Did you know that more than a third of Europe’s fastest -growing tech companies are now based in the UK?
Theresa May launched the sixth annual London Tech Week saying that the UK is ‘on the cusp of the next great industrial revolution.’ The event, which takes place across London from 10 to 14 June, aims to promote the capital as a global technology hub and celebrate the UK’s technology sector with hundreds of events.
At the formal opening of the event on Monday, May hosted a roundtable for leading technology firms like Microsoft UK, Google and other 12 technology companies where they discussed ways technology can be used to boost the economy, competition and tackle social challenges.
"We want the UK to be the place everyone thinks of – and comes to – first when they want to develop their world-changing tech ideas,” she said. “This is a challenge shared between industry and government."
May announced ambitious investment commitments to the UK's tech industry totalling around £6m, including 2,500 places on artificial intelligence and data conversion courses to start next year and the launch of a study which will look to identify ways to ensure the UK remains competitive and attractive to businesses.
In recent years some of the world's biggest tech companies have moved into London, including Apple's new base in Battersea and new headquarters for Facebook and Google in King's Cross.
"London is Europe's leading tech hub and is helping to create even more jobs and investment for the capital and the wider UK economy," said mayor of London Sadiq Khan.
"As our city's tech ecosystem continues to grow it's important that we encourage greater inclusivity and diversity across the tech sector and ensure that London stays open to investment and talent from around the world."
UK-based accounting tech
BTCSoftware is proud to be a UK based Accounting software company with all development held within the UK. “We are proud to invest in people and technology at BTCSoftware. This is to remain relevant to our industry, businesses and of course stay ahead of the times,” said CEO Rob Ellis.