NEWS
Report finds the UK is Europe ’ s most ‘ advanced digital economy ’
The UK is the leading destination in Europe for investment , global tech companies and start-ups , according to a new report from the Computer & Communications Industry Association ( CCIA ).
The study found the digital economy and online retail support £ 227 billion in economic action , with the UK ’ s digital sector adding a further £ 113 billion in gross value to the overall economy , supporting 1.6 million jobs .
The digital sector provides over 2.6 million jobs with an average annual pay of £ 45,700 , 37 % more than the UK average .
In 2022 , the UK tech sector made US $ 30 billion in venture capital investment , being the third largest amount in the world , bringing in investments from global tech giants such as Amazon , Google and Microsoft .
CCIA Chief Economist and Research Centre Director , Trevor Wagener , said : “ These findings reveal that the UK ’ s robust tech sector doesn ’ t just benefit the companies at the top – its success contributes massively to the country ’ s workers , businesses of all sizes , and the wider economy across the UK .”
The CCIA highlighted that the UK government ’ s digital efforts have been a key success over recent years . According to the report , globally the UK is one of the most digitally advanced governments .
Andy Ward , VP International for Absolute Software , said : “ The UK ’ s emphasis on technology in recent years has been a collaborative effort between government , regulators and industry to harness innovation and compete on the world stage .”
Samsonite Europe unpacks new oracle cloud solutions to serve global travellers
Samsonite , a worldwide leader in travel bags , luggage and accessories , continues to rely on Oracle Cloud to serve travellers across 100 countries in Asia , North America , Europe and Latin America .
Most recently , Samsonite implemented the latest mobile Oracle Retail Xstore Pointof-Service systems across its European stores , giving associates the freedom to help customers from anywhere . Oracle Retail Consulting led the Xstore implementation .
“ Whether in-store or online , we are committed to giving both our staff and customers the best experience through technology ,” said Vincent Van Der Schueren , IT Director of Digital Wholesale and D2C , Samsonite Europe . “ With Oracle ’ s mobile retail POS system , we are taking one more step in this journey . Together with our existing Oracle Cloud solutions , we empower our associates with the information they need to give our customers more relevant , impactful interactions while also helping move inventory across channels .”
Using Xstore together with its existing implementations of Oracle Retail Xstore Office and Oracle Retail Order Broker Cloud Service , built on the performance and security of Oracle Cloud Infrastructure ( OCI ), the luggage leader can streamline and centralise its back-office operations while putting valuable information in the hands of associates . With complete inventory visibility across channels , store staff can provide personalised service to shoppers and help ensure they get the products they are looking for .
“ As a long-time customer of Oracle , we are committed to supporting Samsonite Europe in its continued omnichannel journey ,” said Alex Alt , Executive Vice President , Oracle .
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