Call now 0208 663 4000
Or "Contact Us" and we'll call you back !




Friday 12 February 2016

UK Digital Businesses Play Essential Role in Economy Growth

Image credit: Shropshire Business Today
A study conducted by Tech City UK has revealed that digital technology businesses are playing an essential role in the UK economy's growth. The innovation that this sector is generating is profound with businesses transforming the employment landscape, driving productivity and reimagining traditional industries.

The key findings to note from the report are:
  1. Digital technology industries are a key contributor to the UK's economy, growing faster in turnover, GVA and productivity than the rest of the economy.
  2. Digital technologies are influencing businesses beyond the technology industry.
  3. The digital technology economy are creating well paid employment opportunities, three times faster that the rest of the economy, across the UK.
  4. Digital technology businesses are supporting growth across UK cities.
In partnership with Nesta, Tech City UK analysed nationwide data to understand the impact of the digital economy on wider business trends. The report found that the areas with the highest cluster of digital technology companies were benefitting from better employment rates, turnover and average salaries. The report also noted that there has been a surge in digital technology communities with almost 180,000 individuals across the country taking part in Meetups. Networks and face-to-face contact have helped these tech hub areas grow nationally and now the sector has over 1300 active groups in the UK.

Prime minister David Cameron commented: “Britain’s world leading tech sector gives us a competitive edge that is not just transforming our daily lives but also our economy. Tech is transforming the way we do all kinds of business.”
Eileen Burbidge, Tech City UK chair  added: “The UK’s credentials as a home for digital excellence have been well established, and now Tech Nation 2016 provides a new level of insight into the impressive productivity of our digital economy – driving growth across all sectors and regions of the country.”
360ict provides managed IT services and support for SMEs in central London and the south-east, including Croydon and Bromley. For more advice on gaining competitive advantage as a mid-sized company, give us a call on 0208 663 4000. 

38 comments:

  1. Now in this technological world, it is not possible to run the business without having proper communication with the clients. For this, they australian writings discount code the best telephonic and computing services to interact and communicate with the clients in an efficient way.

    ReplyDelete
  2. Hello everybody! If you wonder how to succeed in grant proposal writing, this article will shed light on the underlying principles of a successful proposal for a grant. A great thing about this specific article is that it does not focus on some specific discipline or subject area but provides general strategies that may be used in any research field. So, if you want to learn how to write a grant proposal successfully, read on.

    ReplyDelete
  3. Hello! I decided to add several words about one cool writing service that is named https://elitewritings.com/nursing-writing-services.html There you can find a lot of useful information and make your writing process easier and quicker.

    ReplyDelete
  4. Thank you for sharing this useful material. The information you have mentioned here will be useful. I would like to share with you all one useful source https://qualitycustomessays.com/buy-questionnaire-writing/ which might be interesting for you as well.

    ReplyDelete
  5. Hello. I am happy to join your discussion. I often use additional services to find new information. I can buy nursing essay. This is important to me.

    ReplyDelete
  6. The digital industry is driving economic growth – not just in the UK but in many other countries as well. It allows you to expand and take advantage of “economies of scope” If you have an IT company, you can use the same resources and the same space to launch a digital marketing agency. I have even seen IT companies providing digital marketing services and also Dissertation Writing Service England style – that’s a tribrid of services using the same space and resources. And no rule says, you have to stop here - you can even go beyond that.

    ReplyDelete
  7. Similarly some writing services charge students enormously. Each organization boasts its services and achievements on various platforms in particular on their websites. This makes students ponder that “What is the best website to buy essay papers online?”

    ReplyDelete
  8. This comment has been removed by the author.

    ReplyDelete
  9. Thanks for this the quickbooks is a easy accounting tool in which the sometimes a one common error comes in quickbooks intuit sync manager error, which comes due to sync manager error between the quickbooks software & intuit server can be resolved by quickbooks update

    ReplyDelete
  10. This comment has been removed by the author.

