Ipswich

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Last Updated: 4, June 2024

Ipswich

  Number of Digital Jobs
  Digital GVA
  Average Advertised Digital Salary
  Startup Births
  Digital Concentration
  Tech Sector Growth Potential

Notable Universities

Notable Companies

Notable Accelerators

Notable Meetups

What’s there

Telecoms are top dog in Ipswich. BT’s Global Research & Development Campus, Adastral Park, employs more than 3,000 people. Former BT employees have gone on to set up successful businesses in the area, including Sharedband and Zog Energy.

Also based at Adastral Park is Innovation Martlesham, a cluster of more than 90 high-tech ICT companies, which also runs its own ICT business incubator.

What’s new

In August 2016, University Campus Suffolk became the University of Suffolk, fully independent from the University of East Anglia (UEA) and the University of Essex.

The University of Suffolk is expanding its STEM provision and has established the Ipswich Waterfront Innovation Centre, offering support to entrepreneurs and ICT businesses. It also hosts the Ipswich Games Hub, which will work with computer design students to develop entrepreneurial skills.

BT launched the Tommy Flowers Institute at Adastral Park. The institute will focus on bringing ICT-sector organisations together with academic researchers exploring areas, such as cyber security, big data, autonomics and converged networks.

New Anglia Local Enterprise Partnership has launched both a micro grant scheme, and a new co-investment fund, New Anglia Capital, providing match funding with angel investors.

What’s up next

The British Robotics Seed Fund, newly launched at Adastral Park, will invest in a dozen promising robotics startups from across the UK each year.

Meanwhile, a £4 million project, Innovation Bridge, is being launched to deliver advice and grants to SMEs across the east of England.

  • Paul Bensley

    Managing Director, X-on

    What we do

    X-on creates and delivers smart and secure telecoms to finance companies and healthcare providers including BUPA, Care UK and GP surgeries nationally. X-on combines close working with clients with extensive technical experience of cloud-based contact centres to deliver its solutions.

    Why Ipswich?

    X-on’s location in Suffolk means we can access the City of London in one hour, while providing staff with space to think and breathe without the cost of city dwelling.

  • Mark Thomas

    Technical CEO, Coderus

    What we do

    International software company Coderus specialises in embedded and mobile application solutions for brands including Bowers & Wilkins and Land Rover BAR. Coderus hosts the East’s annual Google, Apple and Microsoft live-stream events

    Why Ipswich?

    Being based at Adastral Park – BT’s R&D; campus just outside Ipswich– has been one of the keys to our success. Ipswich offers-low cost offices, access to highly skilled talent, great connectivity with London and a positive work/life balance.

Economic stats

9,981 Number of Digital Jobs Number of digital jobs – An estimation of employment in the digital tech industries and the digital tech economy. The APS has allowed us to capture digital embeddedness, that is digital experts working in non-digital industries. It also coves freelancers and self-employed workers. (Source: ONS Annual Population Survey)

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0.33 Digital Concentration Digital concentration / Location quotient (LQ) – Indicates the geographic concentration of digital business turnover relative to the UK. A value of one indicates average digital concentration, while a value of greater than one indicates a higher concentration. (Source: BSD)

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£163 million Digital GVA GVA (Gross Value Added) – Average digital GVA between 2013-2015. GVA measures the contribution of each economic unit by estimating the value of an output (goods or services) less the value of inputs used in that output’s production process. (Source: ABS/BSD) .

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91 Startup Births Startup births – Average number of startup births 2011 – 2015 (Source: BSD)

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27% Turnover Growth
£41,025 Average Advertised Digital Salary Average Advertised Digital Salary – Digital tech economy average salary (2016) in each cluster (source: Burning Glass)

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Standard of living

7.32 Life Satisfaction Life satisfaction – Life satisfaction (10 pt scale, ONS data)

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£201,734 Average House Price Average House Price – Semi Detached Average House Price (Land Registry, Dec 2016)

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4.9 Housing Affordability Ratio Housing affordability ratio – House price to salary ratio

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Cost of doing business

12.5 Commercial Rent Per Annum (£ sq/ft) Commercial Rent Per Annum (£ sq/ft) – Prime office rents (JLL< 2016)

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What local startups say is good

87% Overall Quality of Life
64% Cost of Living
61% Tech Sector Growth Potential

What local startups say is a challenge

51% Lack of Supply of Highly Skilled Workers
40% Poor Transport Infrastructure
38% Poor Digital Infrastructure
Download more details on survey responses for this cluster