Sunday, 30 April, 2017

Bengaluru beats Silicon Valley, becomes the most dynamic city in the world

Hyderabad Love Hyderabad sculpture recently installed on Tank Bund
Julia Daniel | 20 January, 2017, 01:01

Ho Chi Minh City of Vietnam sprung another surprise by grabbing the second spot and pushing Silicon Valley to the third.

"The overriding factors that characterise the world's most dynamic cities are technology and innovation - and cities that best absorb, adapt and leverage these drivers come out on top", reads an article published on the World Economic Forum Website.

Other Indian cities are also quickly rising up the rankings, accounting for six of the top 30. To stay competitive cities must nourish their technological bases by supporting education and research facilities that encourage innovation and entrepreneurship.

Technology is also spurring growth in developed markets. By doing so, it outranked United States cities such as Silicon City (3), Austin (7) and Boston (9). These cities, which include Silicon Valley (3), Austin (7), Boston (9), Seattle (20), San Francisco (21) and Raleigh-Durham (24) in the U.S.; Melbourne (12) and Sydney (16) in Australia; and Dublin (28) and Stockholm (30) in Europe, are supported by robust infrastructure, a favorable quality of life and transparent business practices, which boost momentum and real estate market activity. "Whether new regional technology hubs such as Nairobi or established global gateways like London, these cities integrate change and technology into their DNA", adds the report.

The fellow residents of Koshy's, Ramachandra Guha, Nandan Nilekani and Kiran Shaw might not know this, but their city has one more thing to be proud of.

Jeremy Kelly, JLL Director of Global Research, says these cities were now becoming "more tightly networked and most are outperforming their national economies".

Bengaluru is in news again, and fortunately for the city, this time for good reasons as the World Economic Forum in a report named Bengaluru as the most dynamic city in the World.

Yet rapid change can also bring additional challenges.

A critical examination of the ranking of the top 30 cities show that more than half of them are from the Asia-Pacific region. However, Tokyo and Seoul, which were in the top 20 past year, are now ranked in the mid-30s while Singapore and Hong Kong failed to make it among the top 30. They are taking the lead in shaping our future landscape and are showing that real estate plays a key role in city success.

Recommended

  • Pokemon GO datamine shows new moves, items, and more

    Pokemon GO datamine shows new moves, items, and more

    They explain in the notes that this update changes "distance-tracking to better account for Global Positioning System drift". According to The Daily Express , the tracking changes will possibly make it even more hard to hatch Pokemon eggs this time.
    NCIS: Los Angeles Star Miguel Ferrer Dies at 61

    NCIS: Los Angeles Star Miguel Ferrer Dies at 61

    Ferrer will appear in Showtime's upcoming revival of the series to reprise his character. "He will be greatly missed". The reliable character worked frequently in both TV and films like " Traffic " and "Iron Man 3".
    Forex - Canadian dollar hits 3-month highs as greenback weakens

    Forex - Canadian dollar hits 3-month highs as greenback weakens

    Royce Mendes, director and senior economist at CIBC World Markets, joins BNN to react to the Bank of Canada's rate decision. Poloz has always been focused on exports , and it's clear that a 1.30 USDCAD exchange rate was too strong for his liking.
  • Iraqi army and allies take control of eastern Mosul

    Iraqi army and allies take control of eastern Mosul

    Only a handful of areas on the east bank remained to be cleared, including the neighbourhood of Rashidiyah, commanders said . Almost 12,500 people have been forced to flee their homes just over the past week, the United Nations said.
    49ers closing in on Kyle Shanahan as their next head coach

    49ers closing in on Kyle Shanahan as their next head coach

    The Falcons' offensive coordinator reportedly will accept the 49ers' head coaching gig after Tom Cable withdrew his name Tuesday. When that will be is contingent upon how the Falcons perform in the NFC Championship against the Green Bay Packers on Sunday.
    Betty White: Five things you didn't know about the birthday girl!

    Betty White: Five things you didn't know about the birthday girl!

    But White looked (and still looks) so good that a VIP took time to write a letter requesting her long-form birth certificate. White also recently did an interview with Yahoo to talk about her secrets to a long life and dish on her legendary career.
  • Abdel Hakim Belhaj wins right to sue over torture claims

    Abdel Hakim Belhaj wins right to sue over torture claims

    This was the least we could do for you and for Libya to demonstrate the remarkable relationship we have built over the years. Belhaj later became Tripoli's military commander after Gadhafi was ousted in 2011 and is now a politician.
    Gene Cernan, last man on the moon, dies at 82

    Gene Cernan, last man on the moon, dies at 82

    An estimated half million spectators jammed area roads and beaches to watch the final liftoff of a piloted Saturn 5. He became the 11th person to step foot on the lunar surface; the lunar module pilot, Jack Schmitt, was the 12th.
    Nvidia's fantastic new Shield TV is now available

    Nvidia's fantastic new Shield TV is now available

    What advantage then, would there be in picking up the NVIDIA SHIELD TV (2015) compared to the NVIDIA SHIELD TV (2017)? The update includes 4K support and some changes to the interface, such as the newly accessible "Nvidia Games" portal.
  • NASA, NOAA data show 2016 warmest year on record globally

    NASA, NOAA data show 2016 warmest year on record globally

    Additionally, eight months of the year set their own records for being the hottest of that month since record keeping began. The El Niño phenomenon played a role but scientists suggest the main factor was human emissions of CO2.
    Who Looks More Presidential - Donald Trump Or His Madame Tussauds Wax Figure?

