London’s tech market is the largest in Europe. There are 40,000 digital businesses and 200,000 employees in it’s technology sector. The innovative data management makes London the perfect example of a smart city.
The Smart London Plan makes the most of data sharing in order to deal with some of the critical issues of fast growing cities: air pollution, traffic congestion, peak loads and “vintage” infrastructures upgrade. More than 5.000 companies have joined London Data Store portal and have decided to play a leading role in market’s digital revolution, providing new and specific services and products. Authorities are more and more engaging with citizens: londoners are allowed to participate more and raise their voices, thank to data flow and evidences. In other words: data are significantly shaping the democratizing process.
Some great projects have been mentioned as: Smart District (a collaboration with London Milan and Lisbon, horizon 2020) or Queen Elizabeth Olimpic Park.
If companies want to take a step into the future, they must be concerned of 5 patterns of innovation, according to Prof. Gann:
These patterns assure us that drifting from physical to nonphysical goods can lead to multi level growth and we don’t have to fear: finding creative solutions with technology support is a path to business and personal success.
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Partner, The European House - Ambrosetti
Head of Professional Training Services
Area Leader Lombardy (Milano and Province and Monza-Brianza)