Data analytics: grow your business in the UK
- one of the world’s strongest and most developed data analytics sectors
- 177% growth predicted over the next 5 years
- established government support
UK data analytics: at a glance
The total demand in ‘big data’ users is set to rise to around 644,000 across all industries.
More connectivity means more data and our companies are leading the way in collecting, processing and understanding it. From data gathering through 5G networks and low energy radio, through to data sharing with robust open data sets, our expertise extends across the full range of technological advancements.
More and more UK companies are adopting cloud-based storage solutions. Since the first research was conducted in 2010, the overall cloud adoption rate has increased by 83%, with an increase of 5% since 2016.
UK data infrastructure and talent
A well-developed data centre and cloud computing infrastructure sets the UK ahead of the competition. The UK is already the largest data centre market in Europe with over 24% of the EU total, which is growing at over 8% annually.
It’s estimated that 31,000 people work in specialist big data roles in the UK and the talent pipeline, together with demand, should see that increase by 243% over the next 5 years.
Universities such as Goldsmiths, Edinburgh and Sheffield offer degrees in big data analytics, with others offering courses in data science, artificial intelligence and visualisation. Oxford, Cambridge, University College London (UCL), Warwick and Edinburgh have launched the UK’s national centre of expertise for data science, The Alan Turing Institute.
UK government support
The UK currently has more than 30 programmes that provide investment support to new data analytics companies.
The sector is seen as vital to the economic health of the nation and this is backed up by substantial investment in the industry.
An established and thriving market, solid infrastructure and a skilled workforce point to a bright future for the UK’s data analytics sector.
The government also has up to 50 billion GBP available to support finance and insurance for supplies from within the UK to buyers outside the UK. This support takes the form of guarantees, insurance and loans issued by its export credit agency, UK Export Finance.
We can help you grow your business in the UK
Whether you’ve already decided to grow your business here or you’re just starting your research, the UK government can help you make the right decision.
Research your industry
You should research your market to help you decide if the UK is the best place for your business. Contact our Investment Services Team to get market research and other expert help and advice.
Want to move your business to the UK?
You’ll need to follow several steps before moving to the UK, including applying for visas and finding the ideal location for your business. Read our UK setup guide.
The UK government can give you free help and support every step of the way. Contact us to find out more.