
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Data Analytics Digital Advertising Customer Analytics
– 36% Collaboration
Lending – 60%
Mobile Commerce & Applications
Retail & Shopping – 33%
Social & Sharing
Betting & Gaming – 32%
% companies founded after 2010
>20% 10-20% <10%
Areas of particularly fast growth are spread across commerce, finance, and enterprise software
