New research reveals the most innovative industries in the UK. 

The research, undertaken by Tide, analysed the 50 most popular sectors in the UK, found out how much each industry was spending on research and development and calculated to reveal the most innovative industries.
The top 10 industries spending the most on research and development:

Rank

Industry

2019 Research and Development Expenditure (£)

1

Manufacture of motor vehicles, trailers and semi-trailers

2.5B

2

Manufacture of other transport equipment

2.0B

3

Architectural and engineering activities

1.6B

4

Wholesale and retail trade; repair of motor vehicles and motorcycles

1.3B

5

Manufacture of computer, electronic and optical products

1.3B

6

Manufacture of machinery and equipment n.e.c.

817M

7

Financial and insurance activities

690M

8

Manufacture of basic pharmaceutical products and pharmaceutical preparations

603M

9

Manufacture of fabricated metal products, except machinery and equipment

590M

10

Activities of head offices; management consultancy activities

374M

The biggest industry in terms of R&D spending is the manufacturing of motor vehicles as technology such as driverless cars, better electric batteries, and the mass production of hydrogen-powered cars are being pursued.
Manufacturing of other forms of transport spent almost as much as the motor industry on R&D in 2019, focusing on improvements to rail and air transport. Some of this spending fuelled research into the proposed next generation of supersonic airliners.
The third most innovative industry is architectural and engineering activities. New architectural ventures, such as sustainable homes, and engineering projects into renewable energy sources, are being well funded as the country attempts to battle the effects of climate change.
Retail and wholesale trading is the industry spending the fourth-highest amount on R&D. As the face of shopping adapts to a more digital world, research into new products and services is vital for retail companies to stay afloat in challenging times.
Further insights:
  • Advertising and market research companies have seen the biggest increase in R&D spending in a five year period between 2014 and 2019. An increase of over £300 million (or 1059%) in that time period.

  • When looking at the 2010s as a whole, the biggest increase in R&D spending took place within the accommodation and food services industry, with a growth of over 2300%.

  • Amazon is the company spending the most on research and development with an annual expenditure of £16.5 billion, followed by Alphabet (Google) with an annual R&D spend of £11.8 billion.

StudentDigz doubles size with new Swansea acquisition

StudentDigz, Swansea’s largest independent student letting agency, has completed the acquisition of a large Swansea-based lettings business in a deal that doubles the size of the company’s portfolio of properties under management.

The deal means that StudentDigz is now responsible for letting or fully managing more than 500 properties in South West Wales, which become a home to some 2,000 students every year. It now employs seven staff in Swansea as well as an even larger number of subcontractors that manage the upkeep and repairs of the properties.

Since the deal was first signed in late 2020, also the year in which StudentDigz celebrated its 20th anniversary, the company has also successfully integrated its range of cloud-based technologies making the experience of both students and landlords faster and more efficient.

The technology means the invoicing and payments process is now fully automated and gives students access to a virtual portal where they can easily report problems or required repairs virtually, ensuring a speedy solution is reached for all parties – and any tradesperson required arrives with the right tools or replacement parts.

Mark Hobbs, owner and founder of StudentDigz, said:

“I am delighted to have completed this acquisition, which was a landmark deal for us instigated in the same year we celebrated our 20th anniversary as a company. The deal effectively doubles the size of our portfolio, meaning we can offer a great choice to students, a better service to landlords and invest in further job creation in the Swansea area.

“I am also pleased with the way in which we have successfully integrated the new portfolio into our existing systems and technology. Our cloud-based software also means a more efficient customer journey for students and landlords and we are already seeing the fruits of that in satisfaction levels.”

Maximising Your Investments Through Security Automation

Written by Noor Boulos 

Let’s face it, we’ve talked about security automation for years. We’ve grappled with what, when and how to automate. We’ve debated the human vs machine topic. And at certain points, when we’ve been “burned” (automatically shutting down systems in error), we’ve wondered if there’s any place at all for automation. But in our heart of hearts, we’ve known for years that automation is the future. Now the future is here.

