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If money makes the world go round, then data tells you how fast it’s spinning and when it might stop. 90% of all data was generated in the last 2 years and every 2 years the volume of data doubles. With 11 billion devices connected to the internet today, the annual global data generation in 2025 is expected to be 181 zettabytes, that’s 181 trillion gigabytes. To put it in context, we use about 3 gigabytes to stream netflix in high definition for an hour. In other words, the modern world can’t live without data. To continue to understand the world, especially as we move ever more into the digital age of AI, we must better understand the data we are creating. And this means in every part of life, including in business. Alexander Igelsböck, Co-Founder and CEO of Adverity joins us to show how data can unlock business opportunities and create a competitive advantage. Florian Jacquier, Global Head of Data Consumer Engagement at Nestlé, discusses the importance for large global companies to see, understand and action your data correctly. Dr Clare Walsh, Director of Education at the Institute of Analytics, highlights how data is used by organisations and governments and the importance of data policy and governance.
Sources: FT Resources, Forbes, Harvard Business Review, Tyger Vilan’s Spurious Correlations, Whatsthebigdata.com
This content is paid for by Adverity and is produced in partnership with the Financial Times' Commercial Department.
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The premium alcohol industry is about more than just indulgence. It’s a category that is garnering greater attention from consumers, investors and collectors.
Increased disposable incomes, celebrity culture and social media has created new avenues for brand recognition and sales. Partnerships with other luxury brands also bring cross pollination appeal and is an area top spirit brands are looking to take more advantage of. Investing in premium alcohol is also an area of growth. Brand, age and rarity set the standard for big prices. The whisky category has seen records consistently broken in the last few years as wealthy individuals battle for the best bottles. In November 2023, a single bottle of The Macallan 1926 Valerio Adami, one of only 40 bottles originally released, sold for a new record price of £2.18 million at Sotheby's in London.
But there are some headwinds in both the primary and secondary markets that brands and consumers need to weather.
In this episode of The Next Five we speak with Duncan McFadzean, Managing Director at Noble & Co, who discusses the growth and challenges of the primary market and how brands can buck the economic downturn. Jaume Ferras, Creative Director at The Macallan, shows how luxury brands are working together to increase share of pocket. Jonny Fowle, Global Head of Whisky at Sotheby’s, conveys the highs and lows of investing in the secondary market and calls for the joys of consumption as well as investing in fine bottles.
Sources: FT Resources, Forbes, Matter of Form, Mordor Intelligence, Whisky Advocate, Spirit Filled
This content is paid for by advertisers and is produced in partnership with the Financial Times’ Commercial Department
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Individual creativity and idea construction sets us apart within our own societies, it is a deeply desirable trait, and can give you power and wealth. ‘Gosh, what a great idea!’, ‘Why didn’t I think of that?’ are often thought and heard. Cue Artificial intelligence, AI can enhance and enable our creativity- giving thousands of creative solutions to our input ideas. Less a brainstorm and more a cosmic tsunami of creation, all in a matter of seconds. It does this without its own personal agenda and selfish desire to have the idea that brings with it the potential for expression, power and wealth. But is it creative? Or, like in many industry applications, is AI a tool that makes us more creative.
In this episode of The Next Five, we hear from Doug Eck, Senior Research Director at the Google DeepMind working on generative media, who discusses how we amplify our own human ideas with technology and that AI brings an inflection point where new art forms could develop with its help. Youtube content creator Dani Verdari, discusses the use of AI in her own content creation, the benefits of having this technology at her fingertips and how it can help others become artists and creators. She also discusses some of the issues around copyright of works that arise. Neil Maiden, Professor of Digital Creativity at the Bayes Business School, City University of London and Director of the Center for Creativity Enabled by AI, looks at how we embed creative thinking in professional practices and how AI can be used to solve problems more effectively.
Sources: FT Resources, Harvard Business Review, Goldman Sachs, American Museum of Natural History, Science Daily, Lesley University, Forbes, Accenture.
