Net Zero is a huge ambition, but how do we get there? This session looks at the practicable reality of steering our industrial base to this target and the lack of data available to policy makers and implementers to achieve this. The Data City will run through some of the key data challenges, the possible solutions and how data will be key to our Net Zero ambition.
Alex has been running digital and tech businesses since 1999 – including award-winning digital agency, Bloom – and thrives on turning technology innovation into businesses that transform industries.
Within The Data City, Alex is the CEO, responsible for the company and product vision. The Data City was formed to solve the market need created by the fact that the current Standard Industrial Classification (SIC) system was last updated in 2007, and the massive changes that have taken place since then mean that it doesn’t recognise the complexity of the modern economy. Such restrictive classification undermines economic policy development and decision-making at every level of government, by missing out large parts of the economy.
Along with The Data City team, Alex’s vision was to build a new way of understanding the world’s industries using machine learning and website text. With this new technology, The Data City has launched over 290 new industrial classifications for the emerging economy enabling new sectors such as FinTech, the NetZero supply chain and others to be analysed for the first time. As the UK transitions from traditional industries classified by the outdated SIC system, The Data City RTICs are a crucial data source for government policy makers to ensure the protection of our future jobs market and the growth of UK Plc.
More speakers to be announced soon.