While most organisations had at least minimal automation of key security and incident response (IR) processes, the events of 2020 served as a tipping point. The new SANS report discusses how the global pandemic forced many organisations to accelerate their plans for automation, where they are prioritising their investments and the plans they have for the future. The survey spanned companies of all sizes, representing a diverse blend of industries and with operations in North American, Europe, Asia Pacific and Africa.

 

Some of the key findings include:

  • Nearly one-third of organisations indicated that their plans for automation accelerated because of the COVID-19 pandemic.
  • More than 80% of organisations have at least partial automation of key security and IR processes, up from 47% in 2020.
  • Drilling deeper, IR processes saw the most significant growth in automation – with extensive automation jumping nearly 18%, from 10.5% in 2020 to 28.3% in 2021.
  • Security operations and event or alert processing remains the top area for automation with 35.5% reporting extensive automation.
  • The future looks bright for security automation, with 85% planning on automating key security and IR processes in the next 12 months alone.

 

As you look to the future and use these survey results to help better understand how to expand your use of automation within your security operations, it’s important to consider when to apply automation within the security lifecycle to maximise business value. At ThreatQuotient, we have long believed that data is the lifeblood of detection and response automation, so the key to effective automation starts with data. Let’s take the two primary use cases in the report, Alert Triage and Incident Response, as examples.

 

Alert Triage:

Analysts are inundated by the number of alerts that require human attention, generated by noisy SIEM rules and default defense infrastructure. In an attempt to reduce the volume and velocity of security alerts they must tackle on a daily basis, analysts apply external threat data and threat intelligence feeds directly to the SIEM, but challenges continue for two main reasons. First, the amount of external threat data is staggering. Sending all of this data directly to the SIEM for correlation results in tons of non-contextual alerts, each of which requires significant work by an analyst to research. Second, there is a lack of decision support capabilities in current tools to provide additional context and understanding to determine relevance, before applying threat intelligence feeds directly to the SIEM. Prioritisation is imperative to focus and determine the appropriate next actions to take during the alert triage process.

With the ThreatQ Platform you can address the alert triage challenge and stop the useless alerts before they happen by ONLY feeding threat intelligence that is relevant to the organisation. By automatically applying context, relevance and prioritisation to threat data prior to applying it to the SIEM, the SIEM becomes more efficient and effective. Customised threat intelligence scores based on parameters you set, coupled with context, allows for prioritisation based on what’s relevant to your specific environment. Now, using a subset of threat data that has been curated into threat intelligence, the additional overlay allows the SIEM to generate fewer false positives and encounter fewer scalability issues.

 

Incident Response:

The current approach to Security Orchestration, Automation and Response (SOAR) has focused on automating processes. The challenge is that when applied to detection and response, process-focused playbooks are inherently inefficient and complex because the decision-making criteria and logic are built into the playbooks and updates need to be made in each playbook. This complexity grows exponentially as you increase the number of playbooks. Automating and orchestrating noisy data just amplifies the noise.

With ThreatQ TDR Orchestrator you can take a simplified, data-driven approach to SOAR, where the data, or information, drives playbook initiation and data learned by actions taken is used for analytics and to improve future response. Putting the “smarts in the platform” and not individual playbooks provides for simpler configuration and maintenance, and a more efficient and effective automation outcomes. Users can curate and prioritise data upfront, automate what’s relevant and simplify actions taken.

 

Alibaba Nowcasting Delivers Precise Weather Predictions

Alibaba DAMO Academy, the global research initiative by Alibaba Group, has unveiled a cloud-based AI-powered nowcasting platform capable of predicting short-term weather conditions up to six hours in advance.

The Short-term AI Weather Forecasting Platform, now available to Alibaba Cloud’s clients in China, produces high-resolution imagery with one-kilometer grid spacing with updates available every 10 minutes. Capable of tracking rainfall and wind speed, as well as severe weather conditions such as thunder and hailstorms, the platform promises to deliver tangible value to weather-dependent sectors, including agriculture, logistics, transportation and renewable energy.

