Will Gibbs

Will Gibbs

Greater London, England, United Kingdom
3K followers

About

I spend the majority of my time working with our existing portfolio companies and looking…

Activity

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Experience

  • Octopus Ventures Graphic
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    London, England, United Kingdom

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    London, England, United Kingdom

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    London, United Kingdom

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    London, England, United Kingdom

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    Tel Aviv, Israel

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    London, United Kingdom

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    London

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    London, United Kingdom

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    London, United Kingdom

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    London, United Kingdom

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    London, England, United Kingdom

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    London & Cologne

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    Southampton, United Kingdom

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    London, United Kingdom

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    Stockholm, Sweden

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    Maldon, Essex

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    Essex

Education

Publications

  • Future of Health thoughts

    Financial Times

  • Can big data save the NHS

    The Telegraph

    Will Gibbs from Octopus Ventures agrees that there “is real momentum at the moment” when it comes to using healthtech in the NHS. But this isn’t a boom across all parts of healthtech, he says. Many of these companies are pooling in the same areas.
    “Innovation is really happening at the edge of healthcare rather than the core.
    “Most of the more innovative businesses follow a more business-to-customer approach, and we see less innovation in the core infrastructure of hospitals. Electronic…

    Will Gibbs from Octopus Ventures agrees that there “is real momentum at the moment” when it comes to using healthtech in the NHS. But this isn’t a boom across all parts of healthtech, he says. Many of these companies are pooling in the same areas.
    “Innovation is really happening at the edge of healthcare rather than the core.
    “Most of the more innovative businesses follow a more business-to-customer approach, and we see less innovation in the core infrastructure of hospitals. Electronic patient record systems really are the backbone of how all the hospitals work, but there’s a small number of massive multibillion dollar businesses that power most of our hospital systems and this essentially means that all of these hospitals are locked in to a small number of very slow-moving software providers that manage all of their systems.”
    According to the most recent data about software providers in the UK, there are around five major software providers to hospitals in the UK, each holding around 20pc market share. The most well known of these are Epic and Cerner, both founded in the Seventies.
    “Look, I don’t want to paint a bleak picture,” Will says. “This just means that even if hospitals want to innovate, trying to make fundamental changes to the core infrastructure, at how it communicates patients records across GP surgeries, whether this is possible is dictated by which systems they have in place.
    “The NHS are really trying hard to bring innovation going on in the sector in house but there’s a lot of legacy decisions and infrastructure. And this just makes it hard for them to run as hard as they might want to.”

    See publication
  • Fluidly £2m round

    Tech City News

  • 4 VC investor turnoffs

    Startups.co.uk

  • Top 16 VCs

    Techworld

  • Meet the Investor

    Startups.co.uk

  • Property Tech Trends

    Strategy Eye

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