Brought to you by ProServeIT - Unlock your organization’s digital future | RBCx - Backer of Canada’s most daring innovators and idea generators. RBCx power bold.

—

Eric Sugar is the President at ProServeIT, an IT consulting company with 20+ years of experience in digital transformation and technology advisory for various organizations across North America. Eric is joined on this podcast episode by Devon Thompson, Managing Director, Banking at RBCx, an innovative company in the Canadian tech and banking ecosystem supported by the Royal Bank of Canada.

“I really love supporting financial literacy founders and really helping them grow and build their businesses in really unique ways.”

- Devon Thompson (Managing Director, Banking at RBCx)

In today’s podcast episode, we discuss:

* Banking and Tech: Intersection explored.

* Investment Trends: Tech, clean tech, life sciences.

* Economic Outlook: Rates, inflation, 2024.

* Strategic Focus: Startup resilience.

* External Partnerships: Tech support.

“We provide early stage tech-focused capital, a curated network of investors, content curated events, and deep operational expertise.”

- Devon Thompson (Managing Director, Banking at RBCx)

In this episode, we cover:

(00:00) Introduction

(00:55) Devon’s background/passion

(02:23) Combining technology and banking

(04:41) Business alignment with your bank

(06:05) Business investments and the Canadian economy

(10:28) Building the right internal/external team for your business

(12:25) What upcoming technology are you interested in?

(16:05) Changes in non-tech industries

(17:58) Book/podcast recommendations

Referenced:

• Global clean tech investments - Statistics & Facts: https://www.statista.com/topics/3001/clean-technology-investments/#topicOverview

• Inflation Outlook For 2024: https://www.forbes.com/advisor/investing/inflation-outlook-2024/

• Thriving in Economic Uncertainty: Strategies for Startups to Adapt and Grow: https://www.spectup.com/resource-hub/economic-uncertainty-strategies-for-startups-to-adapt-and-grow

• Technology Partnerships: A Guide to Selecting the Right Tech Partners: https://www.itonics-innovation.com/blog/technology-partnerships

Thanks for listening to our Read Between the Tech podcast! Subscribe for free to receive new episodes and learn more about technology conversations for your organization.

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit proserveit.substack.com

Episode 10: Tech and Banking Fusion - Insights from RBC’s Innovation Arm