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Technology Growing at an Unprecedented Rate By @IanKhanLive [#Cloud]

Here is what is driving technological growth worldwide.

Technology Growing at an Unprecedented Rate

Overall the global technology arena is set for tremendous growth. We're not specifically talking about consumer or enterprise growth but overall. Today, innovation is taking place in every small city and in the large metropolis. Companies like whatsapp, dropbox and many others that started in dorm rooms and garages are becoming mainstream applications purely because of the massive disruptions they create. Do expect a number of smaller companies to grow rapidly and provide very focused and niche applications. Being narrow and catering to a very small need that is felt by a large audience is the place to grow.

Mobility Is Driving Demand
At the delivery end, mobility is driving growth on the cloud. Be it tablets, smartphones or any other mobile device, without the cloud there is no mobile. This is also not considering which mobile devices or platforms are causing the growth. In a very agnostic way, mobile devices will continue to penetrate the user market and grow. Gartner has predicted a 33% growth in mobility in manufacturing alone through 2015. Also according to Gartner, mobile video alone will drive over 60 percent of data traffic in 2018. That is ginormous!

Data Drives Results
Companies like Twitter, Facebook, and so many others are being driven by the users that power them. From a  few million users on some new app to almost a billion users on Facebook, the amount of data generated by users is tremendous. Welcome Big Data! An incredibly large amount of data is generated every second, every day, by hundreds of social media and user power sites. Big Data is going to drive the direction in which the enterprise moves. Insights received from Big Data will help shape product research, product placement, solutions and more. According to Forbes, "The Advanced and Predictive Analytic (APA) software market is projected from grow from $2.2B in 2013 to $3.4B in 2018.″

Demand for the Right Talent Is Higher
The right kind of talent is in much demand. Not just programmers and graphic designers are required to create a solution today, but right- brained thinkers and logical analysts also form a core part of a solid team. For companies that are in a hiring mode, it becomes important to be able to attract the right talent and put them in a perfect spot for them to not only grow but flourish.

Venture Funds Need Technology Companies
There are literally billions of dollars in seed money that are available for the right takers. Investors, VCs, and Angels are handing out a lot of investment funds to the right kind of companies. Which are the right type of companies? The ones that are driving results throughi nnovation. Companies that are catering to the enterprise and consumer demand and companies that have a clear vision of the change they want to create. Some of them are also disruptive in nature - people who break the rules and aim for something never achieved before. Today over $1 trillion is available via various types of funding through tech investors.

What is your take on the tech Industry? Feel free to comment.

This article first appeared on the Solgenia Blog at www.solgenia.com/blog

More Stories By Ian Khan

Ian Khan leads Innovation & Marketing initiatives at Solgenia, a global Cloud services provider with more than 3500 enterprise customers globally that includes Top Fortune 100 and Fortune 500 companies. An advocate of Cloud computing and a thought leader driving change within the industry, Ian is a catalyst for collaboration and Cloud solutions.

He has written for multiple industry publications, presented at various industry events worldwide, and brings more than 15 years of in depth technology experience across various industries.

Ian is a PMP Certified Project Manager, MCSE, and an Instrumentation Technology engineer.

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