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Top tech stats: FinTech investments up 148%, NHS cybersecurity & more

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Welcome to your round up of some of the past week’s most interesting surveys, statistics and reports relevant to those involved in the UK tech industry.

This week, we have statistics relating to FinTech investment, CFOs aspiring to CEO roles, and cybersecurity within the NHS.

Read on for all this and more.

Top tech stats: London’s co-working community satisfaction, UK EdTEch investment and more

FinTech Investment

Innovate Finance announced that global VC investment in FinTech for H1 2016 was up 148% in relation to the same period in 2015.

The same research showed that UK VC FinTech investment had slowed 33% year-on-year for the same period in 2015.

Lawrence Wintermeyer, CEO of Innovate Finance, commented: “Since the Brexit vote, there are few visible signs that FinTech investment has slowed with Innfin member deals including: Crowdcube $9.1M, Meniga $8.2m, TransferGo $3.3M, Moneybox $1.8M, Huddlestock $1.9M, CreditKudos $.9M, RiskSave $.2M, and Onfido (undisclosed).”

CFO to CEO

Research by Robert Half UK has revealed 86% of chief financial officers (CFOs) aspire to reach the role of chief executive officer (CEO) in their current organisation.

The toughest competition for the role of CEO comes from marketing directors, with 23% of CFOs perceiving them as the greatest threat.

CFOs also believe they are well suited to the role of CEO because of their knowledge in investor stakeholder management (44%) and economic and business awareness (40%). Other benefits that CFOs can deliver include finance and data-driven business decisions (32%), fiscal management and efficiency improvement (22%) and commercial and business growth awareness (12%).

Phil Sheridan, senior managing director at Robert Half UK, UAE and South America, said: “The ‘perfect’ CEO will combine strong functional and technical knowledge to drive the business objectives with an understanding of the industry and competitive landscape. As CEOs continue to be challenged with improving the financial position of the organisation and delivering increased shareholder value, hiring an individual with a strong financial background is often key.

“As new challenges can impact the wider business, companies should regularly review their succession planning strategies to ensure they can fully utilise the range of talent available and develop potential leaders as early as possible.”

NHS

A survey has found that 98% of NHS experts are concerned about emerging cybersecurity threats.

More than 84% added they expected to see an increase in attacks faced by their organisation in upcoming years.

Additionally, 70% of respondents cast doubts on the NHS’ ability to securely share confidential patient data on apps and mobile devices.

Alexander Rushton, UK Health Show event director, said: “Technology will play a big role in shaping the future of the NHS and the way patients access services. UK Health Show delegates responding to the surveys have shown overwhelming confidence in the transformational power of data and technology, but have also revealed areas requiring immediate attention for this to happen.

E-tickets

Research by Cartridge Save revealed 80% of Brits are happy to switch from paper tickets to e-tickets for their travel.

However, the study also found that only 30% of Brits are happy to use digital wallets for payments, with security being a concern for many.

The results also showed that those aged 25-34 were most likely to use e-tickets to travel, whilst those aged over 65 were the least likely. 42% of respondents also said security concerns them with using e-tickets.

Live communication

Research by BlueJeans Network has indicated that live video is vital in building the best teams and providing a competitive advantage.

Some 71% of employees agree that diversity can be realised by bringing together different groups more easily through live video. 74% also believe the hiring of new staff could be accelerated with video.

Additionally, 52% agree that they would prefer to work for a company that invested in high quality video collaboration, and 64% of employees expect to be able to use live video as a communication tool in the workplace.

Technology & education

Polycom’s recent ‘Education in 2025 – Technology Innovation’ survey revealed 73% of education professionals believe teachers are performing the leading role in education today, but only 40% believe this will still be the case in 2025.

Some 53% of education professionals also think real-time video collaboration and mobile devices will be the primary ways students engage with content by 2025.

For technological advancements to happen within education, 36% of EMEA education professionals feel funding is the biggest inhibitor to a more positive future for education.

Andrew Graley, director of healthcare, education and government for EMEA at Polycom, commented: “By allowing an engaging, accessible, and cost-effective approach to education, technology opens up the prospect of higher education, personalised courses, and teacher-training to a much broader population.”

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