We think about tech from a couple of perspectives there’s a risk side of the equation you know does it is there any kind of risk that we should be aware of and cognisant of when we’re making the investment and also a value creation side to it to what extent does the technology underpin differentiation and success of the business in its markets soI think there’s three things you should bear in mind when pitching the technology of your business and the first is what’s the link to business strategy how does it support your business’ aspirations of what you want to achieve what’s the commerciality. The second is what’s your capability to deliver and how can you demonstrate that you’ve got a strong track record of getting things done quickly on time and budget and you know can continue to be agile moving forward. And then finally, I think it’s really important to articulate how you are thinking of new technologies that might have a potential disruptive impact so Generative AI would be the classic one how do you make sure that you’re going to be a beneficiary. All businesses are on a journey when it comes to technology and we understand that there’s there’s always things that need doing it might be architectures that need evolving new technologies that need implementing the list goes on and we’ve seen that across a number of our investments and seen the opportunities that can come alongside there as well. So Auction Technology Group is is a great example. Auction Technology Group was a trade magazine for the auction industry it was called Antiques Trade Gazette so ATG still and then over the course of our investment period we help them invest in becoming a digital marketplace business. There’s a range of ways in which we support our portfolio companies and relation to technology across their time with us. It might be as simple as just linking up the CTO with the CTO from another business who’s facing a similar set of of challenges so that they can learn from each other. It might be about deploying one of our growth specialists particularly around technology to to help drive a key project forward or it might be leveraging some of the toolkits that we have whether that’s in cyber, it might be around vendor selection there’s the whole raft of ways in which we can help the key is what’s going to be right for you in your specific circumstances because we know that each company has different needs.