This content is paid for by Google and is produced in partnership with the Financial Times’ Commercial Department
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"Prevention is better than cure” is a fundamental principle of modern healthcare. In this episode of the Next Five, in paid partnership with GSK, we look at health care prevention in ageing societies, with a particular focus on vaccine uptake. Ever since 1796, when Dr. Edward Jenner inoculated an 8-year-old boy against smallpox with a vaccine containing the milder strain cowpox, vaccination has become a part of the preventative medicine armoury. Vaccines have lowered the impact of many diseases, and benefits go beyond the health of the individual by reducing the cost and burden placed on healthcare systems and society. The COVID-19 pandemic placed a fresh spotlight on vaccines, highlighting the need but also, in some instances, the ambivalence towards them. By 2030, the number of people aged 60 and over will have increased by more than a third to 1.4 billion people. Even with the lessons learnt from the pandemic, low adult immunisation uptake remains a global problem that needs urgent solutions.
In this episode I speak with Kate Hashey, Director of Communications and Government Affairs at GSK, who leads their adult immunisation work and discusses the role vaccinations play in the healthy ageing of our societies and how we must bolster action in the future to embed adult immunisation as the standard of care . Murray Aitken, Executive Director of the IQVIA Institute for Human Data Science, highlights hyperlocal data showing trends in adult immunisation globally. David Sinclair, Chief Executive Officer at the International Longevity Centre in the UK, offers insight into how we can live longer, healthier lives and where the UK sits compared to other countries on preventative healthcare spending and solutions.
Sources: FT Resources, European Commission, Bill & Melinda Gates Foundation, British Medical Association, OECD, Children’s Hospital of Philadelphia.
This content is produced in partnership with the Financial Times’ Commercial Department
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After slumping during the pandemic, business travel is picking up pace: it’s expected to hit pre-pandemic levels this year with spending on it slated to reach $1.4tn in 2024. But post-Covid, the landscape of corporate travel is changing, reflecting the evolving global economy, a diverse workforce and the growing importance attached to sustainability.
The cost of travel is rising and businesses seeking to balance budgets need to find flexible tools for managing business travel and the variables and unexpected events, such as flight delays, that come with it. New innovations are becoming even more influential in the decision-making processes, such as what form of meeting or collaboration justifies the need to travel in the post-pandemic era.
The whole sector is ripe for innovation and new technologies such as AI present a timely opportunity for companies to rethink their approach to business travel. Tim Lebel, Vice President and Head of Product for SAP Concur Spend Solutions joins me to discuss how AI is helping to streamline outdated travel processes and how important trust is when building AI platforms. Shelley Fletcher- Bryant, Vice President of travel consultancy firm, Advito, advocates for more sustainable travel practices in the travel sector and how AI can play it’s part in giving organisations more transparency when booking business travel. Theodora Lau, Author, Public Speaker, and founder of Unconventional Ventures offers her insight into trust of key travel data in the new AI world and the sustainability of AI systems themselves.
Sources: FT Resources, PWC, Fortune, BBC, Forbes, McKinsey & Co, Business Travel News Europe, Global Business Travel Association, BCD Travel, Accenture.
This content is paid for by advertisers and is produced in partnership with the Financial Times’ Commercial Department
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Cybersecurity has never been more important; Everything is now connected to a network, and rapid technological advancements are being met with new and novel cyber threats, however cutting-edge advancements in AI within cybersecurity are rising to meet them, empowering individuals, businesses, and governments to build a safer, more secure online future. In this podcast, we examine the importance of collaboration between public and private players to safeguard society, critical infrastructure and valuable assets against increasingly sophisticated cyber threats.
In the fourth episode of this five-part miniseries, we look at AI's role within cybersecurity. By making cybersecurity accessible to more people, can AI increase the protections for European organisations and businesses of all sizes or will the ability to process large amounts of data enable attacks on businesses?
In this episode we speak with Philippe Humeau, CEO of CrowdSec, a French threat intelligence company that offers participative behavioural protection from malicious IP addresses. Isabel Praça, Professor at the Instituto Superior de Engenharia do Porto and AI Expert at European Union Agency for Cybersecurity. Vicente Diaz, Author of VirusTotal’s research on AI-driven threat mitigation and detection and security engineer at Google.
Our sources: IBM, Cobalt, Digital Skills Job Europe, Morgan Stanley
This content is paid for by Google and is produced in partnership with the Financial Times' Commercial Department.
Hosted on Acast. See acast.com/privacy for more information.
