Information Technology - Sector Profile
London's best kept secret is a vibrant and growing Information Technology sector. The region is home to approximately 240 IT and IT-related firms that are developing everything from cutting-edge software for manufacturing firms, to real-time stock quotes, to virtual reality tours.
The local IT sector has shown incredible growth potential -- over the past year alone more than 20 IT companies have been established in London. While the companies in the industry tend to be scattered throughout the city, growth in the IT sector has had a notable impact on the downtown. A recent article in Business London magazine described the demand for downtown office space as "phenomenal" largely attributable to high-tech investment and the number of new IT firms. Many of these companies are creating clusters of activity within the buildings they occupy. The synergies that result are evident in a number of office buildings and research facilities throughout the city where IT companies share space and ideas.
| Industry Segment |
# of Companies |
|---|---|
| Access Providers |
9 |
| Content Services | 9 |
| Education & Training | 11 |
| E-tailers | 5 |
| Enabling Technologies | 3 |
| IT Hardware | 6 |
| IT Departments | 14 |
| New Media | 31 |
| Professional Services | 5 |
| Service Providers | 119 |
| Software Solutions | 47 |
| Telecommunications | 6 |
| Venture Capital | 5 |
The above information includes only those businesses listed in the IT Directory, and are not intended to provide a comprehensive summary of all the IT businesses in the London region.
