The US has shaped a series of tech advances, from the silicon chip to the dotcom boom to the social networking craze, and now the convergence of the cloud and non-stop mobile.
Thanks to the lean start-up process, entrepreneurs are scaling companies to sizeable revenues with smaller teams and less cash. The innovation cycle is speeding up, with a new generation of talented entrepreneurs creating the next disruptive technologies.
Silicon Valley continues to be the radius for tremendous innovation spanning startups and global tech enterprises. Having the largest venture capital market in the world doesn’t hurt either, plus the pioneer spirit that has made the Valley one of the world’s top R&D centers. Other tech hubs are also emerging in New York, Seattle, Cambridge, Portland and Austin.
- Gary Matuszak, Global and US Chair, Technology, Media & Telecommunications