UK startups wasting over two weeks per year – costing the UK an estimated £37bn in GDP

UK startups and microbusinesses are wasting over two working weeks every year on admin tasks, including managing mobile phone contracts, choosing energy providers, and buying insurance – according to new research. 

The study, conducted by Beasy, which surveyed 500 business owners employing between 1-9 people, found that startup founders are spending an average of 5.5 hours per week choosing and managing the business services they need to run their company – equating to a...

23 October 2023 | Banking & Finance

UK tech spend grows at its third fastest rate in more than 15 years

Despite 90% of digital leaders in the UK expecting an economic downturn, tech spend this year is set to grow at its third fastest rate in over 15 years,

More than half (52%) of digital leaders in the UK expect their technology budget to rise, and only around one in seven expect their budget to fall, according to the world’s largest and longest running survey of senior technology decision makers.

But the Nash Squared Digital Leadership Report, in collaboration with...

8 November 2022 | Cloud Computing

IDC predicts cloud infrastructure spending this year will hit $90.2B

IDC forecasts that cloud infrastructure spending will exceed $90 billion in 2022.

In Q1 2022, IDC found that spending on compute and storage infrastructure products for cloud deployments – including dedicated and shared environments – increased 17.2 percent year-over-year to $18.3 billion.

The firm’s analysts note the strong growth is despite “tight supply of some system components and disruptions in transportation networks.”

Dedicated cloud...

4 July 2022 | Enterprise