UK Tech Firms Use AI for Growth: Insights from Barclays & SRT Marine Systems

UK Business Confidence and Growth

• 📈 Nearly half of UK business leaders view the current economic environment as positive for long-term growth.
• 🎯 Nine in ten business leaders remain confident in their own business performance.
• 📊 85% of surveyed businesses anticipated an increase in revenue for the April to June 2025 quarter.

Key Drivers of Business Growth

• 🏗️ The quality of physical and digital infrastructure is identified as a primary driver for long-term growth potential by 51% of clients.
• 💡 Investment in new technology, including AI, and staff upskilling are crucial for business development.

SRT Marine Systems' AI Investment

• 🚢 SRT Marine Systems, a leader in maritime surveillance, has invested substantially in core infrastructure to support its AI research and software development.
• 🔍 AI research focuses on developing models to identify vessel characteristics, such as distinguishing between smuggling and normal activity.
• 🚨 AI development aims to provide customer functionality, like alerting coast guards to potential smuggling incidents.

Addressing AI and Digital Skills Shortages

• 🧑‍💻 Companies are actively seeking new talent while also implementing upskilling programs for existing staff.
• ✨ Employees are inspired by AI's potential to solve real-world problems, driving innovation within the company.
• 🤝 Barclays Corporate Banking's support and infrastructure investment have been instrumental in enabling SRT Marine Systems to scale innovation and deliver advanced solutions globally.