Sir Terry Matthews tries out a 3D printed golf club at the Digital 2016 event which is taking place at the Celtic Manor Resort © WALES NEWS SERVICE Sir Terry Matthews tries 3D printed golf club at Digital 2016 event at the Celtic Manor Resort

Key speakers across the two day event focussed on the future of digital technologies with Entrepreneur Wales Awards winner David Buttress, CEO of online food order service Just Eat, enthusing that there is no reason why Wales can't become a leader in technology. Martyn Baker from Twitter commented that video has become a ‘game-changer’ in terms of interaction between companies and consumers, and Daniel Burlacu from Google also drew attention to the rise of video content with a prediction that it will account for 69% of data traffic by 2017 and commenting that if YouTube were a country it would be the worlds’ largest, eclipsed only by China and India.

Jeremy Silver, CEO of the Digital Catapult, which develops breakthroughs for the UK around data, said people must be aware of how our relationship with physical things as businesses or customers is changing, drawing inspiration from companies like Uber, AirBnB and Spotify. Streaming live from the US, Massachusetts Institute of Technology (MIT)’s Marshall Van Alstyne agreed that many of today’s top tech companies don't supply content or physical assets, but instead provide systems or applications. Wales could take inspiration from success stories such as Uber - the world’s largest taxi company that owns no vehicles - and AirBnB the world’s largest hotelier that owns no real estate.

David Warrender, CEO of Innovation Point, the company behind Digital 2016 said “Digital 2016 has highlighted some of the best technology Wales has to offer and showcased the imagination, innovation and business sense that is putting our region on the map globally. Business meetings have been taking place between companies across the two days and the message is that we’re here, ready and willing to help realise these discussions through support in accessing funding, expertise or networks. Innovation Point will continue to drive the momentum of this success, helping Welsh businesses create opportunities and wealth.”