Tech jobs in Wales are continuing to grow
The number of digital technology jobs in Cardiff has grown by nearly a third over the past three years, according to research from Tech Nation.
Wales is experiencing an employment boost as it continues to build one of the UK’s most promising tech clusters. That was one of the core findings at the Cardiff leg of the Tech Nation on Tour.
Having taken place at Tramshed Tech last Thursday, the event brought together entrepreneurs, founders and tech ecosystem experts from across the country to discuss the opportunities and challenges in the sector.
During the evening, experts from Tech Nation’s insights team presented data highlighting the challenges faced by local entrepreneurs and start-ups.
This was followed by a panel discussion comprised of Mark Woods, CTO and co-founder of AI firm Amplyfi; Nicholas Fearn, DevOpsGroup; Julie Woods-Moss, advisor to Boston Consulting on AI and previously CMO at Tata; and Tracey Cooper, chief executive of Public Health Wales.
Digital Minister Margot James said: “These fantastic new figures show the Welsh tech sector is booming and a new generation of exciting and entrepreneurial tech startups are creating jobs and prosperity across the country.
“Our investment in Tech Nation’s new hub in Cardiff will help more firms access the skills, creativity and business training they need, and help the whole country capitalise on its world-leading talent in advanced engineering, electronics and aerospace.”
In the past year, Cardiff has witnessed a flurry of fundraising activity. This summer, DevOpsGroup received a £3 million cash injection from BGF, and Aviva bought a majority stake in robo investment start-up Wealthify.
Wales is also home to a new generation of tech start-ups, including Delio, We Build Bots, Bipsync, Backbase, Veeqo, Paperclip and Unicribs.
Meanwhile, Cardiff is becoming a hotspot for cybersecurity. In August, Cardiff University Was named an Academic Centre of Excellence in Cyber Security Research by the UK’s National Cyber Security Centre.
Gerard Grech, chief executive, Tech Nation, said: “Cardiff has all the ingredients to make a world-class tech cluster and it is great to see the companies that have been created here making significant progress, as well as attracting attention from investors.
“The UK economy is seeing big changes but Cardiff illustrates that the connections between innovation, engineering and the new digital tech economy will help to future proof the UK as we the digital tech sector pushes further into all corners of the country.”