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Monday 18 October 2021

Would you like to join the TechMarketView team?

TMV logoTechMarketView is one of the most highly regarded tech research and advisory firms in the UK. We are looking for two research analysts to join our growing team. Could this be you or someone you know?

The successful candidates will be part of our analyst team and will work closely with our research directors and principal analysts to deliver research and analysis for our clients on the UK tech market.

Applicants should have some understanding of, and an interest in, the UK tech market, including software or IT services. Some experience of either the financial services or public sector tech markets would also be beneficial.

In time, you will be writing content for our daily newsletter and contributing to research reports, so you’ll need excellent writing skills and attention to detail and be able to work to deadlines. 

You’ll be comfortable with both interviewing senior people and doing desk research and will enjoy thinking analytically. 

As part of the role, you may also be involved in analysing company finances or helping to prepare our market sizing data, so you’ll need to be happy playing with spreadsheets too.

We’re a small, friendly team and the right candidates will have the opportunity to grow into the roles and develop expertise in specific areas of the market.

We envisage both roles being full-time, but we’re flexible and could tailor the position for the right candidates.

We all work remotely from home – and always have – but you may be required to travel to meetings in London or in the M25 area from time to time.

If you think this could be you, please email our Chief Research Officer, Kate Hanaghan, to tell us about yourself, enclosing either a link to your LinkedIn profile or a CV (or both!).

Posted by HotViews Editor at '13:36'

Thursday 14 October 2021

TechMarketView Webinar: Making Green from Green

Thank you to everyone who joined us the fourth and final webinar in our autumn series this morning, Making Green from Green, where we explored the emerging sustainability market opportunity and how the supply side is gearing up to tap into the revenue streams that could flow from it, with TechMarketView’s Angela Eager and Duncan Aitchison.

WebinarIf you didn’t manage to attend the live event, you can view the recording here. We’ll also be making the slide-deck available to both our corporate and UKHotViews Premium subscribers later in the autumn – look out for the link in UKHotViews in the coming weeks. 

In the meantime, TechSectorViews subscribers can delve into the detailed research behind the webinar in reports such as Making a Difference with Sustainability Tech or our various market trends, forecasts and supplier rankings reports. (If your organisation doesn’t currently subscribe to our in-depth research in this area, contact Deb Seth for more details).

And if you’ve enjoyed the webinar series, mark your calendars now for our popular, in-person, ‘Evening with TechMarketView’ event which will be returning on 22 September 2022. We look forward to seeing you there!

Posted by Tola Sargeant at '12:08' - Tagged: sustainability   webinar  

Thursday 14 October 2021

*NEW RESEARCH* Digital Marketplace Review H1 2021-22

DM Review CoverTechMarketView’s Digital Marketplace Review H1 2021-22 research reveals spend through the three Crown Commercial Service (CCS) frameworks: G-Cloud, Digital Outcomes & Specialists (DOS) and, most recently, Digital Capability for Health (DCFH) was up 28% to £1.7bn. G-Cloud accounted for 73% of spend during the six months (April-September) covering H1 of the UK Government year 2021-22, with DOS covering the remaining 27%—spend via DCFH represented less than 1% of spend during the period.

Spend on G-Cloud was up 34% to £1.2bn driven by pandemic related Health spend and increased digital investment in Defence and Central Government. The challenges of bringing in teams and specialists during the pandemic suppressed the DOS market in H1 2020-21; however, by H2, suppliers and their clients were adapting to hybrid working and spend picked-up. In H1 2021-22 spend continued to recover in some key subsectors, ending the six-month period up 15% to £469m. There were wide variations in DOS spending between the public sector subsectors, ranging from 68% year-on-year growth to 74% decline.  

The rate of growth in spend with SMEs during the period was broadly consistent with that of large companies, with the former up 29% and the latter up 28%, but large companies still attracted the majority of spend, accounting for 64% by value. 

Three companies (AWS, Kainos and Capgemini) broke the £50m barrier for Digital Marketplace income during the period. Six customers (Home Office, HMRC, Department of Health and Social Care, Department for Work and Pensions, NHS Digital, and Ministry of Justice) broke the £80m spend barrier—their combined spend represented nearly 40% of total spend for the period.

