Blog

Learning Lessons from Israel’s Startup Ecosystem

Innovation is by far the most valuable resource for the State of Israel, serving as a national asset crucial to economic prosperity. Strengthening the innovation ecosystem is the mission of the Israel Innovation Authority, which seeks to further develop and support technological innovation in Israel through various support tools. 

Seed-Stage Funding for UK Startups Falls by Over 80%

There was an 83% fall in seed-stage investment in UK startups between 23rd March and 17th May 2020 compared to the same period in 2019, according to research by Plexal and Beauhurst.

Overall UK tech startup funding saw a 50% drop year-on-year during the same period, confirming that, although many startups are struggling to raise funds, seed-stage startups have been the hardest hit.

Remote Working: Coronavirus Could Cause a Permanent Shift to Home Working

The Covid pandemic could result in the permanent move to remote working for many people, as companies are forced to encourage home working to slow down the spread of the Covid-19 virus.

After being forced to set-up a home office and get used to using cloud remote working tools, employees will be reluctant to return to commuting to the office 5 days a week and asking if they need to do this. This might be an opportunity for huge change in the way we work.

Women In Tech

Further to National Women’s Day on the 8th March, RWA delves into statistics to find that women are a minority in modern day tech. Despite the fact that women have always been instrumental in technology development, according to a survey by PwC, only 15% of employees in STEM roles in the UK are women and only 3% of females say that a career in tech is their first choice.

AI’s Impact on UK Jobs In The Future #2

The CBI is calling on the government to establish a joint commission tasked with examining the impact of AI on people and jobs across all sectors of the UK economy.

Based on research it conducted into the way that technology is changing the way we live and work, the CBI said recently that it had identified three technologies - AI, Blockchain and the Internet of Things - that are set to move from the fringes to the mainstream within the next five years.

AI's Impact On UK Jobs In The Future

Up to around 30% of existing UK jobs could face automation over the next 15 years, but new AI-related technologies will also boost productivity and generate additional jobs elsewhere in the economy, according to new analysis by PwC in its latest UK Economic Outlook report. 

The study estimates that the UK (30%) has a lower proportion of existing jobs at potential high risk of automation than the US (38%) and Germany (35%), but more than Japan (21%).

AI and Cyber Security - Grave New World

The recent cyber attack on organisations around the world, including our very own NHS, has been in the minds of professionals for a long time yet nonetheless for many others has clearly been something of a wake-up call. In the near future, as artificial intelligence (AI) systems become more capable, we will begin to see more automated and increasingly sophisticated social engineering attacks.