Safetytech Accelerator, set up by Lloyd’s Register, has released a new report aimed at supporting technology investment decisions in safety-critical sectors such as maritime, energy, and mining.
The publication, Investing in Emerging Technology in High-Risk Industries: A 6-Step Guide for Innovation Leaders, offers a framework to help organisations fund innovation while managing risk, regulatory challenges, and return on investment.
The guide outlines a six-step approach focused on aligning innovation with operational needs rather than trends, and includes recommendations for testing, risk assessment, and cross-industry learning.
Areas covered include strategies for build-versus-buy decisions, testing for learning over scale, assessing risk tolerance, and creating long-term value through structured experimentation.
“This report captures practical lessons from our work helping organisations make informed, low-regret innovation decisions,” said Seb Corby, Principal Consultant at Safetytech Accelerator.
“It reflects the reality of implementing emerging technologies in sectors where safety, performance, and long-term resilience matter as much as novelty.”
The report can be downloaded here.