For farmers, a timely and accurate weather forecast can minimise damage to crops and livestock; couriers can schedule their routes efficiently on rainy days; and photovoltaic power stations can use cloud formation predictions to better prepare their electricity trading plans.

“Nowcasting has proven a critical technology to help various sectors make informed weather-related decisions. Global technology players are working hard to develop technology-based services that utilise reliable climate data from their respective countries,” said Rong Jin, Head of the Machine Intelligence Lab at Alibaba DAMO Academy.

“Using our cutting-edge algorithms and cloud technologies, we have significantly advanced our nowcasting capabilities in China. By doing so, we aim to help businesses meet their climate-related challenges and mitigate the risks of unpredictable weather,” Jin added.

The AI-based forecast platform, co-developed by Alibaba DAMO Academy and the National Meteorological Center in China, incorporates a convolutional neural network (CNN) model to effectively extract features from radar reflectivity and meteorological satellite images.

A trained machine-learning model is capable of performing highly accurate and close-to-real-time local weather forecasting in minutes, while Generative Adversarial Network (GAN) works to generate forecast images with exceptional clarity and detail. This AI-based prediction model outperforms the traditional physics-based model, for example the Global/Regional Assimilation and Prediction System (GRAPES) which requires hours to generate forecasting data, by increasing the speed and accuracy of reporting.

Alibaba is committed to using technology innovation to help solve the environmental challenges for industries that require actionable climate-related insights to support their daily operations. For example, grape farmers in Wuhan are using Alibaba Cloud’s IoT system to analyse data from the surrounding environment – including soil, humidity and sunlight – to better plan their water and fertiliser management, while pear farmers in Anhui province and pineapple farmers in Hainan province are benefiting from “modern digital farms”, powered by Alibaba’s latest cloud and AI technologies.

SO Modular boosts team with senior appointment

SO Modular, the timber frame construction specialist, has strengthened its team with a new senior appointment – commercial manager, Gareth Whitney – as it continues to expand its fast-growing, innovative and sustainable business.

Whitney has joined the innovative, Welsh company to manage its commercial department and explore new commercial opportunities for the firm, as it gears up to increase production by 700% at its modular manufacturing facility in Milland Road, Neath.

Whitney comes to the role with 20 years’ experience within the construction industry: 17 years as an established quantity surveyor/commercial manager and three years as a senior quantity surveyor.

During this time, he has worked for well-known construction firms Persimmon Homes, David McLean Homes, D&K Carpentry Contractors and, most recently, J.G. Hale Construction.

Gareth Whitney, newly appointed commercial manager at SO Modular, said:

“This is a very exciting time to be taking on the role of commercial manager at SO Modular. The company’s new facility is ready to make the dramatic seven-fold leap in production capacity, so I am very keen to start developing new commercial opportunities and connections for the firm.

“Sustainability in building design and construction is vital if we are to start addressing our impact on the environment, so the future for innovative, sustainable, eco-friendly homes is incredibly bright. The way that SO Modular looks to improve its own carbon footprint at every turn is inspiring, and the way it is constantly looking to innovate makes the company very forward-thinking. This ethos is something that especially excites me about the company and my new role within it.”

Charlotte Hale, operations director at SO Modular, said:

“It’s great to have someone with Gareth’s extensive experience on board at SO Modular. Gareth understands the construction industry inside and out and is passionate about ensuring the future of construction is sustainable. As such, we are sure he will do an excellent job working to develop our commercial opportunities and connections.”

The Top Principles in Design You Should Follow for Your Website in 2021

The best websites will always have one thing in common: they will all exhibit great design. Good design is the core of your website’s success, and it will only be effective if you make it a point to follow some proven principles when it comes to design. For example, if your website is confusing and overwhelming and you can’t seem to retain visitors long enough for them to convert to leads, it may have something to do with your design. In fact, it may be precisely because of it! But what can you do to improve its design and ensure its success in this day and age? Here are the top principles in design you should follow for your website in 2021

 

  • The importance of hierarchy

Visual hierarchy is one of the most critical design aspects for any website, and it’s a fundamental requirement. Know that some portions of your site are more crucial than others, so you want your visitors to pay attention to these portions through forms, calls to action, and propositions.

