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MarketOrders shortlisted for the West London Business Awards 2020 in the category Start-up of the Year

We are delighted to announce that MarketOrders has been shortlisted for the West London Business Awards 2020 in the category Start-up of the Year.

The judging panel of the West London Business Awards 2020 met on Tuesday 19 November and announced its shortlist. The Awards, now in their seventh year, recognise the outstanding achievements of organisations and individuals across five themes: SME sector leadership, sustainable & responsible business, economic growth, corporate leadership, and individual leadership. The winners in each category, as well as the overall West London Company of the Year 202o, will be announced at a glittering awards ceremony and dinner on Friday 7 February 2020 at Twickenham Stadium.

Shortlisted companies range from globally renowned brands Cisco, Ibis and Kerry Foods to exporters such as Techniche and Russell Finex, as well as fast-growing innovators VeeLoop and THIS – plant-based food for meat lovers.

Andrew Dakers, CEO of West London Business said:

“We have seen a surge in entries this year which shows the sustained energy and dynamism in the West London economic powerhouse. Our judges were particularly pleased to see the continued embedding of environmental and social sustainability into the practices of so many of the entries – critically important in an era where we must rise to the challenges of climate change and poverty in our backyard as pressure on food banks grows. Awards night promises to be an exciting occasion with plenty of surprises to be had as always.”

Competing for the Start-up of the Year Award along MarketOrders are:

  • Avasam
  • NuOceans
  • VeeLoop

Ram Krishnna Rao, MarketOrders CEO, reacted to the news: “It’s a fantastic privilege to be named as the West London Business Awards 2020 in the category Start-up of the Year. I’m very proud of my team who work tirelessly and passionately to bring digital innovations to the forefront of our industry and this nomination is evidence of that.”

Sukhi Jutla, MarketOrders COO, added: “It’s a huge honour to be recognised as West London Business Awards 2020 in the category Start-up of the Year. I would like to take this opportunity to thank WLB for championing West London Business start-ups and also extend gratitude to my amazing team who help create MarketOrders into the incredible company it has flourished into.”

The gala dinner at Twickenham Stadium is open to all – you don’t have to be on the shortlist to enjoy an amazing night of networking with West London’s most successful companies!

Find the full list of shortlisted companies here.

 

 

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MarketOrders News

MarketOrders Co-Founder invited to meet with Her Royal Highness Princess Beatrice at St James Palace

Our Co-Founder & COO, Sukhi Jutla, was recently invited to meet with Her Royal Highness Princess Beatrice at the royal residence St James Palace, where the Princess hosted the Good Growth Summit.

Designed to celebrate female entrepreneurs, the Good Growth Summit connects and inspires female leaders from across the US and UK technology ecosystem.

This exclusive invite-only event is designed to build connections and collaborations and to help female founders access the tools they need to start and scale their companies.

This year, the Summit was hosted by Her Royal Highness as she is a passionate advocate for helping to promote more women into technology and herself works for an artificial intelligence company in London.

The Princess expressed how she was personally inspired and encouraged by seeing so many female entrepreneurs driving the UK commerce forward. From her own business experiences, she expressed she didn’t underestimate the courage and conviction it takes to succeed and offered her support as we collectively work to create a more gender-balanced environment for innovation.

The event kicked up with a wonderful lunch reception followed by an afternoon of inspirational leaders sharing their top tips and personal journeys into the forays of tech.

Some of the guests had flown in from Silicon Valley and they shared their experiences in the hope of forging new relationships with our incredible UK talent pool.

The stories that we heard were all geared to inspire and fuel personal and business growth and it was wonderful to hear such inspiring stories.

Amongst the speakers were:

  • Joanna Hoffman – who joined Apple as the 5th employee and worked with Steve Jobs
  • Jennifer Rademaker – Executive Vice President – Mastercard
  • Linda Avey – Co-Founder of genetics testing company 23 and Me

The event concluded with a sparkling champagne reception. We will share official photographs once they are released from the Palace!

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MarketOrders News

MarketOrders COO becomes a mentor of the Women in Fintech Global Initiative

Our Co-Founder and COO, Sukhi Jutla, has recently joined the Women in Fintech Global Initiative as a mentor.

Run by the Department for International Trade, the Women in FinTech Global Initiative:

  • Brings together like-minded women working in the FinTech space, uniting those who want to bring their enterprises to the UK with those who already have.
  • Connects female entrepreneurs with a supportive investment community that understands the challenges that women face.
  • Provides valuable scaling guidance by working with accelerator programmes and business incubators to offer women support through their programmes.

 

Along with Sukhi, other women have become mentors:

Get more information here.

 

 

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MarketOrders News

MarketOrders Co-Founder nominated for the Entrepreneur of the Year award by Women in IT Awards Series

Our Co-Founder & COO, Sukhi Jutla, has just been nominated for the Entrepreneur of the Year award by Women in IT Awards series.

