CITY FOCUS
PLAYING HOST TO Harvard , MIT , and over 70 technology , life sciences , and business schools , Boston , MA , has access to as much raw intellectual potential as anywhere on the planet according to bostontechguide . com .
The Greater Boston Area is the birthplace of worldwide tech and e-commerce giants , such as Wayfair , Akamai , and TripAdvisor , all of which predicted revenues in excess of $ 1.5bn in 2016 . Additionally , tech giants Uber , Facebook , and Spotify , to name but a few , all have a major presence in the city .
Boston ’ s tech industry has actually struggled in the past five years , with many companies relocating assets to the booming San Francisco Bay Area and Silicon Valley . The industry reached a five-year low at the beginning of 2013 , with a gross venture capital investment of $ 3.4bn . However , recent disruptive developments in the life sciences and tech sectors have seen venture capital investments rise to a high of $ 4.7bn , according to Forbes .
While the largest growth sector in the past two years has been life sciences , technology-based ventures have also seen steady expansion . This is primarily due to an increased emphasis on Intelligent
50 January 2018