Three-fifths (60%) of UK companies are already using artificial intelligence, or plan to start using it in the next 12 months, with over a third (37%) using AI to drive business objectives, provide more efficiency and reduce cost.
The vast majority (74%) of businesses across the UK and Europe are still facing major obstacles trying to introduce new digital tools and practices to support their decision making, with nearly three-fifths (57%) of bosses blaming siloed data for their lack of progress.
Shop Direct, the online retail giant behind Littlewoods and Very.co.uk, has signed a deal with the University of Liverpool to develop a joint programme of activity across data and digital careers, as well as marketing and finance.
The Information Commissioner’s Office is ramping up its public awareness campaign - dubbed Be Data Aware - in the run up to the General Election, with the aim of reminding consumers of their rights when their personal information is used for political purposes.
Projects to improve the efficiency of the planning system, predicting demand in children’s social care and improving code sharing between local councils are among seven digital technology schemes to have received grants of up to £100,000 from the Government.
Up to 10.5 million jobs in the UK - equivalent to 30% of the workforce - are under threat from the rise of automation. But while middle-tier workers are most at risk those with data skills, and those who are willing to retrain to achieve them, could stave off the rise of the machines.
The University of Manchester is leading a consortium behind a new multimillion pound research institute, designed to bring business, academia and government together to use data science and digital techniques to discover innovative health and care solutions.
UK businesses have woken up to the fact that data is critical for driving their company forward, with analytics key to delivering better customer experiences, but have not lost sight of the need to embrace a human touch to bring the vision of a data-driven culture to fruition.