Edinburgh competing globally as a tech cluster

Published: 24 October 2018

Edinburgh ranks among cities competing on a “global scale” as a tech hub, according to a study that flags UK regions punching above their weight compared to top European capitals.

The research has been prepared for Tech Nation and the UK Government’s Digital Economy Council by venture capital analytics company Dealroom; ahead of secretary of state for digital, culture, media and sport Jeremy Wright’s first meeting with the Digital Economy Council.

Edinburgh is now competing on a global scale...and stellar tech firms are growing right across the country, spreading new jobs and investment...

The Rt Hon Jeremy Wright MP, Secretary of State for Digital, Culture, Media and Sport, The UK Government

 

The report compares the UK’s capital and its “thriving” regional cities with prominent tech hubs in Europe, saying the UK is now home to 15 “unicorns” – defined as tech start-ups that have achieved a valuation of at least $1 billion (£770,000).

It added that six cities have produced unicorns, and noted Edinburgh’s contribution with travel giant Skyscanner and data consultancy group Wood Mackenzie.

Skyscanner chief executive Bryan Dove said: “Having started our journey from our first office, in Edinburgh, over a decade ago, our growth continues to be bolstered by world-class talent coming out of Scotland’s universities and the flourishing tech-start up community in the city.”

It was revealed in June that Edinburgh is to host that Scotland’s first artificial intelligence and blockchain 
accelerator, while Amazon revealed last week that it was creating up to 250 jobs by expanding its development centre in the city... 

Full story via The Scotsman News

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