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Earlier in the Autumn, we held our annual TechMarketView Evening event at RIBA in London (see Thanks for the buzz at TechMarketView Evening!). Those of you who joined us in person will know that we pledged to offset the greenhouse emissions from the event (‘Sustainability’ was the topic of the fireside chat segment that evening).
We ran a survey on the night, in part to find out (broadly speaking) where people travelled into London from – and by what means of transport – so we could offset the carbon; but also to ask about environmental sustainability in people’s organisations.
In our UKHotViewsExtra – Offsetting carbon, and understanding sustainability sentiment, from TechMarketView Evening, subscribers to TechMarketView research services can learn more about key points to consider when looking to offset unabated carbon emissions as a business, and also some of the other challenges which organisations are experiencing on their decarbonisation journeys.
If you are a TechMarketView subscriber you can access the research now: UKHotViewsExtra – Offsetting carbon, and understanding sustainability sentiment, from TechMarketView Evening. If you are not yet a subscriber, or are unsure if your organisation has a corporate subscription, please contact Deb Seth to find out more.
Posted by Craig Wentworth at '08:39' - Tagged: survey event carbon accounting carbon offsetting
The 2023 version of the UK SITS Solutions Market Suppliers, Trends, and Forecasts 2022–2026 report is now available to download.
This report details TechMarketView’s latest market size and growth data for the UK SITS Solutions market. It provides expert analysis of the key trends that are shaping the market, providing insights for Solutions suppliers. There are also recommendations and advice for vendors, making this research both informative and practical. In addition, the report contains a Top 20 Supplier Ranking by UK Solutions revenue, together with commentary on the up-and-coming players making noteworthy progress in this space.
Solutions investment has been one of the most buoyant parts of the UK SITS scene since the second half of 2020 with investment in a range of areas including customer and employee experience, modern workforce, cloud services, and increasingly the automation of business operations. The rise of technologies such as data/analytics, AI, Digital Twins, and cyber security will continue to underpin significant growth over the next few years. However, expenditure in this area is likely to face increasing scrutiny whilst investment requests will need to be closely linked to productivity improvements.
If you are a subscriber to TechSectorViews click here to download the UK SITS Solutions Market Suppliers, Trends, and Forecasts 2022–2026 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 Marc Hardwick at '16:13' - Tagged: rankings newresearch Solutions market trends
As well as bringing you daily insight on the tech market via UKHotViews, TechMarketView’s expert analyst team is continually publishing in-depth reports and longer opinion pieces across our horizonal and vertically focused research streams.
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Posted by TMV Team at '12:54'
We’re pleased to announce we’re partnering with ScaleUp Group, Evelyn Partners and Silverpeak, as a headline sponsor for the upcoming Enterprise Awards on June 26th, 2024!
This will be the 12th annual awards event, uniquely created to recognise UK technology founders and entrepreneurs, taking place at the prestigious Drapers Hall in the City of London.
tx2events will be managing the event plus the entry process, and CommsCo, the B2B tech PR Agency, will be supporting as the media relations partner.
As well as the sponsors, we are thrilled to have Clare Elford CEO/Founder of Clue Software joining us on the judging panel, chaired by TechMarketView’s very own Tola Sargeant.
The Awards support the charities of the Worshipful Company of Information Technologists each year, which are the beneficiaries of the profits from the Enterprise Awards event.
The entry process will be open in the New Year but before then, the short form ‘Expressions of Interest’ form is available here and we'd encourage all our entrepreneur and founder readers to consider putting themselves forward!
Posted by HotViews Editor at '08:50' - Tagged: awards entrepreneurship
Merger and acquisition (M&A) activity in the UK software and IT services (SITS) sector continued to decline in Q3 2023. This is according to data from Silverpeak, the mid-market technology specialists that represent European growth businesses in M&A and financing transactions.
There were 62 acquisitions by and 68 sales of UK SITS companies in Q3 2023, compared to 68 and 90 respectively in Q2. This data includes deals announced, as well as those closed.
The drop relative to recent quarters is largely due to fewer acquisitions by North American companies, with M&A by UK players remaining fairly steady. And whilst these figures look low in the context of M&A activity in recent years, it is worth bearing in mind that Q3 is traditionally a quieter period than other times in the year. The true test of market sentiment will be in the coming quarters, with hopes that stabilising interest rates and improved macroeconomic conditions will lead to greater confidence amongst buyers.
