Don't act your size: technologies that level the playing field


Don't act your size: technologies that level the playing field

Following this year’s NatWest Technology Conference, Neil Bellamy, Head of Technology, Media and Telecoms at NatWest, looks at the opportunities for businesses in the technology space.

Blog Author Image
Neil Bellamy
NatWest Head of Technology, Media and Telecoms  
Blog

22 March 2016

The focus of this year's NatWest Technology Conference was on how disruptive technologies are levelling the playing field for companies.

 

For the 4th annual NatWest Technology Conference we welcomed experts from Microsoft and Amazon (amongst others), and Kevin Hanley, Director of Design, Services at RBS, to discuss how they believe disruptive technologies will be the catalyst for change.

For the first time in history we're seeing how disruptive technologies are levelling the playing field and allowing smaller companies to step up to their large corporate counterparts.

But the larger corporates aren't sitting back complacently: they're embracing the challenge from their smaller rivals and changing the way they think and how they act.

They too are embracing these new technologies and putting their entrepreneurial hats on – thinking, acting, innovating like their new, smaller competitors.

The UK is renowned for its technology innovation, but when it comes to commercialising their cutting-edge products and services, the companies behind the innovation can face some major challenges.

Many struggle to scale up rapidly enough to capture market share without compromising the company’s innovative capability.

Others find it difficult to compete for specialist technology skills, which are a scarce resource.

However, the country’s entrepreneurial ecosystem is gaining strength and delivering fresh resources and initiatives to help new tech businesses overcome the challenges, scale up at speed and exploit commercial opportunities to secure revenue.

Whatever their size, technology businesses in the UK have a huge opportunity to embrace innovation and entrepreneurial advancement.

Posted In

Blog

Related articles

Small businesses and apprentices

As part of National Apprenticeship Week, Lisa Robey, NatWest Director of Business Banking in Oxfordshire, explores how small businesses can benefit from taking on an apprentice.

Opening up innovation at RBS

RBS Chief Administrative Officer Simon McNamara explains everything you need to know about the new RBS technology centre based in our HQ.

Latest news

Royal Bank of Scotland hosts ‘Easy Wins Live’ event

The event explored today’s ‘always on’ world and the pressure Scots face as they struggle to balance life inside and outside of work.

To win the fight against fraud and scams, it is vital to educate young people.

Primary school children in Currie, Edinburgh put on their detective hats last week to learn more about fraud and scams thanks to the Royal Bank of Scotland MoneySense programme. Les Matheson, CEO of Personal Banking, tells us why it’s so important to financially educate young people.

New NatWest debit cards now accessible for all customers

New card features are being rolled out from today with all cards having a notch and raised dots.

Set Tab for lightbox