The UK technology sector is growing more than two-and-a-half times faster than the overall economy and London has been ranked as the second most connected place for tech in the world behind Silicon Valley in the US. 

According to the Tech Nation Report 2018, the UK digital tech sector is worth nearly £184bn to the economy, a rise from £170bn in 2016. The turnover of digital technology companies grew by 4.5% between 2016 and 2017, compared with 1.7% growth in UK GDP.

Why you should work with a UK-based company?

Probably the second largest IT hub in the world, the UK is one of the fastest-growing IT leaders. It is the home of over 225,000 IT & web companies based on a report delivered by Computer Weekly. Web companies from the UK provide the entire range of services and are known for good management, rich business culture, and great tech performance

What you should be aware of when working with UK web companies

A report by Tech Nation in 2018 revealed the main challenges companies and IT hubs face, is related to access to talent, affecting 83% of tech hubs. Access to funding and poor transport links were also found to be major challenges for some of the UK’s tech hubs. 

Are UK IT companies reliable?

The UK companies enjoy a high trust level on a global level and are considered reliable overall. However, due to the wide variety of web & software companies, not all UK-based companies represent the business culture, performance, and tech skills that the UK is so well known for.  This is why choosing the IT company as a partner is important. 

How the UK IT industry relates to the neighboring countries

Having a leading IT infrastructure, the IT industry in the UK increased its potential and following the global trends, just like the US, it will focus more on certifying and developing already existing professionals rather than hiring new skills.  

On the background of a fast-developing EU market, the UK looks weaker alone than in the community. Brexit has forced tech giants and many IT companies to leave for other EU countries, especially Ireland and Germany - a report from Tech Spot reveals. 

Overall, the UK IT industry will continue to be a good option for businesses that tend to expand their presence on the local market, and also for local startups, that would preferably rely on companies from the UK. 

Machine Learning is a branch of artificial intelligence, that uses data and algorithms in order to imitate human intelligence. It's like teaching computers to learn from examples and once the computer learns, it can help with all sorts of tasks, like:

• Classifying data into different categories: spam or ham/  healthy or unhealthy etc.

• Predicting outcomes,  predicting future events, such as product demand, or financial risk.

• Recommending products or services to customers based on their past behavior or preferences.

• Optimizing processes, such as supply chain management or customer service.

Machine learning is part of many AI applications such as recommendation systems, spam filtering, image recognition, natural language processing, and fraud detection.

According to a recent report by Gartner, the global market for machine learning is expected to reach $119.5 billion by 2024. This growth is being driven by the increasing adoption of machine learning in a wide range of industries, including healthcare, finance, retail, and manufacturing.

Who provides machine learning services?

As we see, machine learning is a complex field and we know that a variety of professionals are involved. Here are a few of them:

• Machine learning engineers who develop and deploy machine learning algorithms.

• Data scientists who collect, clean, and analyze data for machine learning applications.

• AI consultants that help businesses adopt machine learning technologies.

We invite you to discover which are the best ML companies in 2023 on our blog and find the best ML service providers on Techbehemoths using the filter or submitting your project and we will help to choose your perfect match. There are more than 530 companies that provide machine learning solutions.

Also, we invite you to read how AI and Machine Learning are revolutionizing the written word and what is the role of machine learning in smart city life.