If you are an existing PublicSectorViews subscriber, you can access further analysis and charts now. If you’d like to discuss an extension to your existing subscription or would like details of how to subscribe to TechMarketView, please email Deb Seth.

Posted by Dale Peters at '08:55' - Tagged: g-cloud   data   dos   digital+marketplace   dcfh  

Tuesday 12 October 2021

*NEW RESEARCH* UK Applications Operations Market Trends & Forecasts 2021

The 2021 version of the UK Applications Operations Market Trends & Forecasts report is now available to download.

Containing our latest market size and forecast data, along with insight into market dynamics and the key trendsCover shaping the market, plus analysis of the challenges facing suppliers and recommendations for how to move forward, it is vital reading for suppliers operating in the UK.

The Application Operations (AO) market faced significant challenges in 2020 as enterprises in many sectors cut all but essential expenditure on legacy estates in response to the effects of the pandemic. The nearer term outlook for the UK AO market is, however, improving with demand this year bouncing back to above the pre-COVID level. Nevertheless, the pace of growth during the forecast window is set to remain muted at a CAGR of just 1.2% for the next four years.

Beneath this somewhat placid surface, the digital revolution continues to gather pace within the AO arena. As enterprises now strive to reset and reimagine their businesses more fundamentally, platform-based services are forecast to account for more than 60% of this market by 2024. This will bring an additional £1.5bn of New AO expenditure into play over the next three years. The opportunities for business impact-oriented providers are significant. Traditional cautious incrementalism must, however, give way to more radical, rapid change in offerings, operating models and delivery methods.

If you are a subscriber to TechSectorViews click here to download the UK Applications Operations Market Trends & Forecasts report. If you don’t have a subscription and would like to gain access the report and our other research and services please contact Deb Seth.

Posted by Duncan Aitchison at '07:57' - Tagged: applications   newresearch   operations  

Friday 08 October 2021

*HotViewsExtra* The Access Group: scale up continues; directions crystallising

The Access GroupWe caught up with The Access Group team when they released full year fiscal 2021 results recently for a deeper dive into what is shaping this UK HQ’d business software company that specialises in mid-market enterprises. 

It has an impressive growth story having doubled in size every two years for the past few years, something CEO Chris Bayne doesn’t see changing for the foreseeable. Several of its divisions have now reached £100m revenue milestones, the size the overall business was just four years ago. Acquisitions have driven growth - a remarkable 18 completed during the most recent financial year to June 2021 and 30 over the past three years - but the company has also delivered organic growth once the acquired companies have been assimilated, demonstrating its ability to build post the buy phase. At the same time it has managed over 15 years of uninterrupted profitable growth, including EBITDA CAGR of 56% over the 2017-21 period, with a reach target to double EBITDA every two years. 

As it continues to scale up - at pace, move to a divisional structure to support expansion, and develop its cloud Workspace platform and proposition, its direction and objectives are crystallising. TechMarketView subscribers can read our analysis in UKHotViewsExtra The Access Group: scale up continues; directions crystallising

If you don’t have a subscription and are interested in finding out more about the research services we provide, you’re welcome to contact Deb Seth

Posted by Angela Eager at '08:51' - Tagged: cloud   software   acquisitions  

Thursday 07 October 2021

TechMarketView Webinar on UK financial services sector available to view

Thank you to everyone who joined us for our ‘Clarity of Purpose’ breakfast webinar this morning, where we explored the trends shaping the UK financial services tech sector and particularly the impact that Covid-19 has had on the sector’s drive for transformation, with TechMarketView’s Jon Davies and Marc Hardwick. A warm thank you as well to cloud-based accounting systems provider Aqilla, whose support made it possible for us to run the webinar today.

Webinar imageIf you didn’t manage to attend the live event, you can view the recording here. We’ll also be making the slide-deck available to both our corporate and UKHotViews Premium subscribers later in the autumn – look out for the link in UKHotViews in the coming weeks. 

