SlideShare a Scribd company logo
1 of 40
TAKING THE LONG VIEW: ICT
TRENDS & DEVELOPMENTS
  November 1, 2011 @ TTU
  Kristjan Rebane, Estonian Development Fund
Kristjan Rebane
 At the Estonian Development Fund as Expert of
  Information Society since 2007
 Before that almost 8 years at the Estonian
  Information Society Foundation
  – starting up the IT College and
  – establishing IT education spport programme Tiger
     University
 Previously more than 7 years at the Open Estonia
  Foundation (local branch of Soros Foundations) in
  areas of IT, economics, health care and several
  scholarship schemes
Preview into today’s topics




1    About Development Fund
2    Technological Development In the World
3    Technology Trends As Seen In 2011
1

    About Development Fund

     Founded as a public law institution
     By Riigikogu (the Parliament) in 2007
     With two main tasks:
       – Venture capital investments
       – Foresight
     www.arengufond.ee/eng
     Twitter: Arengufond
1

    Ignoranti, quem portum petat, nullus suus ventus est

    (If one does not know to which port one is sailing, no
                      wind is favourable)
                           SENECA
1
    Development Fund’s Foresight work




     Ad hoc                             Ad hoc
     analysis /                       analysis /
     In-house or                    In-house or
     commissione                  commissioned
     d




                                                   13
2




    Where are new techologies born?
    TECHNOLOGICAL
    DEVELOPMENT
    IN THE WORLD
2
     About technology and the future



Estonia in 2018+
    • A typical household has over
    1000 microprocessors
    • Petabite (1 PB = 1 millon GB) is the most
    commonly used data unit
    • The volume of video calls in minutes
    exceeds that of voice calls
2
    And we don’t know,
    what the future holds...
     In 2004 there didn’t
      exist 10 of the top
      professions of 2020!

     Today’s student in
      the USA will have
      had 10-14 jobs by
      the age of 38*

                               * Source: USA Dept of Education
2
    Hype Cycle, Gartner 2011
2
    Long waves
2
    Technology adoption speeds up
              Time to reach 50 million users

                               Once the rules of game in the
                                  world changed every 1000
                               years, then 300, then 100 and
                             then (in the 20th century) every
                                                     25 years
                                          ...but the human
                                      nature has remained
                                       basically the same!




                                      Source: Forrester Research, Morgan Stanley, 2008
2
    Where are the new techologies born?
    Where there are more people
    dedicated to creating them!




                                     Source: www.worldmapper.org
2
    Already today: dependence
    on a computer

     On October 1, 2008
     A computer glitch
     erased
     HALF of
     Google’s stock value
     ($200 of $400)
     i.e. $62 billion
     in just 4 minutes


                            Source: TechCrunch.com, Google Stock Falls $200 as Market Closes
2
    Already today: dependence
    on a computer

     On October 1, 2008
     A computer glitch
     erased
     HALF of
     Google’s stock value
     ($200 of $400)
     i.e. $62 billion
     in just 4 minutes
2




    23
2
    ICT Grand Vision in the world
          Trust &                  ICT for Societal      ICT for Economic           Science and
         Confidence                  Challenges             Challenges              Engineering

                  Applied ICT for Major Societal and Economic Challenges


                          Enabling anywhere anytime natural and
                           enjoyable access to ICT services for ALL


     Miniaturised, low cost                 Pervasive mobile
                                                                            Natural interaction
    low power components                    wireless, trustful
                                                                             with ‘knowledge’
          & systems                          infrastructure


µ, nano & opto-       µ and nano         Communication       Software         Knowledge              User
   electronics         systems            & networking     technologies      technologies         interfaces



                                                                               More in EST_IT@2018 report!
2   Where is the world going?
    Computing everywhere

    Very small
    compinents and
    microsystems
    with low energy
    consumption




                        Image: Wired Magazine, Artifacts from the future
2   Where is the world going?
    Communications everywhere

