MAR | 2021

Kochi recognized as one of the 21 Places of the Future - Cognizant Tech Report

21 Places of the Future Kochi

People all over the world are relentlessly seeking a better place to live, work and settle. But their factors differ with perspectives on life. The present scenario shows that there is no shortage of job opportunities but chaos created by the pandemic. Digital technology is transforming the world opening a wide door towards various types of job opportunities. Cognizant has recently published a report regarding 21 places of the future according to their infrastructure, development, economy, sustainability, and social commitment. The way they did the research is unique and interesting as their answers conveyed that they reached non-physical places too.

The firm identified different so-called futuristic working places depending on certain criteria including quality of education, available private capital, local government. Also, they analyzed additional factors like physical infrastructure, literacy, environment, lifestyle and diversity, culture, talent, cost of living and more. The report comprises 17 geographic and 4 omnisphere locations described as future workspaces.

Wellington from New Zealand qualified the list with its booming tech startups and investments along with green infrastructure. Da Nang from Vietnam got featured with their IT parks creating numerous job opportunities setting business incubators. Shenzhen is now one of the popular destinations of digital nomads being an ancient fish village.Songdo from South Korea and Haidian Qu from China also reached the list with the best educational institutions and western ventures with talents and tech investments.

Kochi; Kerala, India

21 Places of the Future Kochi

Kochi is one of the new expanding tech hubs having sights on high-tech infrastructure, innovation and entrepreneurship. Accomplished with IT parks, SEZs, etc., are designed to retain green space across the city and tech hubs compared to other Indian metropolises. It is a forward-looking, robust green-tech investment, focussing on Infrastructure growth and policy prioritizing on social factors like education, healthcare, life expectancy, etc. Kerala has developed a great technical ecosystem with startup missions to assist those who need a hand. This is a systematic framework helping social infrastructure helping to transfer the city into technical and innovative hubs. Thus through sustainable development, they preserve local talent and attract outside investments at the same time.

Atlanta, Sacramento and Portland made it to the list from the US, draw strength towards a thriving tech scene from its diverse talent and dynamic culture. Toronto from Canada is referred to as the new definition of smart cities with a fresh approach towards inclusive growth and technology innovation.

European powers like Lisbon from Portugal, Sao Paulo from Brazil, Tallinn from Estonia and Silicon Wadi from Israel and Dundee, Scotland has become a hub for e-sports of the future. Cognizant mentioned them as a blend of creativity, design, innovation and the tech surrounding them. Lisbon has been under tremendous growth in technology with startup ecosystems, to be the leader in the future of work for Europe.

Nairobi in Kenya and Lagos from Nigeria are the growing African hotspots with their financial technology dominance and startups. They are the emerging economic powerhouse of Africa distilling the cultural and entrepreneurial core, fostering local talent development.

It is neither a surprise nor an imaginary, that some non-physical world managed to get into the list. Remote working is accepted and has been a part of the regular lifestyle of the new normal during the Covid 19 pandemic affected the business world. People are flexible and would gravitate to new places of innovation and technology. Apart from privacy concerns and complications, statistics show that there are over 170 million virtual reality users worldwide. The virtual places in the future list include:

  • Nova Hanseatica is a combination of economic zones where people work together, creating opportunities far from the power of national governments.
  • Remotopia represents people working remotely at any location that saves a lot of money and improves productivity.
  • Outer Space might be a viable future of the workplace after the rise of commercial space transportation, and lodging since space development is booming.
  • Virtual Space indicates virtual reality, augmented reality, and artificial intelligence building new dimensions similar to the physical world with no limitation of time or space.

The future of work is relatively be set regarding demography, perception, technical advancement, etc. With the help of internet connectivity and enterprise communication applications, people can access and work connectively from anywhere in the world now. The world after the pandemic was mould so creating a futuristic possibility for virtual reality to be witnessed. Also, remote working reduced expense for both employers and employees, and are comparatively happier than before. The world is now going behind virtuality. Even if so, each of these places possesses a unique peculiarity that highlights their technological advancement.

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