Baringa

Over £45 billion per year of unrealised savings and productivity benefits could be achieved through digital and AI transformation in the public sector. How? Through clarity, certainty, and continuous optimisation of outcomes, the government can optimise its digital investments, align technology with strategic goals, and deliver better services to citizens. Unlock the potential of digital an AI in government and public sector:https://ow.ly/PwqG50Vfsr3 #ImpactThatLasts #BaringaDigitalAI #UKGovernment #DigitalAndAI #DigitalTransformation #PublicSector Adam Brocklesby | Chris Walker | Ilze Skujina | Sophie Cooke | Deborah Oxley | Mike Burbidge

"Across government, outdated digital systems remain a key source of inefficiency and a major barrier to modernising services. It's estimated that 28% of systems in central government departments are legacy systems" To achieve true transformation and deliver the desired outcomes for digital public services, government must first modernise its legacy infrastructure. Discover how taking a legacy-aware and future-aware outcome mapping approach can help to unlock the potential of digital and AI in the public sector.: https://ow.ly/RBz950VpwMu #ImpactThatLasts #BaringaDigitalAI #UKGovernment #InnovationInGovernment #DigitalTransformation

Recent developments in the geopolitical environment, announcements in the Spring Statement and The Bank of England maintaining interest rates, increase the likelihood of moving towards our downside-case for consumer spending growth. If this materialises, there would be significant implications for spend across categories. For example; Out of home entertainment shows the greatest increase in our central case at c.2.2%, but is also one of the more elastic categories, dropping to c.1.4% growth in the downside case. These differences in percentage terms are driven by asymmetric discretionary spending growth of different consumer segments and their relative propensity to spend on product categories associated with their income, geography, age and family composition. Our insights are derived from the Baringa Consumer Spending Model, which analyses expenditure patterns for 28 million UK households across three distinct economic scenarios. See the full report here: https://ow.ly/UtEk50Vp73g Lucy Larkin, Joe Abbott, Patrick Winters, Nick Forrest, Jonno Stenning, Caspian Conran and Maddy Binns #ConsumerSpending #RetailTrends #UKEconomy #ConsumerInsight #SpingStatement Read the BBC's full coverage of the Spring Statement here: https://ow.ly/SS3P50Vp73h

#AI: the future of creative arts, a new tool in the toolbox, or a flash in the pan? Variety magazine covers Baringa's research into consumer attitudes to AI in #cinema, #publishing, music and more. https://ow.ly/8bG050VoRZ4 [Paywall] To read our research for yourself, see our website: https://ow.ly/9iBM50VoRZ5 John Petevinos Pete Shannon Eddie Monteiro Sarah Wall

Are you at Anthropy UK? Hear from Baringa’s Sarah Ashley at the UK Government and Baringa’s ‘The Economics of Kindness and Connection’ panel session at 13.00pm. The discussion will encourage the audience to think differently about people-led growth, a wellbeing economy and strengthened world order with connection at their heart. Interested in finding out more about our views on the economics of kindness Governing with kindness: https://ow.ly/xxKa50VoO1H or reach out to Sarah Ashley or Hannah Bolton to connect. #anthropy #anthropy25

Digital and AI transformation programmes frequently fail to achieve their intended aims for a host of reasons, including poorly defined outcomes. Discover how Baringa can work with you to prioritise three elements to achieve clarity of outcomes: https://ow.ly/yNl150VnWx0 #ImpactThatLasts #BaringaDigitalAI #UKGovernment #InnovationInGovernment #DigitalTransformation Adam Brocklesby Sophie Cooke

How are resources companies in the Asia-Pacific region collaborating across traditional industry boundaries to drive decarbonisation? This article shares examples of how resources players are crossing industry divides as they explore and implement innovative decarbonisation strategies – and the market information they are using to inform investment decisions. Discover more: https://ow.ly/we6g50VnAGU #ComplexDecarb #LargeEnergyUser Anne Bailey Ryan Thomson

Our research 'Human in the Machine' asked the opinions of 5,000 consumers globally, to understand their views about AI in the creative industries. Their strong response is that they prefer human-created to technology-created content. They believe it's more authentic, original, and reflective of the human experience. Read more from our research here: https://ow.ly/IYAX50Vni9x #BaringaDigitalAI #ImpactThatLasts #Telecoms #Media #Techology #AI John Petevinos, Pete Shannon Joe Selwyn

In the 10th article of our Rewriting the Code series, Parris Lougheed, Executive Assistant, shares her journey of breaking barriers and embracing change. As a Black woman, she’s navigated the code, found support at Baringa, and learned that authenticity is key. Now, as a new parent, she’s discovering yet another version of herself—proving that rewriting the code is a lifelong journey. https://ow.ly/NRHy50VkVxo #diversity #diversityequalityinclusion #dei #rewritingthecode

In our Consumer Spending report, we divided different demographics into four consumer segments and then modelled their growth rate and resilience to economic downside. 1. Predictable premiums. Groups with high spend growth in our central case, as well as high resilience to our downside case due to low spending elasticity. 2. Growth bets. Groups with high spend growth, but low resilience to our downside case due to high spending elasticity. 3. Safe havens. Groups with low spend growth, but high resilience to our downside case. 4. Low opportunity. Groups with low spend growth and low resilience to our downside case. We then analysed where we see the highest proportions of each segment across the UK. Understanding the geographical spread of different consumers allows retailers and CPGs to focus execution in locations that align with their growth trajectories. Our insights are derived from the Baringa Consumer Spending Model, which analyses expenditure patterns for 28 million UK households across three distinct economic scenarios. See the full report here: https://ow.ly/E5JX50VhVsI Lucy Larkin, Joe Abbott, Patrick Winters, Nick Forrest, Jonno Stenning, Caspian Conran and Maddy Binns #ConsumerSpending #RetailTrends #UKEconomy #ConsumerInsights