Just days after British tech company Sage Group revealed its ambitious expansion strategy, Amazon has kicked off a major recruitment drive in the UK with plans to hire over 2,000 new workers, including data scientists, engineers and software developers.
Brexit uncertainty is still grating the nerves of firms up and down the country but British tech giant Sage Group has bucked the trend by revealing plans to invest over £300 million in the UK market, creating hundreds of jobs in data science and product engineering.
The Government is backing a raft of projects - from examining how technology can help boost English farms’ productivity to creating environmentally-friendly offices and homes - to the tune of £76 million in a move designed to keep the UK a world leader in science, research and innovation.
More than a third of Europe’s fastest-growing tech companies are based in the UK, following £27bn of investment in the British tech sector over the past five years, with the country now home to over 70 so-called "unicorn companies", valued at more than $1 billion (£784 million).
The UK technology sector has been handed an £18.5 million cash injection by the Government in an effort to drive up skills in artificial intelligence and data science and support more adults to upskill and retrain to boost their careers or to find new employment.
Data analytics, cloud, machine learning and AI technology will dominate the spending of chief information officers over the next three years, triggered by a growing recognition of the power of data science.