If you are planning to expand your IT company, London is one place that you should consider. London has over 150,000 employees in the field of digital technology and there are more than 20,000 students taking up computer science in this city. Below are some of the advantages that the tech scene in London has to offer.
Niche cluster. If you go around the capital, you will notice the different tech hotspots that are thriving. You’ll find tech companies that specialize in software and gaming. There are a lot of business process outsourcing companies as well. Telecommunication companies are doing well in London too. You can choose to set up your business in Tech City or you can set up in Croydon. You could even open your business in HereEast which is a business park in Queen Elizabeth Olympic Park. But if you want to settle in the heart of London, you might find your business thriving near the headquarters of Google.
World-class talent. You will find yourself in a city that offers world-class talent. London has more than 150,000 professionals that are involved in digital technology. This means that there is a wide selection for you to choose from for your potential employees. Apart from the professionals, there are around 20,000 students in London taking up computer science.
Visas that are tech-friendly. Because you are a potential entrepreneur, you can enter the United Kingdom without having to Tier 1 visa just yet. You can secure your funding and make the arrangements that you need to set up your business first before having to get the said visa.
Advanced infrastructure. The broadband in London is super fast and its transport network is reliable. This means that you can avail of world-class connectivity for your business and you also have customer access. As an added bonus, this industry is a huge market in London. It is worth $27 billion. The ICT market in London is considered to be the largest in Europe.
One of the best known areas in London as a Tech scene is the Silicon Roundabout of London. At a first glimpse, the place does not seem to have much to offer. All in all, the place looks unattractive and depressing. Traffic is present in the roundabout of Old Street which happens to have a huge billboard. Just because it looks ugly though, it does not mean that it is not important. Behind the depressing facade of the Silicon Roundabout brews interesting things. This is where you will find the heart of the emerging tech industry in London. Many would say that the Silicon Roundabout is the next hottest tech scene after Silicon Valley. It won’t be long now before the new facade of the Silicon Roundabout will be witnessed by the rest of the world. The UK government has already made an announcement that they will be regenerating the Roundabout and around $77 million will be invested for this project to happen.