Berkshire’s digital tech sector thriving

Tech Nation 2018 Report

The 2018 Tech Nation report, published yesterday Thursday 17 Mary 2018, highlights the growing strength of Berkshire’s digital tech sector. The report includes in-depth data visualisations for exploring the digital tech sector in all parts of the UK, as well as recommendations for tech businesses, policymakers and corporates for further accelerating the growth of UK tech.

Reading is identified as one of 30 key digital tech clusters in the UK, with digital tech business turnover of £13.6 bn in 2017 and over 58, digital tech jobs.

Newbury was ranked 2nd in terms of the productivity of local tech ecosystems (£304k), closely followed by Slough and Heathrow at 4th (£240k) and Reading at 7th (£234k).

Whilst Slough and Heathrow experienced the 2nd largest increase in digital startup births (536% percentage change 2006 vs 2016).

The report states: “Reading’s proximity to London and Heathrow airport has long attracted major multinationals, including Microsoft and Oracle. However, its startup community is now growing too, and tapping into the established expertise and resources available in the city.”

Caroline Perkins, Thames Valley Berkshire LEP’s Economic Research Analyst said: “This year’s Tech Nation report is first-class. It provides a detailed assessment of Berkshire digital tech ecosystem, highlighting its many strengths. We welcome the adoption of an open data reporting approach and intend to use the granular data provided to strengthen our local evidence base.”

Read more of what the Tech Nation 2018 report has to say about Reading’s digital tech cluster.

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