East London Tech City (also known as Tech City or Silicon Roundabout) is a technology cluster located in Central and East London, United Kingdom.It broadly occupies the part of London's East End between Old Street (the boundary of Central and East London) and the Queen Elizabeth Olympic Park in Stratford,with its main focus around the Shoreditch area.
Development of the cluster has been encouraged by both local and national government, with the goal of creating a cluster comparable to Silicon Valley in the United States.Cisco, Facebook, Google, Intel and McKinsey & Company are among the companies which have invested in the area.City University London, Imperial College London, Loughborough University and University College London are academic partners in projects based in the cluste.
Development of the cluster has been encouraged by both local and national government, with the goal of creating a cluster comparable to Silicon Valley in the United States.Cisco, Facebook, Google, Intel and McKinsey & Company are among the companies which have invested in the area.City University London, Imperial College London, Loughborough University and University College London are academic partners in projects based in the cluste.
Information technology in India is an industry consisting of two major components: IT Services and business process outsourcing (BPO). The sector has increased its contribution to India's GDP from 1.2% in FY1998 to 7.5% in FY2012.According to NASSCOM, the sector aggregated revenues of US$100 billion in FY2012, where export and domestic revenue stood at US$69.1 billion and US$31.7 billion respectively, growing by over 9%.
The major cities that account for about nearly 90% of the sector's exports are Bangalore, Chennai, Hyderabad, Delhi, Mumbai and Kolkata. Bangalore is considered to be the Silicon Valley of India because it is the leading IT exporter.Exports dominate the industry and constitute about 77% of the total industry revenue. However, the domestic market is also significant with a robust revenue growth.The industry’s share of total Indian exports (merchandise plus services) increased from less than 4% in FY1998 to about 25% in FY2012. According to Gartner, the "Top Five Indian IT Services.
The major cities that account for about nearly 90% of the sector's exports are Bangalore, Chennai, Hyderabad, Delhi, Mumbai and Kolkata. Bangalore is considered to be the Silicon Valley of India because it is the leading IT exporter.Exports dominate the industry and constitute about 77% of the total industry revenue. However, the domestic market is also significant with a robust revenue growth.The industry’s share of total Indian exports (merchandise plus services) increased from less than 4% in FY1998 to about 25% in FY2012. According to Gartner, the "Top Five Indian IT Services.
