Alan Banks, TechWorks CEO: How Big a Role Will Deep Tech Play in the UK’s Future?

Alan Banks, CEO at industry association TechWorks, sat down with DIGIT to discuss use cases for deep tech, Britain’s standing on the world stage, and what the future holds.

The UK can arguably be viewed as a global leadership contender in technological innovation, proving itself in areas including artificial intelligence, fintech and electric vehicles.

One thing that can’t be argued against is that the tech sector here is growing rapidly, and a lot of the leading solutions and innovations in this space are being driven by the burgeoning UK deep tech sector.

Deep tech is having a profound impact on areas such as medical devices, clean tech, energy efficiency, autonomous systems, robotics, and smart homes/cities.

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The term itself is best described as technology that is based on tangible engineering innovation or scientific advances and discoveries. It can span across many technological areas and impact diverse applications.

Britain is fast becoming a breeding ground for deep tech companies, with the hope being that nurturing this space can fortify the UK as a leading player in global tech country in a strong position to fortify itself as a leading player in global tech.

Alan Banks, CEO at tech industry association TechWorks, spoke to DIGIT about how the the country should carry this out, and where the UK deep tech sector could be utilised to solve some of the planet’s biggest problems.