A new publication ranked tech cities across the globe bases on their performance across these five categories. Austin ranks first as a more affordable, talent-rich alternative to San Francisco. New York, America’s premier world city, comes third. The US is home to many of the biggest and most innovative tech companies. Cities here benefit from superior access to venture capital and funding that help scale-ups to grow. Across the categories presented Austin ranked #1 in America! See inside the study here.
Savills Tech Cities aims to understand the many, diverse factors that make places a good location choice for the tech sector. They have identified the 22 global centers at the forefront of tech, all of which have thriving and growing tech industries. They are at the top of global shopping lists for tech companies looking for space in which to locate.
- Cities attract talent. Employers need to understand what makes these urban centres successful so they can identify the best locations for future expansion and relocation.
- Access to venture capital and talent give US cities a lead on other global centres. Austin beats San Francisco to the top of the table because it is so successful in attracting human capital.
- Liveable and vibrant Berlin tops our ‘City Buzz and Wellness’ measure. London ranks high for its extensive cultural and entertainment offer.
- Rising on a global stage, tech centres such as Santiago, Buenos Aires and Cape Town are magnets for talent in their regions and have the potential to become global players