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Goldman Sachs Exchanges

Tech in Europe: Innovating Amidst Constraints

Goldman Sachs Exchanges

Goldman Sachs

Business

4.41K Ratings

🗓️ 19 February 2019

⏱️ 31 minutes

🧾️ Download transcript

Summary

This episode is all about Europe's technology sector, from the pace of tech disruption and the growth of AI, to how companies are innovating in the face of political and regulatory constraints and more. Jo Hannaford of Goldman Sachs' Technology Division, points to Europe's geography as a key driver for development and innovation in technology in the region. "You feel like [in] Europe that [the countries'] physical distance doesn't really stop people being able to really...come together and communicate." This podcast was recorded on February 1, 2019. This podcast should not be copied, distributed, published or reproduced, in whole or in part. The information contained in this podcast is not financial research nor a product of Goldman Sachs Global Investment Research. Neither Goldman Sachs nor any of its affiliates makes any representation or warranty, as to the accuracy or completeness of the statements or any information contained in this podcast and any liability therefore (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed. The views expressed in this podcast are not necessarily those of Goldman Sachs, and Goldman Sachs is not providing any financial, economic, legal, accounting or tax advice or recommendations in this podcast. In addition, the receipt of this podcast by any listener is not to be taken as constituting the giving of investment advice by Goldman Sachs to that listener, nor to constitute such person a client of any Goldman Sachs entity. Copyright 2019 Goldman Sachs & Co. LLC. All rights reserved.

Transcript

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0:00.0

This is the

0:09.0

exchanges at Goldman Sachs where we discuss developments currently shaping markets, industries in the global economy.

0:14.7

I'm Jake Stewart, global head of corporate communications here at the firm.

0:18.0

Today's episode is all about technology in Europe.

0:21.2

The industry has shown enormous growth in the region, but also continues to face

0:24.8

pressure from political uncertainty and regulation. To talk through the pace of technology

0:29.5

disruption in Europe, bright spots and challenges and much,

0:33.0

much more, we're joined by Joe Haniford,

0:35.0

head of Goldman Sachs Technology Division for Mia,

0:38.0

and Global Head of Quality Assurance Engineering.

0:40.0

Joe, welcome to the program.

0:41.0

Thank you.

0:42.0

So let's start big, big picture from your seat. engineering. Joe, welcome to the program. Thank you.

0:43.0

So let's start big, big picture.

0:44.6

From your seat, what does tech disruption in Europe look like compared to what's happening in

0:48.8

Asia or the US?

0:49.8

I mean, the way to categorize technology in Europe is really, I think we should separate it between

0:55.6

the kind of political environment and the impact that that may or may not have on the

0:58.9

technology sector and then let's just talk about the technology.

1:02.1

You could make a case that London is the

1:05.2

capital of artificial intelligence in the world. And that's for a couple of reasons. In the

1:10.6

Kings Cross area, which is a very interesting story in itself.

...

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