NEWS - INNOVATION & TECHNOLOGY
Businesses have been urged to take action to protect themselves from cybersecurity breaches after research revealed that two-thirds of large businesses in Britain have been a victim of an attack within the past 12 months.
The Cyber Breaches Security Survey, which was carried out by market research company Ipsos Mori for the UK Government, found that over 80 per cent of consumers are concerned over which businesses have access to their data.Read more >>
A tech hub based in Swansea is to expand and offer the fastest internet connection of any hub in the UK.
TechHub Swansea was originally launched in 2013 but has now re-opened with a new building, increasing its space by 300 per centRead more >>
The Government has announced that it will be investigating employment rules that are stifling entrepreneurs and preventing them from being innovative.
The investigation, which was announced by Business Secretary Sajid Javid, will involve questioning businesses on topics such as what difficulties they face when trying to fund innovation.Read more >>
Businesses are being encouraged to enter the digital world by Google Managing Director for the UK and Ireland, Eileen Naughton.
Naughton was discussing Google’s Digital Garage, a programme that aims to provide training opportunities to help people develop digital skills, at a conference in Newcastle.Read more >>
A charity has launched a pioneering scheme to help people learn and share computer skills whilst enjoying a drink in local pubs across Cornwall.
The Cornwall Rural Community Charity set up the Digital Champion project, which is funded by Cornwall Council, to help people improve their IT skills and gain confidence when using a computer.Read more >>
The UK Government has unveiled plans to support financial technology businesses as part of a scheme to make the UK the “FinTech capital of the world.”
UK Treasury Economic Secretary Harriet Baldwin announced that three initiatives will be launched to provide support for businesses in the industry.Read more >>
One of the largest software providers in the UK has opened a new hub in Birmingham, which is expected to create 400 jobs.
Advanced Computer Software’s new flagship hub is based in Birmingham’s Mailbox complex.Read more >>
Barclays has become the first major bank in the UK to support a new Android and iPhone application that allows users to transfer currencies through various media using bitcoin.
The app has been created by US-based digital payment company Circle and allows users to send emojis, written messages and even animated GIF videos when they transfer money to recipients.Read more >>
A Huntingdon-based not-for-profit organisation has secured funding of £10.5 million through Growth Deal, which is the funding arm of the Greater Cambridge Greater Peterborough Local Enterprise Partnership (LEP).
Minister for Business, Innovation and Skills Nick Boles visited the project site of iMET where a new facility will offer training in advanced technical skills in the fields of technology, engineering, and manufacturing.Read more >>
The number of foreign business leaders has increased in the UK, according to business research company Duedil.
Their figures show that one in five UK tech companies are now led by foreign entrepreneurs, which indicates that Britain is becoming an attractive location to start up a digital business.Read more >>
Ten digital start-ups are to participate in a London-based technology accelerator launched by Virgin Media and Techstars.
The businesses, which are from locations around the world, will take part in the programme in Aldgate East, London.Read more >>
The majority of the UK’s tech entrepreneurs want Britain to stay in the EU, according to a survey by techUK. Over 250 tech business owners were surveyed, with 70 per cent stating that they were against a Brexit because EU membership is good for business.
Just 15 per cent of tech business owners said that they wanted Britain to exit the EU, whilst 15 per cent said that they were undecided.Read more >>
Innovation is on the rise amongst the UK’s small and medium businesses, according to a report by the Department for Business, Innovation and Skills. The report, which surveyed 29,000 enterprises, found that the UK has seen the biggest boost in innovation since 2010.
The survey looked at how businesses were involved in innovation from 2012 to 2014 and found that over half of UK businesses were actively engaged in developing products and introducing new services.Read more >>
The North of England’s fastest growing technology start-ups have been revealed by technology investment bank, GP Bullhound.
Manchester was found to have the highest number of companies on the list at 28 per cent, followed by 16 per cent in Yorkshire, 14 per cent in Newcastle, and the rest of the businesses located in areas such as Blackpool, Sunderland and Glasgow.Read more >>
Software company SAP has launched a new front-office solution to enable small UK businesses in the digital economy to run customer interactions more easily.
SAP Anywhere will provide businesses with a wide range of digital tools for customer engagement, e-commerce, marketing, inventory management and business analytics. Businesses will be able to have access to the tools on computers and mobile devices.Read more >>
Businesses need “fast, reliable connectivity” in order to thrive, according to business secretary, Sajid Javid. In a speech to the EEF, the manufacturer’s organisation, Javid announced a review that will provide affordable and high-quality broadband for businesses.
The announcement comes after research found that slow broadband causes businesses to lose up to a full day’s work. A recent study by Virgin Media Business found that having a slow connection is the biggest time waster for small businesses, whilst research from YouGov found that the average employee loses around 15 minutes a day as a result of slow broadband.Read more >>
Accountants and other finance professionals are becoming more aware of the risks of cybercrime, according to a study by the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA).
The study, titled Cybersecurity – Fighting Crime’s Enfant Terrible, stated that cybercrime is becoming too dangerous for accountants to ignore. However, it found that the majority of accountants and finance professionals clearly understand the importance of the issue, with over 80% saying that their management are concerned about cybercrime.Read more >>
Digital technology is crucial to the success of UK businesses, according to a report titled Understanding Digital Natives by IT provider Computacenter.
The report, which surveyed over 1,000 employees and IT managers, showed that whilst 77% of employees in the UK find technology frustrating, over 80% of employees believe that it is crucial to the success of a business.Read more >>
A data privacy self-assessment tool for SMEs has been launched by the Information Commissioner’s Office (ICO) to help them ensure that they are complying with the Data Protection Act.
The self-assessment tool will consist of a single questionnaire or a selection of checklists which can be completed online.Read more >>
Several free workshops are being launched to help small Essex-based entrepreneurs build up their businesses.
The workshops will focus on the importance of businesses having high-speed broadband, as well as covering other areas such as competitors, business promotions, social media, online sales, how to attract new customers, and blogging.
Read more >>
Big Four firm Deloitte has released its latest study identifying trends currently having an important impact on companies across various industries.
The multinational systems designer, integrator and consultant has issued its third Analytics Trends report, which was released on 13th January. The study picks out items of importance for business operation in the accountancy and financial sectors and beyond.
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