techUK welcomes the Government’s Modern Industrial Strategy, in particular its recognition that digital transformation will be the key to delivering a truly modern and global economy.
Responding to the Government’s announcement, Deputy CEO, Antony Walker, said:
“In today’s economy, the tech sector is driving innovation and boosting productivity across all industries. In tomorrow’s economy, every sector will be a tech sector. That is why the Government is spot on to place investment in tech at the heart of its modern Industrial Strategy. The “industries of the future” will be tech enabled and tech driven - digital transformation is the future.
The Prime Minister has said a Global Britain must be “the best place for science and innovation”. As the vehicle for delivering the UK’s post-Brexit economy, the Industrial Strategy is shrewd to stimulate technologies - like smart energy; robotics and artificial intelligence; and 5G – where the UK has existing strengths. Similarly, the early work on industrial digitalisation, led by Juergen Maier, shows the Government has clearly received techUK’s message that a Modern Industrial Strategy is about enhancing the UK’s capacity to drive digital transformation across all sectors.
The recognition that the Industrial Strategy is a process rather than a rigid, one off announcement that lacks the flexibility for meaningful policymaking also underlines the Government’s modern approach - a collaborative and iterative Industrial Strategy must lie at the heart of a truly Global Britain. Tech is the paradigm of a modern industrial sector and we will continue to work closely with Government to create the Industrial Strategy for a tech-enabled 21st century economy.”
You can read techUK's comments on the new Industrial Strategy Challenge Fund which focuses on R&I to tackle challenges such as robotics, clean energy, biotechnology, satellites & space, and 5G mobile network technology.