New York City is on track to become a worldwide hub for innovation in the next few years, according to recent KPMG survey of more than 740 tech-industry leaders at companies across a dozen countries. More than half of survey respondents said Silicon Valley will cease to dominate global technology innovation within the next four years, as New York, Boston, London, and other cities continue their evolution into technology innovation centers. The rapid adoption of cloud computing and other emerging digital tools at ventures outside of the technology sector is also having an impact, according to corporate information technology leaders. Said KPMG’s Tim Zanni, “Other cities and countries have been making significant investment to develop and grow as technology innovation hubs.”

This further reinforces my idea that the Silicon Valley companies should spread out, take advantage of and take over states like Iowa.