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You are here: Home / Archives for growth

growth

Ofcom Report: The Change in UK Network Use

August 15, 2016 by Julie McGrath

The Network use in the UK is increasing as Brits are spending more time online than ever before, according to Ofcom’s annual Communications Market Report

British consumers are spending more time on the internet network than ever before, so much so that many are actively seeking a so-called “digital detox” from their online lives, according to communications market regulator Ofcom.

In its latest Communications Market Report – an annual survey of British communications and media usage and attitudes – Ofcom reported that 15 million people in the UK have sought time offline to do other things, such as spending time with friends and family, or holidaymaking.

Most of these people found taking a break from the digital world to be a rewarding experience, although some respondents to Ofcom’s survey reported feeling lost and cut-off, or worried that they were missing out.

“The internet has revolutionised our lives for the better, but our love affair with the web is not always plain surfing,” said Ofcom director of market intelligence, Jane Rumble. “Millions of us are taking a fresh look at the role of technology in our lives and going on a digital detox to get a better tech-life balance.”

The 2016 report highlighted the importance of connectivity to the increasingly digitised world. According to Ofcom, 9.2 million broadband connections are now superfast – in the regulator’s view this means capable of delivering speeds of over 30Mbp. This was up from 7.1 million two years ago.

As a result of this growth in superfast connections, total telecoms revenues grew for the first time since 2011, up 0.5% to £37.5bn between 2014 and 2015, as average household spend increased due to the higher costs associated with most superfast packages.

Superfast connections

Rumble said the regulator estimated that nine in 10 premises now had access to a superfast broadband connection, up from 83% last year, which tallies with other assessments of availability.

“We are aiming for 95% by the end of 2017, so availability is growing,” she said. “I think the core questions are now related to those people who aren’t able to get superfast broadband and that is absolutely a priority for Ofcom.”

Rumble also reaffirmed Ofcom’s commitment to the 10Mbps universal service obligation, currently on its way to becoming law. She said the regulator considered a 10Mbps connection adequate for activities such as streaming video on demand (VoD), an activity that has seen a boom in popularity in the UK in the past 12 months at the expense of live television.

Ofcom will release more concrete statistics on broadband take-up in September 2016.

4G popularity still soaring

Meanwhile, 4G connections accounted for 46% of all mobile connections, up from 28% in 2014. Ofcom said 98% of UK premises were now covered by at least one 4G network, and 71% were covered by all four.

Data use is also soaring, with 89% of 16 to 24-year-olds and 25 to 34-year-olds, 77% of 35 to 54-year-olds, 50% of 55 to 64-year-olds, and 21% of over-65s using web and data services on their devices.

The report said 71% of UK adults now owned a smartphone, up from 66% this time last year, which remains the most popular device for getting online.

Ofcom said the popularity of smartphones was giving rise to a number of new social impacts, such as an increase in people bumping into each other on the street because they were absorbed in their phone, and 40% of respondents said they had been “smart-snubbed” by a friend or relative.

The report also revealed a surge in the use of instant messaging, with the proportion of adults using over-the-top services such as WhatsApp at least once a week rising from 28% in 2014 to 43% in 2016, higher among the so-called millennial age group. Photo messaging services such as Snapchat are now used by 21% of adults weekly, up from 14% in 2014.

This growth came largely at the expense of email and, notably, text messaging, which presents a revenue stream problem for mobile operators.

Rumble acknowledged this trend and said Ofcom had seen mobile revenues remain flat over the past year, which suggested operators were responding to this to some degree.

“I think with any business, as behaviors change and shift, we would expect to see different businesses adapt to those shifts in behavior,” she said.

– Alex Scroxton

Filed Under: Latest Industry News Tagged With: 4g, broadband, data, growth, instant, messaging, network, Ofcom, smartphones, superfast, technology, UK

7,000 Shropshire Jobs to be Created

August 10, 2016 by Julie McGrath

More than 7,000 Shropshire Jobs will be created and 2,800 homes built under plans revealed today for our region.

Marches Local Enterprise Partnership has submitted a bid for almost £68 million of Growth Deal funding from Westminster, which would be used for projects across Shropshire, Telford & Wrekin and Herefordshire. A huge number of Shropshire Jobs will be generated as a result.

Projects put forward for funding include the development of Oswestry Innovation Park, a £13.2 million scheme which would see 1,400 jobs created, and Enterprise Telford, a £19 million manufacturing and innovation development estimated to create 1,250 homes and 1,650 full time equivalent jobs.

