Keeping the brains of Britain

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By Vimi Grewal-Carr, Innovation lead, Deloitte

The UK has a world class innovation system. Our last post highlighted the strengths and opportunities that Brexit posed for the UK innovation system. Among the strengths are idea generation and the quality of the UK’s universities, which attract students from all over the globe.

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Posted on 08/09/2016 | 0 Comments

Saracens journey to the top using performance analytics

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By David Blackwell, Performance Analytics lead, Deloitte

Can sports teams use data to win trophies? This blog post written by David Blackwell and Rodd Penney from our Performance Analytics team, looks into how Saracens have established themselves as one of the teams to beat in Europe.

In recent years Saracens rugby club have developed into a team who consistently perform on the biggest stage. This was highlighted when Saracens were crowned the 2015 – 2016 European and Premiership champions. It was the first time in 12 years that an English team has won both competitions and it came during a relentless season which was compressed into eight months due to the 2015 Rugby World Cup running until October.

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Posted on 15/08/2016 | 0 Comments

Innovation outside the EU: threats and opportunities

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By Vimi Grewal-Carr, Innovation lead, Deloitte

Is Brexit the end of the UK’s global prominence in innovation?

The UK has made leaps and bounds over the last few years becoming a global power for innovation. It is once again in the top three most innovative nations in the world, according to the Global Innovation Index 2016.”

The UK is a leader in research and development as well as a hub for innovation, but there are concerns that leaving the EU will undermine that position.

What are the factors that will determine the scale of impact on the UK’s innovation system?

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Posted on 10/08/2016 | 0 Comments

Blockchain: Democratised trust

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By Stephen Marshall, Financial Services Technology lead, Deloitte

Trust is a foundational element of business. Yet maintaining it - particularly throughout a global economy that is becoming increasingly digital - is expensive, time-consuming, and, in many cases, inefficient. Some organisations are exploring how blockchain, the backbone behind bitcoin, might provide a viable alternative to the current procedural, organisational, and technological infrastructure required to create institutionalised trust. Though these exploratory efforts are still nascent, the payoff could be profound. Like the Internet reinvented communication, blockchain may similarly disrupt transactions, contracts, and trust - the underpinnings of business, government, and society.

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Posted on 27/06/2016 | 0 Comments

Work with start-ups to get to grips with digital transformation

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By Julian Birkinshaw, Professor of Strategy and Entrepreneurship, London Business School

The challenge of ‘going digital’ is hardly new – many companies have been working on it for almost twenty years. But even those parts of the economy most suited to digital transformation continue to evolve in unpredictable ways, with new offerings emerging all the time. Online newspapers today include live blogs, video and interactive content; music is streamed and packaged into playlists; banking services are offered through peer-to-peer communities.

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Posted on 10/06/2016 | 0 Comments

Why is blockchain rewiring markets?

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By Stephen Marshall, Financial Services Technology lead, Deloitte

Blockchain’s ability to replace middlemen with mathematics is precisely why this technology matters. It can reduce overhead costs when parties trade assets directly with each other, or quickly prove ownership or authorship of information – a task that is currently next to impossible without either a central authority or impartial mediator.

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Posted on 26/05/2016 | 0 Comments

Identity 2030

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By Tyler Welmans, Blockchain lab, Deloitte

It's 2030. You own your digital identity. It exists in one place, and is globally accessible. It is private by default and can only be read by you. You may choose to show parts of it to others, but the choice is yours.

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Posted on 03/05/2016 | 0 Comments

Death and taxes: real life on the blockchain

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By Stephen Marshall, Financial Services Technology lead, Deloitte

With apologies to Benjamin Franklin, in today’s world, nothing can be said to be certain, except perhaps the blockchain. I’m sure that if he were still alive today, he would argue that this statement is an apt description of the inevitability of distributed ledger technology, if one were only to believe the hype currently surrounding it.

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Posted on 21/04/2016 | 0 Comments

Can a robot do my job?

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By Graeme Knopf, Robotic Process Automation lead, Deloitte

Humans have tried to create robots in their own image for centuries. One of the first efforts came in the 1400s from Leonardo da Vinci in the form of his mechanical knight, which could stand, sit, raise its visor and independently move its arms. Now robotics and machine learning have developed so much that they look set to disrupt all areas of our lives – especially work. This is going to have a tremendous impact on employers and employees alike. Will humans become marginalised?

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Posted on 15/04/2016 | 0 Comments

Marginal gains with blockchains: let’s get back to basics in government

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The recent Government Office for Science report, Distributed Ledger Technology: beyond block chain, describes the algorithms that enable the creation of distributed ledgers as “powerful, disruptive innovations that could transform the delivery of public and private services”. Certainly, when we look at the phenomenal interest in blockchain technology shown by banks, it is clear that the UK Government’s view is shared – at least for now – by a number of goliaths of industry.

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Posted on 11/04/2016 | 0 Comments