The exterior of United Technologies Corp.' digital accelerator in the Brooklyn neighborhood of Dumbo. Photo: UNITED TECHNOLOGIES 5 Comments By Angus Loten March 5, 2019 8:04 p.m. ET Amazon.com Inc. may have dropped plans to build a campus in New York, but many technology industry leaders say the city is on track to become a go-to innovation source for businesses world-wide in the next few years, according to a study by KPMG LLP.
“Geography is less important in an always-on, constantly connected world,” Jack Clare, chief information and strategy officer at Canton, Mass.-based Dunkin’ Brands Group Inc., told CIO Journal. “For most digital and technology roles, our teams could be based on the moon and be just as effective,” Mr. Clare said.
Nearly 60% of survey respondents said it is “likely or very likely” that Silicon Valley will be displaced as a global technology hub by 2023. Tech leaders in KPMG’s survey said their top pick for the next leading source of technology innovation was New York—up from No. 3 last year—followed by Beijing, Tokyo and London. Other U.S. cities that ranked in the top 10 were Boston and Austin, Texas. Washington, D.C., placed 13th.
Vince Campisi, chief digital officer at industrial conglomerate United Technologies Corp. , said access to diverse talent and proximity to customers were crucial factors in setting up its digital technology hub. A separate survey earlier this year by staffing firm Robert Half International Inc. found more than 80% of some 2,800 tech-hiring decision makers at U.S. companies said finding talent was a challenge.
Having lived in NYC/NJ, SV/BayArea, and Austin, this is a good development. Having multiple centers of excellence helps the US overall. SV has the concentration of tech but not the infrastructure to support it long-term. NYCtech is spread out but has the infrastructure.
Tech companies tend to cluster so NYC lost by rejecting Amazon's HQII. Leave them out now.
NYC will never come close to the Bay Area. They have no real culture of equity and companies never exit. It’s a top down culture where everyone is a slave at the end of the day.
Yeah, when Amazon gets into NY, things will be different. Um, what's that? NY doesn't want Amazon? Oh, great move. I guess my money's on Beijing.
Nothing lasts forever but we have a significant first mover advantage. Knock yourselves out being wannabe SV.
California will soon be a ghost town thanks to the idiot politicians!!! Can’t wait
Entire State of NY has really revamped itself and focused on innovation. Well done NY.
Not if AOC and the liberal NY politicians have any say over it.
But does that mean that those people will have to live here?
Where is all this tech innovation hiding? The past 10 years we've been told about Silicon Valley's tech genius... where is it?
Skeptical