The UK is likely to see a ten-fold rise in mobile data usage over the next five years, fuelled by an insatiable consumer appetite for on demand video services. As data streams swell into data floods, fulfilling that demand becomes essential to attracting investment and remaining competitive.
Edinburgh’s global reputation as a knowledge economy is rooted in the performance and international outlook of its four universities.
According to recent figures published by Innovate Finance, global investment in financial technology (Fintech) ventures has rocketed from $930m in 2008 to $12.5bn in 2015, with recognised tech clusters such as Edinburgh supporting London’s global dominance.
The city’s strong performance in the new digital knowledge economy is borne out by recent research from KPMG, which has found that the tech sector now accounts for one in every eight businesses in Edinburgh.