Friday, May 29, 2020

Lincolnshire’s digital sector now worth close to £1 billion

Lincolnshire’s digital sector is now worth close to £1 billion, according to a new report.

The latest findings presented in the 2019 Digital Landscape Report, commissioned by Business Lincolnshire, show that the sector has grown by an additional £213 million to £992 million in just two years and now employs 8,250 people (up from 7,045 in 2017).

The report, presented last week at the fifth annual Business Lincolnshire #GoDigital19 conference, also revealed that the digital sector is one of the fastest-growing sectors in the county. An additional 394 businesses have launched in the sector since 2017 when the first report was published.

Speaking at the #GoDigital19 conference attended by over 100 businesses, Zoe King, digital lead for the Greater Lincolnshire Local Enterprise Partnership, said: “The digital landscape for Lincolnshire is advancing in a big way. This report has highlighted so many positives for Lincolnshire.

“I’m confident that by growing and supporting our digital community, we can work together to keep talent in our county and help to nurture those wanting to develop a career in digital.

“This is really exciting news and I’m confident that if we support this sector further, we can put Lincolnshire on the digital map.”

In addition to highlighting significant growth, the report also highlighted several geographical hotspots for digital growth in the county.

Greater Lincoln, including Lincoln and North Hykeham, is the biggest key cluster for digital businesses and responsible for more than half of the digital sector’s total turnover. A third of Lincolnshire’s digital businesses are also located here. The Greater Lincoln area is also a hub for the manufacture of electronic components, publishing, computer programming and consultancy, IT and computer services, and telecoms.

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