The Women in IT Awards series aims to tackle this issue and redress the gender imbalance, by showcasing the achievements of women in the sector and identifying new role models.

Sukhi reacted to the news: “It is wonderful to be shortlisted in such prestigious awards that showcase the best talents and endeavours women are making in the IT and technology field. Congratulations to all those shortlisted and it is my sincere hope that these awards continue to inspire even more women into this field.”

Organised by business technology site Information Age, the awards were launched as a platform to celebrate women in technology. Since its launch, in 2015, the Women in IT Awards have showcased women in technology in London, New York, Ireland and Silicon Valley. This year the awards series will expand to celebrate women in technology in Singapore, Berlin and Toronto for the first time.

This growing awards series acts as a flagship and high-profile platform to support the industry in its mission to move the dial on gender.

Nominated along Sukhi in the Entrepreneur of the Year category:

You can find the full list of nominees here.

 

 

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Press Coverage

MarketOrders COO Recognised as Top 100 Most Influential BAME Leaders in Tech

Sukhi Jutla, Co-Founder and COO of MarketOrders has today been announced as part of the #IB100 – a list of the top 100 most influential black, Asian and minority ethnic (BAME) leaders in the Tech Sector. Now in its second year, the list has been produced by board appointments firm Inclusive Boards in partnership with the Financial Times.

The list will be published online, and in print in the UK and Europe as part of an FT special report into Diversity in Tech. In 2018, Inclusive Boards research found that 74.5% of Boards in the tech sector had no BAME members and that BAME people made up just 8.5% of senior leaders (Directors and Executives) in the sector.

As part of their Inclusive Tech Alliance (ITA) campaign, Inclusive Boards is calling on tech companies to implement inclusive working practices to fix the progression challenges currently facing BAME individuals from moving to senior leadership positions. This year’s #IB100 list showcases role models to encourage and inspire tech’s future BAME senior leaders.

Elizabeth Oni-Iyiola, Development Director at Inclusive Boards, said: ‘Technology is one of the fastest-growing sectors in the UK and beyond. It’s crucial that as these sectors expand so too does the level of representation within them. Sukhi Jutla and those featured today are groundbreakers, changemakers and role models within the industry and we are proud to include them in this year #IB100.’

Sukhi reacted to the news: “It is an honour to be recognised as a Top 100 BAME leader in the UK. Awards like this one I hope will continue to shine a spotlight on the amazing work the BAME community adds to the UK economy and helps to inspire the next generation of future leaders. I am grateful to everyone who has been a part of my journey supporting my dreams and that includes my incredible team at MarketOrders.net”.

Those featured in the list include the most influential leaders from tech companies such as DeepMind, Google, IBM, Larsen & Toubro Infotech, Microsoft, Monzo, Rolls-Royce, Twitter and Seedcamp.

 

Notes:

Inclusive Boards is the UK’s leading executive search agency, specialising in attracting high calibre diverse talent through their network of over 60,000 senior professionals. The services include Executive Search, Advisory and Training, Leadership Programmes and Conferences. Inclusive Boards operate across sectors including sport, social investment, third and private sectors. Inclusive Boards’ cutting-edge research has been featured in the Independent, Guardian, Daily Mail and others.  

The Inclusive Tech Alliance (ITA) is an initiative developed by Inclusive Boards. Diversity and Inclusion (D&I) is a part of who we are and not simply an added value. The Inclusive Tech Alliance is a laser-focused initiative to bring more diversity to the UK tech sector with over 30 members.

 www.inclusiveboards.co.uk  & https://www.inclusivetechalliance.co.uk/ 

 

 

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MarketOrders News

MarketOrders Co-Founder speaks at the Fintech Week in Hamburg

The Fintech Week is a 6-day FinTech focused event held in Hamburg (4-9 November). It is a celebration of all things FinTech and helps to showcase and promote FinTech ventures in Germany.

This year, the Fintech Week collaborated with the UK to strengthen Germany and London ties in the FinTech space.

As a result, the Depart of International Trade in the UK Government hand-picked MarketOrders.net to attend and present at FinForward, which is a 2-day conference part of the Fintech Week. The mission was to showcase Fintech capabilities and to foster collaboration and new opportunities.

Our COO and Co-founder, Sukhi Jutla, attended the FinForward event and presented on 2 panels.

The first panel discussed how Fintechs could embrace greater diversity. This was an insightful event where it was clear to see that this topic is very much at the forefront of the FinTech community. They understand that to build the tech of tomorrow we need to include everyone. Tech is inclusive and it’s important to celebrate all diversity in this field.

The second panel was about blockchain and the rise of Security Token Offerings (STO). Sukhi shared her views on how blockchain and STOs are increasing internalisation of the financial markets and shared how MarketOrders.net plans to disrupt the supply chain with the use of this new innovative technology.

