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The UK Brings Innovation to Life

The world is advancing at an unprecedented rate with a new technological breakthrough coming into view on the horizon seemingly every week.
Bold new concepts such as driverless cars, bleeding edge advances in Financial and Medical Technology, even tech embedded into the very fabric of the cities we live in will, we are told, transform everything we do.

But when?

The answer is right now.

Because conditions in the UK are allowing companies to find ingenious ways to transform tomorrow’s technologies into tangible applications that have real relevance for businesses in the here-and-now. They have found ways to use AI to make old age less lonely, to improve prediction accuracy for heart disease diagnosis and to neutralise cyber-attacks before they take hold of a company’s systems and data. 

The business environment in the UK enables companies to test and refine their systems to accelerate the development of new technologies, which is why Amazon chose Cambridgeshire as the place to pioneer their drone delivery service.

These are just a handful of examples of how The UK brings innovation to life.

Whether you’re wondering how the UK’s leading tech ecosystem, business support, world leading universities and innovative minds can improve your business’s productivity and drive innovation, or you’re looking to expand your operation into a market that already has the tech expertise and infrastructure to help you to hit the ground running - read on to find out more about how the UK is at the forefront of technological achievement in your sector.

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Why the UK is the best place for Innovation and for collaboration

The UK government helps thousands of overseas businesses set-up or expand in the UK every year with expert help and advice. The UK has 65 million potential consumers and is the fifth largest economy in the world. It also attracts more foreign investment than any other European country, with the lowest corporation tax in the G20, including a 230% tax relief on research and development costs.

With access to a highly skilled workforce, hiring in the UK gives Asian companies access to:

  • an innovative workforce - the UK is ranked 2nd in the G20 Global Innovation Index
  • graduates from 4 of the world’s top 10 universities
  • the largest proportion of people educated to degree level or equivalent in western Europe

Technology businesses are at the heart of the UK economy and are playing an important role in driving growth across the country, from financial services and high-value manufacturing to retail and agriculture. There are 30 significant technology clusters across the UK, the strongest venture capital environment in Europe for creating 'unicorn' companies (technology start-ups valued at over 1 billion USD). Numerous Catapult Centres accelerators across the UK.

The UK's technology economy has strengths in electronic systems, communications, data management and analytics, data centres, cloud services, artificial intelligence, cyber, semiconductor design and sensors, with clusters of tech excellence right across the country.

  • Data networks - including data centres in North and South England and Wales
  • Smart cities - including piloting low carbon technology in Glasgow and the internet of things in Manchester
  • Cyber security - key locations in South England, Northern Ireland and Wales
  • Fintech - with strong clusters in London, North EnglandNorthern Ireland and Scotland
  • Digital content production, such as gaming, publishing and film 
  • Component manufacturing - this includes microelectronics in Scotland, semiconductor technology in Wales, and mobile networks and satellites across the UK
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