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Tech Nations
Paris KeyNote
BritishAmbassadors’
Residence
GerardGrech
ChiefExecutive
@gerardgrech
@techcityuk
Lastcentury,theUSused4.5gigtonsofcementbetween1901
and2000
Chinaused6.6Gigatonesofcementbetween2011and
2013
Shanghai's	Pudong	district	in	1987	(left)	and	2013	(right)
Ifyoulookat
digitaltech
throughthis
lens,Europe
hasworkto
do.
We’llget
there.
*Source:	GP	BullHound,	2017
Wefocusonambitioustechentrepreneursatallstagestohelp
thembuildgreatbusinessesthroughtargetedprograms
15000+	students	
in	training.	
200	companies.		
20	finalists.		
110	companies,	
raising	$1Bn+	
125	companies.	
See	next	slide	
As	well	as…	
	
•  Reports	
•  Insights		
•  Events		
•  Visa	Scheme		
•  Roundtables		
•  Policy	
informing
FutureFifty
Arguably,
Europe’s
most
successful
latestage
programfor
digital
businesses.
$5.5bn
raisedin5
years
4PARTSTO
THEPRESENTATION
DRIVERS OF A TECH ECOSYSTEM1
A UK SNAPSHOT2
EMERGING ENABLERS3
EMERGING SECTORS4
#TechNation
DriversofaTechEcosystem
#TechNation
Investinginhomegrowntalent&attractingtalentedpeopleiskey
#TechNation
DriversofaTechEcosystem
#TechNation
#TechNation
DriversofaTechEcosystem
#TechNation
Morefundsbyex-entrepreneursthaneverbefore
DriversofaTechEcosystem
#TechNation
THANK
YOUTO
ALL
INVOLVED.
UK TECH CLUSTERS
30
DATA POINTS
1,000+
SURVEY RESPONSES
2,732
TECH CASE STUDIES
61
COMMUNITY PARTNERS
223
#TechNation
THANKYOUTOOURPARTNERS
#TechNation
THANKYOUTOOURPARTNERS
#TechNation
CONFIRMS
THE GROWING
IMPORTANCE
OF DIGITALTO 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
X2THERATEOFTHEWIDERECONOMY,ATTRACTING
INVESTMENT
139
150
157
161
170
UK Digital Tech turnover (£bn)
2013
2012
2011
2015
2014
UK Digital Tech Investment (£bn)
3.7
4.0
4.2
8.6
9.3
11.4
28.0 UK
France
Germany
Netherlands
Italy
Denmark
Ireland
2011-
2016
#TechNation
UK DIGITAL TECH IS
GENERATINGHIGHQUALITY,
HIGHPAYINGJOBS
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
+85KYr-on-yr
#TechNation
THESE WELL-PAID JOBS ARE
BEINGCREATEDACROSS
THENATION
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)
47k
47k
47k
48k
48k
50k
50k
53k
53k Reading
Edinburgh
Newcastle
Leeds
Glasgow
Oxford
Manchester
Bristol & Bath
Cambridge
Source: Burning Glass, Tech City UK, 2016
DIGITAL TECH ECONOMY IS
BOOSTING PRODUCTIVITY&GROWTH
ACROSSTHECOUNTRY
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
32%
42%
51%
UK DIGITAL TECH IS
UPBEATABOUTTHE
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
3TO1
OPPORTUNITIES FOR GROWTH
KEY AREAS FOR OPPORTUNITTY
RAISED BY >2500 RESPONDENTS
HOME GROWN
TALENT
ATTRACTING THE
BRIGHTEST AND BEST
FINANCE AT EVERY
STAGE OF GROWTH
DIGITAL
CONNECTIVITY
GENDER
DIVERSITY
CO-WORKING
SPACES
#TechNation
AMAGNETFOR INTERNATIONAL
INVESTMENT&TALENT
Number of Github users:
London vs Other EU Cities
(2016) (000s)
23,265
11,990
10,145
4,850
4,759
4,461
4,178
3,479
3,309
2,644
2,475
2,398
2,274
London
Paris
Berlin
Madrid
Stockholm
Barcelona
Amsterdam
Munich
Source: Github, Tech City UK, 2016
Dublin
Warsaw
Oslo
Vienna
Copenhagen
Meetups in London vs Other
EU Cities (2016) (000s)
21,866
7,963
7,915
7,581
3,490
3,373
3,286
3,225
3,012
2,897
2,349
London
Amsterdam
Paris
Oslo
Zurich
Dublin
Berlin
Stockholm
Source: Meetup APL, 2016. Tech City UK, 2016
Madrid
Barcelona
Munich
#TechNation
RECORD INVESTMENT OF
HITSMANY
PARTSOFTHECOUNTRY
Source: Pitchbook, Tech City UK, 2016
74%
34%
44%
40%
68%
2012 2013 2014 2015 2016
Regional Digital Tech Investment as %
of Total Investment (2012-2016)
#TechNation
RecordinvestmentsintheUKin2017
£364M		 £391M		 £255M
RecordinvestmentsinFinTechas asector
£211M		 £82M		 £71M
Ripeconditionsarecreatinglargecompanies
*Source:	GP	BullHound,	2017
Emergingenablers
Sectorsshowingstrongsignsofgrowth,yr-on-yr
Inconclusion:DriversofaTechEcosystem
#TechNation
Thank you!
Please check
our website at
techcityuk.com
Or @techcityuk
#TechNation

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Tech Nations - Paris KeyNote March 2018