Large whiteboards cover the
walls at the lab, while desks are littered with laptops, PCs and tablets
as the teams worked together to
prepare for the competition.
BT keeps up with the latest technology through its global scouting
model. It scans the globe for new
ideas and technology from venture
capitals, start-ups, partners and
competitors, while identifying
trends and threats in technology.
The networks created through the
global scouting model span 10 years,
with 450 start-ups scanned typically
each year. Trends investigated by BT
include mobility, Internet of Things,
Wi-Fi, security and cyber defence,
big data, cloud services and new IT.
They are tracking investments
in innovative technologies and
services, identifying emerging busi-
ness models, finding early adoption
and monitoring best practice from
peer organisations to build a ‘pipe-
line of innovation’.
“We are in the hype of a cycle
right now and it isn’t going to slow
down,” Key explains.
As head of customer engagement
for the financial services at the
lab, Key says BT’s lab is essential
for start-ups and Fin Tech firms in
their early stages.
THE BT NETRIX
1 in 3