Consulting giants face up to AI-reckoning Consulting Shares in major consultancy firms have dropped sharply as investors fret over the impact of AI on the industry. Maria Ward-Brennan and Rosie Harris-Davison look at whether the threat is real. A bloodbath is unfolding across the professional services sector as artificial intelligence (AI) hammers the shares of global consulting giants like Accenture, IBM and [...]
UK firms race into AI as Peter Kyle urges regulators to keep pace Tech Tech consultancy firm Capgemini has urged that, despite businesses racing to roll out generative artificial intelligence (genAI), most remain aptly unprepared for the governance challenges it will bring. This warning comes just as the UK government leans on the technology to sharpen its competitive edge and cut red tape. The French consultancy’s AI survey, published [...]
Firms eye $450bn agentic AI prize, but trust is tanking Tech Companies are eyeing a projected $450bn (£336bn) economic windfall from agentic AI by 2028, but few are adequately equipped to get there. New research from Capgemini found that the overwhelming majority of business leaders – 93 per cent – believe that scaling AI agents in the next 12 months will deliver a competitive ege. Yet [...]
UK economy: Firms are optimistic but Trump’s trade wars loom large January 20, 2025 British business leaders are optimistic about growth potential but most are concerned about Trump's US tariffs and the impact of trade wars on their businesses.
UK tech leaders have high hopes for the next government June 4, 2024 As the nation gears up for its next general election, the UK tech sector is voicing its expectations for the incoming administration.
UK firms to invest £338bn on re-industrialisation in next three years, research shows April 18, 2024 Like many advanced economies, the UK has seen a relatively rapid fall in the importance of manufacturing.