According to the Tech Nation 2016 report, the Reading and Bracknell tech cluster is now the country’s largest cluster of digital businesses outside London. The area around these two towns is the home of digital businesses which contribute about £10bn in annual turnover to the British tech economy.
Reading and Bracknell are commuter belt towns on the M4 corridor. The tech cluster, identified in the Tech Nation 2016 report, has one of the largest digital tech workforces and some of the highest salaries in the country. It is driven by international talent, with 29% of businesses stating they employ non-EU citizens – the highest figure in the UK.
Large tech multinationals set up here in the 1980’s and 90’s – Oracle, Microsoft, Cisco, Dell, Fujitsu, HP, Huawei – and in more recent years a number of high growth UK tech start-ups have been created in the area – DataSift, Osirium - as well as other non-UK start-ups opening UK offices here.
However, the Reading and Bracknell tech cluster continues to trail behind London which attracts most of the investment, talent and media coverage in the South East. London’s tech cluster contributes about £62.4bn in annual turnover and 328,223 digital jobs with an average advertised salary of £58,978.
Richard Wheeler Associates is a Search & Selection consultancy that partners with fast growing IT and digital companies in Reading, Bracknell, London and the M4 corridor / Thames Valley area to hire highly skilled, specialist people who can make real quantifiale difference.
The Tech Nation 2016 report is an annual report outlining the depth and breadth of the UK’s digital ecosystem. The research is carried out by Tech City UK and Nesta.