Sukhi commented: ‘’It was a fantastic conference and we thank the Department of International Trade for this great opportunity. It is clear to see how progress is made when collaborations work well and it was great to see how Fintechs are thriving not only in London but in Germany too.’’

 

 

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MarketOrders News

MarketOrders team meets the Mayor of London, Sadiq Khan

Tuesday 29th of October, the MarketOrders team was invited to the annual Mayor of London’s business reception.

The reception was held at City Hall, in the heart of London, from 6 pm onwards. The event was an opportunity to hear more about the Mayor’s work to deliver good growth for the capital and to network with other business leaders representing a cross-section of London’s economy.

Rajesh Agrawal, the Deputy Mayor of London for Business, made an introduction and encouraged the guests to network, make connections and learn from each of other.

Sadiq Khan made a speech highlighting the strength of London’s innovation and its openness to the world. He reinforced that despite political uncertainty, London is and will remain a welcoming city where people can learn, thrive, invent, conceive and succeed.

Our COO Sukhi Jutla and our Head of PR & Coms, Caroline Hoffmann, attended the event, representing MarketOrders.

Caroline said: “It was an honour to meet the Mayor of London. Though being a very busy man, he took the time to spend an evening with London’s entrepreneurs and get to know them. I really identified with his speech as I come from France and despite Brexit, I still feel welcome in this city and hope I’ll be able to live and work here for many years to come. I also think that London’s innovation is booming more than ever and that the best is yet to come.”

Sukhi gave her reaction as well: “We were honoured to be invited at the Mayor’s reception and to meet the Mayor in person. It was clear to see from his speech that he cares about the entrepreneurial and business community in London and took the time to hear about what we do at MarketOrders. He also congratulated the team on our recent fundraise!”

 

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MarketOrders News

MarketOrders Co-Founder invited to moderate National Technology News roundtable

Our COO Sukhi Jutla was invited to a private event to moderate a roundtable discussion on the topic of ‘’Success in the data-driven supply chain’’ at City Social, Tower 42 on the 10th of October.

Sukhi has extensive experience in digitising supply chains and has also written numerous articles on this topic. Her experience enabled her to lead an engaging discussion with 20 hand-selected high profile people who work as chief digital officers and supply chain experts from FTSE 250 companies.

Topics focused on the rise of artificial intelligence, the need for more entrepreneurialism within supply chain systems and the use of blockchain in shipping products on time.

The official writeup and pictures will be released in due time by National Technology News, who hosted the event.

See below for the topics that were discussed.

 

Topics:

Whilst the UK’s global trading routes face unprecedented political uncertainty in the form of Brexit and trade wars, the manufacturing sector is also tackling widespread digital disruption.

With digitised supply chain technology and an influx of new data rapidly gaining ground over outdated systems, businesses are turning to the Internet of Things (IoT), Electronic Document Management (EDM) and Robotic Process Automation (RPA) to ensure they can track this proliferation of new data sources and ensure compliance with changing customs and trading rules during and after Brexit.

However, as they attempt this, fragmentation, manual processes and legacy infrastructure have meant that many businesses are failing to harness the commercial potential locked within their data.

As a result, they are struggling to keep up with their supply chain partners and competitors in an increasingly connected world.

But global supply chains are also coming increasing regulatory pressure as well as board demands to do more with leaner infrastructure. As a result, it has never been more urgent for manufacturers to view their data in real time, and drive efficiencies from factory to shop floor in order to stay ahead.

This roundtable explored how companies are using new technologies to digitise their supply chains and overcome Brexit-related disruption by tracking orders across borders and improving overall business performance.

 

Topics for debate:

  • How can predictive analytics and alert systems help flag potential risks and forecast changes in supply and demand?
  • What role will IoT, machine learning and blockchain play in supply chain transformation?
  • How can integrated information systems help maintain compliance with changing customs and trading regimes after Brexit?
  • What are the risks involved in implementation of RPA?
  • How can data-driven supply chains help businesses prepare for Brexit-related disruption at the border?
  • What is the benefit of real time visualisation of data to track supply chain processes?
  • How can automated data flows improve communication between supply chain partners?
  • What are the challenges around integrating data management systems with existing EDM infrastructure?
  • How is merger and acquisition-related disruption holding up supply chain connectivity and digitisation?

 

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MarketOrders News

MarketOrders COO speaks at Inclusive Boards: Executive Leadership Programme

Our Co-Founder & COO, Sukhi Jutla, was invited to speak about career progression as a panelist during the Inclusive Boards: Executive Leadership Programme.

This programme was aimed at senior women leaders who came from companies including Deliveroo, Draper Espirit, HSBC, MoneySuperMarket Group and Lloyds Banking Group.

