Sheffield

By

Emma J

Last Updated: 11, September 2024

Sheffield

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

What’s there

Digital tech companies are not just born in Sheffield, they bloom here too. Plusnet was acquired by BT in 2007 and, more recently, WANdisco floated on AIM in 2012 and now has a substantial presence in Silicon Valley.

Today, the Floow employ more than 70 people in the city, while technology developed on the Advanced Manufacturing Park is being used in the next generation of aircraft.

This growth is well supported by organisations such as Sheffield Digital and workspaces such as Electric Works.

What’s new

The city’s second University Technical College opened in September, while 2016 was also officially a ‘Year of Making’ in Sheffield, paying homage to Sheffield’s heritage and reputation as a place where people create, make and develop products.

Access Space opened a new, inclusive makerspace in the city centre last year, and Campus Capital was launched from the University of Sheffield. The fund invests in early-stage digital tech companies, be it university spinouts or local startups.

What’s up next

All eyes are on the construction of the University of Sheffield’s new Advanced Manufacturing Campus on the Advanced Manufacturing Park. What’s more, Factory 2050 is now up and running. The factory – labelled the Factory of the Future – is the UK’s first totally reconfigurable, digital factory for collaborative research.

Sichuan Guodong Construction will invest £220 million in Sheffield over the next three years. What’s more, the city’s first dedicated ‘digital incubator’ is due to open, after Sheffield won £3.5 million from central government.

  • Carl Cavers

    CEO & Co-founder, Sumo Digital

    What we do

    Sumo Digital is a world-class, award-winning,independent game development studio headquartered in Sheffield. Formed in 2003, Sumo now employs more than 350 people across studios in Sheffield, Nottingham and Pune (India).

    Why Sheffield?

    Sumo is proud of its northern heritage. The Sheffield HQ has strong roots in the area stretching back over 30 years.

  • Paul Beech

    Director, Pimoroni

    What we do

    Pimoroni make and sell tech treasure for tinkerers. If you want to learn about electronics, we want to help you start. As well as selling our own products, we also sell the best tools from the maker community.

    Why Sheffield?

    Sheffield has the right mix of big city ideas and small town feel – we love it here. There is a lack of friction to setting up a business. That, plus its ‘making’ heritage and DIY culture mean it’s the perfect place for Pimoroni to be.

Economic stats

18,961 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)

0.19 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)

£339 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) .

11% High Growth Firms High growth businesses – Proportion of digital tech businesses classified as high growth. Refers to businesses with 10 or more employees that are in the top 10% of all companies in terms of growth. (Source BSD, 2015).

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

38% Turnover Growth
46,278 Average Advertised Digital Salary Average Advertised Digital Salary – Digital tech economy average salary (2016) in each cluster (source: Burning Glass)

Standard of living

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

£148,207 Average House Price Average House Price – Semi Detached Average House Price (Land Registry, Dec 2016)

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

Cost of doing business

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

What local startups say is good

82% Overall Quality of Life
74% Cost of Living
70% Tech Sector Growth Potential

What local startups say is a challenge

51% Lack of Supply of Highly Skilled Workers
44% Poor Transport Infrastructure
35% Low Level Awareness of a Local Digital Industry
Download more details on survey responses for this cluster