New CBI/Accenture research shows that UK businesses have ambitious investment plans when it comes to cutting edge technologies.
The Tech Tracker report contains the latest CBI/Accenture research on technology trends, innovation opportunities, and business challenges. It reveals that distributed ledger technology (DLT), AI, and quantum computing are the top technologies on many businesses’ next investment horizon.
All three are expanding the boundaries of what technology can do. Distributed ledgers offer businesses transparency and security. AI helps decision-making by unlocking big data. Quantum computing could solve complex problems that we’re unable to today.
But while these technologies are already transforming some businesses, political uncertainty, ethical risks, and individual businesses’ failure to innovate could limit their uptake and benefit to the UK economy.
Key findings include:
- Businesses surveyed are digitally transforming at pace, firmly embedding today’s hot technologies – cloud, cyber security, and Customer Relationship Management (CRM) technologies
- AI is living up to the hype. Backed by a strong business case, a third of respondents have already embedded AI in their wider operations. And it
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