Around 3,240 companies in the area are making use of and relying on technology to run their businesses. The city is believed to support more growth and jobs than many other areas in the country according to a report by the National Institute for Economic and Social Research commissioned by Google.
The detailed report uses new data from real-time business tracker Growth Intelligence, and draws a map of jobs and growth across the country. It also reveals just how far traditional sectors, such as manufacturing, architecture and engineering, have embraced digital technology.
Max Nathan, senior research fellow at NIESR, said:“Policymakers have identified the digital economy as one of the UK’s key economic strengths.
“The old image of tech businesses as start-ups that make no money is out of date too: using big data we show a broad array of active businesses selling digital products and services.”
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