Hundreds of top tech companies in UK are actively working on software services. It is difficult for everyone to find the best software development partner for their requirements.
The UK technology sector has proved to be a good breeding ground for capital, attracting a record investment of £ 15 billion in 2020. According to Tech Nation, this is higher than Germany and France combined.
Moreover, no other sector has seen so many new businesses compared to technology, and real estate – the next largest – only 12,135 startups were created during the same period.
We have compiled a list of the 20 top tech companies in Uk 2022-2023 based on reviews, portfolios, experience, and market value in the industry, located in London, Manchester, Birmingham, Glasgow, Liverpool, and the UK.
Is UK Regarded as a Tech Nation?
The UK is considered the world’s second most crucial technology hub after the United States, with significant European competitors in London’s technology, including Berlin, Munich, Paris, Madrid and Moscow.
The report estimates that sales from smartphone apps this year will exceed £ 4 billion, and revenue is projected to reach £ 31 billion by 2025.
Does Tech Industry Thrive in UK?
100 British technology unicorns have raised almost $ 32 billion (€ 28.9 billion) to invest VCs in various technology sub-sectors, including e-commerce, insurgent and cybersecurity, and energy. 34% of British tech unicorns are fintech companies, 14% are medical technicians, 8% are tourism and transport technologies, 5% are food technologies, and 4% are games.
Today, the United Kingdom joins the United States and China as the only countries to have three-digit technological unicorns worldwide and is the first country in Europe to reach 100 technological unicorns, with more technical unicorns than Germany (42), France (22) and the Netherlands (18) combined.
This high level of technological unicorn creation reflects the continued strength of the UK technology sector, which reached record levels in the first half of this year.
Top Tech Companies in UK have raised 13.2 billion euros ($14.5 billion) since the beginning of the year, breaking the previous record of 8.1 billion euros ($8.9 billion) (in the second half of 2020), which is two weeks away.
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Over the last few years, Europe’s UK startup scene has seen unprecedented growth in all possible relevant indicators, becoming a “place” to build a business.
Britain has consistently produced positive results regarding digital innovation and technology.
Are There Top Tech Companies in UK?
More than a third of Europe’s fastest technology companies are based in the UK, thanks to a highly skilled workforce and easy access to overseas markets. With endless possibilities and enthusiasm, there seems to be no sign of slowing down shortly.
After raising a record $ 15 billion in venture capital funding in 2020, it is safe to say that the UK technology industry is thriving and does not intend to close any time soon.
19 Top Tech Companies to Work for in UK
1. Hyperlink InfoSystem
Hyperlink InfoSystem is a popular web and mobile application development company based in London, UK, with a development center in India and offices in the US, UAE, and France.
The company’s experienced team of more than 250 developers provides first-class services in web application development, game applications, blockchain solutions, AR / VR applications, Salesforce, artificial intelligence, data science, and much more.
They have extensive experience developing the latest mobile applications at a cost-effective price.
Founded in 2014, Revolut is an alternative to digital banking that includes prepaid debit cards, currency exchange, and peer-to-peer payments. Thanks to this platform, the company aims to build a fair and uninterrupted platform for using and managing money worldwide.
It has developed a platform that allows users to transfer, exchange, and spend money on a multi-currency card that is accepted everywhere.
Founded in 1994, AKQA works with sophisticated customers to provide a seamless relationship between customer connection points to meet audience requirements and exceed business goals.
They develop, design, and provide unique experiences, services, and products that improve people’s lives.
Darktrace is an artificial intelligence company for cybersecurity. The company uses machine learning and artificial intelligence algorithms to detect and respond to cyber threats in various digital environments, including cloud and virtualized networks, IoT, and industrial control systems.
The technology is self-learning and does not require configuration, real-time threat detection, or updating understanding as the environment changes.
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DivideBuy’s technology platform is built on an understanding of retail and consumer understanding, addressing many common painful issues for its retail partners.
This unique approach allows retailers to provide a credit option without a hidden fine print and features such as an online cash register that includes credit solutions in real-time, leading to increased retail sales.
Its e-commerce lending plugin easily integrates shopping cart features, including Magento, WooCommerce, Shopify, and Craft Commerce.
The bulb is the fastest energy supplier in the UK, providing 100% carbon neutral and 100% renewable electricity to more than 1.7 million members in the UK. Its electricity comes from renewable generators, which are located across the UK, including solar, wind, and hydropower. Bulb’s mission is to help people reduce their bills and carbon footprint.
Popsa Photobook Specialist (3rd overall, with a 10-year growth rate of 10,576%) is a personal start-up for printing artificial intelligence photos that work with the mission of presenting customizable products to a new audience using the latest technology.
Popsa uses AI technology in the personalized gift market. Its printAI algorithm combines the most appropriate photo book layout in a split second. It uses the Face Recognition API to ensure that faces are not cut and do not provide the best user experience.