    Ubiquitous,
    mobile,
    wireless and
    trustworthy
    infrastructure



                     Image: Wired Magazine, Artifacts from the future
2   Where is the world going?
    Data everywhere

    Data
    management
    and
    user interfaces




                      Image: Wired Magazine, Artifacts from the future
TECHNOLOGY TRENDS
AS SEEN IN 2011
3
    Technology trends of 2011
    1. Mobile – Early Innings Growth, Still…

    2. User Interface –
       Text → Graphical → Touch / Sound / Move

    3. Mega-Trend of 21st Century =
       Empowerment of People via
       Connected Mobile Devices

    Based on Mary Meeker’s presentation
        at Web 2.0 Summit San Francisco on October 18, 2011
3
    Mobile: Smartphones Surpassed
    Feature Phone Shipments
3
    Mobile: Android ‘Phone’ Adoption
    Has Ramped
    Even Faster than iPhone
3
    Mobile Usage – Big & Ramping Fast
3
    Mobile Search – Growing Rapidly
3
    User Interface: Natural User Interface
    Revolution–Now in Touch/Sound/Move Era
3



      Sound is going to be bigger than
         video… ‘Record’ is the new
                  QWERTY.

    Alexander Ljung, Founder & CEO, SoundCloud
3
    User Interface: The Next Big Thing(s)?
    Those Two Big Things on the Sides of Your Head…
3   Global Information Flow –
    Real-Time + Fast + Broad
              16 Minutes Before / After Japan Earthquake on 3/11/11
              Snapshots of @replies From & To Twitter Users in Japan
             2:30pm Japan Time                     2:46pm Japan Time
         Before Earthquake / Tsunami           After Earthquake / Tsunami




    Note: Yellow lines indicate tweets coming out of Japan; Pink lines indicate tweets coming into Japan. Source:
                                                         Twitter.
    „In 140-character bites, the story unfolded: the shock and terror; the sense of human
      frailty mixed with lifesaving information; the messages of those seeking comfort and
        those seeing some kind of divine retribution, all mixing at hyper-speed.“ (LATimes,
                                             3/11/11)
3
    Global Information Flow –
    Remote Locations Getting Connected
     85% of world’s population covered by
      commercial wireless signals, providing greater
      reach vs. electrical grid (80%).*

     200MM+ farmers in India receiving
      government payments / subsidies via mobile
      devices.**
                                                                                                                          Source:
                                                                                                *GSM Association, United Nations.
      **There are 90MM Kisan credit card users and 118MM job card users, both of which do not require bank accounts but utilize
          mobile phones as identity verification / payment confirmation, per Ministry of Rural Development, Government of India.
3
    Closing Thoughts
     Economy – Often darkest before dawn. At least we
      know what the problems are. Now we need the
      resolve to fix them. Across-the-board sacrifice
      needed.
     Tech Industry – Wow! Unprecedented times! If you
      can keep your head when all about you are losing
      theirs…*

       “The majority of our products today will be gone in
         ten years,” Samsung’s chairman Lee Kun-hee, in
            January (via the Economist Oct 11, 2011).

                                                *Rudyard Kipling - ‘If’
THE FUTURE IS ALREADY HERE!
  (It’s just not very evenly distributed)


Kristjan Rebane
kristjan.rebane@arengufond.ee
Skype callto://kristjan.rebane/
http://www.arengufond.ee/eng/foresight/estit2018/

More Related Content

What's hot

New IT - A Paradigm Shift
New IT - A Paradigm ShiftNew IT - A Paradigm Shift
New IT - A Paradigm ShiftAnand Sharma
 
IT: Current Stage and Future Trend
IT: Current Stage and Future Trend IT: Current Stage and Future Trend
IT: Current Stage and Future Trend Widy Widyawan
 
Impact Of Ict In Society
Impact Of Ict In SocietyImpact Of Ict In Society
Impact Of Ict In Societykerjait
 
