Monday, February 22, 2016

News: Sheffield and Rotherham's growing tech hub


The Sheffield and Rotherham area has been identified as one of 27 digital tech clusters in the UK by Tech City UK, the Government-backed organisation that delivers programmes focused on accelerating the growth of digital businesses.

The organisation's latest Tech Nation report is the most comprehensive analysis of the UK's digital technology economy to date, showing how the sector is driving economic growth, employment and regional development.

Produced with innovation charity Nesta and supported by core data partner Growth Intel, the report reveals that digital tech industries in the UK are growing 32% faster than the rest of the economy. It analysed data from Government, job advertisements and official ONS data and shows the continued growth of digital tech clusters. These findings are focused upon the areas where digital technology businesses are having the greatest impact: economic growth, employment, productivity and the digital disruption of traditional industries.

Sheffield and Rotherham is used as one of the case studies. There are 14,313 digital tech jobs in Rotherham and Sheffield pumping £273m Gross Value Added (GVA) into the local economy. Last year, the average salary a tech professional could expect in region was £42,058 – much higher than the average local working salary of £26,141.

It highlighted that Sheffield and Rotherham's strengths are built on expertise in Data management & analytics and Telecommunications & networking, with recently established specialisms in Hardware, IoT and E-commerce. Other specialisms include app & software development and enterprise software & cloud computing.

The report highlighted the impact of the city region's two universities, the importance of modern manufacturing and the access to graduate talent, commercial property and business support. Weaknesses including the economic climate, access to finance and affordable property were also highlighted.

Edward Highfield, director of Creative Sheffield, the economic development arm of Sheffield City Council, said: "Sheffield has a strong tech and digital sector and this plays an important part in attracting and retaining talent within the city. We have some innovative support and accelerator growth programmes in Sheffield, which have contributed to the success of the sector in recent years; a trend that is set to continue with projects such as the Digital Campus underway."

The latest KPMG/Markit Tech Monitor UK Survey revealed that Rotherham has one of the fastest growing technology clusters in the UK. Rotherham had the third fastest increase in tech sector enterprises over the last year, up by an impressive 21%. It was the only local authority in Yorkshire and Humber to enter in to the UK's top 25.

Tech City UK website

Images: RiDO


Mr me February 22, 2016 at 1:57 PM  

Pretty sure theyll all be classed as in Sheffield before long,cant have Little old Rotherham steeling Shitfields glory!

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