Subscribers to the TechMarketView Foundation Service and UKHotViews Premium can read more by downloading the Q3 2023 edition of IndustryViews Corporate Activity.
Posted by Tania Wilson at '16:00' - Tagged: M&A acquisitions
TechMarketView’s latest UK Defence Software and IT Services (SITS) Suppliers, Trends, and Forecasts report is now available. It is the fourth of six subsector reports, after last month’s Education report, as well as the Central Government and Health reports published prior, and our UK Public Sector Software and IT Services Suppliers Trends, and Forecasts report, published in August. It will be followed by subsector reports for the other public sector subsectors as defined by TechMarketView: Local & Regional Government and Police.
This report provides TechMarketView’s view of the UK Defence Software and IT Services (SITS) market from a market and supplier perspective. It provides our analysis of the performance of the market in 2022, a record year of SITS market growth for Defence, boosted by a whole range of factors, including, but not limited to Urgent Operational Requirements (UORs) related to the war in Ukraine; the acceleration of digital and data initiatives with the Front Line Commands (FLCs) and investment in the shift to hyperscale cloud environments.
The report also contains an update to our UK Defence SITS Top 10 supplier rankings, with our analysis of what is driving each player’s performance, as well as an insight into those suppliers that are threatening to unseat the leading players, and our pick of the ‘ones to watch’.
PublicSectorViews subscribers can find out the size of the UK Defence SITS market, its future growth, and who the leading suppliers are by downloading Defence Software and IT Services Suppliers, Trends and Forecasts 2023-26 today. If you are not yet a subscriber, or are unsure if your organisation has corporate subscription, please contact Deb Seth to find out more.
Posted by Georgina O'Toole at '14:35' - Tagged: defence forecasts MarketForecasts market+trends public+sector marketdata marketanalysis supplier+rankings SupplierAnalysis SupplierData supplier rankings
Chancellor, Jeremy Hunt, placed innovation at the centre of his Autumn Statement 2023 announcements. Tax cuts for business, the pursuit of productivity and investment in technology were key factors in his growth plan; however, this meant there was little additional money to protect public services.
In our latest UKHotViewsExtra – A pro-business Autumn Statement – we review the latest economic and fiscal outlook; changes to National Insurance Contributions, a tax break for business and reform to welfare spending; the ongoing investment in innovation and the pursuit of productivity; the impact on public services; and what it all means for tech suppliers.
TechMarketView subscribers, including UKHotViews Premium subscribers, can read our analysis now.
If you aren't a subscriber - or aren't sure if your organisation has a corporate subscription – please contact Deb Seth to find out more.
Posted by Dale Peters at '10:13' - Tagged: strategy investment government budget autumn+statement
In June 2023, it was announced that Kulveer Singh Ranger (pictured) would receive a life peerage in former Prime Minister Boris Johnson’s Honours list. At TechMarketView, we have known Kulveer for many years. He has had an extensive career in the technology industry, most recently at Atos, where he latterly held the position of SVP, Strategy, Marketing, Communications, & Public Affairs for the Norther Europe, APAC, and India region.
Having tackled some exciting projects at Atos, he will leave the company at the end of November after 8.5 years. However, he still has his finger in several tech pies, including as a Board Member at TechUK, where he is serving his sixth year, and as part of the West Midlands Tech & Digital Advisory Board as Chair for Digital Skills. Having spent the last couple of months ‘finding his feet’ in the House of Lords, we expect him to seek other opportunities in the world of tech over the coming months.
Meanwhile, this is not Kulveer’s first foray into the world of politics. He was a former Director of Transport, and then Director for Digital London & the Environment, establishing the first Digital Office for London, at the Greater London Authority, while Boris Johnson was Mayor of London.
Last week, Kulveer gave his maiden speech in the House of Lords, a moment, which he states was “significant for me and my family.” TechMarketView’s Chief Analyst, Georgina O’Toole, caught up with Kulveer to understand his view on the worlds of politics and technology converging. You can read the full interview in 'Interview with Lord Kulveer Ranger of Northwood: The convergence of politics and technology'.
