London Technology Week opens

London Technology Week kicks off 16 June in the capital, with over 200 events scheduled throughout the period.

The Mayor of London, leaders of the global technology scene and organiser UBM are behind the launch, which is expected to see 30,000 people attend the programme of events.

London’s digital tech sector is expected to create an additional £12bn of economic activity and 46,000 new jobs in the capital over the next decade. The tech and information sector in London, Southeast and East England – including Oxford and Cambridge – is growing faster than that of California and London employs more workers in financial tech than New York and San Francisco-Silicon Valley, according to research by South Mountain Economics and supported by Bloomberg Philanthropies.

Swedish online payments firm Klarna has confirmed a UK launch with London as its base and plans to invest more than £100m in product development and roll-out, while King’s College London and the University of Warwick, in partnership with New York University, intend to establish a Centre for Urban Science and Progress in London, based at Canada Water from 2018.

Events across London Technology Week will highlight London’s expertise in areas such as financial tech, creative tech, retail tech and gaming. The Internet World exhibition and Tech Transformation Forum will showcase the most cutting-edge technology innovations and strategies, while other events include a live demonstration of second screen technology during the Portugal v Germany World Cup match; consumer tech demos, including a real-life racing game with miniature AI robotic cars; and Imperial College scientists demonstrating how they are creating a ‘virtual brain’ in order to help understand how our brains work.

The former Mayor of New York City, Michael R Bloomberg flies in for the launch and attendees at the events will be able to hear first-hand from some of the world’s biggest tech companies, including Microsoft, Samsung, Google, Eventbrite and Yammer, as well as home-grown successes, such as Mind Candy and Hassle.

Other international dignitaries attending the 16 June launch in London include the Chairman of Sequoia Capital, Sir Michael Moritz; Tech City UK Chair Joanna Shield;, Decoded Co-founder Kathryn Parsons; and Sebastian Siemiatkowski, CEO of Klarna.

Mayor of London, Boris Johnson, said: “Tech Week is a superb opportunity to hail the success of London’s tech sector, which despite only being in adolescence already makes a tremendous contribution to our economy and is outperforming our rivals around the globe. The tentacles of our digital army now spread to every corner of the capital and far beyond.”

Sir Michael Moritz, Chairman of Sequoia Capital, said: “In Silicon Valley we are often too busy bathing in our private sunshine. But the change in London’s technology climate has got us checking our weather apps. The weather alerts show that there will be plenty of opportunities to invest in technology companies based in London in the coming years – some of which will become global powerhouses.”  

Sir Richard Branson, Pioneer-at-Large for Virgin Media Pioneers and Virgin Start Up, added: “The tech entrepreneurial spirit in London is thriving. Today, there are more great ideas, investors and working spaces across the city. It’s a great time to showcase the capital’s successes and opportunities to the global tech sector and demonstrate what London has to offer.”

London Technology Week has been organised by UBM Live in association with London & Partners – the Mayor’s official promotional organisation for London, Excel London and Tech London Advocates.

There will be free, ticketed and closed events across the week. For more information about London Technology Week and a full up dated list of events visit: londontechnologyweek.co.uk

Do you have news for CN? Email: Paul Colston

Paul Colston

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Paul Colston

Managing Editor, Conference News & Conference & Meetings World.

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