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The EU must prioritise digital skills development, bridge the existing skills gap, and foster an innovation-driven environment. By embracing AI and equipping its citizens with the necessary skills, the EU can navigate current challenges and secure its position as a global leader in the digital era. In the third episode of this five-part miniseries, we look at AI's role in workplace and productivity.
In this episode we speak with Andrea Renda, Head of Global Governance, Regulation, Innovation and the Digital Economy at The Centre for European Policy Studies (CEPS), a think tank based in Brussels that undertakes research “leading to solutions to the challenges facing Europe today". Anna Anderson, CEO and Co-Founder of RigaTech Girls, an NGO which is the only organisation in Latvia specifically dedicated to the cause of advancing women in technology. Inger Paus, Public Affairs Director at Google Europe further discusses the impact of AI on the economy and productivity within the workforce over the next five years.
Our Sources for the show: ERT, European Commission, Public First, CEPR, IBM, EY.
This content is paid for by Google and is produced in partnership with the Financial Times' Commercial Department.
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We are in the sixth mass extinction phase and it’s primarily driven by human activity. Globally, 1.2 million species are at risk of extinction and around 70% of the planet's ice-free land has already been altered, primarily for agricultural use. In the second episode of this five-part miniseries, we look at AI's role in sustainability and how it can help us better understand the natural world.
In Europe, unsustainable farming and forestry, urban sprawl and pollution are predominantly to blame for a drastic decline in biodiversity. This latest era of extinction in the natural world also comes at a time when we are making giant leaps in an artificial realm and while AI is no silver bullet it could help us better understand how to sustainably reinvent our agriculture, farming and food systems. Protecting species is also of the utmost importance. Insects, for example, are an important piece in the biodiversity puzzle and are under threat. But AI can help us understand our insect friends and the environment they serve. In this episode we speak with Faustine Bas-Defossez, Director for Nature, Health and Environment at the European Environmental Bureau, which is the largest federation of environmental NGOs in Europe, where she discusses how AI can help understand the problems that exist within the agricultural industry and the importance of transforming our food systems to a more sustainable, circular model. Katharina Schmidt, CEO of APIC.AI, an AI startup from Germany that monitors bee populations, tells us how AI models are helping to analyse individual bee behaviours in a hive of 50,000, and what this tells us about the health of our environment. Adam Elman, Head of Sustainability, EMEA, at Google further extols the value that AI can bring to mapping key environmental change and the value of data sharing on a global scale.
Our Sources for the show: FT Resources, WWF, LSE, European Parliament, Royal Society, United Nations.
This content is paid for by Google and is produced in partnership with the Financial Times' Commercial Department.
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The advent and speed of advancement in AI has far reaching consequences for multiple industries. This five-part miniseries will spotlight various industry sectors where AI has a significant and growing impact, with this particular episode centering on AI's role in healthcare.
AI in healthcare offers life changing benefits as well as raising far reaching concerns. In the medical arena, various AI programmes like Large Language Models and Foundation Models are being used in many specialities, both in research and clinically. AI’s ability to rapidly process vast amounts of data and identify subtle patterns affords unrivalled potential within medicine. It can also help save money by streamlining processes. But there are risks. As the technology advances so do concerns over inaccurate diagnoses that could exacerbate health inequalities that already exist in the system. Another area of particular focus is the transparency and trust of the AI models being built. This is where the importance of regulation comes in. We speak with Dr Alan Karthikesalingam, Senior Staff Clinician Scientist and Research Lead at Google who offers his insight into the research and clinical applications of AI in healthcare. Greg Sorensen, Lead at Aidence, shows how AI is being used in the clinical screening of lung cancer, a key prevention tool that is already saving lives. Inma Martinez, chair of the multi expert group at the global partnership on AI addresses the importance of regulation and governance of AI in healthcare and beyond.
Our Sources for the show: FT Resources, CEPR, European Parliament research, CSET, BMJ, KCL.
This content is paid for by Google and is produced in partnership with the Financial Times’ Commercial Department.
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Oceans cover 71% of the planet’s surface and are a life support system making up 97% of the world’s water and 95% of all space made available for life. Oceans are a key climate regulator, sequestering a third of all carbon emitted by human activity a year, controlling the weather and mediating temperature. With this alone, their importance to our existence is paramount.
But oceans also support an entire economy, a ‘blue economy’. Alas, rising sea levels and temperatures due to climate change, overfishing, man made pollution and other mismanagement is affecting the blue economy and those that rely on it.
