The north east may be well known for its manufacturing and industrial heritage, but its technology sector is here – and is even influencing the other side of the Atlantic.
The region is home to Sage, a FTSE100 company, based in Newcastle, with a number of other technology and gaming companies including Ubisoft, Refections, Epic Games UK and CCP Games bolstering a thriving sector employing around 26,000 people.
It’s an industry that grew 32% faster than the rest of the economy from 2010-2014, and generated an impressive £161bn nationwide in 2014 according to figures from techcity.co.uk.
And the north’s tech sector is so successful that it has started to cross continents.
April saw Newcastle firm SoPost trade the Tyne Bridge for the Brooklyn Bridge to open an office in New York’s empire state building – just three years since starting up.
They will continue to have their headquarters in Newcastle though in a move that is a testament to the strength of the area’s digital economy.
It’s not just the states where north east business and technology are meshing. Verticly are another company with roots in Newcastle. They expanded in March 2016 into Greece after €1m of investment.
Yes, the region may have the most productive car manufacturing plant in the country in the Nissan plant and yes, the region has a proud history in shipbuilding and industry.
But as the 21st century motors on with new technical innovations changing the way we do business, the North East is in pole position and is wired for success.
And for those investors looking to get plugged into the north east’s flourishing technology industry, Week2Week apartments is the ideal alternative to cramped hotels.
Offering spacious apartments in prime north east locations, you really can be at the centre of the hub of business – both digitally and physically – letting you strike those deals in style and comfort.