London has been named the world’s second finest marketplace for tech expertise, behind solely San Francisco, in line with new analysis.
The International Tech Markets: Prime Expertise Places report from Colliers ranked worldwide tech hubs on the depth of expertise, educational infrastructure, innovation and startup exercise and economics and enterprise fundamentals.
The UK capital was ranked within the penultimate spot, beating out the likes of New York, Seattle and Beijing, based mostly on its world-class analysis establishments and excessive performing enterprise and funding ecosystem.
Different indicators that factored into the rankings included job progress, output of universities, enterprise capital flows and productiveness.
Europe as a complete carried out comparatively properly within the rankings, with Paris and Dublin additionally cracking the highest 10. EMEA was discovered to be probably the most extensively represented area within the world prime 50 markets, with 22 cities featured.
“Location technique throughout Europe for the worldwide expertise sector continues to be pushed by key cities that possess the deepest and most dynamic expertise hubs and digital ecosystems,” mentioned Andrew Hallissey, chief govt officer for world occupier providers at Colliers.
“Firms are aligning their expertise, innovation, and area methods – and it’s thrilling to see London rank quantity two on this planet.”
The findings put London firmly on the prime of Europe, regardless of current studies suggesting progress in Paris was beginning to outpace it.
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