Archive

THOUGHTRIVER WINS INNOVATE UK FUNDING TO DEVELOP ‘THINKING AI’

An article produced by ResponseSource on 13 December 2018.

The original article can be found here

Featuring: All-Party Parliamentary Group (APPG) on Artificial Intelligence recognised as an important initiative to increase industry adoption of AI technology


ThoughtRiver, the Cambridge-based leader in contract pre-screening technology, today announces that it has been awarded funding from Innovate UK for a £400,000 development project working alongside Professor Ted Briscoe, a well-known computational linguistics expert at Cambridge University.

ThoughtRiver – whose platform automatically reads and reviews commercial contracts for pre-screening purposes – works with large multinational companies and law firms in US, Europe and Asia Pacific.

‘DIGITAL OPPORTUNITY’ OF BREXIT – BLOCKCHAIN ECONOMY IN BRITAIN

An article published on Forbes on 10 December 2018

By Roger Aitken

Featuring: U.K. All-Party Parliamentary Group (APPG) on Blockchain has published a leading report with DAG Global, outlining the state of blockchain investment in the UK.


The economic impact of Brexit has been much explored and debated. The OECD and HM Treasury have put forward analysis suggesting that Brexit could negatively impact the country’s GDP by 3% until 2020, while the Bank of England has made occasional statements about other dire scenarios, prognostications some might dub “Project Fear 2.0.”

These predictions include crashing house prices, spiralling interest rates, loan defaults, asset outflows, negative returns on equity and anaemic stock market performance. It is certainly a volatile cocktail and matters could be heading for a perfect storm. And, whatever else, we live in interesting times with new technologies and their associated shifts and disruptions.

Big Innovation Centre Wins Think Tank of the Year at 2018 PRCA Public Affairs Awards!

Featuring: Big Innovation Centre Wins Think Tank of the Year 


Big innovation Centre took home Think Tank of the Year at the PRCA Public Affairs Awards which took place at the Park Plaza London Riverbank on November 29th, 2018.

See more about the awards as well as photos from the event here

The full list of winners from the night:

Best Campaign in Scotland: Marie Curie/MND Scotland

Best Campaign in Wales: Boots UK/Deryn

Best Campaign in Northern Ireland: Weber Shandwick

Corporate Campaign of the Year: Siemens

Trade Body Campaign of the Year: NFU

Local Government Campaign of the Year: Forty Shillings/Muse Developments/Dartford Borough Council

Planning Campaign of the Year: Newington Communications/Ciel Capital

Voluntary Sector Campaign of the Year: Newington Communications/PupAid

Social Media Campaign of the Year: ABI/Third City

Think Tank of the Year: Big Innovation Centre

Party Conference Fringe Event of the Year: MHP Communications

Party Conference Reception of the Year: Interel

Party Conference Stand of the Year: NFU

Best In-House Consultancy Collaboration: Connect/Resolution

Consultancy Campaign of the Year: Interel

In-house Professional of the Year: Lis Wallace, Malaria No More UK

In-House Team of the Year: Battersea Dogs & Cats Home

Consultant of the Year: Katherine Morgan, Interel

Consultancy of the Year: Cicero

Douglas Smith Prize: Christine McKenna, Grayling

Outstanding Contribution: George McGregor, Interel

 

 

Strong state of artificial intelligence in the U.K.

An article published on the Digital Journal on 4 November 2018

By Tim Sandle

Featuring: All-Party Parliamentary Group on AI  Recognised for excellent work and groundbreaking reports contributing to the establishment of the government office for AI.


London – A new report into artificial intelligence in the U.K. assesses the current state of play and it identifies the key players. The report concludes that Britain has necessary resources, as well as the industrial will, to develop gold standards for AI.

The Big Innovation Centre and Deep Knowledge Analytics, in conjunction with the All Party Parliamentary Group on Artificial Intelligence, has released a new report examining the state of the artificial intelligence industry in the United Kingdom. The report is titled “Artificial Intelligence Industry in the UK 2018”.

THE TECH BUDGET? IS CRYPTO PHIL HAMMOND DOING ENOUGH TO CREATE AN AI REVOLUTION IN THE UK?

An article published on Information Age on 30 October 2018

Written by Michael Baxter

Usually, nicknames are what other people give us. In his latest budget, unveiled on October 29th 2018, the chancellor referred to himself as Fiscal Phil. But if he really wants to go down in history he should instead seek to be known as AI Phil, or even IoT Phil, Crypto Phil or if you want a more snappy title: Techy Phil.

On the occasion of his latest opportunity to bask in the limelight, Techy Phil unveiled the promise of a tech Budget.

UK COULD TAKE THIRD PLACE IN GLOBAL AI RANKING BY 2020, CLAIMS REPORT

An article published on New Statesman on 25 October 2018

Written by Dorothy Musariri

Featuring: All-Party Parliamentary Group on AI commended for the establishment of the Government Office for AI. With help from the government, the UK has a solid foundation to become a global AI leader.


By 2020, the UK could be in third place in the global ranking for the AI industry, behind only China and the US, according to a major report published by consultancies Big Innovation Centre and Deep Knowledge Analytics.

The 2,200-page report, released on Wednesday, features individual profiles of 1,000 companies, 600 investors, 80 influencers, 35 tech hubs, research centres and a number of private government entities that are assisting the development of the UK AI industry.

