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Introduction

The UK’s 2015 national budget highlights the importance of technology to the UK government, but for government departments it increases the pressures of being expected to reform IT and offer increasingly sophisticated digital services despite dwindling funds.

Highlights

  • The budget offers support to the emerging technologies that are expected to fuel future economic growth, such as financial technology (FinTech) and the Internet of Things (IoT). However, it does so without making particularly large investments in either government IT or the wider tech industry. On the whole, investment in the digital economy is spread widely and thinly.

Features and Benefits

  • Understand Ovum's view on the UK's 2015 national budget.
  • Identify the likely areas of investment by the UK government after the 2015 budget.

Key questions answered

  • What areas of technology is the UK government supporting?
  • What do CIOs need to do in response to the 2015 budget?

Table of contents

Ovum view

  • Summary
  • Innovative solutions will be required to address the scale of cuts facing departments
  • Flagship digital projects will rely on each other’s success
  • Supporting research is not enough to break the inertia in UK smart cities markets

Appendix

  • Further reading
  • Author

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