Furthermore, oceans can provide us with a revolution in power generation. They offer a natural and low carbon alternative to fossil fuels and are the world’s largest untapped source of renewable energy. In this episode of the Next Five we explore the oceans as a blue economy, a climate regulator, and a power generator all while reflecting on the importance of ocean preservation. Céline Cousteau, a documentary filmmaker, public speaker, author and socio-environmental advocate highlights the importance of the oceans to all life on earth and how we need more marine protected areas and laws to preserve our seas as well as sharing examples of successful marine preservation projects.Karine Measson, Head of Water Management at the European Investment Bank, who is responsible for ocean activities at the EIB talks about the importance of a sustainable blue economy,and how to overcome the challenges including access to fundable projects and international cooperation. Miguel Stilwell d'Andrade, CEO, EDP and EDP Renewables discusses the growth in demand for ocean based renewable energy and that both the capital and technology is there to help meet climate goals if short term challenges can be overcome. Our Sources for the show: FT Resources, United Nations, WWF, World Meteorological Organisation, OECD, European Commission. This content is paid for by advertisers and is produced in partnership with the Financial Times’ Commercial Department
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Ever since the emergence of sundials and water clocks in Egypt around 1500 BC, humans have been fascinated by timepieces. Over the centuries, portable clocks, pocket watches and wristwatches gave people the chance to carry time around with them. Many of these became status symbols – the luxury of portable time afforded to only the few. And now, with the advent of wearable tech over the past decade, what is on our wrist has come to tell us much more than simply the time. Whether it's Swiss watches or wearable tech, the status of watches is evolving. In our productivity-obsessed world, our lives are driven by accurate timekeeping – and now we have multiple devices, reminders and calendars to keep us on track. So how is our relationship with time evolving now that it is commoditised, and what role will watches play in a digitally dominated future? In this episode of The Next Five podcast we explore the future of watches, timekeeping in a digital world, and the psychology behind our fascination with time. François-Henry Bennahmias, CEO of Audemars Piguet, talks about the current watch market, the strength of luxury Swiss watchmaking vs wearable tech, and how mechanical timepieces maintain their status in a digital world. Andreas Zimmer, Head of Product for Huawei Europe, offers insights into the wearable watch world and the role that the tech-led wristwatch play in modern life. Dr Ruth Ogden, Associate Professor of Experimental Psychology at Liverpool John Moores University, discusses how we, as humans, have developed a relationship with time, and how the products we use affect what we do with it.
Our Sources for the show: FT Resources, Forbes, EY, Bloomberg, Insider Intelligence, Morgan Stanley, pyments.com, appleinsder.com. This content is paid for by advertisers and is produced in partnership with the Financial Times’ Commercial Department.
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EVs are already displacing 1.5million barrels of oil usage per day or 3% of total road fuel demand, however emissions from vehicles are still responsible for between 12-16% of global emissions. But now imagine a world where there are no ICE (Internal Combustion Engine) cars on the road. That’s the future that is needed if we are to hit net zero targets. To realise this by mid century annual EV sales must hit 138 million units by 2040.
In this episode of The Next Five podcast we take a deep-dive into the current landscape, tackle the future for EVs from industry leaders in the legacy and pure EV space, and highlight the opportunities and challenges along the way. Adrian Chai, Managing Director, Institutional Banking Group at DBS Bank discusses the gaps in finance in the EV value chain and where capital needs to flow to support the industry growth, as well as the future of the fast evolving battery market. Pras Ganesh, Executive Vice President & Corporate Information Security Officer at Toyota talks about the challenges and opportunities that legacy automakers have in the space, how capital investment is front loaded in new technologies and calls for a just transition. Mike Whittington, Head of Global Sales and Network at Polestar offers insight from a pure EV business model, extolling the need for supportive policy and greater investment into infrastructure globally to meet climate targets. Our Sources for the show: FT Resources, IEA, Mckinsey, BNEF, WEF, Reuters, Forbes. This content is paid for by advertisers and is produced in partnership with the Financial Times’ Commercial Department.