It claims the UK is “well-positioned” to become a leader in specific areas including healthcare and fintech, and has all the necessary resources to develop “gold standards on trusted AI”.

UK WELL-POSITIONED TO COMPETE WITH AI SUPERPOWERS US + CHINA – REPORT

An article published on Artificial Lawyer on 24 October 2018.

Featuring: The Big Innovation Centre’s report uncovers the secret behind the UK’s successful AI position. 


A major report has found that the UK is well-positioned to compete with the two main AI superpowers of the world, the US and China. It also found that the UK now has around 1,000 companies, 600 investors and 35 tech hubs/research centres with a focus on AI-based technology.

And Artificial Lawyer is proud to observe that an important slice of the above relates to legal AI companies. Well done everyone!

Many others are in fields such as PropTech, InsurTech, Healthcare, Security and FinTech.

Surging AI Industry in the UK

PRESS RELEASE

Click here to download the full release

Featuring: Big Innovation Centre and Deep Knowledge Analytics place the UK in the third spot in the global rankings for Artificial Intelligence (AI) and it foresees it excelling in specific sub-sectors and areas in the coming years.


Surging AI Industry in the UK

Thriving industry and developing gold standards on Trusted AI put UK in company with US and China in the global AI-economy by 2020

London, 24 October 2018 – A major report by Big Innovation Centre and Deep Knowledge Analytics places the UK in the third spot in the global rankings for Artificial Intelligence (AI) and it foresees it   excelling in specific subsectors and areas in the coming years.

While China is actively challenging the US as the dominant leader in the international AI race, the UK is well positioned to become an international leader in specific niches, including healthcare and fintech. The UK could also lead the way in the development of AI ethics, governance and safety frameworks on a global scale. The report identifies the substantial potential for the UK to set the gold standard for “Good Trusted AI” by thought-leading international protocols and standards for the prevention of oppression, discrimination and biases resulting from the unethical use of AI.

Britain’s AI industry must avoid brain-drain to the US, MPs warn

Click to visit the Telegraph website for the full article.

Featuring: Big Innovation Centre reveals one of the biggest risks to the UK’s AI sector. 


Britain must avoid a “brain-drain” of its top expertise on artificial intelligence to the US  if it is to maintain its position as a world leader in the technology, MPs have been warned.

A report published on Wednesday by the All-Party Parliamentary Group for AI claimed that the UK has all of the basic elements necessary to compete effectively in a global race to develop AI technology. The Big Innovation Centre and Deep Knowledge Analytics collected and produced the report.

However, it cited one of the biggest risks was the steady drain of talent to Silicon Valley from Britain’s top tech companies and universities.

The report outlined the current state of AI expertise in the UK and examined more than 1000 companies involved in the sector.

It noted that big advances in AI technology were being made at UK universities such as Oxford and Cambridge, but said there was a disconnect with the UK’s ability to commercialise these advances by building large national champions.

Is this the Cambrian Explosion of AI in the UK?

An article published on Information Age  on 24 October 2018

Written by Andrew Ross

Featuring: Big Innovation Centre releases a major report, showing the UK AI landscape as one of the most impactful and growing sectors affecting the future of the UK. 


As China and the US fight to become the dominant leader in the international AI race, the UK is well positioned to become an international AI leader in specific niches, including healthcare and fintech. The UK is also tipped to lead the way in AI ethics, governance and safety frameworks on a global scale.

This is all according to a major report by the Big Innovation Centre and Deep Knowledge Analytics.

SURGING AI INDUSTRY IN THE UK

An article published on Open Access Government  on 24 October 2018

Featuring: Big Innovation Centre contributed a report which has been a vital source of expertise on the state of AI in the UK.


A MAJOR REPORT BY BIG INNOVATION CENTRE AND DEEP KNOWLEDGE ANALYTICS PLACES THE UK IN THE THIRD SPOT IN THE GLOBAL RANKINGS FOR THE AI INDUSTRY AND IT FORESEES IT EXCELLING IN SPECIFIC SUBSECTORS AND AREAS IN THE COMING YEARS.

While China is actively challenging the US as the dominant leader in the international AI race, the UK is well positioned to become an international leader in specific niches, including healthcare and fintech. The UK could also lead the way in the development of AI ethics, governance and safety frameworks on a global scale. The report identifies the substantial potential for the UK to set the gold standard for “Good Trusted AI” by thought-leading international protocols and standards for the prevention of oppression, discrimination and biases resulting from the unethical use of AI.

Lessons in data capitalism, blockchain and the role of the tech giants

Read the full write up on the Prospect Magazine website by clicking here

Featuring: Birgitte Andersen, CEO and co-creator of Big Innovation Centre argues that data capitalism is still in its “wild west” stage and this is helping tech giants.


What is the role of the regulator in the digital age? How do we ensure technology companies – the tech giants – are accountable to their users? How can we give start-ups the time and space to grow? Beyond cryptocurrencies, how might the use of blockchain-based technologies lead to innovative new services?

At a wide-ranging panel discussion at this autumn’s Conservative Party annual conference policy makers, academics and technologists came together to debate best practice in an era of data capitalism. Here are just some of the lessons shared – and lessons learned – over the course of the 70-minute discussion.

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