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It’s not hard to find evidence of our 2022 Research Theme – Building Resilience – playing out in the UK technology market at the moment. It’s why we had little trouble lining up some fascinating speakers on the topic as part of the panel debate at our up-coming TechMarketView Evening. One of those speakers is David Moran, leader of Arup’s UK digital transformation advisory team. One of his ‘hats’ sees him leading the growing domain of digital rail. He is passionate about how digital transformation can deliver improvements in asset management and safety – and, therefore, resilience - in the industry.
So, I was intrigued when another friend of TechMarketView, David Harris, previously CEO of Purple Secure Systems, before it ended up in the hands of CACI, let me know that he’d been Chairman of a start-up called One Big Circle for the last couple of years. The company’s innovation is focused on that same space. Founded in late 2017, by Barnaby Kent, Emily Kent, Ian Packer and Sam Low, the company’s mission is to “create intelligent video solutions in challenging industrial environments to improve safety and efficiency”.
The company has made some impressive progress. At the beginning of its last financial year (to 31st March 2022), One Big Circle had just developed and launched its AIVR (Automated Intelligent Video Review) product – a rapidly deployable end-to-end system providing instantly accessible video for visual review and Machine Learning (think Google Street View for rail). It had 11 FTEs, was set up in a small incubator (Bristol’s Engine Shed), and most of its income had come from innovation funding with Network Rail.
Just a year later, the number of employees has grown to 24, the company has relocated to a far larger facility in Bristol, and turnover has nigh on tripled to £2.7m.
TechMarketView subscribers can read more about the company’s solution, its journey so far, and its ambitions for the next five years in our latest UKHotViewsExtra article: One Big Circle – Making waves in the rail industry. If you are not yet a subscriber or are unsure if your organisation has a corporate subscription, please contact Deb Seth to find out more.
Posted by Georgina O'Toole at '10:00' - Tagged: iot video data rail digitaltwins
