May 27, 2024
In this episode of StreetsTalksTo we are joined by Hilary Smyth-Allen, Executive Director of SuperTech, the UK’s first and only tech supercluster, based in the West Midlands. The supercluster is leading the charge in accelerating technological adoption across professional services through ProfTech which includes FinTech, PropTech, LegalTech and InsurTech. In our conversation, Hilary shares invaluable insights into the intersection of innovation and professional services. We discuss:
Roadmap for the Future: Hilary unveils SuperTech’s strategic Research and Innovation Roadmap, a 10 year plan based on deep analysis, developed through extensive consultation with industry stakeholders and academia. The Roadmap focuses on four key themes: Productivity, Open Data, Sustainability, and Inclusion & Wellness. Driven by a commitment to these areas, the blueprint is an actionable programme of targeted initiatives to drive prosperity and improve social outcomes.
Championing Innovation: Hilary emphasises the importance of innovation in driving growth and competition in the business, professional and financial services sectors. SuperTech's mission is to position the West Midlands as a hub for next-generation services, leveraging technology to enhance customer experience and business operations.
The ProfTech Revolution: We explore the concept of ProfTech and its significance. ProfTech encompasses a wide range of professional services enhanced by technology, from legal and property services to financial advisory. By embracing ProfTech, businesses can unlock new opportunities for growth and efficiency.
Driving Impact: Looking ahead, SuperTech is committed to translating the Roadmap into tangible outcomes. Cross-sector engagement is at the heart of the Roadmap and the delivery of all activities.
Through collaborative partnerships and joined-up initiatives that will fully enable and serve businesses, consumers and investors, the potential impact of the Roadmap is the creation of over 4,600 regional jobs and the addition of £1.5bn to the regional economy over the next decade.