If successful the funding bid would be matched by more than £75 million from organisations and private sector partners delivering the projects.

The proposal also includes a bid for £7.5 million to support the development of an innovation and enterprise scheme in Newport, £2 million towards the development of the Flaxmill Maltings in Shrewsbury, and £1 million towards the delivery of new homes in Telford, which will be matched with £9 million of private sector investment.

Chairman of the Marches LEP, Graham Wynn OBE, said the bid was supported by its public sector partners, Shropshire Council and Telford & Wrekin Council and Herefordshire Council as well as the three area Business Boards.

He said: “We are asking for funding for 11 projects which include not only major infrastructure and shovel-ready schemes, but also proposals to help develop our workforce, by making 1,000 undergraduate and 80 post-graduate places available and investment in IT and digital equipment and training facilities that will benefit over 3,700 young people and apprentices.

“The total cost of these projects is more than £144 million and they will create sustainable private sector jobs, starter homes and access to higher education and training for the people who live and work in the Marches.

“Our bid also sets out our ambition for this enterprising region with a strategy to deliver economic growth through investment in innovation, higher levels skills, housing and business sites.

“We have a record for delivering large-scale projects successfully and our bid has the universal backing of our businesses, our partners and our MPs.”

A decision on funding allocations is expected to be made in the autumn budget statement.

The Marches LEP is one of 38 across England bidding for a slice of the £1.8 billion of Growth Deal funding.

– Shropshirestar

Fancy a career within the IT Industry? Be sure to check out our latest job roles by clicking here!

Filed Under: Latest Industry News Tagged With: apprenticeship, development, Digital, employment, enterprise, expansion, growth, homes, Infrastructure, IT, jobs, shropshire, technology, telford

IT Infrastructure Worldwide Growth

July 11, 2016 by Julie McGrath

Spending on IT Infrastructure by Cloud Environments in 2016 Will Be Strong Despite First Quarter Slowdown, According to IDC

According to the latest forecast from the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, total spending on IT infrastructure products (server, enterprise storage, and Ethernet switches) for deployment in cloud environments will increase by 15.5% in 2016 to reach $37.1 billion. This amount excludes double counting between storage and servers. In comparison, spending on enterprise IT infrastructure deployed in traditional, non-cloud, environments will decline by 4.4% in 2016, but will still account for the largest share, 63.4%, of end user spending. Spending on private cloud IT infrastructure will grow by 10.3% year over year to $13.8 billion with more than 60% of this amount contributed by on-premises private cloud environments. Spending on public cloud IT infrastructure will increase by 18.8% in 2016 to $23.3 billion.

All regions are expected to increase spending on cloud IT infrastructure in 2016 with investments in public cloud growing at a faster rate than investments in private cloud IT infrastructure. For cloud environments combined, spending on Ethernet switches will be growing at the highest rate, 39.5%, while spending on server and storage will grow at 11.4% and 14.2%, respectively.

For the long-term forecast, IDC expects that spending on IT infrastructure for cloud environments will grow at a 13.1% compound annual growth rate (CAGR) to $59.5 billion in 2020. This will represent 48.7% of the total spending on enterprise IT infrastructure. Spending on non-cloud IT infrastructure will decline at 1.4% CAGR during the same period. Within the cloud segment, spending on public and private will grow at 18.8% and 10.3% CAGR respectively. In 2020, IDC expects public cloud service providers (CSPs) will spend $38.4 billion for delivering services, while spending on private cloud will reach $21.1 billion.

“Despite weakness in hyperscale CSP demand for IT infrastructure products in the first quarter, we expect spending on public cloud to increase in the second half of the year,” said Natalya Yezhkova, research director, Storage Systems. “Overall, we will continue to see steady growth in demand for public cloud services and, as a result, underlying spending on IT infrastructure by CSPs. The economic and financial volatility we see in some regions will push demand further as increasing sophistication of public cloud offerings allows organizations to fulfill their needs across a growing variety of IT domains while OPEX-oriented pricing models provide some relief to tightening IT budgets.”

– Business Wire

If you are interested in careers involving IT Infrastructure and Business Development, be sure to check out our most recent job role here!

Filed Under: Latest Industry News Tagged With: business, Cloud, corporation, csp, data, development, growth, Infrastructure, international, IT, storage, worldwide

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