Government Investment stories

West Midlands-based Hubtel IT boosts staff by 25% and targets 2026 turnover above GBP £2.5m as it doubles down on AI and cyber security.

Motorola launches Avigilon Visual Alerts, an on-prem AI system that spots bespoke safety and security risks across complex camera networks.

UK IT leaders prioritise AI integration despite tight budgets and security risks, with 37% naming it their top focus amid rising government interest.

EXOq, a new research district near Oxford, will bring GBP £1.4 billion annually and 7,000 jobs, boosting the local economy and innovation sector.

Dr Nicole Mather has been named Chair of the Wellcome Genome Campus Science Advisory Group as it embarks on a major expansion in genomics and data science.

Ryze has rebranded North East data centre developer Latos, which aims to build 40 UK sites by 2030, focusing on AI-ready, rapid deployment facilities.

The satellite IoT market is set to grow at a 26% CAGR to reach USD $4.7 billion by 2030, driven by tech advances and rising demand for remote connectivity.

The UK's GBP £2 billion AI plan ignites optimism for tech growth, but experts stress urgent need to close the widening AI skills gap across industries.

The global intelligent transport system market is forecast to grow from USD $41.7bn in 2024 to USD $124.8bn by 2035, driven by urbanisation and tech advances.

The UK-APAC Tech Growth Programme has successfully arranged over 40 meetings for six UK tech firms with leading South Korean businesses, promoting semiconductor and AI innovations.

The global smart city kiosk market is set for robust growth, expanding from USD $26.9 billion in 2023 to USD $93.7 billion by 2034, with a 12.2% CAGR, per Future Market Insights.

BT has secured a £26m deal to supply gigabit broadband to 650+ primary schools in hard-to-reach parts of England.

Despite financial challenges, 69% of UK tech SMEs invest in young talent via low-cost recruitment, showing optimism and resilience.

43% of UK businesses call for increased government investment in the artificial intelligence sector, reveals Zoho survey.

One of the biggest challenges today is how the infrastructure industry can create a new energy future to become more efficient, affordable, and sustainable.

Swift digitization and inclusion of IoT devices in manufacturing and corporate spaces to plunge the automated test equipment market at US$23.76 billion by 2033.

According to a recently published Future Market Insights report, the 5G in defence market revenue is estimated at US$ 213.5 million in 2022.

Forrester's reports predict that tech executives in 2022 will focus on human-centered transformation, cloud-native strategies, and cybersecurity challenges.

Singapore to invest in ICT market recovery after COVID-19, with enterprise market value forecasted to grow by 3% in 2021, says GlobalData.