Business: ICT

(asked on 3rd November 2017) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment the Government has made of the level of investment by businesses in digital transformation.


Answered by
 Portrait
Claire Perry
This question was answered on 13th November 2017

The latest national estimates show that, although software is the second largest private intangible investment after research & development and intellectual property, it is the fastest growing, reaching £28.2bn in 2014, over a fifth of the total (£133bn).

We know that UK businesses face barriers to digital adoption including skills shortages and we are addressing these through a number of initiatives long and short term, including the Digital Strategy; we are also carefully considering the recommendations made by the review of Artificial Intelligence and the industry-led Made Smarter review. These are given more detailed explanation in the answer I gave today to Question 111391.

Reticulating Splines