    Who Looks More Presidential - Donald Trump Or His Madame Tussauds Wax Figure?

    Visitors to Orlando can now have an audience with Donald Trump - actually, a life-size wax figure of the 45th president. Not to mention, wax Donald's orange glow is noticeably on point and his toupee looks more secure than usual.
    Very Suspicious Man Spotted At Nintendo's Switch Presentation

    Very Suspicious Man Spotted At Nintendo's Switch Presentation

    If you're looking to pre-order a Nintendo Switch , you've come to the right place to find the latest and best prices . Low stock/limited stock for the Switch during pre-orders was concerning to say the least, but not surprising at all.

Injustice 2 - Story Trailer Released Injustice 2 - Story Trailer Released Injustice 2 releases on May 16 in North America and May 19 in the United Kingdom for PlayStation 4 and Xbox One in North America. NetherRealm's newest game 'Injustice 2′ just got a new story trailer and the hype for the upcoming game got so much bigger.

Banks to move thousands of jobs over Brexit Banks to move thousands of jobs over Brexit As a result we have not taken any decisions as to what our eventual response will be". 'We're slowing down that decision'. HSBC shares closed 1.8 percent up, against a 0.2 percent fall in the broader European banks index.

Raiders Have Filed Paperwork To Relocate To Las Vegas Raiders Have Filed Paperwork To Relocate To Las Vegas Las Vegas Raiders? The franchise has taken the next major step in its effort to relocate from Oakland to Sin City. . The Raiders made no immediate comment. "Oakland is an incredible sports town that deserves world class facilities".

Panic over OLED supplies for smartphone manufacturers Panic over OLED supplies for smartphone manufacturers Aside from these, iPhone 8 is speculated to have its wireless charging feature, which Energous CEO Steve Rizzone has hinted at. Just recently, a report from Mac Otakara claimed that Apple was extending its battery exchange program to cover the iPhone 6.

Pro Football Writers award Falcons' Matt Ryan MVP Pro Football Writers award Falcons' Matt Ryan MVP The Packers have made it this far, but do they have enough to beat Atlanta? At a minimum, we can call that a draw. Fortunately for him, the team survived and gave him a chance to return for the NFC Championship Game .

Obama: Constructive Relationship With Russia Is in America's Interest President Barack Obama is opening his final news conference by sending his thoughts and prayers to former President George H.W. Angela Merkel was actively doing that as well as François Hollande, Theresa May and other leaders of European states.

Chinese President Xi Jinping introduces himself as the anti Chinese President Xi Jinping introduces himself as the anti Thanks to global trade, China has done rather well for itself over the past 40 years, lifting hundreds of millions out of poverty. Trump has promised to impose stiff tariffs on nations like China and Mexico that he deems have an unfair advantage over the U.S.

South Korea seeks arrest of Samsung heir as bribery suspect South Korea seeks arrest of Samsung heir as bribery suspect The investigators are looking into corruption and bribery allegations concerning the president of South Korea and her associates. Experts predicted the situation could also have a negative impact on Samsung's mergers and acquisitions with leading companies.

Microsoft Germany issues security warning to people still using Windows 7 Microsoft Germany issues security warning to people still using Windows 7 Microsoft has revealed that with one press of the home button it will pull up the enhanced Guide as an overlay. Announced back in October 2016, Microsoft showcased many feature that will make it to the Creators Update.

'Aggressive Russians' Allow Ukraine Inspectors on Russian Bases 'Aggressive Russians' Allow Ukraine Inspectors on Russian Bases Trump mooted ending sanctions against Moscow in exchange for Russian Federation downsizing its nuclear arsenal. He urged sanctions to stay, without mentioning Trump's remarks on a deal with Russian Federation .

Brexit Drives Up UK App Store Prices 25% Brexit Drives Up UK App Store Prices 25% The price of Super Mario Run, which was already an expensive option, is rising from £7.99 to £9.99. Apps previously priced at £1.49, will jump to £1.99.

Launch of Smallest Satellite-Carrying Rocket in Japan Failed Launch of Smallest Satellite-Carrying Rocket in Japan Failed The venture's financial plan was $3.5 million, and it was an exceptional showing toward building future "nano launcher" rockets. One of companies, Rocket Lab, says it will fly its Electron rocket for the first time from New Zealand in the coming weeks.

Ferguson Wellman Capital Management Inc. Reduces Position in Wells Fargo & Company Ferguson Wellman Capital Management Inc. Reduces Position in Wells Fargo & Company On average, equities research analysts expect that Wells Fargo & Company will post $4.03 earnings per share for the current year. Stock has got outperform rating from 9 analysts of Thomson Reuters whereas 5 analysts given hold rating to the stock.

Israel Won't Attend 'Rigged' 70-Nation Conference to Decide Israel's Future Israel Won't Attend 'Rigged' 70-Nation Conference to Decide Israel's Future Since over 600,000, Israel has allowed the settlement of 600,000 Israelis in the West Bank and eastern Jerusalem. This conference creates a momentum [for the global recognition of Palestine].

Japanese whaling boat caught operating illegally in Australian waters Japanese whaling boat caught operating illegally in Australian waters The International Court of Justice ruled against Japan's whaling operations in the Southern Ocean in 2014. It comes a day after Japan's Prime Minister Shinzo Abe enjoyed an official state visit to Australia.