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The payments industry is undergoing big changes that have a big impact on the global economy. Growth in digital payments over cash has been spurred on by the pandemic, a strong e-commerce market, government support and investor sentiment. In this episode of The Next Five, we explore the future of online retail and payments in a digital world, how consumers are paying for products and services and how businesses are navigating the payments space to build resilience, retain and gain customers. Marc Pettican, Head of Barclaycard Payments joins us to talk about combating fraud, dealing with cart abandonment and a future where biometric linked payments take centre stage. Avritti Khandurie Mittal, VP and General Manager of Payments at eBay, shares how seamless payment practices and data can help build business resilience and that embedded payments is turning every business into a fintech. Alla Gancz, Partner and UK Payments Leader at EY, offers her expertise on key forces shaping the future of payments including the accelerated adoption of real-time payments, regulation, and the role of payments as a key enabler of business growth for merchants. Our sources for the show: FT Resources, ECB, EY, Forbes, Shopify. This content is paid for by advertisers and is produced in partnership with the Financial Times' Commercial Department.
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Allowing capital flows consistent with a net zero and resilient global economy will require a transformation of the financial system. Since 2016, investments in decarbonisation have been growing at a rate of 5% per annum. At this rate, the 2050 net zero targets will be missed by 20 years. In this episode of The Next Five, we’re talking about financing the transition to net zero, how capital can be moved towards clean energy, and how industry and government need to collaborate for the world to hit climate goals. Tim Gould, Chief Energy Economist at the International Energy Agency explains where capital is flowing into the global energy market and how much needs to be going into clean energy transition investments to hit climate goals. Eirik Waerness, Senior Vice President, Chief Economist and Head of Global External Analysis at Equinor talks about the need for collaboration between industries and governments and offers a global solution to the carbon pricing debate. Nick Stansbury, Head of Climate Solutions at LGIM, also extols the importance of putting an effective price on carbon as well as calling for a smarter way of managing transition investing. Our sources for the show: FT Resources, Swiss Re, OBR, OECD, UK Government resources, European Council, US Treasury Department. This content is paid for by advertisers and is produced in partnership with the Financial Times' Commercial Department.
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Advancements in technology to date and the pace of change in the future is far beyond the evolutionary speed of human development. We are building smart cities, smart homes, smart offices but now we, the people, need to be smarter in using technology. How tech is built and how we use it as humans has never been more important. In this episode of The Next Five, we look at the relationship between technology and us, how our automated future and the interactions we have with tools, including AI, will shape humanity. Steve Wood, SVP of Product and Platform at Slack, joins us to show how we can empower people with tech. Nathalie Nahai, international speaker and best-selling author, discusses the need to foster better human connections and relationships with others during this fast paced technological future. Gerd Leonhard, futurist, humanist and CEO of the Futures Agency, extols the virtues of machines that remain competent and don't become conscious. Our sources for the show: FT Resources, CIPD, OECD, Oxford University, Goldman Sachs, Alvin Toffler, HNet, The Dictator. This content is paid for by advertisers and is produced in partnership with the Financial Times' Commercial Department.
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With the transcendence of digital money and technology, trade and trade finance is experiencing a major overhaul. A $5.2 trillion global trade finance ecosystem exists today, worth 6% of global GDP, so the sector's performance affects the health of the future world economy. In the latest episode of The Next Five, we look at how emerging technological developments across the financial system, such as tokenisation and the emergence of digital currencies are changing how the world trades. Karin Flinspach, Managing Director and Regional Head, Transaction Banking Europe & Americas at Standard Chartered Bank, joins us to offer insight into trade finance and the outlook for large organisations in a digital trade landscape. Tim Davis, Global & US Risk & Financial Advisory Blockchain & Digital Assets Leader at Deloitte & Touche LLP, digs deeper into the emergence of Central Bank Digital Currencies (CBDCs) and what they could mean for trade. Jason Thompson, CEO of Partior, a blockchain powered value exchange, gives his expertise on the role of blockchain and what it means for the whole value chain of trade exchange and transactions. Our sources for the show: FT Resources, Mckinsey, OECD, UNCTAD, IMF, Finance Feeds, Trade Finance Global. This content is paid for by advertisers and is produced in partnership with the Financial Times' Commercial Department.