You can create visual hierarchy through colour, size, contrast, imagery, white space, typography, style, and texture, as explained by the creative website designers from Expre Digital Ltd. It helps you provide a focal point for your site visitors to see the most essential info easily. For instance, if you want to improve your calls to action, do it with different sizes, fonts, styles, and colours from the rest of your site copy.

 

  • Accessibility as a priority

You can’t afford to ignore the importance of accessibility, either. Once visitors arrive at your website, can they easily access the information they need? Your site should showcase legible text and display colours that are not too strong or harsh. Your site background should also blend seamlessly with your content and mustn’t overpower it.

In terms of accessibility, ensure that your website is also easily accessible through various devices, from tablets to smartphones and laptops and desktops. You should also be consistent with your menus and recommend fixes if visitors make any errors, and use labels and headings that are clear and legible. You can even go as far as offering different ways to find your site pages and make sure that the focus on your keyboards is clear and visible as well.

 

  • The relevance of white space

In the 90s, website owners were all about cramming their websites from top to bottom with an overwhelming array of information. But designers have always stood for the relevance of white space, and white space is crucial if you want your site to appeal to users and grab their attention. If your site is too complex and cluttered, your visitors will undoubtedly become overwhelmed, failing to see and understand your main message and take action. A clean and simple website has been proven better by science, and negative (or white) space is another fundamental principle you should follow.

 

To give you a better idea: it’s the space you often see between margins, graphics, copy, columns, and other site visuals, and it lets your pages breathe.

 

  • The Golden Ratio rule

Lastly, remember the Golden Ratio – it’s a time-tested principle in design that is still as reliable and relatable today as ever. When you follow this pattern, which is naturally occurring, it will make your site more appealing and pleasing as well.

 

Image attributed to Pixabay.com

 

 

 

Why it Makes Complete Sense to Get a Virtual Assistant in These Times

Many points favour hiring a virtual assistant for work or personal reasons (or both), and many individuals have already taken that step and have benefitted greatly from it. You may even have a good knowledge of some of the reasons why and how a virtual assistant can help you, such as letting you save time and giving you the chance to focus on other aspects. Still, there are other reasons why there is a rise in the hiring of virtual assistants nowadays. But what can hiring one do for you? Here’s why it makes complete sense to get a virtual assistant in these times.

You can have peace of mind

This may be an obvious thing, but let’s delve further into why it is a big deal. By getting a virtual assistant to help you with various tasks, you can rest in knowing that an expert is assisting you. Most virtual assistants these days are not just trained to answer your calls or respond to queries – they are also well-versed in other matters, including blog posting, social media management, and the creation of business plans, amongst others. So if you rely on one, you can have peace of mind knowing that whatever task you have them do will be done in the best possible way – perhaps even better than you can do it yourself.

You can save more

Hiring a virtual assistant is a lot more cost-effective than taking on a new employee altogether. Since they work virtually or remotely, you don’t have to worry about their equipment and your overhead expenses. Since they are not technically your employee, you don’t have to deal with sick days, vacation leaves, the cost of recruitment and training, and so on. Your virtual assistant will work by the hour, and you will pay them by the hour, so there’s no wasted time. They will be productive from the get-go, unlike a regular employee who may spend more time chatting around the water cooler than working!

You can easily scale up (or scale down)

Since you have lower costs when you hire a virtual assistant, this gives you more freedom and flexibility to scale up (or scale down) when necessary. In addition, virtual assistant services not only help you reduce your overhead and equipment costs – they can work on an as-needed basis, so you don’t have to contend with a fixed salary, either.

They can take care of various tasks

This is quite obvious as well, but it’s still a crucial aspect to remember. We all have to deal with a lot of administrative tasks, but they are often time-consuming and take a lot of effort. But your virtual assistant can take this burden off your shoulders from the beginning – they can deal with your calendar and schedule as well as your emails, phone calls, travel plans, social media, and more. With this, you’ll find it a lot easier to focus on what you really need to do and can even spend more quality time with your family and those who matter. In addition, you have complete access to someone with a different set of skills, and with their help, you can be more productive and more content with your work-life balance.