Founded in 1999, intive is one of the top tech companies in UK and a leading mobile application development company. With a unique, exploratory, and agile mind and international teams of software, design, and business experts, Intive works with market leaders to revive the digital transformation of the products and services of the future.
9. DCSL GuideSmiths
Since 1994, they have created smart, cost-effective, intuitive web applications, desktops, and mobile applications for well-known businesses, nonprofits, government agencies, and start-ups. They have a team of more than 250 international business representatives.
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Launched in 2019 alone, this virtual event platform has raised $1 billion in 7 rounds of funding and is now valued at $7.75 billion. Hopin allows users to host virtual, personal, or hybrid events from large-scale conferences to weddings across continents and offers a full range of features, including event marketing, security, and event program integration.
Due to the pandemic, its popularity coincides with the growth of remote activities and works at home. But as the world continues to open up, allowing more personal events to take place, many wonder if Hopin’s growth will be so rapid. Despite this, many people are betting that event technology companies will continue to thrive after the pandemic.
11. Benevolent AI
Founded in 2013, BenevolentAI has developed artificial intelligence and machine learning technology to accelerate scientific discoveries through mass analysis of scientific data. The company has changed how medicine is created, developed, and tested.
The company is headquartered in London with a research center in Cambridge (UK) and other offices in New York and Belgium. BenevolentAI has active research and development programs from discovery to phase IIb in disease areas such as ALS, Parkinson’s disease, glioblastoma, and sarcopenia.
Founded in 2015, Snyk software enables more than 1.5 million companies worldwide to integrate security into their continuous development process.
They have come a long way since their first round of funding in 2016, going through 10 rounds and raising $ 530 million in September 2021 to raise a total of $ 1.3 billion.
In September 2020, the value of Snyk was estimated at 2.6 billion dollars. A year later, it almost doubled, and now the company’s value is estimated at $ 4.7 billion.
13. iTechArt Group
iTechArt is a first-class, versatile software development company with a talent of 1,800+ experienced engineers. Since 2002, they have been helping VC-supported startups, and fast-growing technology companies create successful, scalable products that appeal to users.
Graphcore, a maker of smart chips, is best known for its original processing of the intelligence unit, which is optimized for machine learning and the use of artificial intelligence. After first reaching unicorn status in 2018, the company underwent two more rounds of financing, the last of which in December 2020 raised $ 222 million. Graphcore now costs $ 2.8 billion.
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Waracle offers valuable man-made work for visually impaired clients. They ambitiously offer mobile solutions that provide significant impact in the real world.
Whether they work in financial services, healthcare, or energy, their teams have the extensive industry experience to meet your business’s needs.
With more than 20 years of experience, teams of highly qualified engineers worldwide, in-depth industry knowledge, and current technology research, they help customers create custom software that improves their performance and opens up new markets.
These qualities enable us to provide the high-quality, high-quality solutions on which our customers depend and the lifelong partnerships they trust.
Founded in 1993, with offices in London, New York, Leeds, Glasgow, Edinburgh, Manchester, Bristol, Nottingham, and Houston, the company is a strategic partner in delivering customers in both the public and private sectors.
BJSS offers a cost-effective comprehensive portfolio of services that spans the delivery lifecycle of solutions, backed by BJSS Enterprise Agile’s proven approach.
19. HData systems
HData Systems is an Indian company called Data Science, which helps businesses increase their productivity through analytical approaches. The company offers application development, big data analytics, data science, artificial intelligence, machine learning, automation, and more.
FAQ on Top Tech Companies in UK
There’s no denying it, UK tech startups are on an incredible growth trajectory. In 2021 alone, £19.1b worth of announced equity deals were raised by UK startups in the technology industry, compared to £8.56b in 2020—a massive 123% surge in pounds invested.
Best UK cities for tech jobs
Bristol and Bath.
What’s the lowdown? Manchester boasts the UK’s fourth largest digital turnover, coming in at £2.9 billion, with 62,653 digital tech jobs, Tech Nation’s 2018 report found. This puts the city as the most significant hotspot outside of London and the Thames Valley area, making it a formidable contender in the tech sector.
It should come as no surprise that the UK was once again named TechNation’s ‘digital capital of Europe’ – ranking as one of the world’s best countries for its approach to innovation and technology.
The eastern end of the English M4 corridor is home to a large number of technology companies, particularly in Berkshire, Swindon and the Thames Valley. For this reason, this part of the M4 corridor is sometimes described as England’s “Silicon Valley”.
Overall, 38,240 tech firms were incorporated in the UK in 2021, up from 23,579 in 2020. RSM UK collated data on tech business creation for the past three years, with 2021 having the highest number of incorporations.
London is not just the most popular city in Britain for tech talent but for the whole of Europe, boasting more than 40,000 tech companies in the inner city alone — and more software developers than either San Francisco or New York.
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