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The way we work has changed since the pandemic. The modern workforce now, more than ever before, enjoys flexibility in where and when they work. But businesses, leaders and employees are still experimenting with how best to work. In this epsiosde of The Next Five we explore the shifting sands of desk based work, looking at the effect of technology on traditional structures, employee productivity, communication and wellbeing, and ask how the technology led digital HQ might help solve some of the current challenges. Sheela Subramanian, Founder of Future Forum and VP at Slack, shows us how business leaders and companies can build a flexible, productive digital workforce that puts employees at the centre of the strategy. Dennis P. Stolle, JD, PhD and Senior Director of Applied Psychology, for the American Psychological Association offers insight into employee wellbeing and how a digital first approach to working can benefit a workforce and the role that technology plays. Vladimir Lukic, Managing Director & Senior Partner; Global Leader, Tech and Digital Advantage, Boston Consulting Group also extols the benefits of technology in helping business growth and discusses how business leaders can scale in a new digitally led world. Our Sources for the show: FT Resources, Mckinsey, Randstad Work Monitor, KCL, G&A Partners. This content is paid for by advertisers and is produced in partnership with the Financial Times' Commercial Department.
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Global supply chains are near breaking point. The pandemic showed their weaknesses and geopolitical tensions, like Ukraine, have exacerbated the issue. And yet the biggest issue facing our world is climate change - and supply chains have a big part to play in the solution. But with complex global supply chains comes challenges - mainly maintaining net zero agendas across multiple partners. Arco Berkenbosch, VP Innovation and Development at Smurfit Kappa tells us how collaboration and experimentation are key to success and that sustainable packaging can make a big difference to our climate goals. Abe Eshkenazi, Chief Executive Officer, Association for Supply Chain Management also extols the virtues of technology to offer visibility across partners and calls for consumer demands to change to help make supply more sustainable. And finally, Stanton Thomas, Senior Vice President of Sustainability Solutions at o9 solutions, joins to show how AI and machine learning can help organisations track and test their supply chain sustainability like never before.
Our Sources for the show: FT Resources, Mckinsey, Gartner, Morgan Stanley, Meteorspace, CNBC, Harvard Business Review, Climate Partner.
This content is paid for by advertisers and is produced in partnership with the Financial Times' Commercial Department.
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The sportswear sector is expected to be worth half a trillion dollars in 2026, up from $366 million in 2021, showing that our appetite for its products is growing. Whether you gym, run, climb, hike, cycle, box, kick, power walk, power lift or simply relax in comfy sportswear, you might not be aware of what makes up your specialist attire, and where it goes after you've thrown it away. In this episode we explore the impact the clothing industry, and the sportswear sector specifically, is having on our planet and how we can make it more sustainable. Niels Altrogge, Head of Technology Innovation at sportswear brand, ON, inspires us with bold innovations, like shoes made from CO2, that can make products fit for a greener future. Jules Lennon, Fashion Programme Manager at the Ellen MacArthur Foundation, joins us to offer her expertise on how we can stamp out our take, make, waste culture and switch to a circular economy before it's too late.
Our sources for the show: FT Resources, McKinsey, United Nations, Greenpeace, US Government strategic oil reserve, Forbes, Carlin Creative, Fibre2Fashion, FDRA, makefashionbetter, Ellen MacArthur Foundation, Climate Council, Bloomberg.
This content is paid for by advertisers and is produced in partnership with the Financial Times' Commercial Department.
Hosted on Acast. See acast.com/privacy for more information.
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Warren Buffett famously heralded cybercrime as a bigger threat to humanity than nuclear weapons. Whether you agree or not, cybercrime is becoming the number one concern for companies worldwide. In a time of rapid digitalisation, spurred on by the global pandemic, we discuss how vulnerable organisations are to cyber attacks and how they can shore up their defences in the face of sluggish government legislation and ever-advancing cyber adversaries. Mitch Scherr, CEO of Assured Cyber Protection, shares his industry-insider perspective on the most common threats and impacts faced by business at large and gives context to what the next five years in a cyber future looks like. Alongside Mitch, Brian Holliday MD of Siemens Digital Industries UK & Ireland, shines light on the potential competitive advantage to be had in the cyber security environment and Stephen Phipson, CEO of Make UK, gives a call to arms for awareness amongst the manufacturing sector as both technology and human factors play their part amid rapid digitalisation.
Our sources for the show: Statista, Forbes, UK Government, IBM, Accenture, The Guardian, WEF
This content is paid for by advertisers and is produced in partnership with the Financial Times' Commercial Department.
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