A Guide to the Glasgow-Edinburgh Tech Hub


Get active: Universities of Edinburgh and Glasgow provide pool of experts to tech industry

Oil, gas, whisky, fishing and tourism: these are just a few of the industries that may come to mind when considering the Scottish economy. Now add technology to the list.

These days, the country is home to a thriving tech ecosystem with over 1,500 companies contributing £4.9 billion in gross value added (GVA) to the Scottish economy in 2019, or 3.5% of total GVA , according to figures from Scottish Government.

Moreover, the GVA per capita of the technology sector is 40% higher than that of the general economy, which puts technology on a pedestal.

Scotland’s tech cities of Edinburgh and Glasgow succeed: the former is the most active tech community outside of London, closely followed by the second in fourth place.

See also: More large-scale UK tech start-ups are exiting than ever before

The Scottish Government’s plan to support its digital technology sector is a robust strategy of measures to ensure the country realizes its potential. The Glasgow-Edinburgh tech hub is already an established area of ​​fintech activity and home to the third largest number of fintech companies in the UK. The legacy technology sector is also strong here, for example companies that focus on payment technologies.

The sector is booming thanks to a vibrant start-up scene and world-class universities. There are 10 universities in the two cities, including the University of Edinburgh, a world leader in AI. It provides a pool of expert talent to the industry.

In 2020, Scottish start-ups raised a collective £345 million in venture capital funding, and in the same year two local start-ups were among the winners of a nationwide Rising Stars program UK.

When it comes to unicorns, the country can count BrewDog, FanDuel and Skyscanner among its hits, with many future cereals in the mix: last year, research by data provider start-up Dealroom.co and the Digital Economy Council identified Amphista Therapeutics in Motherwell, Roslin Technologies in Edinburgh, Interactive Investor in Glasgow and NuCana BioMed in Edinburgh are ones to watch.

See also: Tech unicorns UK – complete guide to the billion dollar club

Investment in the region continues: Global, the media and entertainment group, last year announced the opening of a new tech hub in Glasgow. In Edinburgh, 31% of all jobs are in the tech sector, making it the fastest growing sector in the city.

Scotland also performs well in other areas. The UK Tech Cities Report 2022 CBRE rates both cities highly across a range of factors, including housing affordability and cost of living.

For those looking to advance in the wider UK tech sector, there is currently a range of managerial positions. Below, we’ve highlighted three that are worth checking out, and there’s plenty more to discover on the GrowthBusiness Job Exchange.

Head of Enterprise Risk Management, SaltPay

As the head of enterprise risk management (ERM) of SaltPay, you will be responsible for designing, establishing and integrating a holistic risk management framework that remains adaptable and applicable to an ever-changing environment within the fintech space. This role will lead the strategic design of risk management in the financial and non-financial areas of the business. It requires an in-depth knowledge of regulated services, with respect to the Payment Services Directive 2 (PSD2) and the Capital Requirements Regulation (CRR) of the European Banking Authority (EBA), as well as a solid working knowledge of the ever-expanding technology industry. You will be responsible for identifying, analyzing and mitigating internal and external risks that may impact the business today and in the future. Does it look like the work for you?

Inside Sales Manager, UKI, MessageBird

As the inside sales manager For Messagebird’s UK and Ireland Markets, you will be responsible for leading a team of SME Account Managers to exceed revenue targets, as well as responsibility for personally closing high-volume, high-velocity transactions on top of a regular mix of larger and more complex transactions. transactions. You will have over eight years of experience selling software products to SMB and mid-size customers in a fast-paced environment, including over two years of experience building and leading a SMEs or high performing outbound prospectors. mid-market full-cycle business executives. A “customer first” mentality and experience with marketing automation, CRM, email, or related marketing technologies are also required. Interested? Learn more.

Global Head of Indirect Tax, WeWork

The Global Head of Indirect Tax will lead WeWork’s global indirect tax function and manage a strong indirect tax team. You will be responsible for global VAT/GST compliance and advise the business on technical VAT/GST issues in over 25 different jurisdictions. The ideal candidate has a strong track record of leading a global indirect tax function and managing a global team, is quick to build strong working relationships, able to balance multiple priorities and has a hands-on approach with the ability to take a step back and see the big picture . In addition, you will be able to work under pressure and meet tight deadlines and it would be a plus to have experience both internally and in the “Big 4”. Apply now.

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Kirstie McDermott works for our partner job board, Jobbio. Based in Dublin, she has been a writer and editor on print and digital platforms for over 15 years.

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