UK firms are spending billions on AI – but getting extra admin in return Tech UK companies are pouring copious amounts of money into AI, while their employees spend nearly a full day each week doing work that AI was supposed to eliminate, new research has found. According to Workday, one in four UK workers loses seven or more hours a week moving information between systems, chasing down data and [...]
Profit at FTSE 100 supplier Workday almost doubles Tech Profit at the UK arm of software giant Workday almost doubled during its latest financial year, it has been revealed. The US group’s division has reported a pre-tax profit of $39.5m (£30.6m) for the 12 months to 31 January, 2024, according to newly-filed accounts with Companies House. The new figure comes after the firm posted [...]
AI can jump-start UK productivity – we just need to get over our trust issues Opinion Artificial intelligence can be the productivity cure it promises to be - but we need a little trust, writes Daniel Pell.
Workday to invest £550m in Britain to cement it as tech ‘superpower’ May 15, 2024 US software giant Workday has announced plans to invest more than £550m in the UK over the next three years.