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Technology news in the UK | Page 7
An overview of news, trends and research in the Technology industry in the UK:
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Digital transformation consulting market booms to $23 billion
The booming digital transformation consulting market is worth $23 billion today, according to a report. In total, the sector now represents more than 15% of the entire consultancy industry, while taking root most extensively in the UK, US, and Australia.
30 May 2017
Synechron scoops two FTF Technology Innovation Awards
Financial Technologies Forum (FTF) has unveiled the 2017 winners of its annual Technology Innovation Awards.
30 May 2017
Tech-consultancy ushers in digital revolution in cruise industry
The next generation of cruise ship technology looks set to arrive aboard Carnival’s Princess Cruises, thanks to work from integrated technology consulting company Nytec.
26 May 2017
Blockchain Technology: How it works, main advantages and challenges
The market entry of blockchain technologies is touted as one of the most disruptive forces for the financial services industry and beyond, according to analysts, set to radically transform the way tr
25 May 2017
Large advertising firms likely prey for consulting and IT giants
One of the top six advertising groups is likely to be purchased by giants in management consultancy or IT, who are increasingly encroaching on the lucrative advertising market, according to a mergers
19 May 2017
Drake Star Partners helps RTX raise £46 million in growth funding
RTX, a financial exchange platform for telecom operators, has raised an initial investment of £6 million growth capital from BOOST&Co with further committed funding of £40 million scheduled for the
18 May 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
Severe cybersecurity incidents cost shareholders billions, says CGI
Digitalisation comes with benefits, and pitfalls, for businesses.
03 May 2017
Mega trends in automotive boosting demand for semiconductors
The mega trends set to disrupt the automotive industry: electrification, connectivity, mobility and automation, are set to create considerable value chain element growth.
02 May 2017
HR is accelerating adoption of cloud and SaaS technology models
The HR technology model landscape has expanded in recent years on the back of a range of new service models, including cloud-based offerings.
24 April 2017
Interest in FinTech services highest among younger tech savvy users
The financial services industry has, since the financial crisis, found itself operating in a rapidly evolving environment.
24 April 2017
Tech startups embracing accelerators, incubators and venture capital
A new report finds that startups in the scene are increasingly keen on working within their ecosystem, with the large majority keen on nearly half making use of accelerators and incubators.
18 April 2017
Electrification, decentralisation and digital to transform energy system
Three major trends – electrification, decentralisation and digital – are set to transform the regional and cross-boarder energy system, according to a new report by the World Economic Forum.
11 April 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
Four trade-offs for Robotics Process Automation | RPA
Robotics Process Automation (RPA) is gaining traction globally across various industries, with a multitude of vendors and solutions now available to all and sundry.
05 April 2017
Automation and electrification to overhaul global automotive industry
The automotive industry is facing changes from a host of innovations in technology and business model.
04 April 2017
Insurance industry to see profits eroded by InsurTechs and digital rivals
The insurance industry is beginning to face the prospect of digital innovation affecting their business models.
22 March 2017
Autonomous vehicle suppliers face competition and consumer sentiment
Fully autonomous vehicles offer a host of benefits, from improved safety to lower fuel and insurance costs.
21 March 2017
Divestments in technology industry soar on the back of digital disruption
Divestment in the technology sector soared to a record high last year on the back of mega carveouts and increased scrutiny of assets.
20 March 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
Deal activity in global technology sector grows lightly to $466 billion
M&A activity in the technology industry has grown slightly last year, from $459 billion the year previous to $466 billion.
13 March 2017
CFOs able to leverage technology to realise their strategic capabilties
Technological advance, finds a new report, is enabling CFOs to become more strategic, finds a new report.
08 March 2017
The potential of blockchain as a future financial services infrastructure
The potential for blockchain technologies to create considerable disruption in the financial services industry has created considerable hype, as well as spurred considerable effort to explore the phenomenon.
02 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
Blockchain set to become mainstream in financial services arena
Nine out of ten executives in the financial services sector say that by 2026 blockchain will be a mainstream part of strategies and operations.
15 February 2017
Blockchain technology can help banks redesign their banking processes
Blockchain based technologies have the potential to disrupt the financial services industry, as reported by a host of industry independent players.
09 February 2017
Value of Agtech startup funding falls 30%, deal volume remains stable
Investment value in the Agtech startup scene fell 30% to $3.2 billion, on the back of increased investor scrutiny, investor sentiment and general uncertainty.
09 February 2017
FinTechs in asset management and capital markets are gaining share
The FinTech scene in the asset management and capital markets space is, as it stands, relatively small, with the majority of focus for FinTech development going to the retail and corporate banking segments.
07 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
Disruptive technology keeps incumbent media executives on their toes
The rise of disruptive technologies and business models in the media sector is causing considerable concern among sector executives.
25 January 2017
KPMG: Hedge funds to invest more in technology and cyber defence
Investments by hedge funds into technology advancement is set to increase in the coming five years, as more executives within the industry become concerned about the impact of technology on their competitiveness.
12 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
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