Search Results for: digital

Unlocking government’s mapping and location data will boost economy by £130m a year

Unlocking government’s mapping and location data will boost economy by £130m a year

The UK Government has announced that key parts of its OS MasterMap will now be made openly available for the public and businesses to use. It estimates that this will boost the UK economy by at least £130m each year, as  companies and startups use the data. The release of OS MasterMap data is one of the first projects to be delivered by the new Geospatial Commission, in conjunction with Ordnance Survey. The aim is  to drive forward the UK as a world leader in location data, helping to grow the UK’s digital economy by an estimated £11bn each year. The data can be used for a variety of purposes including navigating public transport, tracking supply chains and logistics. It is also essential for the application of drones and autonomous vehicle technology. Today’s announcement follows the launch of the first GovTech challenge in May this year – a competition designed to incentivise Britain’s tech firms to come up with innovative solutions to improve public services. These competitions will be delivered using the £20m GovTech fund launched in November 2017.

The CIPD says adoption of people analytics in the UK by HR is still too low

The CIPD says adoption of people analytics in the UK by HR is still too low

CIPD says UK lags behind other markets in people analytics confidence and capabilityOrganisations with a strong people analytics culture are much more likely to report strong business performance claims new global research from the CIPD in association with Workday. However, the survey also highlights that the wide scale adoption of people analytics practice is still low and that more needs to be done to improve skills and confidence in the HR function, particularly in the UK which is lagging behind other markets in both capability and confidence. The research also highlights the importance of access to data. It found that access to people data improves outcomes but only 71 percent of HR professionals have access to this data, and just 42 percent of finance professionals do. For those with access to people data, just 22 percent use it daily in their decision-making and almost a quarter (23 percent) use it in decision-making just once a month or less. The research, People Analytics: driving business performance with people data, surveyed 3,852 business professionals globally – including HR and finance professionals – to understand attitudes towards people analytics and how it is being used in organisations.

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UK skills shift as organisations digitise and automate operations

UK skills shift as organisations digitise and automate operations

UK skills shift as organisations digitise and automate operationsAlmost half (49 percent) of companies are struggling to find skilled workers as digitisation and automation cause significant change in the skills businesses look for in professionals, according to new data from Robert Half UK. As a result, one fifth (21 percent) are now looking to recruit candidates with exceptional soft skills, with a view to developing the desired technical skills on the job. In the Robert Half research, UK business leaders consider an openness to new ideas (28 percent), an openness to change (26 percent) and good communication abilities (19 percent) as key attributes and will prioritise these areas when considering new talent. Digitisation and automation are rapidly evolving the business world. Companies are having to quickly adapt to the changing world of work, and are looking for employees who can keep pace,” says Matt Weston, UK Managing Director at Robert Half.

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British employees less confident and more stressed over last three years

British employees less confident and more stressed over last three years

UK employees could be heading for crisis, according to a three-year study by ADP, which has found that three key measures of employee wellbeing – optimism, stress and skills confidence – have taken a hit since 2015. The exact reason for the changes is unclear, however the timings suggest that Brexit may have played a part, along with the rise in new technologies entering the workplace.

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Areas of UK still suffering from poor connectivity and broadband speeds

Areas of UK still suffering from poor connectivity and broadband speeds

Businesses looking to invest outside of London may be deterred by the UK’s still unreliable digital infrastructure or below-average internet speeds in many areas. New data from GoCompare reveals the UK locations with the best digital infrastructure for businesses keen to relocate. The study suggests that soaring costs in the capital and post-Brexit uncertainty are combining to create a dynamic environment for businesses in the UK’s regions. A CBI report estimated that a total of £208bn in revenue could be unlocked if the regions are properly invested in. Already, 68 percent of investment in digital tech went to businesses in regional hubs outside of London.

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Overwhelming majority of property professionals now view proptech as an opportunity

Overwhelming majority of property professionals now view proptech as an opportunity

The vast majority of property professionals in the UK now regard proptech as an opportunity rather than a threat, new research has found. However, a majority also remain sceptical about their own organisations’ progress on adopting new technology. Those are the key findings of a survey of more than 300 property professionals carried out by Trident Building Consultancy, in association with RICS, GoReport and Teesside University.

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Women are less optimistic than men about the future of work

Women are less optimistic than men about the future of work

Women in the US are less optimistic than men about the future of work, according to a new survey from B2B research firm Clutch. When asked how they view their future career, more than a quarter (27 percent) of working women feel worried or neutral, compared to 20 percent of men. Workers overall have a positive outlook about their future careers, the survey finds. Over three quarters (76 percent) are optimistic about their future careers, compared to 1 in 5 workers (20 percent) who say they are worried. However, gender differences correlate with other factors that impact optimism, including decision-making authority at work, according to the survey’s findings.

