Cambridge Cluster shares its fast growth company data with the world
Not-for-profit initiative puts businesses with combined £13bn turnover and 53,000 employees on real-time data map
A ‘big data’ online map tracking 1,400 fast-rising Cambridge companies will be officially launched tomorrow as part of the Silicon Valley Comes to the UK 2012 (SVC2UK) events taking place this week.
The not-for-profit Cambridge2U, initiated by SVC2UK co-creator Sherry Coutu, aims to make doing business with companies started up in the UK’s vibrant high-tech region easier and to help Cambridge build global powerhouses to match some of Silicon Valley’s biggest names.
The creators expect the resource, which place-marks companies boasting a combined annual turnover of £13bn and employing 53,000, to be popular with the investment community, the world’s top talent, and graduates looking to join exciting start-ups. It is also hoped collaboration between companies in the cluster will increase and start-ups locating in the region will integrate faster.
Users of the map, which follows a similar Tech City map also developed by the university alumni-founded Trampoline Systems to showcase the east London technology eco-system, can filter the data to discover the 50 fastest growing companies by revenue or employees, Cambridge University spin-outs, and the billion dollar companies located within the cluster.
The data can also be segmented to reveal the companies operating in a series of high-risk, high-potential sub-sectors, namely energy and cleantech; life science and healthcare; information technology and telecoms; physical science and engineering; and nanotech and advanced materials.
Rich data behind Cambridge2U map has been provided by professional social network LinkedIn, business information database Duedil, the University of Cambridge, Cambridge Angels, and leading Cambridge trade bodies. Companies are displayed on the map using graphics akin to an online Monopoly board, with the number of employees within a company represented by ‘office blocks’ increasing in size according to staff numbers.
Trampoline Systems’ CEO Charles Armstrong claims the Cambridge2U map, which was known as the Cambridge Cluster Map while in development, “sets the bar to which all other cities must now aspire” and is a “unique demonstration of how Big Data can help an entire community to prosper”. He added: “The global competitiveness of a cluster increasingly rests on the quality of data available to internal and external stakeholders.”
The Cambridge2U map launch is just one of the events taking place during Silicon Valley Comes to the UK. Organised by prominent angel investor Coutu and LinkedIn founder Reid Hoffman, the event series has brought some of Silicon Valleys top entrepreneurs to London and Cambridge to share knowledge and drive sustainable growth.
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Launched in Westminster this morning, attendees will participate in workshops, masterclasses, and a jobs fair for companies with 5,000 positions to fill. Speakers include Care.com founder Sheila Marcelo, Angela Lin of YouTube Education, Y Combinator partner Geoff Ralston, vice-president of Google[x] Megan Smith, associate professor at MIT Media Lab Ramesh Raskar, and British entrepreneurs in Silicon Valley such as Blinkx founder Suranga Chandratillake and Sam Chaudhary, the founder and CEO of ClassDojo.
Attendees will also hear from Olympic gold medal winning rower Tim Foster MBE, and investors from Hoffman’s Greylock Partners, Mayfield Fund, DN Capital, and Maveron. The not-for-profit initiative will culminate with a visit to historic World War II code-breaking site Bletchley Park and home of the National Museum of Computing.