Showcasing the Best of Welsh Business

International Event Puts Wales at Centre of Global Digital Economy

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The event will bring together more than 2,000 people including speakers from Google, Microsoft, Airbus and Cisco. The digital sector in Wales is made up of around 3000 businesses and employs in excess of 24,000 people and is expanding fast, between 2010 and 2013 digital start-ups in Wales grew by 87%, above the UK average of 53%. In February a Tech Nation report placed South Wales in the top five of the UK’s fastest growing “digital clusters”, with a vibrant network of entrepreneurs to share ideas and good access to public finance.

Wales is also developing a reputation in the cyber security industry.  The South Wales region in particular has a high concentration of innovative companies and university expertise in the sector and the region is recognised by the UK government as one of the primary locations in the UK for the research, development and commercialisation of security products and services. Recently US cyber-security firm Alert Logic opened its European HQ in Cardiff and Cardiff firm Net Consulting expanding operations and opening a new office in Australia to meet growing international demand.

SOURCE: gov.wales