Driving Innovation TSB’s support to Digital businesses Capitalising on the Cloud Event 8 November 2011 Dr. Maurizio Pilu Technology Strategy Board

Driving Innovation What is the Technology Strategy Board? We are the UK’s Innovation Agency A national body set up in 2007 to invest in business innovation We work across business, universities and government We mostly come from business –130 people with over 1700 years of business experience We have a budget of over £300m/year

Driving Innovation Support for companies from Concept to Commercialisation

Driving Innovation What HMG says…. “This is why we are making the Technology Strategy Board a key channel through which we will incentivise business-led innovation in those sectors of the UK economy which present the greatest opportunity to boost UK growth.” Blueprint for Technology

Driving Innovation We support the full range of business We help strengthen the global competitive position of our leading businesses We identify and grow sectors and businesses with the capacity to become the best in the world We nurture the businesses that can succeed in the growth sectors of tomorrow

Driving Innovation And we make choices... We don’t pick winners. We do pick areas of activity where UK businesses can thrive and support innovative companies in them We consider –the size of the markets, –the capability of the UK to address them, –the timing …and the difference our support would make And all this underpins our investment decisions

Driving Innovation Technology Innovation We build capability in the underpinning areas that enable a sure and effective response to market needs –Advanced materials, –Bioscience, –Electronics, photonics and electrical systems, –Information and communication technologies, –Nanotechnology

Driving Innovation Challenge-led Innovation We aim to understand the needs of the markets and support the most innovative and competitive responses –Digital services –Energy generation and supply –Built environment –Food –Healthcare –Transport –High Value Manufacturing

Driving Innovation Innovation Platforms We work with Government as they address societal challenges to give business the future market definition they need to be competitive –Low Carbon Vehicles –Assisted Living –Low Impact Buildings –Detection and Identification of Infectious Agents –Sustainable Agri-Food Supply Chain –Stratified Medicine

Driving Innovation Government Levers Standards –Give lead to market specifications Regulation –Forces market specifications Procurement –Sets market specifications and builds market –SBRI –Forward Procurement Specification

Driving Innovation Delivery mechanisms - Activities Knowledge Transfer Networks –Networks within communities with similar skills or goals, where knowledge about needs and capabilities can be exchanged Missions –For fast-growing companies to explore opportunities with overseas investors, potential partners and customers, media … Centres –A single point of access to world leading research capability a critical mass of knowledge and skilled personnel access to expensive or fast evolving capital equipment Demonstrators –Facilities and platforms to test innovative ideas in real environments

Driving Innovation Delivery mechanisms: competitions Consortium Investment –“normal” 2-stage –“fast track” 1-stage –feasibility first stage –2-stage with consortium building workshop/Grand Challenge –sandpit first stage Single Company Investment –Knowledge Transfer Partnerships –Grants for Research and Development –Feasibility studies –LaunchPad (cluster initiatives) –SBRIs

Driving Innovation TSB’s investments in ICT/Digital Fostering the innovation climate (KTNs, KTPs) Technology-inspired ICT & EPES programme Challenge-led Digital programme Other Challenge-inspired innovation –Intelligent transport, Modern built environment –Innovation Platforms such as Assisted Living –Application areas such as Creative Industries Support to EU programmes Pre-commercial procurement

Driving Innovation What is “Digital” We see it as the: “complex interaction of people, processes and technology that aims at increasing the socio-economic benefits of ICT” Digital Strategic Update, October 2010

Driving Innovation Societal: + ageing + environment + inclusion Trends that fuel innovation Technology: + data generated + demand on networks + mobility + m2m + openness + cloud + services + user generation + crow sourcing +....

Driving Innovation Biggest opportunity? “Internetization”.....

Driving Innovation The Technology Strategy Board’s Digital programme Evolved from Digital Britain, now with a broader remit October 2010 Strategic Update Mission: to help innovative businesses unlock the economic potential of digital technology, by identifying and addressing systemic challenges and resolving tensions between people, processes and technology.

Driving Innovation The engine of the digital economy: Value network of information & content Creation Distribution & Services Use Barriers Tensions between old and new models Misaligned incentives Conflicting interests, Conservatism amongst incumbents Lack of – or outdated – regulations Lack of standards Incomplete or disjointed value chains Industry fragmentation Issues

Driving Innovation Some of our strategic challenges.... Moving towards a world of pervasive digital services Building the case for investment in emerging digital infrastructure and platforms Enabling new business models and opportunities in a world of connected objects Increasing trust and resilience in a rapidly changing, connected world Improving people’s lives and experiences in the digital world Harnessing the economic value of information and content Enabling and creating business opportunities in and across new digital value networks and communities

Driving Innovation Digital Economics Risk and Resilience Human Factors Services Information Advanced Infrastructure and Capabilities Advanced Infrastructure and Capabilities Value Networks, Communities and Businesses Value Networks, Communities and Businesses Digital Challenges Perspectives

Driving Innovation

Creation Distribution & Services Use Challenge: Trusted services

Driving Innovation Creation Distribution & Services Use Challenge: improving the value chain of media creation and consumption

Driving Innovation Creation Distribution & Services Use Challenge: Alternative business models, applications and services centred on advanced network capabilities and services

Driving Innovation Creation Distribution & Services Use Focus: Addressing barriers to the creation of new information & content value chains

Driving Innovation Creation Distribution & Services Use Challenge: emerging business opportunities for digital services Harnessing open data Complementing public services ‘Internet of Things’ Cloud adoption

Driving Innovation Creation Distribution & Services Use Challenge: Creating data & information value chains in the Internet of Things

Driving Innovation Internet of Things Convergence: Preparatory studies £4.5m competition Focussing on the challenges and opportunities of: Increased accessibility to data easy and harmonised access Data and Information “value chains” Opened on Oct 11 th REGISTATION CLOSE TOMORROW NOON! #tsbiot

Driving Innovation Stop-press! £18m “Technology Inspired” competition advanced materials; biosciences; electronics, photonics and electrical systems; information and communications technology; Nanoscale technologies Opens on 31 Oct 2011 Communications: contributing to the cost-effective development and deployment of next-generation access, or the development of local high frequency wireless networks

Driving Innovation Over the horizon Consultation on Future Internet Systems and Creative Digital Services Technology and Innovation Centres (more on this later in the day) £4.5m Internet of Things Convergence Exploring opportunities in the area of cloud adoption, convergence, emerging digital infrastructure

Driving Innovation twitter: maurizio_tsb Dr. Maurizio Pilu THANK YOU