Digital regulation is now the most pressing priority for UK regulatory bodies as this will enable them to harness the immense potential of digital technologies, mitigate the risk of technical debt and accelerate the journey to a future-proofed organisation. Adopting the latest technologies in various sectors improves productivity and turbocharges growth, which is why the UK government is committed to unleashing its digital potential across the economy.
The government recently published a white paper to drive digital transformation across the UK public sector. As part of this, the government is consulting on new processes to improve coordination between regulators as well as monitor and evaluate innovation, making changes to improve efficacy. They have started prioritising building the necessary regulatory capacity, expertise, and coordination to ensure that powerful technology’s benefits are felt across society and the economy.
The UK government will empower existing regulators – such as the Health and Safety Executive, Equality and Human Rights Commission and Competition and Markets Authority – to develop tailored, context-specific approaches to incorporate innovation.
Digital regulation will define the coming decades with the potential to future-proof economies, create a fair marketplace and protect the public. It is critical to create an environment that fosters innovation if the UK government is to succeed and lead in the age of intelligence while ensuring an ethical and adaptable approach. At CloudSource, we welcome the UK’s commitment to being at the forefront of progress.
Investing in better technology solutions can immediately impact efficiency and productivity gains and drive digital regulation. But without the right roadmap, platform, and expert guidance, it’s not possible. The CloudSource Blueprint for digitising regulatory services brings Microsoft Cloud technology innovations to the design thinking forums where we re-imagine your future regulatory, compliant, and transparent business operations throughout the Digital Regulator Catalyst Programme. With Microsoft’s best-in-class Cloud Technology, CloudSource’s deep-seated digital transformation expertise, and public sector organisation thought leadership, we can build digital regulatory organisations to deliver future-proofed, agile business services.
To explore the opportunities in digital regulation, join us at ‘The UK GovTech Forum – Unlocking Digital Regulation’, our upcoming exclusive event for industry professionals who work for a UK regulatory body that would like to be part of a pioneering ecosystem. Microsoft and UK Regulators’ Network will advise and guide you on how to prepare for disruption, harness emerging cloud technology innovations, and accelerate your digital transformation journey that our Catalyst Programme will enable.
If you are a UK Regulatory organisation and want to reach out to us to discuss how we can help with your transformation journey, please email us or submit an enquiry via our contact page.
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