It was run as a residential programme at the Mallory Court Spa at Leamington Spa with 2 days of facilitated learning.

Inclusive Boards is the UK’s leading executive search agency specialising in diversity and inclusion at governance level. They support organisations to develop more diverse boards, senior leadership teams, and improved governance structures.

Sukhi was joined by 2 other panelists including Tamara McMillen, Executive Director of Sales at Virgin Media Business and Namrata Sarmah, Senior Director at Viacom.

Topics discussed included:

  • Climbing the career ladder
  • How to get board roles
  • Personality and leadership style
  • Balancing work/family life
  • Building and using your network
  • Continuous development and upskilling
  • Unconscious bias and overcoming challenges

 

Sukhi shared her personal story of how she navigates her career progressions, from being an employee to becoming an entrepreneur and board member. 

The event was a huge success and Ellen Partridge, Campaigns Officer for Inclusive Boards left this review for Sukhi:

‘’Sukhi was an inspiring panelist during the Inclusive Boards: Executive Leadership Programme, having a huge impact on senior women leaders in the room. She captured the attention of the room with her story and offered interesting perspectives on career progression, personal development, and work-life interface.’’

A few other reviews also include:

 

 

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MarketOrders News

The psychology of innovation – what we’ve learnt at The Economist conference

October 3, our Head of PR & Communications, Caroline Hoffmann, was invited to The Economist conference in London.

A day of learning, debating and networking, organised in the heart of London at the Royal Institute of British Architects.

One topic particularly interested Caroline: “The Psychology of Innovation”, run by Dr. Brian Marien, Founder & Director at Positive Group.

Here is her outtake (keep in mind that everything is scientifically proven):

 

Being emotional hacks your thinking

When we are emotionally affected by a subject, a situation, it changes the way we feel, think and behave.

Why? Because emotional regulation shifts when we are stressed. 

Emotions drive all the thinking and can prevent us from thinking rationally, clearly and being open to other people’s opinions.

Stress changes the circuits of the brain and drives negative emotions. It can make us doubt, feel unconfident, incapable, worthless.

 

You’re never too old to change the way you think

Good news, you can change the way your brain thinks, it is not as it is forever!

Thinking differently can be taught. If your brain is more amenable when we’re young, it remains amenable throughout your life. It means that no matter how old you are, you can teach your brain to think positively and regulate your emotions.

 

Be optimistic and you’ll live longer

Optimists live longer – it’s proven! 

I remember seeing a documentary about the power of smiling. Some scientists experimented how smiling could change our moods and, in a nutshell, they found out that smiling was obviously, a result of feeling happy, but that also smiling, as a cause, could result in making you feel happy. Indeed, if you make yourself smile more often, you’ll feel happier. It can feel weird at first, but actually smiling and laughing “easily” is like any other exercise; it takes practice!

Don’t wait to spread some good vibes and from now on, always see the glass half full and laugh at your colleagues’ jokes!

 

What does it have to do with innovation?

All kinds of innovation are stressful. Whether it is a new product, a new technology, a new management process or new hiring, stress can easily make us feel uncomfortable.

Here are a few examples:

A new product can lead us to be close-minded: “We’ve done it this way in my family for generations, why should we change now?”. Another way of seeing the situation would be: “Maybe this new product could make us more efficient, productive, profitable, and starts a new air of our family finally embracing technology.”

A new management process can make us feel upset and think negatively: “The company has been acquired by this big group. They’re going to merge our teams. I don’t want to talk to these guys who think they are better than us and impose us their ways of working.”. Another way of thinking would be: “I’m glad we’re merging the teams. We’re going to have even more incredible talents, learn new things and will smash our annual goals!”

New hiring could make you feel insecure: “Why did they hire this woman? She’s already got some of my missions and it’s only been a week. What’s next, taking my job?”. Another way of looking at the situation would be: “I’m glad they hired her! She’s doing some of my work so now I have more time to focus on innovative ways to improve my processes.”

 

MarketOrders’ opinion

The last decade has seen companies coming up with many ways to improve employees’ happiness at work. Free food, gym, parties, stunning offices, and team building activities; it all sounds lovely, but isn’t it a bit superficial? Is that really improving employees’ fulfilment?

At MarketOrders, we believe that people can only feel comfortable and thrive in a company if they feel they matter. What does that mean? It means being able to speak openly, being listened to, having their voice heard. It also means having your work and efforts recognised and praised, and your successes and achievements celebrated, no matter how small.

 

Innovation always brings downsides. We should be able to understand them, monitor them and take actions.

Understand how the brain functions and reacts to innovation will help it flourish. Leaders have to be aware of the psychology of behaviour and make sure their employees are feeling comfortable, listened, and happy.

Do you have an opinion? Anything you’d like to add? We’d love to hear it in the comments below!