Technology Sector - NorthEdge

Technology sector.

The UK tech sector continues to thrive, testament to the strong and growing tech ecosystem that the UK has nurtured over the years.

We have continued to draw on our own experience and use our regional presence to develop a strong track record within this sector, supporting several businesses to deliver significant technological advancements. Whether it’s supporting the UK’s decarbonisation journey or developing innovative solutions in the fight against cybercrime, we are proud of the role we can play to back ambitious management teams and build better businesses together.

14

investments across four funds

It is estimated that there are

3,000,000

jobs in the digital tech economy within the UK

In 2021 Cambridge, Manchester, Oxford, Edinburgh and Bristol were ranked as the leading regional tech cities in the UK

Tech investment in the UK grew 2.3x in 2021

2.3x

2021

compared to

2021

25% of people in the sector
are women…

25%

*Data gathered for NorthEdge Technology Sector Report May 2022

8.5%

…yet only 8.5% of senior leaders are from an ethnic minority group

*Data gathered and correct as of May 2022

Latest Technology News & Insights.

Technology Sector Report 2024

8 May 2024

We are proud to launch our first sector report of the year, with our third edition of the Technology Sector Report. It has been another year of rapid advancement for the technology industry, with the rise in artificial intelligence, automation and digitally driven concepts. Notwithstanding the macroeconomic challenges from the previous 12 months, we believe that advancements in technology remain a key component of supporting the UK deliver on its growth ambitions, therefore it remains a critical sector for private capital to invest in. Companies who have remained agile, adapted to the changing environment and showed resilience have continued to drive activity and value in the market. The 955 M&A deals completed in the UK for Technology, Media and Telecommunications during 2023 highlight that interest still remains, a testament to

Find out more...

NorthEdge supports Cezanne HR complete second acquisition

16 June 2026

Find out more...

NorthEdge supports PebblePad complete first acquisition to accelerate global growth

8 January 2026

Find out more...

NorthEdge invests in Oak Engage to accelerate growth

30 June 2025

Find out more...

NorthEdge and Cezanne HR mark two years of collaboration with first acquisition

12 March 2025

Find out more...

See all...

Our Technology sector report shares the latest insights in the market and highlights the experience we have gained across our own portfolio. Within the report, we dive deeper to understand the drivers and challenges of key themes shaping the sector, including Artificial Intelligence, Energy Transition and Public Sector Tech.

Our Technology sector report shares the latest insights in the market and highlights the experience we have gained across our own portfolio. Within the report we dive deeper to understand the drivers and challenges of the key themes shaping the success of the sector, including Cloud Enablement, Cyber Security, Energy Tech and Gaming.

Cloud Enablement

Across the last twelve months we’ve seen more businesses begin to prioritise their migration to the Cloud. It’s a topic that is hot on the board room agenda with a reported 26% of overall IT budgets to be taken up by cloud spending in 2022. Given the UK public cloud market is projected to reach $18.31 billion of revenue in 2022 and with revenue in this market set to increase to some $23.8 billion by 2025, we expect this trend to continue throughout the year. We explore the value created through Cloud Computing and the clear advantage businesses have against those who haven’t yet started their digital transformation journey in our Tech sector report.

Read the full report

Cloud spending is expected to take up

26%

of overall IT budgets in 2022

Cyber Security

Recent reports found that the total annual revenue within the cyber sector had reached £10.1bn in 2021, reflecting an increase of 14% since the 2020 study. Research shows that organisations in the UK take an average of 181 days to identify the fact a breach has occurred, and a further 75 days to contain the incident. We expect cyber to be a key trend throughout 2022 as more businesses look to protect themselves and stay secure online. Our sector report explores the figures surrounding the rise in cyber crime, how the UK is becoming a global hub for cyber protection and why a collective effort is needed to create a safer future for all.

Read the full report

Cybercrime cost the UK economy a total of

£2.5bn

in 2021

Our Technology portfolio.

Each NorthEdge portfolio company shares some core aspects: an inherent franchise value, the potential for growth, ambitious and proven management and a leading position in their respective market sectors. See below for an insight into the companies we have backed:

See all...

Case Study.

Distology is a value-added-distributor representing vendors of IT security technology products across EMEA, helping to protect businesses’ digital estates from the growing threat of cyber-attacks.

Ramarketing is a leading life sciences commercial impact agency which supports clients operating in the high-growth Pharmaceutical and Biotech markets.

ICP provides digital asset management, creative production and consultancy services to global brands, supporting them to deliver their increasingly complex multi-channel marketing strategies.

Clearly Drinks is a soft drinks manufacturer operating in the fast-growing flavoured spring water sector, with a number of market leading brands within this category.

Technology sector.

14