The UK’s Government Transformation Strategy, published in 2017, has paved the way for digital technologies to be incorporated into the public sector – with a view to improving citizen-facing services, saving public money and deepening the level of trust between citizens and the state.
IC TIP:
Buy
at
394p
Tip style
Growth
Risk rating
High
Timescale
Medium Term
Bull points
Government digitisation plans
Increasing diversification of top line
Strong growth in order backlog, bringing future visibility
Potential for upgrades
Bear points
Gross margin pressure due to staff costs
NHS funding challenges