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Both of those are capital-intensive because they require increasing headcount at the company — which already has more than 170 employees, he said.
Meanwhile, Jaguar has been increasing headcount elsewhere in the world.
After all, it is still hiring and increasing headcount.
Increasing headcount does not necessarily lead to an increase in productivity or growth.
Part of it will go toward increasing headcount; McElroy says Transfix should employ 75 people by this time next year.
The injection of cash is to be used to international development, including increasing headcount from the current 180 employees.
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As it turns out, companies using AI to also drive innovation are more likely to increase headcount than reduce it.
HP says it signed 150 new customers for Autonomy in 2013, and has increased headcount at the division by 25% since the acquisition.
Ridding said the company also expects to increase headcount, though he did not specify numbers, as a result of the acquisition, with Nikkei keen to drive growth especially in Asia and North America.
SoftBank, whose business spans telecoms, the internet and robot technology, has promised to at least double ARM's UK workforce of 1,600 and to increase headcount outside the UK over the next five years.
Britain's CEOs showed little impact of being affected by Brexit uncertainty, with 61% of UK business leaders saying they expected to increase headcount in 2019, fuelled by a desire to access key skills.
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