Image courtesy of Pixabay.com

Sustainable pharmaceutical practices: How Bachem is prioritizing their sustainability goals

Looking beyond the financial bottom line and showing consideration for the environment and society is a more astute business decision than usually assumed. It’s not just investors who pay attention to corporate social responsibility, it’s also consumers. More pharmaceutical companies need to treat employees, society and customers well, and commit to greater sustainability and environmental consciousness.

Bachem is keen to share how they are implementing sustainable practices and how other companies can address their production processes and optimize supply chains to enhance environmental sustainability.

The implementation of a CSR management system

The Bachem Group’s corporate social responsibility (CSR) strategy is aligned with UN Sustainable Development Goals. The strategy includes their CSR Vision and Mission and lays out how to manage and measure their progress so that they can meet their annual CSR goals. For more than 20 years, Bachem participated in the Responsible Care® program. In 2020 they introduced a new program for CSR, and have since received an EcoVadis Silver Rating, indicating that Bachem Group is one of the top 25 most socially responsible companies.

At Bachem, health and wellbeing is at the top of their priority list, and this is what motivates them to provide the highest quality goods and services to their customers. Especially since their support enables Bachem to continue developing medicines and drugs, while maintaining their position as the market leader in peptide production after 50 years in business.

Continuous improvement through ambitious targets

Bachem’s mission for social responsibility focuses on ensuring that the company is a good employer and behaves ethically towards both people and the environment. This motivated the Board of Directors to meet in 2021 to set long term goals in areas like occupational health and safety, diversity, equal opportunity, sustainability and energy efficiency.

Fighting climate change by being energy efficient

Manufacturers, like Bachem, need energy in order to function. However, as a company they are keen to see the link between growth and unsustainable energy and resource consumption broken. The company is aiming to achieve the BoD’s ambitious target of 20% less energy consumption per FTE by 2026. The arrival of new production facilities will make this a difficult goal to reach, but not an impossible one.

Bachem recognizes and supports the Paris climate change agreement and is enthusiastic about participating in the battle against global warming. By 2026, Bachem intends to have reduced their energy consumption and employed additional measures to halve their emissions by 2026. This includes both Scope 1 and Scope 2 greenhouse gas emissions and by 2030, aim to be entirely carbon neutral.

High importance on employee wellbeing

Bachem places the utmost importance on their employees’ wellbeing. Bachem is aware that they need people with brilliant skills and innovative ideas in order to produce great results for their  customers. That’s why, as a company, they maintain very high standards of occupational safety, and take the best possible care of employee health. As part of their vision for the great work environment they want to create, Bachem is aiming to cut accidents down to zero. If they achieve this, it will slash time lost to such incidents back to just one in 200,000 working hours.

Diversity and equal opportunities

Every employee contributes in their own unique way to the success of a project, and Bachem feels strongly that maximizing diversity and inclusion helps to foster creativity.

Bachem provides equal terms of employment to every staff member, and carries out regular wage gap analysis to quickly identify and correct any inequalities, and ensure appropriate consequences. Bachem is also making considerable efforts to bring more women not only into their overall workforce but specifically into upper management and regional executive committees. Bachem hopes that there will be 10% more women in these roles within the next 5 years. The company also hopes to ensure that their workforces accurately reflect the demographics of the communities in which they are based, with all significant groups and minorities represented.

CSR leadership

Bachem intends to establish itself, not only as the leading manufacturer of peptides and oligonucleotides for research, clinical development, and commercial application, but also as a company which takes responsibility. Bachem will continue to be committed to sustainability and corporate social responsibility, ensuring that they meet targets and deliver consistently in this area.

Growth in Electrical Engineering Pushing Salaries Up

In this modern world we live in, it’s hard to imagine a life without electricity, and this is why the world needs electrical engineers. 

