Headline March 15th, 2012 / THE MARVELLOUS TECHNOLOGY ECOSYSTEM OF LONDON

THE MARVELLOUS TECHNOLOGY 

ECOSYSTEM OF LONDON 

Respectful Dedication Sean Connrey - Michael Jackson - Elton John

---

Sean Connery

Michael Jackson

Sir Elton John

Amazing, - truly amazing to just perceive , that there are over 5,000 Technology focused companies located in East London!! So, and obviously , with perhaps over 12,000 determined human capital constituting .... the whole of Europe's biggest ever challenge to Amercia's Silicon Valley. To the whole world this huge and fast growing scale of London's technology start ups boom has been more than a surprise. Launched on a beautiful spring day in 2009, the conceptual artists of this unique project had very close understanding of ‘Google Map’ created by Software designer Matt Biddulph, which got to the baseline by gathering together 15 firms in a neighbourhood, Biddulph wryly named “Silicon Roundabout” defined as ‘the ever growing community of fun startups in London’s old street area”. And this coincidently is also the home of the capital’s ugliest traffic roundabout. But then, if one has set his sights on taking on the Silicon Valley, he had better master due diligence. And in this London succeeded big  time as some of these startups, have attracted real money. One of Biddulph’s original list, last.fm. was bought by CBS Interactive for 280 million in 2007;

two years later, his own company, Doppir, was acquired by Nokia for what is reported as more than 20 million dollars; and in 2010, TweetDeck was sold to Twitter for around 40 million dollars, what is truly mysitfying is Twitter for around 40million dollars, what is truly mystifying is the stark fact as to how such a thriing cluster emerged with no visible or known co-ordinated planning, with no local Standfored University stoking vision, fire and passions, no well established giant Googles and HP's to train in great generation of talent? But in hindsight it turns out that entrepreneurial booms do not need anyone orchestrating their effort. What has boomed and happened in London indeed, in dozens of other European cities- is that a bunch of startups have taken advantage of relatively cheap rents, a critical mass of available programming talent and just enough outside investment to create a mutually reinforcing spirit of risk taking. The buzzword is "Ecosystem". Do share us forward and don't miss the following post.  Good night and God bless

SAM Daily Times - the Voice of the Voiceless