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May 20, 2013 03:49 pm GMT

Yet Another TechCity Report Confuses Tech Companies With Web Agencies And Consultants

Screen Shot 2013-05-20 at 13.39.25A new report commissioned by research giant GfK claims that the growth of the high density cluster of technology companies in East London (dubbed Tech City by the UK government) is being "stunted" by a talent shortage and lack of access to capital. The Tech Futures Report' - commissioned by publishing company TechCityInsider and sponsored by accountant Grant Thornton, recruitment firm Vitamin T, City University London and Digital Shoreditch is based on 141 interviews of 'tech' company senior management. In fact, only less than half of these admitted to developing technology products and platforms. It's simply the latest in a long line of reports that conflate consultants and digital advertising agencies with technology companies, leading to yet more confusion about the state of the cluster.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/bZLZSyf51Cg/

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