Electrical engineering is a promising career for young professionals, especially in this day and age where there are literally thousands of job opportunities for electrical engineers out there. As an electrical engineer, you can work in any field that utilises electricity, from multinational firms to government organisations. Moreover, electrical engineers are some of the highest-paid professions nowadays, earning an average salary of £34,984 per year.

 

Industry 4.0 Pushing Electrical Engineering 

Industry 4.0, also known as the Fourth Industrial Revolution, refers to the digital transformation of manufacturing or production-related industries. It uses modern control systems, embedded software systems, and the Internet to enable new methods of value creation, production, and real-time optimisation.

While some Industry 4.0 technologies will replace some jobs, they can also create many more jobs. These jobs will come from various fields, but one of the most significant areas is electrical engineering. Companies would still need to hire creative, skilled, and innovative engineers that can create, implement, support, and manage solutions, platforms, systems, and technologies that are now possible in the age of Industry 4.0.

 

Electrical Engineering Growth 

Electrical engineering is an industry that companies around the world can benefit from. Thus, job prospects for those who graduated in the field of electrical engineering are fantastic. In fact, the UK does not have the growth rate needed to meet the increasing demand for quality electrical engineering recruitment around the country. And as expected, when the demand outnumbers the supply, the salary pay increases!

Given the rapid growth rate in the technology industry, the demand for young and creative electrical engineers is always on the rise. Young and innovative engineers are constantly needed to give birth to new ideas and become at the forefront of these sectors.

 

Salary Increases 

The starting salary for electrical engineers is well above the national average for starting salaries. In fact, starting salaries in the electrical sector are higher compared with those in the Law, Business Management, and Computer Sciences sectors. 

The salary pay scale of electrical engineers is quite broad since engineers have varying roles and responsibilities, and some companies are willing to pay more than others. If you are an electrical engineer holding a master’s degree, you can expect to receive an average salary of £39,715. On the other hand, electrical test engineers have an average pay of £26,963. Electrical test engineers are responsible for planning, devising, and carrying out quality and safety tests on various electrical equipment. As for the junior electrical engineers, their average annual salary is £27,000. But for those with a high level of experience, the pay can go as much as £38,000.

Given the average annual salary that an electrical engineer can receive, those working in this field can enjoy a better standard of living in the coming years. This also means that the money you spent taking up an electrical engineering course can be repaid faster compared to several other industries.

 

Alight appoints Jordana Sherman as International Marketing Director

Alight Solutions (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, announced Jordana Sherman has been appointed to the role of international marketing director. Jordana will lead a team of country marketing managers across Europe, Asia Pacific and Latin America to drive both brand and performance-based marketing.

“We’re thrilled to have Jordana join the Alight team, as she’ll play a key role in driving growth and expansion across Alight´s international business and build awareness and interest for our HR and payroll solution portfolio,” said Luca Saracino, executive vice president at Alight.

Prior to joining Alight, Jordana worked for Telstra, a global telecommunications and technology company headquartered in Australia, as its director of enterprise & field marketing for EMEA. In her former role, Jordana spearheaded regional marketing plans and execution across UK and Continental Europe to help propel the customer and digital first marketing agenda. Additionally, Jordana drove the marketing strategy and execution for Telstra’s consultancy business, Telstra Purple, across the domains of digital transformation, security, cloud, modern workplace and data and analytics. Jordana also brings with her a wealth of marketing experience having worked for the likes of Canonical, Microsoft and Samsung.

“I’m excited to be part of the team and help further galvanize the Alight brand. An adventure lies ahead, and I’m eager to contribute to the growth of Alight on the international stage,” said Jordana Sherman.

About Alight 

With an unwavering belief that a company’s success starts with its people, Alight is a leading cloud-based provider of integrated digital human capital and business solutions. Leveraging proprietary AI and data analytics, Alight optimizes business process as a service (BPaaS) to deliver superior outcomes for employees and employers across a comprehensive portfolio of services. Alight allows employees to enrich their health, wealth and work while enabling global organizations to achieve a high-performance culture. Alight’s 15,000 dedicated colleagues serve more than 30 million employees and family members. Learn how Alight helps organizations of all sizes, including over 70% of the Fortune 100 at alight.com.