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Technology news in the UK | Page 4
An overview of news, trends and research in the Technology industry in the UK:
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Over 60% of UK workers would delegate tiresome tasks to robots
Two thirds of the British workforce would happily have robots do the most repetitive aspects of their work, a new study has found.
22 June 2018
71 industrial robots installed per 10,000 workers in UK
The UK is currently lagging behind 21 other nations in the adoption of robot density proportional to its industrial workforce.
12 June 2018
Bullish UK technology sector worth over £180 billion
The UK technology sector has boomed to a value of more than £180 billion.
05 June 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
BCG to help Lloyd's of London develop InsurTech startup lab
Lloyd’s of London has commissioned professional services giant The Boston Consulting Group (BCG) and innovation specialist L Marks to help the leading insurance market set up the Lloyd’s Lab — a prop
09 May 2018
Synechron scoops Markets Media award for AI and Blockchain offerings
International consulting firm Synechron has been rewarded for the efforts of its Accelerator programmes, scooping to prizes at the Markets Choice Awards in New York.
04 May 2018
Avasant and Wipro team up for digital transformation event in London
Avasant and Wipro are teaming up to organise a joint event in London in the end of May.
03 May 2018
70% of Big Data projects in UK fail to realise full potential
Big Data has rapidly ascended as a major technique for companies to capitalise on the potential that sits within their data.
30 April 2018
Synechron launches RegTech programme for clients in financial services
Following Accelerator programmes for Blockchain, InsurTech, and AI, international consulting and technology firm Synechron has now also made a foray into the RegTech realm.
26 April 2018
UK remains unconvinced by global robocab trend
New research shows customers in the automotive industry are open to the use of new mobility offerings, opened up by the advance of autonomous vehicle technology.
25 April 2018
Artificial Intelligence set to revolutionise energy & utilities industry
Artificial Intelligence will change the way many industries create and deliver their products and services in the future, and energy provision is one of them.
23 April 2018
Venture capital investment in FinTech reaches record $27.4 billion high
Global investment in FinTechs by venture capital grew to a record $27.4 billion in 2017, spurred on by high deal value in the US, UK and India.
17 April 2018
Smart technology can ease GDPR compliance, says Compendor founder
Two years ago Elmo Olieslagers left a large management consulting firm to launch Compendor, a startup that specialises in regulatory technology (RegTech) consultancy services and solutions.
09 April 2018
Wavestone close to acquiring UK-based technology consulting firm
Wavestone intends to accelerate international development with the acquisition of a UK consultancy in the coming month.
04 April 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
BCG supports disruptive AI consortium backed by Canadian government
Global consulting firm BCG has announced it will support an AI consortium vying to boost digital growth in Canada. The SCALE.
13 March 2018
Internet of Things cultivation boosts greenhouse horticulture
Partnering with horticultural specialists at Hortilux, First Consulting has developed a data-driven Internet of Things (IoT) application for a client in the greenhouse horticulture sector.
08 March 2018
Firms should diversify networks to transform into digital superpowers
As market incumbents look for new ways to transform their operations, in response to digital disruptors, a new report has suggested that hybrid firms have a much higher market value, in comparison to
05 March 2018
Digital disruption is becoming mainstream, four strategies to keep an edge
Despite the widespread buzz surrounding ‘digital disruption’, its impact so far has been limited to well-known sectors, such as travel (Booking.
27 February 2018
Organisations are struggling to deliver the full benefits of RPA technology
Many businesses are failing to meet their cost saving targets as part of Robotic Process Automation (RPA) initiatives.
23 February 2018
Accenture Technology launches AI testing services
Accenture Technology has launched a new set of Artificial Intelligence Testing Services.
22 February 2018
Seven technology consulting firms named top UK employers
Seven technology consultancies have been named among a list of the UK’s top employers.
20 February 2018
Europe has thriving Deep Tech scene, UK and France are top hubs
Deep Tech start-ups are set for a bright future in Europe.
19 February 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
Businesses worried technology aimed at reducing risk could have opposite effect
According to new analysis, many financial professionals are increasingly weary of technology, as disruption resulting from innovations designed to streamline business may actually complicate it in un
16 February 2018
Time spent online increases, although safe use concerns on the rise
Seven out of ten UK consumers are worried the information they share via digital devices will lead to a compromise of their privacy, according to a new study.
08 February 2018
The top 50 most innovative companies in the world, tech firms lead
Digital innovators continue to outperform in the current market, with focus on holistic and committed approaches to innovation and product development correlated with success.
07 February 2018
Ten lessons from Deloitte for successfully embracing artificial intelligence
Despite its early forms proving increasingly popular among businesses looking to digitise their operations and cut costs, Artificial Intelligence is still in its infancy, and while the majority of or
06 February 2018
HR departments lack 'good understanding' of automation impact on skills
According to a new study, around a third of global companies with revenues over $100 million are planning to upgrade their HR infrastructure.
30 January 2018
Why robots should report to Human Resources and not IT
The rise of artificial intelligence in the workplace poses a little-discussed question – wouldn’t it be better if the HR department, not the programmers, oversaw robots? Rob Mettler, a consultant at
24 January 2018
Blockchain a game changer for banks looking to 'Know Your Customer'
Blockchain technology could become a game changer for Know Your Customer compliance, according to experts from Synechron. Consultancy.
22 January 2018
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