Episode 208: The Battle Between Innovation & Practicality

This week, Wei-Shen and Tony talk about a recent story published on WatersTechnology (link below) where tech execs from UBS, Deutsche Bank, Societe Generale, and Nomura discuss where they're directing their IT budgets (2:00). The gist is that so-called innovative moonshot projects are being put on the backburner...Tony and Shen take a contrarian view. Also, what happens if banks cut back on their metropolitan office footprints (15:30)? To wrap things up, Tony and Shen discuss what their own personal moonshoots are (20:00). https://www.waterstechnology.com/management-strategy/7666226/moonshots-shelved-banks-spend-on-home-working-tech https://www.waterstechnology.com/management-strategy/7552636/space-exploration-how-will-banks-handle-unwanted-costly-real-estate-post-covid