Occasionally, whilst foraging for knowledge berries on the internet, you stumble upon a patch of tasty information. This was the case on Sunday when I read an article by John Naughton titled, "Real cost of the smartphone revolution: The smartphone market is expanding at an astonishing rate, but is it damaging creativity and innovation on the web?"
The article referenced a May 2012 conference presentation written by the industry analyst Mary Meeker from venture capital firm Kleiner Perkins Caufield & Byers. Drawing from a range on secondary sources, the presentation puts forward a compelling view of current and future digital activity.
While there are numerous insights and trends from Meeker in the deck, I've pulled out two highlights that I found of particular interest.
The article referenced a May 2012 conference presentation written by the industry analyst Mary Meeker from venture capital firm Kleiner Perkins Caufield & Byers. Drawing from a range on secondary sources, the presentation puts forward a compelling view of current and future digital activity.
While there are numerous insights and trends from Meeker in the deck, I've pulled out two highlights that I found of particular interest.
Insight One: The Future of Digital is Mobile
At present mobile traffic represents 10% of global internet traffic, but according to Meeker while "internet growth remains robust, rapid mobile adoption is still in [its] early stages" and will likely impact global desktop internet usage (see recent data from India below).
The opportunity for mobile innovation to 're-imagine,' or disrupt, stable categories like finance, energy and retail is immense. Industries and companies that fail to proactively develop strategies for dealing with the shift to mobile are likely to lose market share.
