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Tech

Tech skills and digital careers could boost the South West economy, new report says

The Tech Frontier: Shaping the Future of the South-West Peninsula highlights sector growth

The South West has a 'tech skills mismatch', a new report says (Image: PA)

Helping more young people into digital careers could give a boost to the South West economy and help address the region’s chronic economic and social challenges, a new report says.

“The Tech Frontier: Shaping the Future of the South-West Peninsula” says the tech sector is crucial to the region’s economy - “with just two tech employers surpassing the entire output of the region's fishing industry”.

But the report, funded by The Hg Foundation as part of the work of the University of Exeter’s South West Social Mobility Commission, says the region has a “tech skills mismatch” that needs to be resolved so more people can benefit from the tech sector’s growth.

The study says the tech workforce in the South-West is set to grow by 26% from 2022 to 2027, faster than any other sector. The region is home to nearly 18,000 tech companies, supporting 170,000 employees. But the South West had the lowest uptake of level 3 IT qualifications in England (5%) as of 2019.

The Tech Frontier report highlights some of the issues that contribute to that issue, including a lack of awareness of the industry among young people and teachers. And it says that boosting tech skills could help tackle the low wages and productivity in the peninsula.

It says there is a “disconnect” between the tech qualifications young people earn and the skills employers need, and says more young people should be encouraged to pursue IT-related qualifications.

The report has eight key recommendations:

  • Hands-on tech work experience opportunities for year 10 students

  • Interactive tech workshops in secondary schools, led by industry professionals

  • Dedicated school “Tech Days” where lessons link each subject to technology

  • Sixth forms should offer level 4/5 tech foundation courses, backed by local colleges and universities

  • Colleges need to provide level 4/5 tech foundation courses in the most in-demand tech areas

  • A mentorship programme pairing tech professionals with students

  • A “Tech Talent Marketplace” - quarterly databases of who tech employers need and who tech educators have

  • Coaching for pupils on how to use LinkedIn effectively for recruitment

The principal author of the report, Henry Jones, a strategy consultant at the Boston Consulting Group, said: “By addressing the critical skills gap and fostering a more inclusive tech ecosystem, the South-West peninsula can secure its position as a leading hub of innovation and opportunity. With effort and collaboration, the region can cultivate a thriving tech industry that benefits all. This will help the economy and empower the next generation with valuable skills and opportunities.”