Shopworks’ Ian Hogg discusses new software business models at London Tech Week.
June 15, 2017
Uncategorized

This week Shopworks attended the GamCrowd Tech Week, as part of London Tech Week, the first event dedicated to the global gambling technology sector. 

GamCrowd set out a vision to give a platform for the amazing tech that the gambling industry develops and at the same time helps the industry understand and navigate the tech landscape which is coming as part of the fourth industrial revolution.

Shopworks were invited to speak to debate the issues and create a path through industry challenges and showcase breakthrough technologies that are transforming the Gambling industry.

Shopworks Ian Hogg talked about the impact of new technologies on the “buy vs build” debate. Citing, the rapid pace of technology changes, cloud, AI and new business models as reasons to look again.

“With a whole range of new opportunities and challenges being brought

to a tidal wave of new technoloigies such as AI and Blockchain, operators are

likely to be rebuilding many elements of their technical infrastructure.”

Looking at it from both sides – as an operator and a supplier he discussed the implications on both sides and made some recommendations:

Suppliers:

• Have a model which justifies the ROI
• Choose tech that can deliver at pace
• Focus on being “best of breed”
• Remain at the leading edge
• Be open
• Suppliers with an old predatory business model that don’t seek to partner with customers
  are not long for this world

Operators:

• Focus on one or two key elements of your overall system that you want to own
• Be the best at delivering those products
• Focus your efforts on staying ahead for those products
• Integrate best of breed suppliers for everything else.
• Sign short term contracts with these suppliers and switch them out if they no longer fit the strategy.
• Put the risk on the supplier, make them invest in your project and prove their system before you contracts.

Latest news

How Artificial Intelligence Can Transform Your Business Operations

How Artificial Intelligence Can Transform Your Business Operations

Right now, we are in the middle of an era of disruption and with disruption thankfully comes innovation. Industries that may have taken another decade to transform now move forward with not just improvements but with new ideas and new ways of working.  Twenty...

Common Staff Scheduling Mistakes to Avoid in 2021

Common Staff Scheduling Mistakes to Avoid in 2021

If you think staff scheduling is tricky you’re not alone. Most managers find it one of the most challenging parts of their job, you have to combine expert and current employee knowledge, with time management and flexibility. It’s no easy feat but we have a few tips to...

Loading...