Silicon Alley across the metropolitan region, bolstered by the city's emergence as a global node of creativity and entrepreneurship, social tolerance, and environmental sustainability, as well as New York's position as the leading Internet hub and telecommunications center in North America, including its vicinity to several transatlantic fiber optic trunk lines, the city's intellectual capital, and its extensive outdoor wireless connectivity. The term "Silicon Alley" was derived from the long established Silicon Valley in California. It was originally centered in the Flatiron District, in the vicinity of the Flatiron Building at Fifth Avenue near Broadway and 23rd Street, straddling Midtown and Lower
Silicon Slopes grouping includes memory process technology companies SanDisk and the Intel/Micron joint venture IM Flash Technologies, video game software development companies EA Sports, and data analysis software including Adobe Systems. It is one of a growing number of technology communities (List of places with "Silicon" names) and technology centers (List of technology centers) gaining status from their relationship to or similarity with Silicon Valley, California. The term "Silicon Slopes" is the brainchild of Josh James (founder and CEO of Domo) for the purpose of creating a branding campaign to promote Utah's growing technology community. The nickname is derived from "Silicon Valley,"