XIST4 IT Recruitment

London Is Quickly Emerging as a Major Hub for High-Tech IT Startups

London has always been a favorite place with enterprises and big businesses. However, over the past few years, it has also attracted many high-tech IT start-ups.

 

London, UK -- (ReleaseWire) -- 02/21/2014 -- London has always been a favorite place with enterprises and big businesses. However, over the past few years, it has also attracted many high-tech IT startups. According to a research conducted by UHY Hacker young - a reputed accounting firm, Tech City of London was revealed as the key location for UK start-ups, and as many as 15,720 businesses were launched in the past year. The area has always been known as a hub of high-tech UK technology, and the fact that these start-ups were mostly related to the tech sector emphasized the reputation of this area as a central point for high-tech IT startups.

Xist4 IT Recruitment, one of the leading IT recruitment London firms, which has been helping many tech start-ups and companies recruit employees with relevant skills, recently organized a discussion panel with IT experts to highlight the growing popularity of London, in general, and Tech City in particular for state-of-the-art IT startups.

The experts, many of whom have studied data of several IT employment agencies London, discussed among themselves how the government offered financial support for Tech City and helped promote it as the launch-pad for new businesses, which was one of the main reasons why a large number of new businesses set up shop in the zone.

One of the speakers quoted Colin Jones’s comment about the popularity of Tech City. The UHY Hacker Young partner has told earlier how the region around Old Street has always been a favorite business destination for many, thanks to relatively cheap rents. However, the popularity soared immensely over the past few months when the high-tech start-ups and other internet as well as app industries started colonizing the area. Taking the discussion forward, another speaker commented how St James’s, Borough of Bermondsey, Canary Wharf, and Bishopsgate in particular attracted thousands of start-ups during 2012.

The last leg of session focused on how this boom would bring business to IT employment agencies London as more and more start-ups would hire them to recruit the right talent without costing them a bomb. The speakers also lauded the effort of Xist4 IT Recruitment - a premier IT job agency London, in bringing together relevant jobs for job seekers and helping high-tech start-ups to find talented people in a faster and more efficient manner.