Announcing their annual Scoring Tech Talent 2024 Report, CBRE highlights and recognizes trends and patterns of the top-ranked tech talent markets in North America. For the third year in a row, London, Ontario was ranked in the top emerging tech markets in North America, moving up four spots to #4 from #8 in 2023.
“The rising importance of technology in business and society has caused a global expansion of tech talent labour pools and implementation of more distributed labour strategies seeking innovation potential and efficiency,” cites CBRE. Canadian markets have experienced tech talent growth, with London boasting an 88.5% increase in total tech growth over 5 years, and 26.7% increase in total tech wage growth over 5 years.
It comes as no surprise that London landed on CBRE’s Tech Talent Report, for the third consecutive year, this time ranked #4 on North American’s Next 25. After decades of growth, London has what it takes to be one of Canada’s top tech ecosystems, and a global innovation hub. Our time is now — in our thriving, vibrant tech community, we have bright minds and big ideas coming together at TechAlliance with an unmatched spirit to solve global challenges and put this region on the map.
London’s rise to the #4 spot on CBRE’s 2024 report is a tremendous achievement and a clear reflection of our city’s growing tech landscape. Our tech community continues to set new goals and benchmarks, driving our city forward as a premier destination for technology and innovation, and I’m excited to see what we will achieve in the future.
Home to the province’s most promising startups and highest potential scaling companies, the greater London area fosters an innovation ecosystem including ambitious and skilled graduates from Western University and Fanshawe College, supported by a network of campus incubators, accelerators, an innovation hub, and economic development organizations, all dedicated to growing London’s prosperity.
As the community advances new ventures, nurtures tech talent, and drives innovation, TechAlliance remains committed to creating the ideal environment for growth, offering resources, bespoke expertise, and access to capital.
Download CBRE’s Scoring Tech Talent 2024 report here.