ECONOMIC RECOVERY: Technology could be the key
Build back better build back greener that’s been the governments mantra as we look to rebuild the economy post covid.
This week two big announcements in the West Midlands - JLR’s move to electrification and plans for a £2 billion giga factory producing batteries here at coventry airport
Coventry Airport and the city council have formed a joint venture partnership to submit a planning application this year and plan to raise £2 billion for the development. The scheme could potentially create thousands of jobs in the West Midlands, already a hub for the automotive industry where firms including Aston Martin, BMW and JLR all have factories. If all goes to plan the new plant could be open by 2025.
But it’s not just those huge multi billion pound schemes that are leading the revolution. Payaro based in Burton offer digital payment solutions and they are planning to expand their business in the near future using an ethical business model that gives back to the community. Whilst Miranda Joseph is the founder of Digiworker, a recently launched groundbreaking software robot technology company. She believes her software coalition will revolutionise the way many companies work.
So as we look to the economic fight back post covid could technology be that driver. A report published just this week by training provider M3 has certainly looks promising. They found more than 78 percent of pharmaceuticals, financial services and life sciences businesses continued hiring for entry level and graduate tech roles throughout the pandemic in 2020, with 92 percent confirming that they are planning to recruit new tech talent in 2021
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