Tech Nation 2017, the most comprehensive study to date of the UK's tech ecosystem, reports that the density of digital businesses in Reading is almost twice that of its nearest competitor.
With over 1000 data points, 220 community partners, 61 tech startup case studies and 30 UK tech clusters, Tech Nation 2017 marks the most comprehensive study to date on the UK’s tech ecosystem.
How does Reading's digital economy fare:-
|Digital density - 1st in UK||At 7.26, nearly twice the density of nearest competitor (Bristol & Bath 4.35)|
|Digital turnover - 2nd in UK||£12.5 bn, 13% of total UK digital turnover of £97bn|
|Average digital salary - 2nd in UK||£53,255|
|Digital job growth ( 2011-15)||30%|
|Digital GVA||£5.5bn (productivity)|
|Digital start up birth rate||21% (of all businesses in area)|
|Digital high growth firms||18% (in top 10% nationally)|
|Digital start ups||605 (average number of start ups 2011-15)|
|Meet ups||2nd outside London - local support/networking opportunities|
Tech Nation surveyed local start ups about what is good about being based in Reading and the challenges:-
Tech Nation has classified the UK into 30 clusters. Reading is defined as the ONS Travel to Work Area including Bracknell. Read the full report here
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