Tech Nation 2017 Report: Bournemouth & Poole

Bournemouth business news

We’ve been awaiting the latest Tech Nation report and, finally it’s here! The Daily Echo give a great summary of it’s key findings for the Bournemouth & Poole area.

Tech Nation 2017 Report: Bournemouth & Poole

” THE thriving tech industry in Bournemouth and Poole has a greater proportion of high-growth businesses than its counterparts anywhere in the country.

Tech Nation report, which says the sector employs 15,763 people and is worth £352million a year to the local economy.
The report, which examines the tech industry across the UK, says 26 per cent of firms in Bournemouth and Poole’s digital “cluster” are high-growth – compared with 22 per cent in second-place Newcastle.

It found there were 199 start-ups since the last report and that workers in the sector commanded an average salary of £39,508.
Ninety-five percent of tech workers said quality of life was “good” or better, while 91 per cent rated digital growth optimism as good.

The report mentions the talent coming out of the National Centre for Computer Animation and Visual Effects at Bournemouth University, the success of the Digital Wave careers conference last year and the business accelerator programme First Bourne. It mentions digital and creative agencies such as Poole’s Salad Creative health tech start-ups such as Nourish in Westbourne.

It hails the success of Bournemouth’s very own Silicon Beach conference, which expanded into London last year, and the testing by Ordnance Survey and Bournemouth council of a 5G mapping and planning tool.

It also highlights new co-working spaces, including the one opened by THIS Group in the Daily Echo’s building on Richmond Hill”

View Tech Nation’s: Bournemouth / Poole report
Source: The Bournemouth Echo.

TECH NATION 2017 KEY FINDINGS:

Our analysis shows that the UK is the Digital Capital of Europe

1) Digital Tech Investment: In 2016 UK digital tech investment reached £6.8billion, 50% higher than any other European country

2) Digital Tech Talent: The UK has more of Europe’s top 20 universities than any other European country

3) Digital Tech Collaboration: London hosts more Meetups than any other European city

4) Digital Business Growth: The economic output (GVA) of the digital tech industries is now £97 billion

5) Digital Tech Jobs: THE UK now has 1.64 million digital tech jobs and job creation in the sector is outpacing non digital

6) Digital Tech Investment Regionally: UK digital tech investment is diversified beyond London as other clusters attracted nearly £5 billion in tech investment

7) Digital Tech Productivity: The economic contribution of the UK digital tech sector is nearly double the national average

View the full Tech Nation 2017  Report

 

Sources:
References and image (1) are from the full report at Tech Nation
and The Bournemouth Echo.

Main photo image is courtesy of Paul Gillett.

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