Home » News » The Canary Islands could be the Silicon Valley of the Atlantic | Radio Club Tenerife

The Canary Islands could be the Silicon Valley of the Atlantic | Radio Club Tenerife

62% of young people do not find work in the Canary Islands and yet technology companies do not find workers specialized in some aspects of computer science and programming. The Canary Islands have grown by 60% between 2008 and 2021 in employment related to new technologies, but the demand for employment exceeds the supply. The programming, consulting and IT activities heading has created almost four thousand jobs since 2008, which represents an increase of 162%. University and VET training plans become obsolete or out of date very quickly.

While both the computing of IKEA, Lufthansa and Volkswagen are already installed in the Canary Islands, all of them under the Canary Islands Special Zone, which offers the best taxation in Europe. The Wooptix company, created in the islands, has just been acquired by Intel, a computer giant among the top companies on the Nasdaq. Intel has settled in the Canary Islands to do research and development in relation to the measurement of silicon and semiconductor plates and Atos is serving half of Europe from here, including the London Underground, Disney or the Tokyo Olympics. A sector, technology, that generates quality employment.

An example is Arquimea, installed in La Laguna, which has hired more than one hundred engineers in two years despite the health and economic crisis we are going through. “The environment related to astrophysics, the marine system, sustainability and biotechnology together with an unbeatable tax system to promote R & D & I makes the Canary Islands the ideal place for these companies”, explains Manuel García Sañudo, CEO of Archimea. “There is a very high demand for technological profiles, but universities and training centers must be aligned with the new skills of the future.“, Add.



Diego Concepción is self-taught and has managed to be a high-level worker developing applications for Android

He is only 26 years old and despite not having had any career, he has trained on his own until he has companies fight for him. “In the IT sector there are many positions that are not filled, you have to adapt to what companies are looking for to apply for those jobs“, explains Diego, who works from the Canary Islands for a company installed in Madrid.” Right now there are companies from the peninsula, Europe and America that are coming for Canarian talent, The Canary Islands are among the thirty world locations preferred by digital nomads “, explains Bruno Boeri, communication manager at Edosoft Factory.


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