Wednesday, August 10, 2011

From Industrial to Information Revolution


This week marks an important point in global economics. One could argue it marks a transition point in human history. Apple Inc. has passed Exxon Mobile Corporation to become the world's most valuable company.

One company manufactures products that power our physical world while the other manufactures products that power our digital world.

Can you imagine what an oil executive, or any business executive, would have said 30 years ago if you told them a company that sells computers to individuals would be worth more than the giants of the energy industry? Yeah right. It would have literally been unimaginable.

10 years ago even those working in the technology would have likely said any tech company that would pass the energy giants would be a company that focused on selling to massive enterprise clients and the federal government.

Scary part is, the trend of consumerization is just getting started. Enterprise IT spending currently makes up a majority of technology investment. Where do these dollars flow as consumerization impacts larger ticket items and comes to dominate our entire computing experience?

There's little reason to think Apple will be slowing down anytime soon.

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