the connected digital economy catapult intro

Catapult is a Technology Strategy Board programme

The Connected Digital Economy Catapult Intro

Monday 23rd September 2013

Chris ThompsonPartnerships Director

The digital economy – shift happens 2

FAST MOVING

CONSTANTLY CHANGING

BUILD IT & THEY WILL

COME WONT WORK

GLOBAL

BEINGFAST

IS KEY

‘a few years ago a cloud was something in the sky, a tweet was something you heard in the garden, Skype was a typo and 4G was a parking spot’

‘a few years ago a cloud was something in the sky, a tweet was something you heard in the garden, Skype was a typo and 4G was a parking spot’

Vision and strategy 3

Accelerating digital innovators fromconcept to commercialisation by building

platforms and capabilities that addressthe main challenges in the data value chain

Demonstrating the transformativeimpact of digital innovation to UKbusiness and public sector leaders

Strategy

VisionIgniting digital innovation to power sustained economic growth in the UK

Linked economic impact over five years £365 million*

* Validated externally by Innovation Observatory

The data value chain – our ‘field of play' 4

Innovator challenges and unrealised opportunities CDEC will respond to

• Realising the potential of integratedcontent and data

• Exploiting next generation connectivity

• Accessing the skills to develop successful new applications, services and products

• Being heard in a crowded marketplace

• All through providing platforms (capabilities, technology, skills, showcase, project studio)

5

‘Data data everywhereand not a

drop to link’

‘Data data everywhereand not a

drop to link’

Our initial focus framework 6

Our initial focus framework 7

Initial strategic projects Initial quickstart projects

Developing commercially successful new applications, services and products, based on new business models, security and trust, and user

centricity

UK CDEC Innovator Centre

Our initial focus framework 8

Initial strategic projects Initial quickstart projects

Projects - lifecycle of an Innovator Project 9

CDEC convenes partners

to co-fund

CDEC convenes partners

to co-fund

CDECproject

qualification

CDECproject

qualification

Platformbuild

Platformbuild

CDEC and partners

bring innovators

to use

CDEC and partners

bring innovators

to use

Exit fromsome

Exit fromsome

Innovators develop new services with

CDEC help

Innovators develop new services with

CDEC help

Best innovators use CDEC Innovator

Centre to meet customers

Best innovators use CDEC Innovator

Centre to meet customers

Ideas fromCDEC

Ideas fromCDEC

Ideas from

community

Ideas from

community

Extend platfor

m

Extend platfor

m

Projects - lifecycle of an Innovator Project 10

CDEC convenes partners

to co-fund

CDEC convenes partners

to co-fund

CDECproject

qualification

CDECproject

qualification

Platformbuild

Platformbuild

CDEC and partners

bring innovators

to use

CDEC and partners

bring innovators

to use

Exit fromsome

Exit fromsome

Innovators develop new services with

CDEC help

Innovators develop new services with

CDEC help

Best innovators use CDEC Innovator

Centre to meet customers

Best innovators use CDEC Innovator

Centre to meet customers

Extend platfor

m

Extend platfor

m

GO-NO-GOAvoid duplication

In the data value chain?Market will do on time?

Macro-barriersOpen to innovators

CompliantScalable

QUALITATIVESize of marketUK readiness

Demand from innovatorsCommitted partners

Risk

An Innovator Centre 11

Collaboration and showcase studios within the Centre

12

Connected across the UK 13

In summary, we will … 14

• build a portfolio of platforms, skills and assets which address the four main challenges in the data value chain and give digital innovators ‘fast-mover’ advantage

• Bring unique value by combining our convening power, the agile and focussed way we build platforms and the high density of critical skills we develop

• Align our efforts to enhance existing activity

• Demonstrate the transformative impact of digital to UK leaders

• Use £52 million of core TSB grant to generate £ 365 million linked economic value

Innovator Projects qualified against strict criteria

15

Go/no-go

in data value chain? not duplicate funding the market wouldn’t do in

timely fashion no ‘macro-barriers’ open to innovators compliant and not against

public good can it scale?

1 23

Detailed staged review process

market opportunity and UK readiness

demand from innovators and committed partners

risk (commercial, technical, exit options, etc.)

builds CDEC incremental skills and capabilities

builds upon our focus framework

how much income can be generated to offset our costs?