Tech

Technology

Edinburgh technology accelerator seeks next unicorn

The button is being pressed on what has been described as Scotland’s first “dedicated pre-seed tech accelerator” in a fresh bid to nurture the nation’s next billion-dollar start-up.

Tech
Archangels chief investment officer Sarah Hardy, left, with Reactec chief Jacqui McLaughlin. Picture: Robert Perry

Staff dig in for Reactec’s £700,000 funding boost

An Edinburgh firm that aims to protect workers from “hand arm vibration” injuries caused by power tools has raised £700,000 in a funding round backed by its own staff.

Tech
ScotlandIS boss Polly Purvis says the digital tech sector is becoming 'more and more important' to the wider economy. Picture: Chris Watt

Scotland’s digital tech sector poised for growth

As the sector behind Scotland’s two unicorns and its first Aim flotation for several years, it’s hard to overstate the economic impact the digital technologies industry is currently having.

Tech 1
Scottish Investment Bank chief Kerry Sharp hailed 'significant progress' at Aberdeen-based Elasmogen. Picture: Contributed

Life sciences firm Elasmogen secures £1.2m injection

An Aberdeen-based life sciences firm has won £1.2 million worth of funding to progress its work to develop treatments for eye diseases.

Tech
PIC � Sandy Young 07970 268944
Jim McColl unveiled his plans for the future of Ferguson Shipbuilders at a press conference in Port Glasgow today. With an investment of up to �8m, he will take on 80 employees by mid-November - most of whom had been laid off when the yard went into administration.
PICTURED Jim McColl with some of the workforce who have been re-employed.

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07970 268 944

Kevin Hobbs: Scotland’s maritime industry still buoyant

The maritime services ­sector in Scotland is ­estimated to support 54,900 jobs, contributes £2.7 billion to the economy and generates tax revenues of just under £1 billion.

Opinion
Grant Feasey, senior design engineer at AES Solar. Picture: Marc Hindley

Scottish solar firm AES wins EU project backing

A Scottish manufacturer of solar panels is the only company of its kind in Europe to have been selected to work on an EU wide project which will promote the development of renewable technology.

Tech
Roslin-based Arrayjet specialises in 'bioprinting' services. Picture: Contributed

Life sciences firm Arrayjet inks ‘major’ US boost

Life sciences firm Arrayjet, which specialises in printing services used for medical screening, has landed a deal with a US-based global pioneer in biomedical research.

Tech
Entries for this year's Converge Challenge are already coming in ahead of the 10 April deadline. Picture: Alan Richardson

Entrepreneurial contest seems money well spent

At a time of increasing focus on the need to improve the productivity of the Scottish economy and the potential role of universities in driving greater business growth, a report out today makes for interesting reading.

Tech
Nick Freer says internationalisation translates to economic growth. Picture: Stewart Attwood

Nick Freer: Internationalisation pivotal to growth

At an annual corporate awards ceremony in Glasgow last week, some of Scotland’s most successful exporters were celebrated at a standard black-tie night in a hotel ballroom among the great and the good of the business scene.

Tech
The telecoms watchdog found BT's Openreach arm had failed to pay other providers proper compensation for delays. Picture: Rod Kirkpatrick/VisualMedia/PA

BT fined record £42m over ‘serious’ rules breach

BT has been hit with a record £42 million fine by the telecoms watchdog and is facing compensation costs to rivals of £300mn over delayed high-speed cable installations.

Tech 2
One Lochrin Square is aimed at occupiers in Edinburgh's technology, media and telecoms arena. Picture: McAteer Photograph

Edinburgh’s biggest office building targets tech scene

The largest single office building in Edinburgh has officially opened after refurbishment to meet “unprecedented” demand from the city’s thriving technology sector.

Tech 1
Under the proposals customers would be entitled to automatic compensation

Automatic compensation plan for poor broadband service

Customers who receive a poor service from their landline or broadband provider could be in line for automatic compensation as part of new proposals.

Tech 2
Pinsent Masons' Luke Scanlon says banks and cloud providers can work together to understand their regulatory obligations. Picture: PA

Luke Scanlon: More clarity needed on cloud banking

Royal Bank of Scotland chief executive Ross McEwan earlier this week described RBS as “more a financial services company with good technology” than a traditional bank.

Financial
Nuria Oliver, head of research in data science at Vodafone, addresses the inaugural Data Summit at the Assembly Rooms in Edinburgh. Picture: Simon Williams

How mobile phones could save lives in the developing world

Tech firms in Scotland have been challenged to help turn big data into a force for social good, writes Chris McCall

Tech 3
With around 150 companies and a combined turnover of �1 billion, Scotland already has a vibrant and growing data sciences sector. Picture: John Devlin

David Smith: More support for Scotland’s growing data sector

A new programme of support will allow Scots firms to capitalise on data, writes David Smith

Tech 1
David Ferguson, founder and CEO of Nucleus. Picture: Ditte Solgaard/First Light Photography

Nucleus boss in the running for DigiTech CEO award

David Ferguson, the founder and chief executive of financial wrap platform Nucleus, has been shortlisted in the CEO of the year category in the latest Digital Technology Awards.

Tech
Craneware CEO and co-founder Keith Neilson. Picture: Neil Hanna

Edinburgh’s Craneware lands $5.2m US hospitals deal

Healthcare technology outfit Craneware has won a contract, worth $5.2 million (£4.2m), with a US hospital operator.

Tech
Clear lines of accountability are vital in the fight against cyber-crime. Picture: Ian Rutherford

Clear command and control needed in cyber-crime war

With financial cyber-crime rising at alarming rates, Treasury committee chairman Andrew Tyrie believes greater focus is urgently needed.

Financial
Skyscanner is a Scottish digital tech success story. The number of jobs in the wider sector could rise to 150,000 by 2021. Picture: Contributed

Digital strategy could lead to tech jobs boost in Scotland

The digital technology workforce in Scotland could rise to 150,000 by 2021 as ministers place the sector at the centre of the country’s economic future.

Tech 6
Better to gain your stripes than chase chimeras, argues Jim Duffy. Picture: Ian Howarth

Jim Duffy: Do you want to be a zebra or a unicorn?

I recently met two “younger than me” entrepreneurs who are part of a group of millennials eager to start and grow businesses, but who do not want to be classed as “unicorns”.

Tech 1
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