From the autobahn to industrial techno, the Germans have always been champions of innovation. In the early 1900s, Berlin was considered to be the Silicon Valley of its time as Siemens and AEG continued to develop cutting-edge gadgets. However, the splitting of Germany meant that it struggled to keep up with the levels of innovation it once boasted.
Since the country was reunited in 1989, Germany has once again become a home for innovation, and today, Berlin continues to thrive as a renowned global tech hub.
In 2015, Berlin had the fastest growing start-up ecosystem in the world, earning some of the largest venture capitalist investment in Europe. The capital also has enough success stories to support their claim as one of Europe’s top tech hubs, boasting successful tech start-ups like Delivery Hero and SoundCloud. The latter was originally based in Stockholm, but didn’t see its momentous success until it moved to its Berlin headquarters.
The city of Berlin is unique in its diversity and culture and this is just one of the many reasons start-ups are seeking a space to innovate within the city. The combination of Berlin’s low property rent and affordable living costs means the capital isn’t just able to build a strong ecosystem for start-ups, it’s able to entice the best talent around the world to help these companies grow.
Back in 2015, London was considered the best place to launch a business with approximately 275,000 start-ups claiming residence in the city. However, this was before the UK voted to leave the European Union and with Brexit uncertainty still looming, many start-ups are looking to other hubs across Europe.
Choosing Berlin as a headquarters doesn’t just offer EU membership and the benefits that come along with this, but also cheaper living costs. In 2016, it was revealed that the average cost of living in Berlin was 43% cheaper than life in London. The entire year saw great success for Berlin in general as it attracted 11% of its start-up companies from outside the country, an impressive feat considering the European average was 2% that year.
Talent attracts talent and throughout the tech industry, Berlin has been creating a competitive job market that has helped talented tech enthusiasts thrive. Germany’s capital can offer an average salary of $55,000 to a software engineer, marking an increase of $6,000 compared to the global average.
It’s not just start-ups that Berlin can offer those looking to work within Germany, many multinational companies have headquarters in the capital, including Siemen’s Energy Sector and Fintech company, Solaris Bank.
With fierce competition from the likes of Dublin, Paris and Amsterdam, Berlin has a lot to prove if it wants to become Europe’s biggest tech hub. However, with so many opportunities in both established and new businesses, Berlin will remain a serious contender for the title.
At Eurostaff, we have a thorough understanding of Germany’s technology sector and with two offices located in the heart of Berlin and one office in Hamburg, we’re able to help you find exciting tech roles in the capital’s vast sector and far beyond this al over Germany.
Regardless of whether you’re looking for a new career or you need to recruit new talent, we can provide both. Get in touch with our Berlin office today on +49 (0)30 300 140 6 or fill out our enquiry form.