Launched the International Technology Strategy to guide UK to becoming a tech superpower by 2030

Posted 23/3/2023 by Arianna Adamo

 

 

The UK government has recently launched an International Technology Strategy, which aims to position the UK as a global tech superpower by 2030. The strategy focuses on four key areas:

 

  • Increasing investment in research and development to drive innovation
  • Developing digital skills and talent to ensure a skilled workforce
  • Boosting the growth of innovative tech firms, including through access to finance
  • Building strategic technology partnerships with other countries

 

The government hopes that the strategy will help the UK to develop new technologies, attract investment, and create high-quality jobs in the tech sector. It also aims to promote the UK's tech industry internationally and position the country as a leader in emerging technologies such as artificial intelligence, quantum computing, and robotics.

 

Here are some recent statistics about the UK tech industry:

 

  1. The UK's digital tech sector is worth nearly £400 billion ($522 billion) and employs over 2.9 million people (Tech Nation, 2021).
  2. In 2020, the UK was ranked third in the world for venture capital investment, behind the United States and China (Tech Nation, 2021).
  3. London is the largest tech hub in Europe and the third largest globally, after Silicon Valley and Beijing (Tech Nation, 2021).
  4. The UK's AI sector is worth £13.5 billion ($17.7 billion) and employs over 106,000 people (Tech Nation, 2021).
  5. The UK is the second largest fintech hub in the world after the United States, with a fintech sector worth £11 billion ($14.4 billion) (HM Treasury, 2021).
  6. Women make up just 19% of the UK tech workforce (WISE Campaign, 2020).
  7. The UK's digital economy is growing at more than twice the rate of the wider economy, with a growth rate of 7.9% compared to 3.0% (Department for Digital, Culture, Media and Sport, 2021).

 

These statistics highlight the significant contribution that the UK tech industry makes to the economy and the potential for further growth in the future.

In term of recruiting and jobs, which are the job roles that are likely to be in high demand in 2023? Stand on recent statistics, these are the main roles (but they can change during 2023):

 

  1. Artificial Intelligence (AI) and Machine Learning (ML) Engineer - With the increasing adoption of AI and ML technologies, there will be a growing demand for professionals who can design, develop, and implement AI and ML systems.
  2. Cybersecurity Analyst - With the rise in cyber threats and data breaches, cybersecurity analysts will be in high demand to help organizations protect their networks, systems, and data.
  3. Data Scientist - As more and more organizations rely on data-driven insights to make business decisions; data scientists will continue to be in high demand to analyse and interpret large volumes of data.
  4. Cloud Computing Engineer - With the move towards cloud-based infrastructure and services, there will be a growing demand for professionals who can design, implement, and manage cloud computing systems.
  5. Software Developer - As technology continues to advance, software developers will remain in high demand to design and develop new applications, software, and systems.

 

Check out our job vacancies

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