This week, Hewlett-Packard (where I am on the board) announced that it is exploring jettisoning its struggling PC business in favor of investing more heavily in software, where it sees better potential for growth. Meanwhile, Google plans to buy up the cellphone handset maker Motorola Mobility. Both moves surprised the tech world. But both moves are also in line with a trend I've observed, one that makes me optimistic about the future growth of the American and world economies, despite the recent turmoil in the stock market.
In short, software is eating the world.:
http://online.wsj.com/article/SB10001424053111903480904576512250915629460.html
Big Data is Creating A Digital Nervous System
What does it mean to have a digital nervous system? The key trait is to make an organization’s feedback loop entirely digital. That is, a direct connection from sensing and monitoring inputs through to product outputs. That’s straightforward on the web. It’s getting increasingly easier in retail. Perhaps the biggest shifts in our world will come as sensors and robotics bring the advantages web companies have now to domains such as industry, transport, and the military.
The reach of digital nervous system has grown steadily over the past 30 years, and each step brings gains in agility and flexibility, along with an order of magnitude more data. First, from specific application programs to general business use with the PC. Then, direct interaction over the web. Mobile adds awareness of time and place, along with instant notification. The next step, to cloud, breaks down data silos and adds storage and compute elasticity through cloud computing. Now, we’re integrating smart agents, able to act on our behalf, and connections to the real world through sensors and automation.
http://www.forbes.com/sites/oreillymedia/2012/09/04/big-data-is-creating-a-digital-nervous-system/2/
The reach of digital nervous system has grown steadily over the past 30 years, and each step brings gains in agility and flexibility, along with an order of magnitude more data. First, from specific application programs to general business use with the PC. Then, direct interaction over the web. Mobile adds awareness of time and place, along with instant notification. The next step, to cloud, breaks down data silos and adds storage and compute elasticity through cloud computing. Now, we’re integrating smart agents, able to act on our behalf, and connections to the real world through sensors and automation.
http://www.forbes.com/sites/oreillymedia/2012/09/04/big-data-is-creating-a-digital-nervous-system/2/
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