Brite Innovation Review Spring 2022

Let’s start with some exciting news: We want you to be part of shaping the future of engineering and technology! The Institution of Engineering and Technology (IET), in partnership with the IKE Institute, is setting out to shake up innovation in engineering and technology to ensure what we do is what you want. Join us by taking our Innovation Landscape Survey and help us understand your innovation needs now and in the future. You can have your say here.

In this issue, IKE Institute CEO Professor Sa’ad Sam Medhat explores the applications of geofencing in protecting people, organisations and critical infrastructure in an increasingly connected world.

We also speak to the CEO of the Science-Based Targets initiative, Dr Luiz Fernando do Amaral, about how a third of the global economy is now tied to science-based climate targets. Elsewhere, we find out why the implementation of ethical AI is lagging despite boardrooms taking notice of its importance, ask why investment in technology startups is going strong despite the challenges facing the market, and investigate whether Dubai’s bid to place itself as a global cryptocurrency hub will pay off.

Plus, we hear from City of Glasgow College about one of its most successful innovation projects, take a look at the growing commercial potential of floating offshore wind and its role in the energy transition, and much more.

Susanne Hauner, Publisher

SURVEY: help us understand your innovation needs

The Institution of Engineering and Technology and the IKE Institute invite you to be part of designing the future of engineering and technology

Can geofencing protect us?

How geofencing can help protect people, organisations and critical infrastructure

Fostering innovation: a success story

We hear from City of Glasgow College about one of its most successful innovation projects

Floating offshore wind prepares to go commercial

Costs for the promising renewable technology are coming down, but hurdles remain

Science-based climate targets and the global economy

We catch up with Science-Based Targets initiative CEO Dr Luiz Fernando do Amaral

Ethical AI: a boardroom issue

The ethical use of AI is an issue no tech company can avoid, but implementation has been lacking so far

Innovation and challenges in AI

Encord CTO Eric Landau tells us wwhat people get wrong about AI and how to separate hype from genuine innovation

Is Brexit holding back UK tech?

The UK tech sector has reached $1tn in value, but how much has Brexit delayed this milestone?

Technology investors keep the faith

Venture capital firms remain bullish as the market for tech startups slumps

Will Dubai's crypto gamble pay off?

Dubai is trying to position itself as a cryptocurrency hub as global regulators remain cautious

Explainer: crypto & co

What's the difference between cryptocurrencies, stablecoins and CBDCs?

ABOUT BRITE INNOVATION REVIEW

Brite is a quarterly digital journal published by NRi Digital on behalf of the Institute of Innovation and Knowledge Exchange. This magazine highlights the innovations, ideas and people who are transforming industry, education and government policy and provides a digital platform to promote science, technology and business innovation, exchanging ideas and knowledge, and encouraging the advancement of innovative practice across different sectors.

Brite brings together leading thinkers from business, education, research and industry to celebrate and promote the original thought and creative processes that drive economic and societal development. Each issue is distributed to NRi Digital’s audience of more than 100,000 industry decision makers and influencers, and is also distributed to IKE’s members across government, industry and education.