Thomson Reuters has launched its newest Data and Innovation Lab, located in Cape Town. The lab will see Thomson Reuters engage with the region’s vibrant innovation ecosystem and dynamic start-up community. The Labs have two primary objectives: innovation and partnership. Innovation will come through driving creative conversations with customers and partners through open events and rapid prototyping, while partnership involves collaboration and co-creation with startups and other partners to put new technology and business models into practice. Mona Vernon (pictured), vice president of Thomson Reuters Labs, said:
"Thomson Reuters Labs is an engine of innovation for our company, leveraging creative partnerships to deliver real solutions for our customers. Through our growing Labs network, we continue to connect Thomson Reuters best-in-class data sets and professional expertise with innovation communities around the globe."
The Lab has a presence at Bandwidth Barn, a technology-centered community in the heart of the region's startup ecosystem. Ian Merrington, chief executive officer of CiTi (The Cape Innovation and Technology Initiative) and The Bandwidth Barn, said:
"We are delighted to welcome Thomson Reuters to our FinTech cluster. Combining their deep industry expertise with our own incubation initiatives, we look forward to pursing our shared mission of innovation in business and technology throughout Africa."
The Cape Town Lab is the latest location to open as part of Thomson Reuters Labs' growing global network that also includes Boston, Waterloo (Canada), London and Zürich.