    ReplyDelete

  11. There are many reasons that cause Quickbooks database server manager network diagnostics failed, the very common reason is disabled Quickbooks database service. When Quickbooks database server manager is outdated this is one of the reasons, if windows firewall is blocking Quickbooks from accessing the required ports. To solve this error you can use the Quickbooks file doctor tool, you can update the Quickbooks database server manager and resolve that error, by configuring windows firewall you can solve this error, etc.
    Quickbooks database server manager network diagnostics failed

    ReplyDelete
  12. Nu kunt u vanuit het comfort van uw huis of winkel voorraden voor uw winkels of webshop kopen en deze zonder enige moeite naar uw winkel laten verzenden. Maak een keuze uit het ruime aanbod dameskleding en accessoires waaronder broeken, jassen, jurken, rokken, blazers, jeans, tunieken, tops en sweaters, etc. Bij Musthaves By Elja zijn wij een gespecialiseerde groothandel dameskleding Nederland.

    Registreer hier om ons nieuwste en eersteklas ontwerp te bekijken

    ReplyDelete
  13. Your style is very unique compared to other people I’ve read stuff from. Thanks for posting when you have the opportunity, Guess I will just bookmark this page 온라인경마

    ReplyDelete
  14. It as really a great and helpful piece of info. I am glad that you shared this helpful info with us. Please keep us up to date like this. Thank you for sharing. λ©”μ΄μ €μ‚¬μ΄νŠΈ

    ReplyDelete
  15. I found who can write my movie review on the advice of my friend. And I was surprised by the result, the review was done to me promptly, all according to the requirements.

    ReplyDelete
  16. I think that editing a personal statement is very important, on this site http://ghanaasem.com/groups/view/id_5162/ https://topswriting.com/, you will learn how to write your article, especially if you want to publish or attract the attention of someone

    ReplyDelete
  17. error 1723 quickbooks is an installation issue that might cause plenty of problems to the users. You may face the issue while trying to install or uninstall the QuickBooks application. While dealing with the issue the user may also receive the error 1723 message

    ReplyDelete
  18. Positive site, where did u come up with the information on this posting?I have read a few of the articles on your website now, and I really like your style. Thanks a million and please keep up the effective work. λ©”μ΄μ €μ‚¬μ΄νŠΈ

    ReplyDelete
  19. quickbooks database server manager is a comprehensive accounting software kit created and sold by Intuit, an American corporation. It mostly addresses small to medium-sized enterprises and is more than adequate for these business types. QB is now outfitted with cutting-edge accounting software.

    ReplyDelete
  20. quickbooks connection diagnostic tool allows you to troubleshoot network issues, data-file corruption, and other QuickBooks issues. You can use it to diagnose and resolve a variety of technical issues, including problems with files that are shared over a network in a multiuser environment.

    ReplyDelete
  21. Hey, I am so thrilled I found your blog, I am here now and could just like to say thank for a tremendous post and all round interesting website. Please do keep up the great work. I cannot be without visiting your blog again and again. Feel free to visit my website;
    μ•Όμ„€

    ReplyDelete
  22. Everything is very open with a precise explanation of the issues. It was really informative. Your website is useful. Thank you for sharing! Feel free to visit my website;
    ν•œκ΅­μ•Όλ™



    ReplyDelete
  23. I think this is one of the best blog for me because this is really helpful for me. Thanks for sharing this valuable information for free Feel free to visit my website; ꡭ산야동


    ReplyDelete
  24. If more people that write articles really concerned themselves with writing great content like you, more readers would be interested in their writings. Thank you for caring about your content. Feel free to visit my website;


    일본야동

    ReplyDelete
  25. Your content is nothing short of brilliant in many ways. I think this is engaging and eye-opening material. Thank you so much for caring about your content and your readers. Feel free to visit my website; 일본야동

    ReplyDelete
  26. You made some really good points there. I looked on the net for more information about the issue and found most people will go along with your views on this site. μŠ€ν¬μΈ ν† ν† 

    ReplyDelete
  27. This comment has been removed by the author.

