The Technology Labour Market Paradox, Project Dragonfly and Fundraising at Cathcart
This month’s RecruITing newsletter shares everything you need to know about the latest tech and tech recruitment news. And of course, keeps you up to date on the Cathcart Current.
From the race to be named the next Tech Innovator, to the government’s appeal to clamp down on the AI takeover, this month’s issue covers it all. Let’s get into it…
The worldwide web
Edinburgh stands as the UK’s most AI ready city outside of London
Not only is Edinburgh the home to Cathcart Technology’s headquarters, but it has also just been named the UK’s most AI ready city outside of London, coming top in SAS’s AI Cities Index 2023. According to new research, Edinburgh’s success in innovative AI is a result of the city’s word-class universities. Together with the Prime Minister, Rishi Sunak’s, announcement of the £100 million investment into safe AI earlier this year, this is fantastic news for Edinburgh’s artificial intelligence scene.
The race to be crowned UK Tech Innovator 2023 is on
After an unprecedented number of applications, just short of 400 in total, KMPG has recently revealed the shortlist of 80 companies from across the UK to be in the chance of being named Britain’s next Tech Innovator. The competition acknowledges game changing companies in the technology and innovation space. For the third year, the search has expanded to a global level, making it increasingly more competitive than pervious years.
Innovative aviation technology is taking off
If you asked aircraft pilots half a century ago what they imagined modern day flying to be like, it would be difficult to predict the extent of technology’s role in air travel. Project Dragonfly is the latest development in autopilot technology. Launched in the Airbus campus in Toulouse, Project Dragonfly tested autonomous emergency descents, taxiing, and improved automatic landing, with the ultimate aim of making air travel safer.
Trending in tech recruitment
Worker-focused AI Bill introduced to combat the AI takeover
Backbench MP, Mick Whitley, has introduced a worker-focused artificial intelligence (AI) bill to Parliament to control the use of AI in the workplace. The bill sets out to deal with workers’ rights in regards to the use of AI, protecting the security of jobs working alongside AI, as well as protecting future generations from automation dominating the labour market. Is this the step we have waiting to take in the fight against AI?
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The battle of supply and demand in the Scottish technology labour market
That’s right, the skills shortage continues to affect the technology labour market whilst demand for tech talent surges. According to the latest issue of the Royal Bank of Scotland’s Report on Jobs, supply of permanent staff has worsened for the twenty-eighth month in a row, and availability of temporary workers has fallen for the twenty-seventh consecutive month. The paradox of the market is whilst labour supply across Scotland has fallen, the demand for IT & Computing talent has had the greatest increase across Scotland and the UK.
Tech giant Amazon aids talent shortage for SME’s
In 2021, Amazon introduced the Apprenticeship Fund aiming to generate more than 750 apprentice jobs across England in computing science, DevOps, IT solutions, cloud computing and other digital careers by 2024. The fund is now worth £8 million, and since the introduction of the scheme, labour supply for technically skilled workers has declined, making it even more difficult for companies with limited resources to hire. Whilst this will support the growth of several SME’s, the skills shortage shows no sign of alleviating any time soon, meaning many companies are still struggling to find technical talent – did somebody say tech recruiter?
The Cathcart Current
Cathcart Technology Finland is growing!
Since our last newsletter, we have been joined by two new team members, Katriina and Katariina. Since 2019, we have seen the Finnish division grow and thrive, from a one-man band to a driven quintet. Along with our newest permanent team member, we welcomed our first ever summer intern. They have already made a profound mark on the team and the wider office, enjoying team lunches in the sun, trips to the cinema after work and of course, the pub. We can’t wait to see what you all achieve together.
A Cathcart charity fundraiser
This month, a group of Cathcart’s keenest golfers took on The Big Golf Race for Prostate Cancer UK. And of course, we all clubbed together to support them in raising over £1,300. A sharp start, the team teed off at 4am to play 4 rounds of golf totalling 72 holes and covering 26 miles in one day. A total success if you ask us! We offer our employees 3 volunteering days a year to use for charity fundraising efforts or to support a non-profit of their choice, it’s great to see these days being utilised for such an influential cause.
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