Feeds

Nathan Barleys to fill Olympic chasm - Cameron

Twitterati to save White Elephant?

Choosing a cloud hosting partner with confidence

Prime Minister David Cameron has cast his gaze east across to Essex - and dreams of a landscape filled with social media marketing consultants and SEO boutiques as far as the eye can see.

In the aftermath of the Olympics, Cameron wants to put the land and property on the Lea Valley to private sector use, and his Big Idea is to "nudge" the Shoreditch and Hoxton crowd eastward.

“Our ambition is to bring together the creativity and energy of Shoreditch and the incredible possibilities of the Olympic park to help make east London one of the world’s great technology centres,” said Cameron today.

That would be a sight: a mass migration of tiny designer tricycles as the Nathan Barleys pedal across the Hackney Marshes to Essex. But Cameron is adamant that the Lea Valley will become the new Silicon Valley.

“Right now, Silicon Valley is the leading place in the world for high-tech growth and innovation but there’s no reason why it has to be predominant,” he said.

You may notice one or two flaws in his logic. Britain has already has a counterpart to Silicon Valley based around Cambridge. This is also a cluster of hi-tech expertise and startups, and like the US equivalent these base their location on a close proximity to high quality science and engineering graduates from a nearby University - in Silicon Valley's case, Stanford. These companies also attract risk-taking capital, the vital ingredient in a technology success story. Innovation adds value, and the recognition of this value means business success.

What Cameron refers to is slightly different. The companies around Hoxton are not technology companies - they're service companies that are parasitic upon private enterprise, and represent a cost of doing business, rather than new businesses or business sectors.

This may seen like snobbery, but it's a fact. It's a very post-modern affliction to confuse the two - creating new technological innovations vs talking about them.

Nevertheless, Cameron has got at least one real Silicon Valley engineering company to pave the way - Cisco - while Facebook has promised to set up an office, and Google has promised a sort of talking shop for academics, wonks… and Nathan Barleys. Which is nice.

(Neither Facebook nor Google do much more than sales in the UK; revenue from the operations is legally diverted to their Irish HQs for tax purposes. Google paid no UK corporation tax in 2009, despite revenues of $1.6bn.).

The 2012 Olympics Media Centre

It's laudable to make something of the site after the 2012 games have gone; cities typically lose money on their Olympic investments. The 80,000-seat Olympic stadium will be stripped down to a 25,000 capacity arena, while a media centre costing £300m will most likely be demolished.

Hence the cry has gone out to the Twitterati. Come to our White Elephant. ®

Remote control for virtualized desktops

More from The Register

next story
Bladerunner sequel might actually be good. Harrison Ford is in it
Go ahead, you're all clear, kid... Sorry, wrong film
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
Forget Hillary, HP's ex CARLY FIORINA 'wants to be next US Prez'
Former CEO has political ambitions again, according to Washington DC sources
prev story

Whitepapers

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.