Explore Top ÐÔÊÓ½ç in Madrid
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We are the first and independent mobile strategy consulting firm that has developed more than 800 apps for the most innovative brands and multinationa...
Since 1983, in Estudio de Comunicación, a communication and public relations consulting company, we collaborate in the area of Communication advisory...
From our offices in Madrid and Mexico we help our clients to manage their brands and their campaigns with our assistance throughout the entire sales f...
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Las 12 en Punto looks for solutions to relaunch your business on the internet, from web design to the visual creation of your brand. When a successful...
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Catch is a digital platform specialist, we believe that with the right platform anything is possible. We're focussed on building exceptional digital e...
Independent companies and projects, with international vocation and digital soul. Professionals who enjoy sharing knowledge, even with their competit...
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Making Science is a technology company located in Madrid with international presence and more than 210 digital native professionals with a wide knowle...
IOMarketing - we are the integral marketing department of your company. We give you experience, solutions and tools so that you can compete with the g...
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Mobivery had a clear goal from the beginning and that was to help our clients create amazing products for mobiles and to assist them achieve their cor...
They are communicators, create content, think ideas that move, mobilize and sometimes cross the border of advertising to become news. They invent new...
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WhiteKube is a certified Digital Marketing Consulting company that works towards providing tailor-made solutions to achieve our client's goals – be it...
Let's discuss your idea and we will help you transform it into reality. We can help you create a good website, boost it with a cool mobile app and let...
We are an online marketing agency leader in SEO positioning and in improving the results of companies, using the tools available to technology and onl...
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We are a 360 Digital Marketing Agency with more than 12 years of experience with a team of creatives ready to be the best ally of your brand. The comm...
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We are a graphic design and online marketing studio. We work with the desire and enthusiasm of those who enjoy doing what they like, Do you need a cor...
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Antevenio is a specialist in performance and brand marketing. They are well aware of the fact that to adapt to the constant changes in the industry, t...
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The IT Industry in Madrid: General Profile
Although Madrid is not Spain’s largest tech center, in the past 7 years it grew dramatically and proved that it’s worth investing in companies and startups located there. The average fundings the city receives for startup programs is around . Even though the amount of money is considerably higher than between 2010-2016, Madrid is far behind in investing real money compared to Europe’s leading tech centers (London $5.65B; Paris - $2.77B; Berlin - $2.67B).
Even so, back in 2019 Madrid was the home of over 1235 startups and now in 2021, the number is probably higher, despite the pandemics. However, these startups in Madrid are small in relatively new and do not attract large investments, which is totally different from Barcelona where tech startups have managed to attract a considerable amount of investors - with almost the same amount of startups the investments rose above $900M in 2019 only.
On the other hand, Madrid and Barcelona are making out of Spain an example in the tech and IT industry. Spain managed to do what France and the UK could not achieve - decentralize the tech market. So now if we put Madrid and Barcelona’s tech stage together, Spain looks like a startup nation with a higher digitalization potential in all fields. Talking about startups, there a series of programs, accelerators, and incubators located in Madrid that power-up the tech scene and develop the business environment. Some of the most notable are Warya Spain, Impact Accelerator, Fundacion Repsol, Fil Rouge Capital, and Wanajump.
Also, there are a series of tech behemoths and international corporations with offices in Madrid - Amazon, Vodafone, Ericsson-Worldwide, Amadeus, and Airbus. After all, Madrid is still Spain’s capital.
When it comes to salaries - we didn’t believe it either, but numbers are numbers, and data states that the average wage in IT for professionals in Madrid is even higher than in Barcelona.
Overall, Madrid is a good destination for investors, IT companies, young professionals, and generally for businesses that seek professional digital assistance. If the city will continue its digital transformation will probably become one of Europe’s top tech hubs.