Bristol has now been making millions of pounds for the country’s economy as it has risen fast to become the most technologically advanced city in the country.
While this city has beaten Vienna, Cambridge, and Rotterdam in the top 10 most technological cities in Europe, it has also been recorded to have 50,000 to 70,000 citizens situated in high-tech employment. This has been observed by CBRE, an investment company, on their global tech city analysis. This has been noted because of the presence of big companies that run technological industries like telecommunications, phone manufactures, and machines. Nokia, Vodafone, EE, and BT have been based in Bristol for long. Lloyds Banking Group, one of the largest tech talents, were also based in Bristol.
Virtual, cyber, and artificial intelligence companies like Gapsquare, Ultrahaptics, and Graphcore had been noted as one of the key companies in Bristol responsible for bringing in millions of pounds in Bristol and the UK economy when it comes to technology. These three have been working on projects that could bring more innovations to the technology we have become acquainted with.
Gapsquare had been developing software that could analyze a company’s performance rate and give feedback on where they are strong and where they need to improve. Ultrahaptics have been working on a virtual reality project that would be operated by sound waves, and Graphcore continues to build highly advanced intelligent processing units for use in technological industries around the world.
The managing director of CBRE in Bristol, Tom Morris, said that the city’s strong universities and the vibrant, urban environment had made the city into an attractive destination for developing talents for the youth and welcome tech companies of all sizes. Bristol has grown its employment rate since 2008 by 25%, which is a promising number for the city and the country as well.