Planet New
The Bottom Line
BBC
4.6 • 615 Ratings
🗓️ 15 November 2012
⏱️ 28 minutes
🧾️ Download transcript
Summary
The view from the top of business. Presented by Evan Davis, The Bottom Line cuts through confusion, statistics and spin to present a clearer view of the business world, through discussion with people running leading and emerging companies.
There are many arguments about how to solve the world's economic problems, to increase employment and achieve economic growth. But if there's one solution that most will agree on it's that we need more new products or services, which drive capitalism and make us richer. Evan's guests this week discuss the importance of innovation for the global economy and the impediments to this kind of creativity. They also swap thoughts on the 'pivot' - when to change your mind in business.
Joining Evan in the studio are Suranga Chandratillake, founder of video and audio search engine Blinkx; Simon Woodroffe, founder of YO! Company; Olaf Swantee, chief executive of mobile phone operator EE.
Producer: Ben Crighton Editor: Innes Bowen.
Transcript
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| 0:00.0 | Thank you for downloading this program. In this edition of the bottom line, Evan Davis and guests take a trip to Planet New, a special world of wonderfully innovative ideas that give rise to new products. |
| 0:12.2 | Hello and welcome to the program. Now, there are lots of arguments about how to solve the world's economic problems, how we increase employment, achieve economic growth. But if there |
| 0:21.3 | is one remedy that everybody will agree on, it's that we could do with more new, new and better |
| 0:27.2 | products. They drive capitalism, they make us richer. And my guests today are all involved |
| 0:32.9 | in new things, so we'll hear about their trials and tribulations. We'll also talk about the importance |
| 0:38.9 | of changing your mind in business. But let's start, as always, by getting my three guests to |
| 0:44.6 | outline and explain their businesses. And first up is Seranga Chandratilica, who's founder of Blinks. |
| 0:51.0 | It's an internet search engine for video and audio content. It's headquartered in San Francisco, |
| 0:56.5 | California, of course, and here in the UK. And Seranga, this came out of autonomy, the British |
| 1:03.0 | business run by Mike Lynch, didn't it? That's right. Blinks is a spin-out from autonomy. We've been |
| 1:08.7 | our own entity now for about five or six years. And exactly, |
| 1:12.2 | as you said, we're a video search engine, which means that we have technology, which spiders, |
| 1:16.6 | the whole internet, looking for video files. And when it finds a video files, the thing that we do |
| 1:21.1 | differently is that we have technology which uses things like speech recognition and visual |
| 1:25.7 | analysis to figure out what's actually going on in each video. |
| 1:28.8 | Right. So you're not just looking at the title of the video in your search. It's going inside. |
| 1:32.9 | Okay, well, we're going to talk a lot more about that in a minute. |
| 1:35.3 | Also with us, returning to the program, Simon Woodruff, who is entrepreneur, founder of the Yo company, |
| 1:41.0 | which includes YoSushi and Yotels. |
| 1:44.8 | And Simon, last time you came on, you were launching the hotel business. |
| 1:48.3 | How are Yotels going? |
| 1:50.1 | We've got three in this country in the airports and one in Amsterdam. |
... |
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