Data utilisation continues to be the main driver for the internet of things movement. Companies are desperately trying to utilise the massive quantities of data available in order to make better informed strategic decisions. While the growth in Edge computing could increase the automation of data driven decisions going forward.
Strong levels of M&A activity have been supported by the continued resilience of the UK recruitment sector as a whole, with the latest REC (Recruitment & Employment Confederation) report showing an 11% increase in YoY turnover to £35.7bn in 2018.
Large corporates are looking to integrate low-code platforms with existing offerings to improve their service portfolio. The main challenge for low-code vendors is to add new technologies, such as machine learning, to keep up with the rapid development of business applications.
Merger and acquisition deal activity reached a post-recession high in 2016 and is on pace to exceed that total in 2018. The majority of deals occurred in the US, France, and the UK, with other developed European markets seeing significant deal activity in the space.
The consolidation of large international agri input players has already begun and this trend will continue in other segments as well.
Significant recent transactions involving Marston Holdings, Cabot Credit, Westcot Credit and NSL suggest the market is entering into a new consolidation phase.
M&A activity in the food and beverage sector has a productive outlook in H1 with 55 deals completed involving UK or Irish targets, with the largest number of strategic deals completed since the EU referendum.
Movement from cloud adoption to digital transformation continues to reshape the market as businesses look to maximise returns on their IT infrastructure investments.