According to a new report which measures the world’s leading tech cluster cities, Austin, San Francisco and Tel Aviv are the best three places to be – Dublin sits in eighth place.
By judging cities on five metrics – business environment, tech environment, quality of life, talent pool and property affordability – San Francisco not topping the list was perhaps most surprising, given that it’s home to Silicon Valley.
Elsewhere, New York (4th), Stockholm (5th), London (6th), Singapore (7th), Berlin (9th) and Hong Kong (10th) round out the top 10.
“It’s got the talent,” said Paul Tostevin, lead research analyst for Savills (the company that composed the research), when talking of Austin’s high performance.
Dublin seems to fall down on its tech environment – which is surprising considering the plethora of major tech corporations with a presence in the Irish capital – and performs very well with regards to property costs, considering the infamous rental and ownership prices in a country ruined by a property bubble. Curiously, the Web Summit in Dublin, much like Austin’s SXSW, acts as quite the positive for the city’s ranking.
The survey has been completed by using data encompassing anything from estimated business costs, talent pools and tech infrastructure from government statistics, population census and forecasts around age and population all the way through 2024, according to The Wall Street Journal.
Berlin struggled on most metrics, thus finishing below Dublin (which apparently claims eighth primarily through its low corporate tax base), with the German capital suffering due it lacking ease of access.
“Berlin scored lower than we might have expected,” said Tostevin. According to The Wall Street Journal, Berlin is, though, thriving, with start-ups booming on the back of international venture funding, entrepreneur visas and inexpensive housing.
Austin, Texas image via Shutterstock
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