First Scottish firm joins World Economic Forum innovators community

A Falkirk-based tech start-up has become the first company in Scotland to join the World Economic Forum’s global innovators community.

The community is designed to bring together start-ups working in technological and business modelling with leaders in the public and private sectors.

Set up in the wake of the COVID pandemic, it aims to support the pursuit of new solutions to overcome the current crisis and build future economic resilience.

Obashi, a firm specialising in data flow, has created a governance model which allows for the flexible movement of information within and between originations to improve processes and technology.

Sheila Warren, head of blockchain, digital assets and data policy at the World Economic Forum, said: “We are delighted to have Obashi join our global innovators community. We are excited to work with Obashi within the data policy platform given their focus on data flows as a key to accessing the opportunities of the new global data economy.”

Obashi recently partnered with the Scottish Qualifications Authority to deliver units on data flow within Highers for Computing, Cyber Security and Business.

The firm is also working with partners at Glasgow and Strathclyde universities on FinTech, software engineering and modelling projects.

CEO Fergus Cloughley said: “Data flow underpins every industry on the planet, and it’s exciting and heartening to now see it being recognised as a vital global utility and a key component part of the fourth industrial revolution.

“We’re delighted to be the first Scottish company to begin collaborating with the World Economic Forum and other technology leaders as part of the global innovator’s community.”