Striking a balance between the local supply and demand of human talent within tech clusters around the world will likely be an ongoing challenge. If you’ve been following my stories, then you may recall that back in December of 2012 I shared some observations and predictions about the evolving digital business marketplace in London, England.
The East London Tech City initiative – including the area known as the Silicon Roundabout – was again the focus of a market research report. According to the findings from a recent market study by UHY Hacker Young, a total of 15,720 new businesses were set up in this London neighborhood (postcode EC1V) during the last year. Much of the growth is attributed to the rapidly evolving digital and technology hub.
The National Virtual Incubator (NVI) is one of the four pillars of Cisco’s British Innovation Gateway (BIG) programme. As you may have noticed, the hard work on BIG has begun and our three key partnerships are already producing results. These programmes are a continuation of our London 2012 Olympics legacy.
The NVI aims to create a community and a platform for collaboration between clusters of innovation throughout the UK. Such clusters of innovation are in various stages of their lifecycle and most are renown as a centre of excellence of a given sector, industry, or vertical.
The numbers coming out month after month show that we seem to be tracking a slow but steady recovery. As I’ve said before, I’m cautiously optimistic about the manufacturing sector – especially in the USA.
On Thursday (3rd January, 2013), ADP1 said construction added 39,000 positions in December, second only to trade and transportation utilities, which grew 53,000. Medium- and larger-sized businesses led the way with 102,000 and 87,000 new jobs respectively
Overall, Employers added 1.84 million jobs in 20112, the most in five years. In the first 11 months of 2012, employers added 1.67 million. Job gains would have to top 170,000 in December to push 2012 ahead of the previous year. Some economists do expect gains at that level or higher.
Even in Asia things are looking up. In the New Year we learned about China’s services growth3, as China’s official purchasing Managers Index (PMI) for the non-manufacturing sector rose to 56.1 in December from 55.6 in November, according to the National Bureau of Statistics (NBS). Other PMIs on the manufacturing sector suggest China’s growth is starting to pick up based on late 2012 data. Not the heady double-digit growth of earlier years, but increases none-the-less. Construction was also up, though all of this growth is partly owing to government investment. The Friday (4th January 2013) HSBC PMI report shows slower growth as it mainly focuses on the private sector. The HSBC report4 showed a softening from 52.1 to 51.7. As you know above 50 is still good. India’s looking good too re PMI for last month! Read More »
For many children, visiting Santa Claus, sitting on his lap, and telling him what they want for Christmas is a highlight of the holiday season. But for a sick, hospitalized child, participating in this tradition can be impossible.
Thanks to Cisco technology and a network of Cisco volunteers, hundreds of hospitalized children in the U.K. and Ireland have a chance to visit with Santa each year – in the most high-tech way possible.
One of eight volunteer Santas in the 2012 Connected Santa program in the U.K. and Ireland
I recall that it was a typical cold and dreary winter day in London — it was probably raining — when I decided that I was ready for a change of scene. The year was 1978, and the local British media was lamenting the apparent “brain drain” phenomenon that was then sweeping the nation.
Yes, I had decided to leave and go live in America, but I’ve always looked back with fondness at the place that I called home. Granted, I had become one of those British expat engineers that discovered there were alternative places to thrive — where my ideas and ongoing research could be fully explored.