Posted by Georgina O'Toole at '08:39' - Tagged: policy government public+sector digital+transformation emerging technology public sector
After months of speculation, NHS England has announced it has awarded the NHS Federated Data Platform & Associated Services (FDP-AS) contract to a group led by Palantir Technologies. The US-headquartered data software business will be supported by Accenture, PwC, NECS and Carnall Farrar in delivering the contract, which is worth £330m over its 7-year term. In the first contract year, investment is expected to be at least £25.6m.
It has also been announced that IQVIA has secured the NHS Privacy Enhancing Technology (NHS-PET) contract. NHS-PET will initially be deployed as part of the Federated Data Platform (FDP) programme.
The FDP has been described by NHSE as an essential enabler to transformational improvements across the NHS. It will replace the COVID-19 Data Store and NHS National Data Platform that was introduced during the pandemic but extend its functionality to a broader range of capabilities. NHSE expects it to deliver better joined-up care, help tackle waiting lists and reduce hospital discharge delays. Every hospital trust and Integrated Care System (ICS) will have their own platform, but they are able to connect and share information between them where this is helpful.
By joining up real time data currently siloed in separate systems, covering areas such as the number of hospital beds, the size of elective waiting lists, staff rosters, medical supply availability and social care places, NHSE hopes the FDP will help the health service tackle some of its biggest challenges. It will initially be focused on supporting the five key NHS priorities: 1) elective recovery; 2) care coordination; 3) vaccination and immunisation; 4) population health management; and 5) supply chain management.
TechMarketView subscribers, including UKHotViews Premium subscribers, can find out more about the Federated Data Platform, its background, the concerns surrounding its implementation and how it can avoid previous NHS IT programme mistakes here.
If you aren't a subscriber – or aren't sure if your organisation has a corporate subscription – please contact Deb Seth to find out more.
Posted by Dale Peters at '10:17' - Tagged: nhs contract health AI data
The Policing Productivity Review, published yesterday, highlights the critical role technology must play in enhancing police productivity and improving the outcomes policing delivers for the public. It forms part of the UK Government’s wider Productivity Programme (see UK Government Productivity Programme: AI focus).
The Review was commissioned by the Home Office in August 2022. The department asked the National Police Chiefs’ Council (NPCC) to conduct an independent review and make recommendations on how to improve effectiveness and productivity in policing, identifying the barriers and the most efficient operating models. This included looking at the scope for using new technology to drive efficiency and better outcomes.
Led by Alan Pughsley, former Chief Constable of Kent Police, the Review puts forward 26 recommendations across a range of areas including data and the role of technology as a productivity multiplier. It identifies how the systemic use of innovation and technology can be improved across police forces and highlights how the exploitation of technology by policing has been patchy.
TechMarketView subscribers, including UKHotViews Premium subscribers, can find out more about the Policing Productivity Review here.
Posted by Dale Peters at '07:05' - Tagged: police automation regulation AI data productivity ethics law+enforcement public+safety
It’s been 18 months since I last met up with Graham Booth, CEO, and co-founder of 2iC, one of our early Little British Battlers (see here and work back), and a provider of digital interoperability software. A lot has happened for the company in that time. From new office premises, to doubling the size of its employee base, to becoming increasingly strategic. And, as they say, the truth is in the numbers. The company is on track to deliver over £1m of revenue in its latest financial year.
The defence market opportunity for 2iC’s battlefield digitisation offering is becoming clearer and more urgent. So, in this latest UKHotViewsExtra article from TechMarketView’s Chief Analyst, Georgina O’Toole – ‘2iC: Big opportunities in battlefield interoperability’ - explores how 2iC is maturing its approach, improving its offering, and refining its market messaging to better educate its customers and prospects. Are the investments being made, and the actions being taken, enough to allow 2iC to successfully make the step change that will lead to a bigger prize?
TechMarketView subscription clients – including those with UKHotViews Premium – can read the new analysis now. If you are not yet a subscriber – or are not sure if your organisation has a corporate subscription – please contact Deb Seth to find out how you can gain access to this research and far more besides.
Posted by Georgina O'Toole at '18:18' - Tagged: defence iot interoperability data public sector
A 22% yoy increase in sales outside the UK in the first half of FY24 lifted overall revenue for the period at Kainos to £193.2m. The 8% constant currency (ccy) rise in firm-wide turnover for the six months ended 30th September was accompanied by an even better bottom line improvement. Adjusted profit before tax was up by 11% yoy (19% at ccy) to £37.9m. This drove the associated margin ahead by 100 bps against the same period in the prior FY to 20%.