In the meantime, FinancialServicesViews subscribers can delve into the detailed research behind the webinar in reports such as our UK Financial Services SITS – Suppliers, Trends & Forecasts 2021The Wealth Management Challenge and The Risk Management Challenge. (If your organisation doesn’t currently subscribe to our in-depth research in this area, contact Deb Seth for more details).

And lastly, don’t miss your chance to book your place at our final breakfast webinar of the series, Making Green from Green, which will be examining whether there is revenue to be made from the sustainability agenda on 14 October. We look forward to seeing you there!

With thanks to Aqilla, our sponsors for the Clarity of Purpose webinar.

Aqilla logo

Posted by Tola Sargeant at '12:01' - Tagged: automation   transformation   AI   webinar   financial+services  

Wednesday 06 October 2021

Thomas' third 5K for GOSH

Thomas promoting RBC Race for the Kids 2021Two years ago, only three months after having his left leg amputated through-knee, Thomas completed the RBC Race for the Kids in aid of Great Ormond Street Hospital. He made it round the 5K Hyde Park course in an hour, despite struggling with his first real experience of running. He was supported by a fantastic TechMarketView team.

A year later, he had received his first prosthetic activity blade, and in the midst of the pandemic, he took part in the event once again, albeit virtually (and on a much hillier route!). He smashed his previous time, finishing the 5K in 38 minutes. This year he will, once again be participating in the virtual event, and hopes to raise more money for the hospital that looked after him (and his family) for over a decade of his life.

Thomas is the son of our Chief Analyst, Georgina O’Toole. Many of you will have tracked his progress over the years. We are excited to see if he manages to beat his personal record once again, having had a bit more running experience. He’s not looking forward to tackling those hills again so any donation you can make to spur him on would be greatly appreciated. You can find his fundraising page here - Race for the Kids – O’Toole Family. Mum might need a bit of encouragement too! We have been so thrilled with the support offered by TechMarketView readers in the past. 

If you can support Thomas, you will be providing much needed funds to a hospital that provides amazing care – via fantastic facilities and staff. Thomas is really keen to ensure other children, and their families, receive the same level of support as he did. This year, Thomas is also very proud to be supporting the team at RBC Race for the Kids to help get others signed up to join in too (see photo).

Posted by HotViews Editor at '10:51' - Tagged: fundraising   charity  

Tuesday 05 October 2021

*NEW RESEARCH* Public Sector & Central Government: The Market & Suppliers

Houses of ParliamentIn case you missed it, late last week, we published our annual – and much anticipated – review of the UK public sector software and IT services market from both a market and supplier perspective. PublicSectorViews subscribers can download the report – UK Public Sector Software & IT Services: Suppliers Trends & Forecasts 2021-2024 – now.

You might also have struggled to access the associated review of the UK central government SITS market and its suppliers (as the link wasn’t working in our email). You can now easily access it here: UK Central Government Software & IT Services: Suppliers, Trends, & Forecasts 2021-2024. This is the first in a series of six subsector reports that take a deep dive into the six public sector subsectors. You should keep an eye out for those focused on local government, health, education, police, and defence, over the coming weeks.

In both reports you will find our review of 2020 and the impact of the Covid-19 pandemic, as well as our forecasts through to 2024, highlighting the key trends that we believe will be a feature of the market over the next few years. You will also see our Top 20 rankings for the overall UK public sector SITS market and the UK central government market, which highlight a strong diversity of performance amongst the players. But those leading players need to take care. There is some strong competition coming through and knocking on the door of the Top 20 rankings. And some smaller players that are achieving phenomenal growth, either organically or via acquisition. You can read all about those we think it’s worth keeping an eye on when you download the research.

If you are not yet a subscriber – or are unsure whether your company has a corporate subscription – please contact Deb Seth to find out more. And if you have any questions on the research, don’t hesitate to get int touch with our PublicSectorViews team.  

