UK Tech Boom: Investment Surge Ahead Despite Covid‑19

UK Tech Scene Braces for a Cash‑Splash Post‑COVID

Confidence Index Shivers a Little, Future Looks Bright

49 % of IT decision makers think their tech budgets will bounce back thanks to pandemic lessons.
81 % of the tech workforce feels the industry is still pretty solid, a tad down from the 2020 high of 89 %.
85 % are convinced the future will be all sky‑high—five years from now.

COVID Still Sticks Around

52 % say the pandemic remains their biggest worry.
44 % admit their companies have already felt some sort of negative hit.

Bottom Line

Tech budgets are getting a second wind, even as COVID’s shadow lingers on the economic horizon.
Keep your eyes peeled; that pandemic bug might pop up unexpectedly.

IT support skills seen as key to keeping businesses going during Covid-19 crisis

IT Support: The New Safeguard for Businesses Amid A Crisis

When the world finds itself in a survival mode, one thing that tops the list of must‑haves is solid IT support. Almost 40% of respondents reckon that general IT skills are the biggest success driver in the tech field, as firms scramble to keep teams and infrastructure humming for remote work.

Why Tech Is Feeling Confident

On the bright side, the industry feels it’s got the right people to keep everything running smoothly and in tip‑top shape. 37% of IT pros say they’re convinced the sector is doing well.

Talent Retention Is Improving: A worry that used to top the charts – losing top talent overseas – dropped from 26% to 19% over the last year.
UK Public Sector Holds Ground: Although many in the public sector are optimistic about the private side’s future (12% vs 7% last year), they’re not scrambling to switch jobs in the next five years.

Security & AI: The Long‑Term Gameplans

While everyday IT support is key now, folks aren’t ignoring the looming dangers.

Cyber‑Security: Over a third (36%) say it’s an immediate need, and it will remain the top skill they want in the next year – again at 36%. It even beats cloud security (30%).
Artificial‑Intelligence: AI is slated to be the hottest new speciality for the next two‑to‑five years, ranking 37% – ahead of cyber (33%) and cloud (25%).

Industry Voices on the Current Climate

Dominic Harvey, CWJobs Director noted, “It’s no big shock that Covid‑19 has reshaped the tech playground. The morale across the sector stays high thanks to the pivotal role UK tech has played in keeping businesses afloat.”

He added, “Although the situation remains tough, the tech scene is earning the spotlight it deserves and could surge forward once the pandemic eases – especially if IT budgets climb.”

Julian David, techUK CEO emphasized, “The UK tech roots run deep, but like everywhere else, it’s shaken by this economic roller‑coaster. This new data, showing robust confidence, is reassuring – yet how we navigate the next phase is vital.”