The number of capital jobs in the digital tech sector soared to more than 48,100 in 2017, growing at a rate three times faster than the national average, according to a report released today by entrepreneur network Tech Nation.
Edinburgh has established itself as a thriving tech hub not just in Scotland but across the whole of the UK...George Windsor, Head of Insights, Tech Nation
It found Edinburgh’s tech sector contributed revenues of nearly £4 billion to the economy last year and now employs almost 60,000 people. One in five job vacancies currently advertised in Edinburgh is in the tech sector, with the city offering the UK’s highest industry salaries, after London.
The report adds that the difference between cost of living in the two cities enhances Edinburgh’s appeal, while the city’s average tech job pays £42,500, almost 15 per cent more than the average non-tech counterpart.
The Scottish capital is also responsible for creating three of the UK’s tech unicorns: travel comparison site Skyscanner, fantasy sports platform FanDuel and data consultancy group Wood Mackenzie.
Vicky Brock, chief executive and founder of Edinburgh online security firm Vistalworks, added: “A supportive network of entrepreneurs and an active investment scene, coupled with world-class universities - and the fact that it’s such a friendly and beautiful part of the world to live in...”