Web Summit 2024: What Stood Out This Year?
The Web Summit is one of the world's largest and most influential technology conferences, bringing together thousands of industry leaders, startups, investors, and innovators from across the globe. Held annually in Lisbon, the event has become a key platform for discussing the latest trends in technology, entrepreneurship, and digital transformation.
In 2024, the Web Summit continued to showcase cutting-edge developments, focusing on AI, sustainability, and the future of work. The event offered valuable insights into how technology shapes industries and societies, making it an essential gathering for anyone looking to stay at the forefront of innovation.
Our CIO, Nuno Godinho, attended the event and, after three intense days of lectures and aligned with Velv’s commitment to leveraging technology for transformative solutions, these are his key highlights:
AI in Action
The opening day set the stage with a strong focus on AI’s capabilities. From playing chess against Grandmaster Hans Niemann, Ambassador for it.com Domains, to exploring the immense potential of generative AI, the event showcased how businesses are using these tools to refine processes, enhance creativity, and drive efficiency.
The Human and Machine Connection
The intersection of technology and mental health stood out as a critical topic. AI-driven solutions in mental health care were explored by Vincent Simon van Grondelle, highlighting how data can improve accessibility and provide personalized support.
Innovation Across Industries
Sports innovation highlighted Formula 1’s collaboration with IBM and Ferrari, demonstrating how AI and big data are transforming strategy and performance. Advances in technology are enabling sports teams to better utilize their data.
Following their recent partnership announcement, Jonathan Adashek, IBM’s SVP of Marketing and communications, and Lorenzo Giorgetti, Ferrari’s Chief Racing Revenue Officer, discussed plans to enhance the Scuderia Ferrari Formula 1 fan experience for the 2025 season. Along with Sara Fischer, they explained how IBM’s solutions will turn millions of data points into personalized insights and features to engage Ferrari’s global fanbase of over 12 million.
The Future of Work
The Summit wrapped up with discussions on AI’s impact on workforce dynamics and the evolving skill sets businesses need to stay competitive.
As AI becomes an ever-present tool in the workplace, experts explored what new skills will be essential for tomorrow's workforce and how companies can ensure AI integration enhances creativity and employee well-being.
Kaisu Christie, Ian Jackson, Antoni van Huissteden, and Guy Scriven shared their insights on how businesses can adapt to these changes and foster an environment where both AI and human creativity thrive. Fully AI-generated videos also demonstrated the transformative potential of automation in the entertainment industry, showcasing how AI is reshaping content creation and delivery.
Our proposal
Velv remains committed to staying ahead of these trends, ensuring our solutions reflect the latest technological advancements.
The Web Summit 2024 reinforced the importance of embracing innovation, and we’re excited to continue exploring these developments with our partners.
By staying ahead of the curve, we continue to deliver unmatched value through our nearshore expertise
Want to explore how can we transform your business? Let's talk!