In 2023, Statista found that around 850,000 UK businesses turned over up to £250,000. At the £1 million turnover mark, however, this number dropped to just over 123,000 businesses.
No reader of this publication needs me to tell them that finding and maintaining growth for a business of any size is not a straight and linear process. Far from it. Ambitions and expectations clash with the realities of operating a business day-to-day. What you want to do is restricted by the constraints of what you can do.
Zapp Electric Vehicles, the UK-based maker of high-performance electric two-wheelers, has secured European patents for two key components of its i300 electric urban motorcycle, which is set for its first customer deliveries later this year.
Arrow Electronics played a pivotal role in the creation of the world’s first 7nm Network Addressable Processing Unit (NR1 NAPU), now powering NeuReality’s NR1-S AI Inference Appliance. This technology offers significant advantages in cost and energy savings compared to traditional CPU-centric systems.
Cosine, a human reasoning lab focused on developing artificial general developers, has announced a significant achievement: a 30% score on the SWE-Bench, the industry’s standard for evaluating AI-driven software engineering skills.
Definely, a legaltech startup, has unveiled Definely Vault, an AI-driven knowledge management tool poised to revolutionise how legal professionals tap into and utilise their firm’s collective wisdom.
Collo, a Finnish tech startup specialising in IoT analysers for industrial liquid processes, has secured €5 million in growth funding. This latest investment round was co-led by SEB Greentech Venture Capital from Sweden and the Dutch deep tech investor FORWARD.one, with additional backing from existing investor, Danish deep tech firm Scale Capital.
Trustly, a scaleup in open banking payments, is solidifying its foothold in the UK as it forges stronger ties with pivotal partners amid a surge in payment volumes and the widespread adoption of open banking technologies.
In the fast-paced world of technology, predicting the next big idea can feel like trying to catch lightning in a bottle. Yet, for those of us deeply entrenched in the tech ecosystem – whether as innovators, influencers, or enthusiasts – staying ahead of the curve is critically important. OG presenter of the original The Gadget Show on UK TV’s Channel 5 and now host of The Gadget Podcast, Jason Bradbury, explains how to get the jump on the next big trend.
Modern marketing entails numerous expenses, even for bootstrapped startups requiring tools and services for tasks beyond their immediate capabilities.
In the competitive world of startups, conveying a clear and compelling message is crucial for success. Yet, many startups stumble over common pitfalls that can dilute their message and hinder their growth.
Today, many small and medium-sized enterprises (SMEs) are still dependent on paper-based and offline workflows, with data from Inside Government revealing that 55% of businesses across West Europe and North America are still completely reliant on paper. This means that without existing digital systems and a centralised database of historical data, the transition to AI-powered workflows can seem completely out of reach.
The Joy Club helps businesses attract, engage, and retain customers in later life through providing its life-changing community and content platform as a benefit and digital channel. The Joy Club Founder, Hannah Thomson, felt inspired after losing her Granny Jean, as she wanted to find a way to pay tribute to such an important person in her life.
Small Business Saturday has unveiled plans for its upcoming national roadshow, set to shine a spotlight on small businesses across twenty-one towns and cities throughout the UK.
Gaussion, a spinoff from University College London (UCL), has introduced an approach that significantly improves battery performance. By applying an external magnetic field during charging and discharging, Gaussion’s technology guides ions more efficiently within existing battery cells. This not only enables faster charging but also reduces cell degradation, thereby extending battery lifespan.
A recent survey of 250 UK office landlords, commissioned by workspace provider infinitSpace, has shed light on the growing trend of converting traditional office spaces into flexible or coworking environments.
MVision AI has announced that its MVision AI Segmentation (Contour+) application has received approval from the Central Drugs Standard Control Organization (CDSCO) under the “Image Segmentation Application Software” category. This milestone enables the integration of its cutting-edge image analysis algorithms into radiation therapy planning workflows across India.
SFE Services is a Buckinghamshire-based air conditioning, refrigeration and ventilation company. Founded in 2017 and based in Widmer End, High Wycombe, it is owned and managed by husband-and-wife team Grant and Sophie Davenport.
Litera, a prominent provider of legal technology, unveiled a range of substantial updates and new features to its software suite, now incorporating more advanced integrations and user-friendly generative AI (GenAI) tools.
Cyber-attacks are on the rise. From ransomware and phishing to data breaches and insider threats, attacks are not only increasingly common, but more sophisticated too.
