Wednesday, January 19, 2011

2011 and beyond, a look into the next 5 years in the Tech Industry

As we move into 2011 I wanted to bring to your attention 4 things to keep top of mind going forward.

1.It's easy for everyone to forget, shielded from the reality of things by their 3D televisions, Ipads, and smartphones, that worldwide internet penetration rates for 2010 were only 28.7%.




This means that less than 1 out of every 3 human beings is actively using the internet. Collaboration is the key to innovation and social progress. Wireless internet availability for every person, in every region of the world is an absolute necessity for social progress. I would like to see technologies focused on increasing internet penetration rates worldwide come out within the next few years.

2. The name of the game is mobile. The global mobile application market will be a $25 billion market by 2015.
http://techcrunch.com/2011/01/18/report-mobile-app-market-will-be-worth-25-billion-by-2015-apples-share-20/


The development of network technologies and adoption of mobile devices has created a booming secondary market for mobile applications. The culture of cloud computing has moved from business to consumer and we now expect to truly be able to access anything from anywhere from any device. I'd expect to see externality businesses naturally pivot to capture this market transition (digital backup, virtual security, mobile processing, etc...).

3. In line with point number 2, the development of Near Field Communication (NFC) Technology has paved the way for short distance information sharing.
http://money.cnn.com/2011/01/19/technology/mobile_payments/index.htm


I expect to see the emergence of widely adopted mobile payment platforms. Paypal has already emerged as an early leader, integrating Bump as a device to device payment method. However, Google is entering the space along with competition from a number of startup companies, i'd assume to see some of the major credit card companies partnering with Point of Sale providers to compete in this space as well.

4. True Wireless Technology. Devices like the powerpad already exist, but within a few years we will see the integration of Magnetic Resonance Technology into the mobile energy sector.
http://gizmodo.com/5636704/real-wireless-charging-will-arrive-by-2012-fujitsu-claims


Everything is becoming digital, getting smaller, higher resolution, faster, and mobile. Devices still need an energy source, and as the devices you use everyday evolve, there will be a greater demand for cordless charging. This is a control point for the evolution of mobile devices. Magnetic Resonance Technology will allow wireless charging to be built into your lifestyle. It's already being pursued in the Auto industry, I predict to see it heavily pursued by smart board /smart grid / smart home providers as well. Imagine setting your device down on the breakfast table and having it charge, or building into the floor of your home?

As usual, thanks for all of your support and feedback.

The SVTB

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