Slides for discussion between British American Business Council of New England and UK Trade & Investment on collaboration and cooperation between Boston and Cambridge

1. A Tale of Two Cities
Mark Littlewood, Founder, The BLN
@MarkLittlewood
Internet of Things Forum 2015 – 11-12th March 2015
Business of Software Europe - 23-24th June 2015
Business of Software USA - 21-23rd September 2015
www.TheBLN.com #BoS2014

2. Business of Software Conference
World Trade Center, Boston
Cambridge, England
www.TheBLN.com #BoS2014

3. A Tale of Two Cities
• A Strong Pool of Founders
• Local Capital
• Killer Events
• Access to Great
Universities
• Motivated “Champions”
• Local Press / Websites /
Networks
• Alumni
• Local Wins
• Recycled Capital
• Second-Time
Entrepreneurs
• Ability To Attract a Pool of
Talent
• ‘Marquee’ Local
Companies
12 Things that make clusters work. Brad Feld, Mark Suster.
www.TheBLN.com #BoS2014

4. Cambridge
(proper)
Largest Hi-Tech Cluster in the UK, >1,400 high tech firms
employing more than 53,000 people
Cambridge generates wealth:
• GVA/job is £45k (compared to London’s £34.2k in 2009).
• Two $10Bn and Eleven $1bn companies have been
created in Cambridge over the last 15 years.
• Annual revenues of $22Bn (£13Bn)
• At least $50Bn of market cap generated by Cambridge.
House prices rose by 11% last year
Unemployment is 1.5%
www.TheBLN.com #BoS2014

5. Cambridge Has Unique Eco-System
• World’s top University
• Research laboratories
• Technical consultancies
• Home grown biotech, hi-tech
& engineering
companies
• Multinationals
• Angel & VC investors (8% of
European VC money)
• Networking & mentoring
organisations
www.TheBLN.com #BoS2014

6. Cambridge
www.TheBLN.com #BoS2014

7. Cambridge
www.TheBLN.com #BoS2014

8. Most active tech cluster in Europe
$10bn+
$1bn+
Exits/Market Cap
$50m+
Sources: EVCA, various research www.TheBLN.com #BoS2014
8

9. Cambridge ideas change the world
EDSAC
Raspberry Pi
Crick & Watson
Solexa (acquired by
Illumina in 2006)
CAT (acquired by AstraZeneca
(MedImmune))
DNA sequencing therapeutic monoclonal antibodies
www.TheBLN.com #BoS2014

10. A Low Risk Place to do High Risk Things
“The diversity of specialised clusters makes
Cambridge a unique technology
entrepreneurial ecosystem – local companies
include leaders in sectors as diverse as
biotechnology, medical technology, gaming,
audio, semiconductors, materials & printing.”
Cambridge Startup Intelligence Report, Nov 2011
www.TheBLN.com #BoS2014

11. What’s coming?
• SaaS
• Business Model Innovation
• Drug Discovery
• Robotics
• Big Data
• AI
• Personal Medicine
www.TheBLN.com #BoS2014

12. The Rise of the Machines
www.TheBLN.com #BoS2014

13. The Rise of the Machines
• aka The Internet of Things
www.TheBLN.com #BoS2014

14. What is the most important thing
about technology?
It works!
Me
Users
www.TheBLN.com #BoS2014

15. Fighting the Rise of the Machines
Users
Customers
Engineers
Software & Hardware
Investors
Entrepreneurs
Distributors
www.TheBLN.com #BoS2014

16. Internet of Things Forum
11-12thMarch 2014, Cambridge, UK
Where IoT is a people business
Mark@thebln.com
@THE_BLN
GROUPS>THE BLN
www.TheBLN.com #BoS2014