Posted by Georgina O'Toole at '08:55' - Tagged: centralgovernment   forecasts   suppliers   market+trends   public+sector  

Monday 04 October 2021

*NEW RESEARCH* Extraordinary growth in VC investment into UK and Irish tech companies

Q2 2021 chartQ2 2021 marked an extraordinary quarter for VC investment into tech companies in the UK and Ireland, according to data from Corporate Finance firm Ascendant. Compared to Q1 2021, the volume of deals was up 8% but the value of those deals represented a 59% increase on the prior quarter and a staggering 228% increase on the Q2 2020 value.

The latest edition of IndustryViews Venture Capital has more detail, along with commentary on selected UK tech venture funding deals.

Posted by Tania Wilson at '08:00' - Tagged: funding   start-up  

Friday 01 October 2021

*NEW RESEARCH* Public Sector Software and IT Services Suppliers, Trends and Forecasts 2021-24

PSV MTF Cover ImageThis year’s UK Public Sector Software and IT Services Suppliers, Trends and Forecasts report is now available. It serves as an introduction to the in-depth subsector-level reports, which will be published shortly.

The report consolidates TechMarketView’s analysis of the public sector market in 2020, which grew more strongly than we predicted last year. When we were formulating our estimates last year, we were relatively early in the pandemic and the impact on public sector organisations and their suppliers was only just emerging. As the year progressed, spend on digital, particularly in healthcare and central government, accelerated resulting in impressive growth over the year.

The report also forecasts how the market will perform over the period 2021-24, with 2021 set to be another strong year of growth. Many of the barriers to cloud adoption that existed before 2020 have disappeared and, despite growth not returning to the peak of 2020 and 2021, we will continue to see the rapid adoption of new digital services throughout the forecast period to 2024.

And finally, the report contains an update to our UK public sector SITS Top 20 supplier rankings based on the latest available financial information (as at end of June 2021). Top 20 rankings for central government and Top 10 rankings for each of the remaining subsectors (local government, health, education, police and defence) are also provided.

Over the next few months, we will be publishing in-depth analysis of Suppliers, Trends and Forecasts 2021-2024 at a subsector level. These reports will combine market trends and forecasts, and supplier rankings for each of the six subsectors we track; we start with Central Government, which is also published today.

PublicSectorViews’ subscribers can find out the size of the public sector market, its growth forecast, and who the leading suppliers are by download the research today. If you are not yet a subscriber, or are unsure if your company has a subscription, please contact Deb Seth to find out how you can access the research.

Posted by Dale Peters at '07:30' - Tagged: rankings   government   market+trends   public+sector  

Friday 01 October 2021

*NEW RESEARCH* UK Central Government SITS: Market & Suppliers 2021-2024

UK Central Government report coverJust published, UK Central Government Software & IT Services Market: Suppliers, Trends, & Forecasts 2021-24 is the first in our series of reports providing a deep dive view of the six public sector subsectors from both a market and supplier perspective. This report – and the others focused on local government, health, education, police, and defence (which will be published in the coming weeks) – should be read in conjunction with our overview report also just hitting your desks (UK Public Sector Software and IT Services: Suppliers, Trends and Forecasts 2021-2024).

In this central government report, PublicSectorViews subscribers will find TechMarketView’s Top 20 central government SITS rankings for 2020, as well as our view of those suppliers that are ‘on the rise’ and, therefore, threatening to unseat the leading players, and a handpicked selection of suppliers that are worth keeping a close eye on, due to their renewed interest in the sector, recent successes, or differentiated approach.

Subscribers will also find our latest forecasts for the UK central government SITS market. Our view of 2020, and our forecasts through to 2024, are based on our proprietary Digital Evolution Model (DEM). The model provides a view of the market by the ‘New’ - digital, platform and cyber security-led offering, and ‘Heritage’ - offerings focused on traditional systems and processes. We also provide finer granularity by including data for the four primary groupings in DEM, namely Consulting, Solutions, Operations and Software.

PublicSectorViews subscribers can download UK Central Government Software & IT Services Market: Suppliers, Trends, & Forecasts 2021-24 now. If you are not yet a subscriber or are keen to work out how to access our behind-the-paywall research, please contact Deb Seth to find out more.

Posted by Georgina O'Toole at '07:30' - Tagged: centralgovernment   software   forecasts   itservices   suppliers   legacy   digital   market+trends   public+sector