CW Annual Review for 2020/21

CW News published by CW (Cambridge Wireless)

CW is a not-for-profit organisation that is owned by its members, with a governing board elected by the membership. As with all companies across the world, CW has had an exciting time over the past twelve months. In our annual report, we present our achievements to our community along with a financial summary. You can read the full document in the attachment, or quickly review the highlights below.

Download the full report

HIGHLIGHTS

  • Revenues increased for another year, reaching £1.4M in 2020. Profits of £77.5k are being reinvested back into CW's activities, including:
    • Growing the team to include a Membership Executive and Marketing Executive
    • Launching a Knowledge Exchange programme for members
    • Delivering high quality, technical content more regularly to our community via an online version of the CW Journal
  • 50 new memberships started in 2020.
  • CW launched the "Product as a Service" Consortium to help members scale and digitise their products. Founding members include Arm & ghd.

“It really feels like the Product as a Service Consortium is out of the blocks  with great sessions, engagement and actions with some great folks.  We look forward to taking the next step with you on the journey.”

Toby Grimshaw, Director Sales & Business Development, Kigen

  • The UK5G Innovation Network, for which CW is the lead delivery partner, has now tripled in size since its foundation in 2018
  • The first stage of the new CW Techsters programme launched, consisting of online digital skills training with content supplied by 1NCE, Anglian Water, PwC, Huawei and Humans in the Loop.
  • Over 1,000 technologists registered for "Edge Week", an immersive online experience that combined the CW International Conference and the CW Technology & Engineering Conference

“The best virtual conference event I have seen to date, with the normally excellent speakers and topics plus an effective virtual networking capability. Well done CW!”

CWIC 2020 attendee feedback

  • The CW 5G Testbed launched. The first cohort to test how 5G might improve their products include Camnexus, Extend Robotics and Ubisense.
  • CW gave training to over 2,000 women entrepreneurs in low to middle income countries through our partnership with the Cherie Blair Foundation for Women
  • In collaboration with the Cambridgeshire & Peterborough Combined Authority, CW delivered a series of training workshops to help local leaders get to grips with how emerging technology could benefit their businesses.
  • After ceasing in-person events in March 2020, 31 webinars have been delivered to 2,439 delegates. These webinars:
    • Achieved an average of 88% event satisfaction, with three webinars scoring as high as 95%
    • Had an average of 48% non-member attendees
    • Awarded 236 CPD certificates to our community

"Looking to the coming year, our theme will be “Membership First”. We have learned a lot in the last year. Even when our face-to-face events return, they will only be more accessible and inclusive thanks to the learnings from this period of digital delivery."

Simon Mead, CEO, CW

The CW Team would like to thank our community for your support over the past twelve months, with particular mention to the hard-working SIG Champions who quickly adapted to our new, digital world, and the Board of Directors who are consistent in their support and encouragement of CW's work.

Download the full report

2020 Financial Highlights CW

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