PwC | News | Technology

An overview of PwC news in the UK in the Technology industry:

Consultancies join North West technology talent consortium As the North of England continues to rebuild its economy around technology and innovation, a group of large employers in the North West are collaborating to grow and diversify the region’s pool of di
30 September 2022
Tech investment could be better targeted to cut emissions While investment from venture capital and private equity is pouring into the climate tech sector, a new report suggests that not enough of it is targeting the reduction of greenhouse gasses.
17 December 2021
Meet UK's 80 female technology leaders of tomorrow Eighty professionals have been named a ‘Future Star of Tech’, of which around twenty work in the consulting industry.
01 June 2020
AR and VR to add £1.4 trillion to economy by 2030 With Virtual Reality and Augmented Reality finally taking off as commercial technology following a decade of hype, the mediums could soon benefit the UK economy to the tune of £62.5 billion.
03 December 2019
Large and SME consulting firms on government's DOS4 framework The UK government has selected nearly 3,000 large, mid-sized and boutique consulting firms, digital agencies and technology providers for its Digital Outcomes and Specialists 4 framework (DOS4).
21 October 2019
PwC partners with UK Black Tech to bolster diversity in technology In order to encourage greater diversity in the technology sector, PwC and UKBlackTech have joined forces to host Tech Insight and networking events across the UK.
08 November 2018
The professional services firms that are helping NHS embrace technology The NHS has appointed nearly 80 consulting firms, IT consultancies, system integrators, healthcare specialists and other profesional services provides to its Health Systems Support (HSS) Framework.
29 October 2018
AI to cause major realignment in UK labour market A new study has estimated that Artificial Intelligence will actually lead to a small net increase in jobs in the UK in the next 20 years.
23 July 2018
53 companies commit themselves to PwC's Tech She Can Charter 53 signatories including PwC itself. Big Four professional services firm PwC launches the Tech She Can Charter in a bid to increase the number of women entering the technology sector.
20 July 2018
Drones to add £21 billion to UK public sector and financial services New research by PwC suggests that the ‘drone economy’ could add £42 billion to UK GDP by 2030.
29 May 2018
Tech IPOs worth $40 million or more hit $25 billion globally Tech IPOs saw an 85% increase on the year previous in 2017, with deals worth more than $40 million hitting 100 for the year. The total proceeds from these transactions amounted to $25 billion.
28 March 2018
Businesses place diversity on backburner in favour of digitalisation The global market is swiftly evolving, and investors and CEOs are increasingly concerned that their legacy businesses are not up to scratch amid digital disruption and an altering geo-political lands
14 March 2018
WEF and professional services firms team up to launch IT skills platform The World Economic Forum has partnered with 10 professional services firms in order to deliver a new re-skilling platform.
19 February 2018
PwC launches UK drones team to help clients profit from aerial data PwC’s UK wing has established a team of drone specialists in Britain to help clients take advantage of the airborne technology.
09 January 2018
Big Four and Capgemini dominate best FinTech and InsurTech reports FinTech and InsurTech are causing massive disruption among their relevant sectors, as agile new start-ups utilise new technology to challenge long-term market incumbents.
06 September 2017
Artificial Intelligence may only replace 19% of the jobs it takes Artificial Intelligence is often forecast to create more jobs than it replaces, however a new analysis suggests that at current growth rates, AI will only cover 19% of the jobs lost after its impleme
31 July 2017
Developing world embraces AI doctors but UK remains sceptical With the NHS facing a funding crisis, healthcare providers are looking to AI to cut costs – but service users remain apprehensive with the WannaCry hack still fresh in the public’s minds.
05 July 2017
£232 billion AI market is UK's largest economic opportunity UK GDP could be around 10% higher in 2030 as a result of Artificial Intelligence (AI), making AI the largest commercial opportunity for the British economy.
04 July 2017
Rise of the machines could jeopardise millions of millennial jobs The research arm of McKinsey & Company predicts that millennials may face increasing economic uncertainty in the coming years, as the jobs they most commonly fulfil become increasingly automated.
15 May 2017
FinTechs and incumbent FS firms increasingly leveraging partnerships The financial services landscape is becoming increasingly diverse as FinTechs develop new technologies and business models to woe customers away from incumbent financial players.
10 April 2017
CEOs: Changing technology landscape is impacting people strategy Technology has the potential to create considerable disruption to employment across a range of industries.
16 March 2017
Tech IPO activity falters on uncertainties, UK activity grinds to a halt Tech IPO activity has fell to the lowest level for the decade in 2016, as political uncertainty mixed with global and sector economic uncertainties. In total there were 53 deals valued at $8.75 billion in 2016.
15 February 2017
Global semiconductor market grows to $354 billion, China leads the way The global consumption of semiconductors continues has grown to $354 billion last year, on the back of the further rise of technology and trends such as the Internet of Things.
26 January 2017
The eight essential emerging technologies for executives Senior management teams must put technology at the core of strategy formulation if they are to survive and thrive, writes David Lee, a Partner in the Technology Advisory division of PwC.
03 January 2017
PwC and GE Digital combine to provide Industrial Internet of Things The Industrial Internet of Things is seeing considerable investment as its potential to boost productivity on the factory floor by integrating horizontal and vertical supply chains through connected
06 October 2016
Top 10 technology forces that will shape financial services in 2020 Ciaran Kelly, partner at PwC in Ireland, analyses the findings of a report on the real-world implications of FinTech for financial services firms and the areas these firms should prioritise.
03 October 2016
PwC UK to add 1,000 technology specialists to Risk Assurance unit Digital technology comes with costs, as cyber security threats mount and global cyber-crime damage hits $400 billion per year.
19 September 2016
Industry 4.0 investments in major economies to hit 4.5 trillion by 2020 Industry 4.
03 May 2016
FinTech is disruptive, but creates both risks and opportunities FinTech presents the financial services with both risks and opportunities.
21 March 2016
PwC establishes blockchain team at its Belfast office The potential for blockchain technologies, the public ledger underlying cryptocurrencies like bitcoin, in the financial and public sectors are significant.
09 February 2016
PwC supports 42 million Aero Stanrew acquisition TT Electronics has bought Aero Stanrew for a reported £42 million. The deal will further TT Electronics’ offering of hardened electronics to the aerospace and defence markets.
08 January 2016
10 ways how digital leaders outperform their competition Investment in digital innovation remains a key priority for many businesses. Recent PwC research shows that revenue growth, improving customer experience and increasing profits are the biggest motivators for companies to invest in digital. Investin
10 December 2015

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