Truro & Redruth

By

Emma J

Last Updated: 4, June 2024
  Number of Digital Jobs
  Digital GVA
  Digital Concentration
  Average Advertised Digital Salary
  Startup Births
  Tech Sector Growth Potential

What’s there

Cornwall’s digital tech cluster might be small, but it is increasingly mighty – centred on Redruth and Truro, but expanding to Camborne, Falmouth, Newquay and beyond. People and businesses come for the coastal quality of life. They stay, however, for the community and the connectivity.

Superfast broadband means Truro now has more fibre connections than most European cities, while the sector is backed by a collaborative ecosystem. Founded in 2011, Software Cornwall has worked hard to turn once fragmented activity into a cohesive community.

What’s more, the Digital Peninsula Network supports 700 members throughout Cornwall. The Agile on the Beach conference is a highlight of the digital tech scene, while Invest in Cornwall works to attract new businesses.

What’s new

Talent and skills are developing fast here. Falmouth University has set up an academy concentrating on the computer games industry, while Cornwall College has improved its computer courses to match industry needs and launched a new Software Degree.

The College has also teamed up with Bluefruit Software to launch their I Am Digital programme, helping students to earn their Technical Baccalaureate while working on real projects.

There is also increasing support for businesses from organisations like ‘Spark’ – a business development programme from Truro and Penwith Colleges – and networking opportunities such as the Software Cornwall Business Connect Event, held in January, (and last June), with 130+ attendees from digital tech businesses.

What’s up next

Plans are afoot to create Fibre Park, a business and education centre, while Superfast Cornwall is preparing to roll out further broadband upgrades.

  • Craig Girvan & Toby Parkins

    Directors & Founders, Headforwards

    What we do

    Headforwards is an outsource software development company. We have a disruptive model that revolves around us building long lasting partnerships with our clients and providing them with dedicated teams of developers.

    Why Truro & Redruth?

    Location is an important part of our brand, but it also plays a part in our recruitment and staff retention. Cornwall is a desirable location for developers to be based in, and being here helps us to attract global talent.

  • Paul Massey

    Director, Bluefruit Software

    What we do

    Bluefruit Software specialises in developing embedded software for quality-focused equipment manufacturers in the medical/scientific, automotive and consumer sectors.

    Why Truro & Redruth?

    While there is a global shortage of digital tech skills, Bluefruit taps into the raw talent pool in Cornwall with a homegrown training strategy. This includes innovations such as the Digital Academy – a collaboration with Cornwall College.

Economic stats

1,380 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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0.44 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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£39 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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22 Startup Births Startup births – Average number of startup births 2011 – 2015 (Source: BSD)

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51% Turnover Growth
31,322 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

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

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£148,125 Average House Price Average House Price – Semi Detached Average House Price (Land Registry, Dec 2016)

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

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Cost of doing business

What local startups say is good

91% Overall Quality of Life
79% Tech Sector Growth Potential
46% Strength of Digital Economy

What local startups say is a challenge

60% Lack of Supply of Highly Skilled Workers
53% Poor Transport Infrastructure
43% Low Level Awareness of a Local Digital Industry
Download more details on survey responses for this cluster