Find stats on top websites
Industry Landscape
The digital transformation industry is currently in a state of rapid expansion, driven by increasing adoption of AI, cloud computing, and e-commerce solutions. Businesses are prioritizing digital excellence to enhance customer experience, optimize operations, and achieve competitive advantage. The demand for specialized skills in AI/ML and personalized digital solutions is particularly high.
Total Assets Under Management (AUM)
Digital Transformation Market Size in United Kingdom
~Approx. 25-30 billion USD in 2023
(15-20% CAGR)
- Driven by cloud adoption and data analytics.
- Increased focus on AI and automation.
- Growing demand for cybersecurity solutions.
Total Addressable Market
25-30 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Generative AI
Generative AI, including advanced LLMs and text/image generation, is revolutionizing content creation, code generation, and personalized customer interactions across various digital platforms.
Edge AI
Edge AI enables AI processing directly on devices, reducing latency and enhancing privacy for real-time applications in IoT, personalized experiences, and operational efficiency.
Hyper-personalization through AI
Leveraging AI and machine learning to deliver highly individualized experiences across all touchpoints, from product recommendations to dynamic content and tailored service offerings.
Impactful Policy Frameworks
UK AI Regulation (Proposed, 2023-2024)
The UK government is developing a pro-innovation, sector-specific approach to AI regulation, focusing on five key principles: safety, security, transparency, fairness, and accountability, rather than a single, overarching AI law.
This approach will require Vsourz to ensure its AI solutions comply with evolving sector-specific guidelines, particularly in areas like data usage and transparency, potentially increasing compliance costs but fostering responsible innovation.
Online Safety Act 2023
This act aims to make the UK the safest place in the world to be online, placing new legal duties on online platforms to remove illegal content and protect children, with Ofcom as the regulator.
Vsourz, particularly in its 'Build' and 'Scale' services involving web platforms and digital marketing, will need to ensure client solutions comply with content moderation and user safety requirements, potentially influencing platform design and content strategies.
Product Security and Telecommunications Infrastructure (PSTI) Act 2022
The PSTI Act introduces new security requirements for consumer connectable products, ensuring they are more secure against cyber threats, along with new powers to improve mobile and broadband infrastructure.
Vsourz, especially in its 'Build' pillar involving IoT and connected devices, will need to integrate robust security-by-design principles into its development processes for consumer products, ensuring compliance and enhancing product integrity for clients.
Transform Your Ideas into Action in Minutes with WaxWing
Sign up now and unleash the power of AI for your business growth
