Digital Skills startups UKTech

1. Skilling up
and changing
pathways:
a view from
the UK start-
up sector
Gerard Grech
London
November 2022

2. Source: DealRoom/Tech Nation, People & Skills Report 2022
Private Venture Capital investment in 2022 by
the top 4 countries, globally
$11.8B
$14.8B
$15.6B
$123.4B
Cumulative tech unicorns and $1B exits
140
120
100
80
60
40
20
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
122 UK
62 Germany
34 France
32 Sweden
25 Netherland
22 Switzerland
13 Spain
Start-ups guide European tech trends
2

3. Source: ONS/Tech Nation, People & Skills Report 2022
2.18
2.32 2.33 2.44
2.61 2.7 2.69
2.86 2.98
3.3
4
4.7
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
5
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Digital
economy
jobs
(Mn)
Digital tech economy jobs by year in the UK
Tech job creation doubles in a decade
3
6x

4. Source: Adzuna/Tech Nation, People & Skills Report 2022
Demand is driving a premium and place
4
Global
ranking
City
Cost of
living score
(Number)
Average
Tech
Salary
1 New York 100 £115,679
2 London 85.62 £75,278
3 Sydney 83.21 £60,701
4 Singapore 83.98 £59,871
5 Amsterdam 80.82 £54,962
6 Berlin 68.94 £44,470
7 Rome 71 £44,037
8 Madrid 56.64 £32,651
9 Hong Kong 80.71 £46,071
10 Paris 84.35 £46,891
11 Barcelona 61.15 £32,056
12 Tokyo 85.61 £44,262
£0K
£20K
£40K
£60K
£80K
2017 2018 2019 2020 2021 2022
Software & IT All Other Sector
Average salary for tech and non tech sectors

5. Highly in-demand and prized
5
When we talk about Software
Engineering, we see the following
skills being advertised:
Engineering
.net
Javascript
Java
C++
Data
SQL
Python
Amazon Web Service
Client
Source: Adzuna/Tech Nation, People & Skills Report 2022
0 20000 40000 60000
Number of advertised vacancies 2021-2022
Job
Title
Software Developer
Business Analyst
Java Developer
Devops Engineer
Project Manager
Engineer
Data Analyst
Product Manager
Consultant
Full Stock Developer
Data Engineer
NET Developer
Front End Developer
Analyst
Data Scientist
Product Owner
Data Architect

6. Supply of tech skills are fast evolving
6
Source: GitHub/LinkedIn 2022/UK
Cloud Computing
Project Delivery
Requirements Analysis
Managed Services
Agile Methodologies
Stakeholder Management
Software as a Service (SaaS)
Enterprise Software
Solution Selling
Service Delivery
2015
Amazon Web Services (AWS)
Microsoft Azure
Agile Methodologies
SQL
Jira
Cloud Computing
Python (Programming Language)
Git
Kubernetes
React.js
NEW
NEW
NEW
NEW
NEW
NEW
NEW
NEW
2
5
2021

7. Source: LinkedIn 2022
Skills vs. degrees; who’s asking?
7
+21%
in job postings
advertising skills
and responsibilities
instead of
qualifications and
requirements
+40%
Number of
positions that
don’t require a
degree
+34%
Employees without a
traditional four-year
degree stay at
companies 34%
longer than those
with such a degree

8. Screened for
potential
Paid to be trained
for tech skills
Performance
unlocked through
2 year placement

9. Varying pathways to becoming tech
specialists.
9
Olivia Kasia Aaron
before Academy before Academy before Academy
Classics at Cambridge Anthropology at UCL Law at Durham
after Academy after Academy after Academy
Product Manager Software Engineer Data Engineer
4 continents 55% 30% 65% 25%
trained and placed across female Black Black, Asian or minority ethnic socioeconomic disadvantage

10. As featured in:
Created by: In partnership with:
A 2 year free-of charge
fellowship using a unique (no
teachers), globally proven,
on-campus peer-to-peer
learning mode to produce full
stack developers.
Similar schools in other
European countries have
emerged.

11. Source: Brown University Research 2020 11
Have we been here, before?
William Armstrong, inventor of steam
engines, trained and worked as a
solicitor.
Edmund Cartwright, famous for inventing
the power loom which drove most textile
development, was an Anglican vicar who
read poetry and classics at university.

12. Combating the ‘Great Resignation’
13
8%
9%
9%
20%
23%
26%
27%
37%
62%
82%
Paying bonuses to employees who recommend new hires
Other (please specify)
Eliminating four-years degree requirements in cases where it…
Creating new, non-traditional recruiting channels
Expanding benefits packages
Increasing pay at a rate faster than inflation
Trying to identify potential resigners in advance and re-recruit…
Strengthening our company’s stated purpose
Training leaders in how to better empower and engage employees
Allowing more flexibility in work times and locations
Several CEO respondents indicated that campaigns focused on reskilling and up-killing their workforce had a significant impact on
combating resignation

13. One of Europe’s
fastest growing
unicorns
A Vibe Team.
13
A purpose-built team to create a
remote-first culture that is sustainable
and scalable.
Actively listening to Hopineers,
delivering tools, programs, and
moments that make it easy and
inspiring to work at Hopin.

14. Thank you
for listening