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So last month, London officially held its first ‘London Technology Week’, fully supported by Mayor of London, Boris Johnson, and attracting close to 40,000 people across the week fr om around the globe.
With an incredible schedule of topics and speakers, it was very difficult to pick a short
list; from ‘Artificial Intelligence’ to ‘Building the Brain from Big Data’ to ‘Virtual Indie- Reality’ we were fairly spoilt for ‘digi’- choice!
In the end, one of the topics that captured a lot of my attention wasn’t totally sexy or futuristic, but was entirely interesting as far as wh ere the journey of ‘Big Data’ is taking us. ‘Adaptive Behavioural Analytics’... and yes you guessed it, otherwise known as ‘ABA’, is the art of building algorithms that use Bayesian statistics and historical data in order to build pretty spot-on predictions about people’s intentions, behaviours and what their next move would be. Now, an analyst will probably argue that this is old news, and they have been doing this for years, but what I particularly liked about this take on ‘ABA’, is the idea that data feeds need to come in from a variety of sources to capture a rounded view. From your telephone bill, your train ticket, your local takeaway, the last music concert you attended, the last show you watched on Netflix, the list goes on, the net effect are some interesting predictions of what you are likely to do next and what propensity you will have to adopt new products and services.
London Technology week also brought in some interesting debates about automation: there were no surprises that Mayor of London, Boris Johnson is a big fan of service automation and when asked when we would see driverless cars on the Capital’s streets, his response was: “We already have driverless cars on the streets of London… parked”.
Boris is convinced London needs to step up and start competing at the same scale as California’s success stories but I’m not so convinced that London needs to copy anyone to be considered a great tech capital. The diversity of London’s migrant population and heavy influence from the banking sector has created some unique tech money transfer services that whilst not ‘socially in your face’, are still hugely successful in their own right, behind the scenes turning over millions of pounds.
I do believe this show will evolve over time and develop an identity of its own. London will find its niche in the startup technology sector, stop comparing itself to other cities and just get on with innovating great international tech services.
London Technology week certainly was food-for-thought and like ‘London Fashion Week’ I do hope it lasts more than one season!
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