Sadiq Khan opens London Tech Week 2017

By | June 12, 2017
Sadiq Khan LTW2017

The Mayor of London, Sadiq Khan, today (12th June 2017) opened London Tech Week and outlined his vision for London to become the world’s leading ‘Smart City’ – with digital technology and data at the heart of making the capital an even better place to live, work and invest. Speaking at the launch, Sadiq said "technology is essential to solving many of the biggest economic, social and environmental challenges we face". He called on the global tech community to help tackle issues such air pollution, housing and the future of transport.

As part of his plans, the Mayor has today unveiled a new £1.6m Clean Tech Incubator called Better Futures which will help 100 London-based small businesses to deliver low-carbon and clean-tech products to tackle the causes and effects of climate change. Better Futures will help kick start the development of a clean-tech cluster for London, developing a hub for low-carbon industries in the capital.

London is Europe's leading tech hub

London is already Europe’s leading tech hub, attracting talent, innovation and investment from around the world. However, the Mayor wants to see the capital become the leading global city in the use of smart technologies and data to improve public services and city life. According to a recent report by IESE Centre for Globalisation and Strategy, London is already Europe’s leading smart city, and is second only to New York in the global rankings.

In his speech to London’s tech community, the Mayor reaffirmed his pledge to appoint London’s first Chief Digital Officer (CDO). Recruitment has now begun to find the new CDO who will work with the Mayor’s Office, the Mayor’s Smart London Board, local authorities and the technology sector to drive the development of smart city technologies and to build London’s reputation as the city that the world looks to for leadership in urban innovation.

The Mayor’s Office is also currently scoping the potential for a new London Office of Technology and Innovation to provide a place where London’s boroughs can come together to share best practice, build collaboration and drive solutions to the challenges they face.

The Mayor of London, Sadiq Khan said: “As Mayor of this great city – the best city in the world – it fills me with pride to see our tech sector thriving. New technologies are having an enormous impact on our way of life - reshaping our societies, our economies and our culture.

“My ambition now is to harness the new technologies that are being pioneered right here to transform London into the world’s leading smart city.

“The potential for cutting-edge technology to tackle a host of social, economic and environmental challenges is immeasurable. From air pollution and climate change to housing and transport, new technologies and data science will be at the heart of the long-term solutions to urban challenges.

London is Open

One year on from the UK’s vote to leave the EU, the Mayor will also seek to reassure the global tech community that London remains open to talent and investment from all over the world. New data from EY shows that London is Europe’s leading city for foreign direct investment into the technology sector, attracting significantly more investment projects, than any other European city, in each year during the last decade. International investors also ranked London as a leading global tech hub, with London featuring in the three highest ranked cities with the potential to produce the next global tech giant.

To coincide with the launch of London Tech Week, the Mayor officially opened Plexal, Europe’s newest technology innovation destination, forming Europe’s biggest business innovation ecosystem at Here East. Spanning 68,000 square feet, Plexal has been built on the principles of a mini City & will support 800 technology start-ups & global corporations from across the world.

Claire Cockerton CEO of Plexal and London Tech Week ambassador comments, "Plexal will become a truly unique innovation destination not only for London but the rest of the World. The success of London’s technology sector has been built on a strong culture of collaboration and entrepreneurial spirit. At Plexal, our mission is to become the beating heart of inventive enterprise; connected, intelligent & dynamic - where people join forces, ideas spark & new business is born.”

The Global Disability Innovation Programme

Also at today’s event, the former British Paralympic gold medallists, Baroness Tanni Grey-Thompson and Lord Chris Holmes MBE, launched The Global Disability Innovation Programme, a new accelerator designed to encourage the development of technologies to improve the lives of people living with disabilities. The programme, which is run in partnership with Plexal and UCL, will bring together disabled and able-bodies experts, users and start-ups with corporates to accelerate the development of innovative businesses and products around disability.

Entrepreneurs and start-ups on the programme will focus on the development of innovations in areas such as accessible and affordable housing, transportation and how big data and analytics can be used to have a positive impact on the lives of disabled people around the world.

Lord Chris Holmes, announced today as Chair of the Global Disability Innovation Hub says: “I am absolutely delighted to Chair the Global Disability Innovation Hub (GDI Hub) and to be a part of a project with such potential to transform lives. I have personally benefited from assistive technology and believe truly inclusive design not only removes barriers to disabled people but also, essentially, benefits everyone by leading to ground breaking technological solutions or applications and truly excellent design. Technology is neutral but is an incredible tool in the hands of humans and the ways in which we respond to the 4th industrial revolution and the benefits we achieve will be a measure of our civilisation. I’m looking forward to the role the GDI Hub will play in this mission, we have a brilliant team and I relish the challenge before us.”

Also speaking at today’s London Tech Week launch was Steven Armstrong, Group Vice President and President, Europe, Middle East and Africa, Ford Motor Company. He announced that Ford will open a dedicated Smart Mobility Innovation Office at Here East focusing on future mobility solutions for Europe.

A dedicated team of Ford specialists will work alongside world-class digital companies, leading academic institutions and existing partners as it targets the near-term commercialisation of smart mobility solutions that meet the needs of Europe’s major cities.

London Tech Week is Europe’s largest festival of technology. From 12-16th June, over 50,000 visitors will be able to enjoy hundreds of events hosted across the city.

About London Tech Week

London Tech Week is a festival of events, taking place across the city and representing the entire technology ecosystem. No other festival of live events brings together as many domestic and international tech specialists and enthusiasts to London for such a variety of networking, social, learning and business opportunities.

Since its launch in 2014 London Tech Week has included more than 700 events and has welcomed delegations from around the world. London Tech Week 2017 will be organised by founding partners, KNect365, London & Partners and Tech London Advocates, with support from strategic partners Tech City UK, ExCeL London, DIT and techUK.

More information on can be found https://londontechweek.com/

About Better Futures

Better Futures will look to implement a recommendation from the London Sustainable Development Commission’s Better Futures Report.

The project will look to stimulate innovation activity in 100 London based SMEs who are in the low carbon sector or have the potential to deliver new low carbon solutions to the market; support 50 enterprises to develop innovations which have the potential to save green-house gas emissions; stimulate collaborations between 20 SMEs and research institutions leading to new low carbon product or service development; support 25 enterprises to design, develop and introduce new products to the firm; and trial up to 10 new innovations.

For more information visit www.london.gov.uk/better-futures

References:

IESE Centre for Globalisation and Strategy report:
EY UK Attractiveness Report 2017