Latest thinking

Our Insights is where we share our latest thinking through blog posts, interviews with members of the entrepreneurial community, and external publications.

Creating International Currencies

Currencies enable commerce, acting as a recognised standard unit of exchange; they are closely associated with nation states – usually being either created or controlled by governments, within their (geographic) spheres of economic and legal influence.  What is interesting about the early cryptocurrencies is they have been able to address very large communities –  crossing many national boundaries in the process – and although we have seen certain countries seeking to dissuade the use of cryptocurrencies (for example China and Korea) – the growth of the populations ‘using’ (in the widest possible sense of the word) continues.  In this respect…

Closing

Closing any deal is an event created by a process. The event itself involves getting the deal over the completion line. It is no more than the summation of a process that starts once a degree of mutual trust and interest have been established. Opening is a fluid mix of sparking interest (i.e. potential but still unsubstantiated fit and benefit) and relationship building. Relationships matter as they create access and provide the agency that gets things done and the medium through which information and insight is channelled and processed. Importantly, they also allow us to understand first hand what is…

From electricity metering to cookie cutters

A common trope in the smart buildings and energy efficiency technology space is that there is no cookie cutter approach to effectively manage energy in buildings. It’s a statement that speaks to the myriad of factors that can affect how individual buildings operate and how one technology solution does not fit all sizes. A few months back, an energy management and smart meter expert from a global consultancy was in our office to discuss big data approaches to energy management. In particular, we were discussing the growing significance of circuit-level data in the built environment. As our conversation went on, we…

A conversation with Ffion Rolph, Rapid Innovation Group Project Director

RIG’s summer intern, Nadya Kelly, sat down for lunch with Ffion Rolph, RIG’s project director. Over some pizza and coffee, they discussed Ffion’s time at RIG, technology interests, and gender issues. NK: How did you end up working for RIG? FR: Honestly, I came out of university, and like most people, didn’t really know what I wanted to do. I had a couple of ideas. I’ve always been into politics - I studied it at university and had been working at the Welsh Assembly for a while before I came across RIG. A friend knew someone who worked here. I…

The draw of a silly assumption

On paper it might make sense: hire a commercially minded executive who has ridden the tiger at a fabulously successful growth company, who has been there and done that, and low and behold the same result will transpire. Unfortunately, this will rarely happen in practice (at least not in the formative stages - see below) yet it is an assumption that in the sweaty heat of entrepreneurial aspiration is alluring.  It follows a predictable path in how we seem to process success and failure. If a project or indeed a company is hugely successful it is all down to us;…

First impressions of life at RIG

It’s the end of week two working here for me at RIG (well, it was at the time of writing) and it’s time for me to give a little bit of detail to what I’ve been up to, what I’ve learnt, and first impressions of the company. It’s started as a little bit of acronym bombardment, full of TAMs, IPPs, OEMs and IPOs and a healthy dosage of blockchain chat from David. Slowly, I feel like I’m getting accustomed to how things work in the office, small company culture and RIG’s careful line between scrupulous professionalism and the informality fostered…