Explore Top Companies in Madrid
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Elogia is a digital agency specializing in digital commerce marketing. The company has more than 15 years of experience and a team of more than 70 peo...
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Internet Republica is a leading online marketing agency based in Madrid and Miami. They specialize in SEO, SEM, content marketing and web analytics. T...
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We are Mindshare. The global Media Network. About 6000 people in 67 countries with one goal: To make our client's brand more known and profitables. Mi...
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VIZZ is the agency representing social media content creators - known as 'influencers' - with the largest audience in Spain and Latin America, impacti...
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UpToBe is a marketing agency in Madrid specializing in digital marketing. It was born of the union of two professionals who have dedicated their entir...
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Difadi.com is an advertising and design agency. Our main objective is to create quality advertising strategies for small and medium enterprises at an...
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Digital Virgo operates in the payment and monetization markets using Telecom Direct Carrier Billing. Strategically positioned at the heart of an ecosy...
We are a creative agency that builds customized programs integrating media relations, cause-related marketing, brand building, customer and internal c...
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Secuoyas creates unique digital experiences oriented to conversion and centered in the users. They have more than 19 years of experience in the sector...
A fascinating maelstrom in which everyone, from small businesses and institutions to large multinationals, has to understand that we have to change th...
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We are a team of professionals specialized in converting your sales visits. We offer solutions focused on capturing new customers and improving the im...
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Established in Madrid in 1994 Vees Comunicación (Marketing & Technology) was born as a Full Service Advertising Agency whose objective is to provi...
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Erretres is a branding and design consultancy founded in 2003 by Pablo Rubio Ordás. We’re a flexible and multidisciplinary team, able to adapt to the...
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Contversion is a media agency focused on delivering results with more than 12 years experience in digital media, technology, with teams in Europe and...
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Deusto Sistemas, was born in the city of Vitoria-Gasteiz in February 2001, we are a computer engineering company, with more than 150 professionals spr...
At atSistemas we are more than 1100 professionals dedicated since 1994 to consulting, Information Technology services and software development. More t...
We are a global communication agency. We think about strategies and develop ideas, contents and projects for people, brands and institutions. Noho wor...
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Digital Business Consulting Increase the value of the digital world with technology thinking of people and made by people. Digital consulting company...
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Award-winning creative agency in Costa Blanca, Spain specialising in branding, website design,graphic design, Search Engine Optimisation, Offline and...
Lacía is a global design agency focused on branding and packaging for fast moving consumer goods. We work out of Madrid, Spain, where we’ve been based...
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We produce corporate, promotional, testimonial, How it Works, videos of events, interviews, and commercials. We provide services of recording (Image a...
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ZETRIC is an agency based in Madrid and Zaragoza specialized in digital strategy and online reputation. We help companies to attract and retain consum...
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We are what you want us to be. We are one more in your department or the department you need. We are the punctual solution or the unlimited resource....
Arimetrics, is a Digital Agency based in Madrid specialized in Measurement, Online Optimization, Digital Marketing and data Strategy. We help our cus...
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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 $360M/year. 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 glassdoor 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.