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perspectives
With the concept of smart cities quickly spreading throughout the world, the UK’s capital has now decided to join a €25 million smart city tech programme alongside a number of other prominent cities in Europe. The programme aims to improve the lives of European citizens with smart technologies and has drawn support from a number...
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With Greenwich recently being announced as the location for smart city trials, it should perhaps come as no surprise that it will also be the first location in London to trial driverless ‘pod’ cars! Although already being used at Heathrow Airport, the pods will be the first independent (i.e. driver-free) vehicles to take on the...
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Getting an accurate business valuation is vital for when you are trying to negotiate terms with investors. It is therefore worthwhile paying a lot of attention to the valuation process itself, and making sure you do the research that is needed to effectively prepare yourself, and your business. It is much easier to enter into...
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As a startup it can sometimes feel like a very lonely world. Being brave enough, therefore, to try and develop partnerships with already established brands is a very strong and positive move. Not only will achieving this gain you the respect of other established organisations but it will also immediately expand your customer base. Other...
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When you are starting up your own business, it is absolutely essential to have a business plan in place. Your business plan is the blueprint for your company’s future. It is the roadmap you must follow and what investors, as well as potential business partners will base their decisions on. Despite the importance of business...
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One of London’s startups has recently secure $45 million in new funding! WorldRemit, a money transfer service landed the new funding from Silicon Valley Bank and TriplePoint Venture Growth BDC Corp. The startup prides itslef on being a low cost, fast, simple money transfer service, enabling people to “send money online, anytime, anywhere”. The startup...
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All over the world companies are still scratching their heads and battling with customer relationship management (CRM) systems. Fifteen years ago, it was reported by Gartner, the tech research and advisory firm that 50% of CRMs could be classed as failures. Despite over a decade passing since this report, studies are still showing that sales...
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Google’s self-driving car has been designed to be fully autonomous, which means there are no controls whatsoever within the car. The prototypes currently have a top speed of 25 MPH and while the car is still in its testing phase, the company has installed steering wheels and accelerator and brake pedals. This means that the...
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One year ago, a digital healthcare startup called Babylon released a mobile app that performs as a doctor – albeit an artificially intelligent one. The artificial intelligence (AI) app tracks your daily habits, i.e. what you are eating, and also integrates data it has from your medical records (as entered on to your smart device) and...
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Securing investment for your startup is by no means an easy task. Indeed, even when you have had a verbal commitment, it is still incredibly difficult to actually secure that commitment and receive the investment. Both founders and investors are at fault here; founders because they’re often too eager to hear the positives in what...
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