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New York edges San Francisco to top tech cities index

February 05, 2019 / Ben Watts

New York City has been named as the leading tech city in the Savills Tech Cities 2019 index, ahead of San Francisco and London, which came second and third, respectively. Compiled by local and international property experts Savills, the Savills Tech Cities 2019 index focused on cities it viewed as being important centers for tech within their region and VC investment hotspots. Savills found that New York's "deep talent pool" and its "reputation as a global center of commerce" was what made it stand out from the competition, with 29 other cities from across six continents also featuring on the index. The report, the third of its kind, found that tech cities have been outperforming other global centers, noting that GDP across the 30 tech cities was forecast to rise by 36% over the next decade, compared to a rate of 19% for other developed cities across the planet. It also noted that Chinese tech cities have risen fast since the last edition, as they now account fo...