Intelligent CIO Europe Issue 17 | Page 9

NEWS HP inducts ITEC Group into ‘HP for Education’ partner programme T echnology managed services provider, ITEC Group, has been selected to join HP’s ‘HP for Education’ partner programme to deliver a comprehensive suite of educational resources to support schools across the UK. This adds to ITEC’s accreditations as a HP Enterprise Partner, HP Gold Partner and HP Premier Print Partner, and will help to support and grow ITEC’s presence in the education market. ITEC Group has served educational establishments for 30 years and currently supports more than 500 schools and colleges. The HP for Education trade-in scheme has invested around £6 million in over 6,000 schools in just two years, giving students access to tools that deliver an enhanced educational experience. Nick Orme, CEO at ITEC Group, said: “We’re particularly grateful to HP for giving us the opportunity to work with it to deliver these services and help schools at a time of competing demands on their budgets. Our partnership with HP reaffirms our commitment to deliver cutting-edge technology solutions and cements our position as a trusted technology partner in the Managing Print Services industry.” In the modern era, it is crucial that every school has excellent digital infrastructure ITEC Group is one of just 27 resellers out of over 6,000 trading resellers in the UK to be selected for the programme. The programme includes a trade-in scheme which gives schools the opportunity to exchange old devices for HP equivalents and cashback rewards that can be transferred to an online wallet where it can be put towards the purchase of other services from the HP Marketplace. ///////////////// London on track to become global FinTech hub, new report finds Of the 29 FinTech unicorns* worldwide (*companies worth more than US$1 billion), nine are in San Francisco, while seven are housed in the UK. E-money firms (as defined by the FCA) grew by 51% between 2017 to 2018 and it is predicted that by 2020, over half of payment service providers in the UK will be digital-only. In fact, the city has firmly cemented itself within Europe with over a third (39%) of European venture capital funding going to London FinTechs. That is almost double any other city in Europe – Berlin (21%), Paris (18%), Stockholm (5%), Barcelona (4%), Amsterdam (4%), Zurich (3%), Copenhagen (2%) and Dublin (2%). T his year, London will be home to just as many FinTech ‘unicorns’ as current global leader San Francisco – according to a new report from global recruiter, Robert Walters, and market analysis experts, Vacancy Soft. www.intelligentcio.com James Murray, Director of Financial Services at Robert Walters, said: “When spotlighting the UK’s leading FinTech unicorns, the income growth they have achieved over the past 12 months is phenomenal – increasing from a combined £77.1 million to £177.6 million revenue. That’s a revenue growth of 130% in just one year.” Such is the growth of the industry, that in 2018 job creation within the FinTech space increased by 61% – making it the fastest growing sector in the London economy. INTELLIGENTCIO 9