Colors: Purple Color

The region’s technology sector is booming to such an extent that many businesses are struggling to recruit enough skilled people, the mayor heard during a meeting at a top West Midlands tech firm. 

Andy Street, Mayor of the West Midlands and Chair of the West Midlands Combined Authority (WMCA), heard first-hand, during a visit to Birmingham-based IT company Intercity, how staff recruitment and retention were proving to be key barriers to growth for many West Midlands tech firms. He was joined by Martin Ward, the region’s tech commissioner, on a tour of the company, which has seen year-on-year growth of around 20%, and is a key player in the local tech industry.  

The West Midlands has the fastest growing tech sector in the UK, worth over £15.3 billion, and saw 2,378 tech start-ups registered in 2022 — an increase of 22%. Figures released by TechWM suggest around 144,000 employees work for a tech-based company in the West Midlands and recruitment for tech-based positions has increased by 31% in 2022. 

To help plug the skills gap WMCA, during the 2022/23 academic year, has earmarked £14.7 million into tech and digital skill courses supporting approximately 11,000 individual learners. Vacancies for tech and digital roles also reflect high demand with nearly 10,000 job postings in the last month alone, according to figures from the WMCA. 

The Mayor said: "When we look at the avenues open to us here in the West Midlands to power economic growth, it’s clear that technology will play a pivotal role in shaping our future.