Half of All UK Companies Fall Into Bottom Quadrant of Competitiveness, Posing Threat to UK’s Future Prosperity, New Research Reveals

LONDON–(BUSINESS WIRE)–Oct 12, 2020–

A new model of competitiveness devised by academics at Goldsmiths, University of London in partnership with Microsoft scores almost half (46%) of UK firms in the lowest quadrant, posing a threat to Britain’s prosperity as organisations rally from the impact of COVID-19, and prepare for Brexit as UK-EU negotiations reach their conclusion.

The research finds that more than half (54%) of UK organisations surveyed have seen a decrease in revenue this year compared to last year, with more than one in five (22%) experiencing a drop greater than 15%. The same proportion (22%) had to scrap an existing business model within days of entering the UK’s first lockdown, and 45% of leaders surveyed expect their current business model will cease to exist in 5 years’ time – an increase of 12% over the past year.

However, the model also identifies minimal, rapid changes that UK organisations

Read More
Read More

NVIDIA Will Build The UK’s “Most Powerful” Supercomputer To Boost COVID-19 Research

NVIDIA has announced plans to invest £40 million to build the UK’s fastest supercomputer which will be used for AI research in the healthcare sector.

The Cambridge-1 will be an NVIDIA DGX SuperPOD system capable of delivering more than 400 petaflops of AI performance and 8 petaflops of Linpack performance. This will give the supercomputer a spot among the world’s 30 most powerful supercomputers, according to Nvidia, and it will also be among the three most energy-efficient supercomputers on the current Green500 list.

“Tackling the world’s most pressing challenges in healthcare requires massively powerful computing resources to harness the capabilities of AI,” said NVIDIA founder and CEO

Read More
Read More