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Additional 1.5 million people planning to trade the rat race for the gig economy

Additional 1.5 million people planning to trade the rat race for the gig economy

Rise of the gig economy is transforming the UK employment landscapeMore than 6 million UK adults are already self-employed or working as a contractor in the so-called gig economy, with a further 6 percent of currently  full-time professionals looking to make the transition this year. New research of more than 2,000 UK adults commissioned by WeMa Life claims to reveal how the rise of the gig economy is transforming the UK’s employment landscape, with one in five (19 percent) working adults currently identifying themselves as being a freelancer, sole trader or self-employed. The study found that 71 percent of gig economy workers identified flexibility as the biggest appeal for working on a contractor or temporary basis. Furthermore, having control over the hours and types of jobs undertaken has also empowered a new section of the workforce that were previously unable to access full-time employment – it was uncovered that nearly half (46 percent) of those working in the gig economy do so because they are not in a position to work a full-time job due to other commitments in their life.

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Majority of global workforce now work somewhere other than the office every week

Majority of global workforce now work somewhere other than the office every week

Majority of global workforce now work remotely from the office every week

Technological change, globalisation and changes in employee expectations mean that over two-thirds of global employees now work remotely every week, and over half do so for at least half of the week. Though it must be said this is according to a new study from IWG, which is the parent group of workspace companies including Regus and Spaces, the study found that every week 70 percent of employees are working at least one day a week somewhere other than the office. More than half (53 percent) work remotely for half of the week or more, whilst more than one in 10 (11 percent) people work outside of their company’s main office location five times a week. The survey adds also that flexible working and the use of shared workspaces are no longer the preserve of start-ups. The world’s most successful businesses – including varied companies such as Etihad Airways, Diesel, GSK, Mastercard, Microsoft, Oracle and Uber – are already adopting a flexible workspace approach.

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Australia is leading the world in the adoption of activity based working

Australia is leading the world in the adoption of activity based working

Over half of those employed in the banking sector in Australia now find themselves in agile and dynamic activity based workplaces. The banks have set the pace. The overall growth of the phenomenon has been exponential in the last 5 years, with sources suggesting two thirds of Australian organisations will have adopted Activity Based Working (ABW) by 2020. Furthermore, by looking at the number of Activity Based Working projects in the pipeline this move away from the 20th century office seems unstoppable. Despite global economic challenges the banking sector in Australia is particularly strong and stable, which contributes to the organisations’ ability to take a long term view. Alongside this robust financial picture we are also seeing a shift in purpose emerge, where the banks move away from a purely financial role to one where they embrace a sense of community and stewardship thus developing a broader contribution to society.

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Nearly half of workers blame technology issues as top reason for lack of productivity

Nearly half of workers blame technology issues as top reason for lack of productivity

Nearly half of workers blame technology issues as top reason for lack of productivityEight in ten workers use their personal smartphones for work purposes to make their jobs easier as almost half report wasting 10 minutes per hour in their working day due to their employers’ ineffective technology. According to the 2018 Connected Worker survey from Deloitte – just under half (49 percent) of respondents said they waste an average of ten minutes for each hour worked, in a median 35-hour week. Of the reasons given, 44 percent cited issues with technology, such as non-working or lack of devices as the main reason for not being productive at work. Workers compensate for the lack of employer provided technology with their own devices, with eight in ten (81 percent) already using their personal smartphones for work purposes. Over half (54 percent) of the workers feel they have the skills to use more technology at work.

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UK technology sectors continues to outpace rest of the economy, and not just in London

UK technology sectors continues to outpace rest of the economy, and not just in London

The UK’s digital technology sector continues to grow faster than the rest of the economy, according to the latest Tech Nation Report for 2018. Turnover of digital tech companies grew by 4.5 percent between 2016-17 compared to UK GDP which grew by 1.7 percent over the same period. This means that the tech sector grew at 2.6 times faster than the rest of the economy. At the same time the number of jobs in digital tech rose five times the rate of the rest of the economy, demonstrating how the digital tech sector is one of the best performing sectors in the UK economy. 2017 proved to be an amazing year for the UK digital tech sector with some of the biggest fundraisings and exits seen in years, as international investors flocked to fund UK-based firms, according to the report. British digital tech companies raised £4.5bn in venture capital investment during the year, almost double the previous year.

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