@techcityuk#TechNationwww.techcityuk.com/technation  

Gerard  GrechCEO,  Tech  City  UK@gerardgrech

THANK  YOU  TO  ALL  INVOLVED.  

UK  TECH  CLUSTERS

30DATA  POINTS

1,000+SURVEY  RESPONSES

2,732TECH  CASE  STUDIES

61COMMUNITY  PARTNERS

223#TechNation

THANK  YOU  TO  ALL  COMMUNITY  PARTNERS

#TechNation

THANK  YOU  TO  ALL  COMMUNITY  PARTNERS

#TechNation

5  PARTS  TO  THE  PRESENTATION  

SIZE  &  GROWTH  OF  THE  UK’S  DIGITAL  ECONOMY1DIGITAL  JOBS  &  SALARIES  2REGIONALGROWTH3GROWTHDRIVERS  4LONDON  &  ITSINTERNATIONAL  POSITION  5

#TechNation

CONFIRMS  THE  GROWING  IMPORTANCE  

OF  DIGITAL  TO  THE  UK  ECONOMY

74

76

81

88

97

Digital  Tech  Economic  Contribution  to  UK  (£bn)

2013

2012

2011

2015

2014 +30%

#TechNation

UK  DIGITAL  TECH  IS  GROWING  X2  THE  RATE  OF  THE  WIDER  ECONOMY,  ATTRACTING  INVESTMENT  

139

150

157

161

170

UK  Digital  Tech  turnover  (£bn)

2013

2012

2011

2015

2014

UK  Digital  Tech  Investment  (£bn)  

3.74.04.2

8.69.311.4

28.0 UK

FranceGermanyNetherlands

ItalyDenmark

Ireland

2011-­2016

#TechNation

UK  DIGITAL  TECH  IS  GENERATING  HIGH  QUALITY,  HIGH  PAYING  JOBS

AVERAGE        ADVERTISED  SALARY  IN  DIGITAL  ROLES  

+44%  MORE  THAN  THE  NON-­DIGITAL  AVERAGE

£50,66343%Working  in  Non  digital  industries(eg.  Developer  in  the  health  services)  

57%Working  in  digital  industries  

1.64M+85K2014-­15

#TechNation

THESE  WELL-­PAID  JOBS  AREBEING  CREATED  ACROSS  THE  NATION

Clusters  with  greatest  Digital  Tech  employment  growth  (2011  – 2015)  

46%

67%

61%

49%

93% London

Dundee

Redruth  &  Truro

Sunderland

Edinburgh

Top  10  average  Digital  salary  (2016)  (£000s)

47k47k47k48k48k

50k50k

53k53k Reading

EdinburghNewcastleLeeds

GlasgowOxford

ManchesterBristol  &  BathCambridge

Source:  Burning  Glass,  Tech  City  UK,  2016

DIGITAL  TECH  ECONOMY  IS  BOOSTING    PRODUCTIVITY  &  GROWTH  ACROSS  THE  COUNTRY  

60%

89%

93%

93%

%  of  the  30  clusters  that  experienced  growth  in  the  last  5 years

Digital  GVA

Digital  tech  jobs

Digital  turnover

Productivity  

#TechNation

GROWTH  IN  DIGITAL  TECH  BUSINESSES  AND  JOBS  EVIDENT  ACROSS  ALL  REGIONSGrowth  in  number  of  Digital  Tech  business  and  native  jobs  (2011-­2015)

22% 23%

40%

25%21%

30%26%

22%19%

21%23%

25%

5%

16%

30%

3%9%

28%

11% 11% 11%

17%

12%

21%

East

Midlands

East

England

London

North

East

North  West

Northern

Ireland

Scotland

South

East

South

West

Wales

West

Midlands

Yorkshire  &  

The  Humber

Businesses Jobs

#TechNation

32%

42%

51%

UK  DIGITAL  TECH  IS

UPBEAT  ABOUT  THE  FUTURE. ARE  OPTIMISTIC  

ABOUT  THEIR  GROWTH  PROSPECTS  IN  THEIR  AREA

75%

BASED  ON  SURVEY  RESPONDENTS

Supply  of  highly  skilled  workers

Opportunities  to  access  finance

Appropriate  property  on  competitive  terms

IN  50%  OF  DIGITAL  TECH  BUSINESSES  MEN:WOMEN  IS

3  TO  1

OPPORTUNITIES  FOR  GROWTH

KEY  AREAS  FOR  OPPORTUNITTY  RAISED  BY  RESPONDENTS  

HOME  GROWN  TALENT  ATTRACTING  THE  BRIGHTEST  AND  BEST  FINANCE  AT  EVERY  STAGE  OF  GROWTHDIGITAL  CONNECTIVITY  GENDER  DIVERSITY  

CO-­WORKING  SPACES   #TechNation

@techcityuk

TECH  NATION  INVESTOR  PRESENTATION  201714/  

London  is  the  Digital capital  of  Europe

1  TECH  COMPANY  CREATED

60  mins300K+£13bn£56bn

DIGITAL  TECH  JOBS

TECH  INVESTMENT  IN  LAST  5  YEARS2011-­2016

TURNOVER  IN  2015

#TechNation@gerardgrech

A  MAGNET  FOR   INTERNATIONALINVESTMENT  &  TALENT  

London  Digital  Tech  Investment  vs  Other  European  Cities  (2016)  (£bn)

2.21.151.07

0.840.760.690.6

0.250.1

London

Amsterdam

Paris

Copenhagen

Milan

Dublin

Berlin

Stockholm

Source:  Pitch  book,  2016

Madrid

Number  of  Github  users:London  vs  Other  EU  Cities  (2016)  (000s)

23,26511,990

10,1454,8504,7594,4614,1783,4793,3092,6442,4752,3982,274

LondonParis

BerlinMadridStockholmBarcelonaAmsterdamMunich

Source:  Github,  Tech  City  UK,  2016

DublinWarsawOsloViennaCopenhagen

Meetups  in  London  vs  Other  EU  Cities  (2016)  (000s)

21,8667,9637,9157,5813,4903,3733,2863,2253,0122,8972,349

London

AmsterdamParisOsloZurich

Dublin

Berlin

Stockholm

Source:  Meetup  APL,  2016.  Tech  City  UK,  2016

MadridBarcelona

Munich

#TechNation

£28Bn  invested  in  last  5  years3x  more  than  nearest  European  city  in  20161.56M  employed  (+80K)£170Bn  turnover  

@techcityuk#TechNation

Tech Nation  2022:Imagining  the  Future  of  UK  Tech

Thursday  15th  June, 18:00-­21:30Second  Home,  68-­80  Hanbury  Street,  London, E1 5JL

Join  us  as  we  explore  how  the  UK's  digital  economy  could  look  in  2022,  the  lifetime  of  the  next  Government.

Our  panel  of  experts  will  address questions  such  as:Will drone  deliveries  become  the  norm?Which  sectors  have  the  greatest  growth  potential  and  why?How  many  driverless  cars  will  be  on  the  road  by  2022,  if  any?

@techcityuk#TechNation

Thank  you!Read  the  report  at  www.techcityuk.com/technation

@techcityuk#TechNationwww.techcityuk.com/technation