Research Showing U.K. Businesses Eager to Invest in Disruptive Technology; to Include Quantum Computing
New technologies to gain funding boost over next five years
Excerpts and salient points ~
+ Quantum computing has also been a major focus for the UK government, which pledged to invest £153m in the technology in June this year.
“If firms are to continue developing the technology behind quantum computing, robotics and AI in the UK — ending political instability will go a long way to unlocking investment,” said Felicity Burch, the CBI’s director of digital and innovation.
+ Meanwhile the number of business respondents initiating investments in blockchain and other distributed ledger technologies will double from 16 per cent to 35 per cent, the survey said. A third (32 per cent) of respondents are also set to begin investing in AI.
+ The amount of firms set to invest in quantum computing is to nearly triple from 11 per cent today to 32 per cent in five years, according to a survey by the CBI and Accenture.
Source: CITY A.M. Emily Nicolle, New technologies to gain funding boost over next five years…
Content may have been edited for style and clarity.