Entrepreneurs and investment Archives - Page 2 of 4 - Archives of IT

Dr Martin Read CBE

Dr Martin Read CBE is credited with the transformation of Logica, from the archetypal British 20th century software house with a headcount of 3,000 largely centred in the UK, to a 21st century dynamic enterprise with a headcount in excess of 40,000 based in over 40 countries. Martin followed the familiar path from grammar-school boy in Basingstoke to Oxford DPhil in Physics via Cambridge. He then deviated from a classic scientific career path and commenced his employment in shipping container logistics, where he applied his intellect to operations and strategic planning and worked abroad.

After a spell in the marine business of International Paint, his commercial and management skills were honed working for Lord Weinstock at GEC, before he was headhunted to Logica. After 14 years in the software industry, Dr Read again switched track and has been in high demand for a diverse portfolio of chair, non-executive director and senior advisory roles in industry and Government. His advice to the next generation is to begin their careers in well-managed organisations and to gain early experience in sales and working abroad .

31 December 2021

Vin Murria OBE

Vin Murria is an outstandingly successful serial creator of ‘Tech Unicorns’, businesses that grow to be valued at over $1Bn. A key mentor gave her the chance, straight out of university, to run a company and she learned from him the trade of management, acquisition, turnaround and then start-up of her own new businesses. In conversation with Jane Bird for Archives of IT she talked about how her early life and upbringing equipped her for a career as a Tech Entrepreneur and gave us some insights into how successful companies work and how to build them. In an industry that struggles to attract its fair share of women, she tells how she achieved her success in spite of (or maybe with the benefit of) the triple challenge of being young, Asian and female, observing that diversity brings many benefits to business.

4 December 2021

Pamela Cook

The youngest of six children, Pamela Cook was born in a Birmingham slum with no electricity or indoor sanitation. But the family was re-housed when she was three and she describes her childhood as very happy.

Her lack of enjoyment at school and the need to earn money from her early teens, gave her an understanding of the working world and a will to survive. But she also inherited her parents’ strong sense of moral ethics, making her determined to try to do good in the world.

Pamela has achieved that goal as CEO of Infoshare, a data technology company which creates accurate single views, for example, of people, places, addresses and objects. When she took the helm in 2010 she re-mortgaged her house to fund a major company restructure. Since then, she has tried to re-shape the business to use its technology and position to benefit vulnerable people, from children at risk and victims of crime to those likely to be most badly affected by Covid-19.

“What I have discovered is being able to make a real impact on people’s lives,” she says, whether they are at risk, need early intervention or are trying to disguise their true identities.

Pamela is also a magistrate in Thames Valley, and sits on the Cabinet Office SME Panel, fighting for the rights and fair treatment of small businesses in the UK. She is a popular speaker on successful information sharing, protecting citizens and the implication of legislation on data sharing and analysis.

She was named the Female Entrepreneur of the Year in the 2019 Enterprise Awards, and listed on the 2020 DataIQ 100 people in data, and on the 2020 Global Top 100 Data Visionaries.

Michael van de Weg

MedTech pioneer Michael van de Weg was born in southern Africa and worked with IT majors before he teamed up with a friend in 2015 to form IMMJ in London to develop and sell an electronic document solution for healthcare.

Michael graduated from University of KwaZulu-Natal and joined IBM, where he was soon propelled into a project to recall and fix 10,000 smart card devices for a bank. He was offered an IBM career path but was inclined by his father’s experience and advice to become an entrepreneur.

Andy Phillipps

Andy Phillipps was co-founder of Active Hotels in 1999, a start-up which became the largest online booking company in Europe. Since then, he has become an angel investor, with many successful ventures and exits and has taught at Insead, the London Business School and Stanford.

Originally a material scientist with a PhD, and evidently formidably bright, Andy shares insights in a modest and charming style, addressing how to select investment opportunities, what CEO’s need from their angels and the difference between making decisions in science and business.

Sean Finnan

Sean Finnan, the son of a welder and a factory worker, joined the IT industry by answering an advert in the company where he was working as a cleaner. He got into IT at a subsidiary of General Motors whose IT operations was taken over by EDS, the Dallas-based outsourcing company. He rose after 12 years cycling through jobs in EDS which gave him a broad view of IT and its management.

EDS was taken over by Hewlett-Packard from which he left to join IBM. This experience gives him an interesting view of the different cultures of IT companies. He now supports companies trying to help them scale up.

Gary Turner

It was the “catastrophic” failure of his parents’ business in Glasgow when he was just leaving school that triggered Gary Turner’s lifelong drive and passion for helping small enterprises succeed. Forced to abandon his university aspirations, he had always wanted to work in computing, and a sympathetic recruitment consultant helped him get his first job.

Gary’s ability to empathise with customer problems helped him rise through the IT industry to senior positions at Pegasus, Microsoft and Systems Union. Then, in 2009, he took a step which he says “must have looked crazy”, becoming co-founder of Xero, a three-person accounting software start-up.

It proved an excellent move. As Xero’s UK managing director, Gary grew the business to a turnover of £110M by 2020, with more than 600,000 UK customers. He has also served as a mentor at TechStars London and is a seed investor in early-stage start-ups across the UK and Europe.

Paul Excell

Paul Excell’s first job was working in his family’s village shop; he has gone on to become an entrepreneur, investor, NED, executive coach and eminent figure in the telecommunications industry. His father taught him crucial business lessons, such as having empathy with customers, being curious about their needs and understanding how you can help them rather than focusing on selling.

State educated, Paul gained much of his drive and inspiration from “fantastic” teachers in topics ranging from maths, physics and computer science to history. People who bridge the science / arts divide will be increasingly important as technology develops, he says.

Following BT sponsorship through university, Paul became an apprentice technician and rose steadily eventually to become a pioneering Chief Customer Innovation Officer, Group Technology Officer and SVP Global Services. While at BT he fulfilled his passion for innovation, launching internet, broadband, mobile and media services and serving on several of the group’s global boards. ”If you don’t innovate, you die,” he says.

After leaving BT in 2012, Paul founded Excelerate, which provides agile executive services focused on transforming leadership and team performance. In 2016 he established ScaleUp Group, which aims to support the many smaller UK companies which he says have potential for “massive impact” and growth. So far it has raised more than £30m and generated some £4bn in enterprise value.

Richard Little

Richard Little is a serial angel investor who learned to be an entrepreneur by watching his father and trained for a life in technology by studying languages. Richard built and successfully exited his own business in the 1980’s and 90’s, applying cheaper new technology in financial services. His first big idea failed but the second one worked, and he says that is not a bad formula for building a business.

In the 21st century he has turned his hand to helping others’ companies grow by leveraging investment with his acquired expertise. Richard believes that helping small companies grow is good for the economy and society, as well as being a rewarding occupation. His current portfolio includes Cloud, AI and EdTech.

Tom Ilube CBE

Tom Ilube CBE is a serial entrepreneur, philanthropist and was named as the most influential British person of African-Caribbean origin by the Powerlist 2017. After working for big consultancy companies, he was CIO of the innovative Internet bank Egg and founded a series of companies in personal identity and cybersecurity. In 2005 Tom launched a project to found the Hammersmith Academy, focusing on tech and creative skills, and he is the founder of the African Gifted Foundation, a UK education charity focused on science and technology in Africa.