    ReplyDelete
  28. Hello, i think that i saw you visited my site this i came to “return the favor”.I am trying to find things to enhance my web site! I suppose its ok to use a few of your ideas! ν…μ‚¬μŠ€ν™€λ€

    ReplyDelete
  29. What is southwest airlines flight change policy?
    You can alter your flight by calling Southwest Airlines customer care if you know the below rules.
    It is well known that Southwest Airlines does not impose fees for flight changes. You also need to know a few facts about Southwest Airlines' change flight policy.
    If you need to change your flight, do so at least an hour before takeoff to avoid paying additional costs or experiencing a price increase. If you don't cancel your airline ticket before the cutoff, you will need to do so, and there could be a fee. Ten minutes before your planned departure is the deadline.

    ReplyDelete
  30. Very informative. I am a UK Student Visa Consultant In Pakistan and I have some economy students who need to prepare for their exams. If only you could permit me to give them the permission to use your article as a reference.

    ReplyDelete
  31. Such an informative article.Traffic Lawyer Greensville VAKeep sharing more post.

    ReplyDelete
  32. Hello. I am happy to join your discussion. I often use additional services to find new information.
    Buy UK Google Reviews

    ReplyDelete
  33. "In today's digital age, the UK's thriving digital businesses are proving instrumental in bolstering the nation's economic growth. With their innovative solutions and widespread reach, these enterprises are not only creating employment opportunities but also driving productivity and fostering technological advancement. Their contribution to the economy signifies the pivotal role of digitalization in shaping a prosperous future for the UK. Most students are drawn to these types of articles and information, but they are unable to prepare for their exams, If you have been struggling with your exams and want assistance, students can do my online class - online class help and get higher grades on their examinations by providing them with the best available resources, including quality academic services.

    ReplyDelete
  34. In the ever-evolving landscape of the 21st-century economy, it's impossible to overlook the pivotal role that UK digital businesses play in fostering economic growth. These dynamic enterprises, fueled by innovation and technological prowess, serve as the backbone of our nation's economic ecosystem.

    Digital businesses are not merely entities thriving in the virtual realm; they are the architects of transformation, steering the economy towards new frontiers. By harnessing the power of cutting-edge technologies, these ventures propel sectors ranging from finance and healthcare to entertainment and education into the future. Their ability to adapt swiftly to changing market dynamics and consumer needs positions them as catalysts for progress.

    In addition to contributing substantially to GDP, digital businesses serve as incubators for talent and ideas. They provide a platform for entrepreneurial spirit to flourish, attracting skilled professionals and fostering a culture of innovation. This, in turn, creates a ripple effect, driving employment, enhancing skills, and ultimately fortifying the foundation of our economic prosperity.

    The digital landscape is a dynamic arena where the convergence of creativity and technology is giving rise to unprecedented opportunities. As the UK continues to position itself as a global leader in the digital domain, these businesses will play an increasingly integral role in shaping the economic narrative. Their ability to harness data, leverage artificial intelligence, and pioneer groundbreaking solutions not only fuels their own success but contributes significantly to the overall vibrancy of the UK economy.

    In conclusion, the symbiotic relationship between the UK and its digital businesses is a testament to the nation's adaptability and resilience in the face of evolving economic paradigms. Embracing this digital revolution isn't just a choice; it's a strategic imperative for sustained economic growth and global competitiveness. Most students are drawn to these types of articles and information, but they are unable to prepare for their exams, If you have been struggling with your exams and want assistance, students can do my class - help with my online class and get higher grades on their examinations by providing them with the best available resources, including quality academic services.

    ReplyDelete
  35. CDL training classes in Utah
    Whether you're a beginner with no prior experience or an experienced driver looking to upgrade your skills, our CDL training classes are designed to meet your specific needs. We provide a supportive and encouraging learning environment where students can thrive and develop their skills with confidence.

    ReplyDelete
  36. Digital businesses in the UK are playing an essential role in driving economic growth, and one area where they are making a significant impact is in the realm of online courses. The demand for online learning has skyrocketed in recent years, and digital businesses have risen to the occasion by offering a wide range of courses to meet this growing need.
    Contact. www.startmyonlinecourses

    ReplyDelete