There was positive news too in terms of the contracted backlog of work which was up by 6% yoy to £327m at the end of H124. Bookings for the half, however, were down by 9% against H123, albeit that period had delivered an unusually strong new business performance.
The continuing success of Kainos in its international markets was largely underpinned by the growth in the firm’s Workday related business. Revenue from the services component of this increased by 21% in H1 and the company’s Workday product sales surged by 28% yoy in the first half to bring the total turnover from both these sets of activities in the period up to £84m.
Progress in the UK, conversely, stalled during H124 with sales here were all but flat yoy at £118.5m. Domestic revenue largely derives from the firm’s Digital Services offerings. Demand for these held up well in the Public Sector, lifting company-wide turnover from this vertical by 17% yoy over H123. This was offset by an anticipated decrease in healthcare revenue (down 31% yoy) and a decline in private sector sales (down 16% yoy).
TMV recently caught up with new CEO, Russell Sloan. All TechMarketView subscription clients, including UKHotViews Premium subscribers, can read more about this company’s performance and plans here: International expansion fuels Kainos’s growth.
Posted by Duncan Aitchison at '10:48' - Tagged: results digital public sector
TechMarketView recently sat down with TechnologyOne’s Leo Hanna (Executive Vice President, UK) and Ian Owen (Industry Director, Public Sector) to talk about the momentum the Australian-headquartered company is seeing with its ‘SaaS Plus’ ERP offer in the UK, and how shifts in the education and local & regional government markets are affecting customer demands (and how to meet them).
TechnologyOne describes SaaS Plus as its ‘Solution-as-a-Service’ offering, but that’s not the whole story. It’s all part of the company’s approach of “de-productising” ERP and thinking about the desired outcomes in a broader sense.
In our UKHotViewsExtra – TechnologyOne: Connected systems for seamless digital experiences, subscribers to TechMarketView research services can learn more about TechnologyOne’s vision of “one connected system” at the experience level, and how this is driving the development of its tailored education and local government offerings.
If you are a TechMarketView subscriber you can access the research now: UKHotViewsExtra – TechnologyOne: Connected systems for seamless digital experiences. If you are not yet a subscriber, or are unsure if your organisation has a corporate subscription, please contact Deb Seth to find out more.
Posted by Craig Wentworth at '08:37' - Tagged: education SaaS+ Local Government
So, the AI Safety Summit has concluded, and whilst there were some interesting developments, namely government testing of corporate AI models, the discussion on many key topics remain largely unresolved. This was to be expected given the summit focused on a more long-term perspective (Frontier AI) than that of immediate challenges.
One of the first statements that came out of the summit was the announcement of The Bletchley Declaration on AI safety, which sees 28 countries agreeing to the urgent need to understand and collectively manage potential risks, through a new joint global effort to ensure AI is developed and deployed in a safe, responsible way. This was a nice statement but there is no real hard commitments and agreeing there are risks (which everyone already agreed upon anyway) was rather underwhelming in my opinion.
Now what was more encouraging was the announcement that under a new agreement “like-minded governments” will be able to test AI models from; Amazon Web Services, Anthropic, Google, Google DeepMind, Inflection AI, Meta, Microsoft, Mistral AI and Open AI, before they are released. All have said they will provide deeper access to their models for certain governments, though the agreement is not legally binding.
Both the UK and US have also announced they will set up AI Safety institutes that will be the mechanism to conduct such testing, in the UK the Frontier AI Taskforce will now evolve to become the AI Safety Institute, with Ian Hogarth continuing as its Chair. Essentially governments will be acting as a ‘referee’ for foundation model creators, of course the problems with referees is that they give the card after the action has taken place. So, assuming they identify a harmful model, what then?
TechMarketView subscribers, including UKHotViews Premium subscribers, can continue reading the rest of the UKHotViews article AI Safety summit concludes, but was it a success? here, which includes further analysis and a summary of the key takeaways from the chat between Prime Minister Rishi Sunak and Elon Musk.
Posted by Simon Baxter at '10:18'
