Technology is transforming London into global business platform

London’s technology week was kicked off by Mayor Sadiq Khan.  The country is planning to bring large investments in technology so as to make it “resolutely open for global business”. A new tech innovation centre - Plexal - was also opened in east London, which Mr. Khan said would support up to 800 start-ups and other businesses, as part of plans to entice firms to the city. The current strategy is to focus on investing on those tech startups and helping them to grow.

The event began with the official launch at East, Queen Elizabeth Olympic Park, this morning attended by the mayor of London, Sadiq Khan, and top tech entrepreneurs and press. London Technology Week, first organized in 2014, is a festival of events across the city celebrating the technology industry. The use of cutting tool technology in finding solutions to social, economic and environmental changes is almost immeasurable.  "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," says Mr. Khan. Plans to appoint a chief digital officer, who will work with local authorities and technology businesses on policy for the industry is also in discussion. Technologies have also brought forth ideas to help the disabled people by partnering with other organizations and individuals. Former British paralympic gold medalists, Lord Chris Holmes MBE and Baroness Tanni Gery-Thompson along with Plexal and University College London, have launched a tech zone to help disabled people in areas such as transportation and affordable housing.