Up to date: Jul 26, 2021 12:20 IST
New Delhi [India], July 26 (ANI): Virtually twice as many world technology company leaders imagine that hubs are nonetheless necessary in driving know-how innovation versus those that imagine they don’t seem to be, in accordance with a brand new report by skilled companies agency KPMG launched on Monday.
Greater than 800 business leaders have been surveyed for the report which mentioned 39 per cent imagine ‘hub’ cities together with London, Singapore, and Tel Aviv will proceed to play a significant function, enabling expertise to coalesce and collaborate in communities with a strong digital infrastructure.
Solely 22 per cent imagine hubs are not necessary. The report mentioned Covid-19 has quickly accelerated new methods of working however the world’s ‘know-how hubs’ are right here to remain though they might not be in Silicon Valley.
When many places of work and downtown areas locked down early in 2020, total workforces shifted to remote-working with some workers leaving main cities to search out more room at a decrease value amongst different components.
However the report mentioned tech leaders imagine the business’s future success will depend on a steadiness between bodily workspace and higher flexibility.
Bengaluru was ranked at eighth place among the many high 10 cities. India was ranked third within the listing of nations and jurisdictions that present essentially the most promise for creating disruptive applied sciences.
Alex Holt, International Head of Expertise, Media and Telecommunications at KPMG, mentioned engineering expertise and mental property are the lifeblood of the tech business and retaining high expertise is a strategic crucial.
“Employers know this and are striving in direction of versatile work preparations together with everlasting hybrid workforce fashions. Because the workforce disperses geographically, new hotbeds of technically skilled workers will emerge,” he mentioned.
Respondents prioritised following components as essential for long-term viability of a know-how hub that springs up: city locale that pulls younger professionals, a pipeline of expert expertise, fashionable infrastructure together with high-speed bandwidth, at the very least one research-intensive college and optimistic demographic progress tendencies.
The info for report was collected from March to Could. (ANI)