We posed this question to our FOLEYTech 2014 expert panelists to get their take on a look back at what’s powered tech innovation.
- "The rise of social and the creation of key companies underpinning that new space — Facebook/Instagram, Twitter, LinkedIn, Snapchat, etc."
– Eric Hjerpe, Kepha Partners, @efhjerpe
- "The availability and affordability of cloud-based services. Innovative products and services can now be developed and deployed via cloud-based platforms for a fraction of the cost of traditional methods."
– Ron Remy, Mobile Heartbeat, @TechDadCentral
- "Social media has totally changed how we communicate to worldwide audiences on a personal level."
– Don Dodge, Google, @DonDodge
- "WiFi: Ubiquitous connectivity coupled with an explosion of social networks and mobile apps has enabled users to interact with their world on a real-time basis in new ways with increased productivity."
– Chris McKenna, Foley & Lardner LLP
- "The ability of startups to deploy infrastructure with very little cap investment."
– John Morey, MyRozi, @MoreyMyRozi
- "Cloud infrastructure and web2.0 social media platforms."
– Lara Hanson, Qwasi
- "Use of cloud services."
– Danielle Sheer, Carbonite
- "The combination of social media, cloud services, and mobile have created a truly connected planet where information, data communication, and sharing have become mainstream globally."
– Ralph Rodriguez, Delfigo Security, @ralphopinions
- "Social media adoption… sites like Facebook and Twitter are driving rapid, near real-time communication while creating opportunities for negative developments too via security breaches and identify theft."
– Robert Zeuthen, BNY Mellon
- "Cloud computing has made it less expensive and more flexible for companies big and small to develop solutions both internal and external. The tech world will never be the same – it’s a revolutionary technology that comes every few decades."
– Greg Dracon, .406 Ventures, @Greg406
- "Biggest change has come from social media…bringing human relationships into the software."
– James Geshwiler, Common Angels, @geshwiler
- "Proliferation of broadband and advances in fiber optic networks in general. These advances in infrastructure have paved the way for fundamental shifts in how people consume media (print-to-digital) and products (e-commerce) alike, and ultimately feed the "Big Data" machine that we hear so much about."
–Tom Kearney, Wicks Group
- "The advancement of non-fossil fuel vehicles."
–Rob Brown, Lincoln International
- "Cloud computing and deceleration of computing costs. It represents a paradigm shift in information technology and the underlying framework for making Big Data actionable."
–Ed Montes, DataXu, @DataXu
Interested in continuing the discussion with fellow entrepreneurs, C-level executives, tech business managers, and tech company investors and advisors? Learn more at Foley.com/Foleytech
Join in the discussion via social media at @foleytech and #foleytech2014.
A Look Ahead 10 Years
What are their predictions for the game changer in mHealth, digital media, and security for the next 10 years? Read More in Part II.