The future of information socety
The future of information socetyThe future of information socety
The future of information socetyJyrki Kasvi
 
2017 aug pbs kp tu rao apple dm disruptive iinnovation
2017 aug pbs kp tu rao apple dm disruptive iinnovation2017 aug pbs kp tu rao apple dm disruptive iinnovation
2017 aug pbs kp tu rao apple dm disruptive iinnovationPSK Research Foundation
 
Introducing the Internet of Things: lecture @IULM University
Introducing the Internet of Things: lecture @IULM UniversityIntroducing the Internet of Things: lecture @IULM University
Introducing the Internet of Things: lecture @IULM UniversityLeandro Agro'
 
2011 presentation ozse .2
2011 presentation ozse .22011 presentation ozse .2
2011 presentation ozse .2JobT
 
Ease to human life due to technical development
Ease to human life due to technical developmentEase to human life due to technical development
Ease to human life due to technical developmentMoresk9596
 
Impact of ict on society
Impact of ict on societyImpact of ict on society
Impact of ict on societyAMOSOGAGAH
 
Foundation course –_ii_[autosaved]
Foundation course –_ii_[autosaved]Foundation course –_ii_[autosaved]
Foundation course –_ii_[autosaved]richard786
 
Frostsullivanindonesiaictoutlookfor2012andbeyond 120216210846-phpapp01
Frostsullivanindonesiaictoutlookfor2012andbeyond 120216210846-phpapp01Frostsullivanindonesiaictoutlookfor2012andbeyond 120216210846-phpapp01
Frostsullivanindonesiaictoutlookfor2012andbeyond 120216210846-phpapp01Faizal Adiputra
 
The Internet of Things How the Next Evolution of the Internet Is Changing Eve...
The Internet of Things How the Next Evolution of the Internet Is Changing Eve...The Internet of Things How the Next Evolution of the Internet Is Changing Eve...
The Internet of Things How the Next Evolution of the Internet Is Changing Eve...Business of Software Conference
 
E-governance and how technology is impacting our lives
E-governance and how technology is impacting our livesE-governance and how technology is impacting our lives
E-governance and how technology is impacting our livesarnav1230
 
Innovation and future presentation
Innovation and future   presentationInnovation and future   presentation
Innovation and future presentationKathan .
 
Biometric System Penetration in Resource Constrained Mobile Device
Biometric System Penetration in Resource Constrained Mobile DeviceBiometric System Penetration in Resource Constrained Mobile Device
Biometric System Penetration in Resource Constrained Mobile Deviceijbbjournal
 
Current and Future Trends in Media and Information
Current and Future Trends in Media and InformationCurrent and Future Trends in Media and Information
Current and Future Trends in Media and InformationAngelo Delossantos
 

What's hot (20)

New IT - A Paradigm Shift
New IT - A Paradigm ShiftNew IT - A Paradigm Shift
New IT - A Paradigm Shift
 
Communication technology
Communication technologyCommunication technology
Communication technology
 
IT: Current Stage and Future Trend
IT: Current Stage and Future Trend IT: Current Stage and Future Trend
IT: Current Stage and Future Trend
 
Impact Of Ict In Society
Impact Of Ict In SocietyImpact Of Ict In Society
Impact Of Ict In Society
 
The future of information socety
The future of information socetyThe future of information socety
The future of information socety
 
2017 aug pbs kp tu rao apple dm disruptive iinnovation
2017 aug pbs kp tu rao apple dm disruptive iinnovation2017 aug pbs kp tu rao apple dm disruptive iinnovation
2017 aug pbs kp tu rao apple dm disruptive iinnovation
 
What is ICT?
What is ICT?What is ICT?
What is ICT?
 
Introducing the Internet of Things: lecture @IULM University
Introducing the Internet of Things: lecture @IULM UniversityIntroducing the Internet of Things: lecture @IULM University
Introducing the Internet of Things: lecture @IULM University
 
2011 presentation ozse .2
2011 presentation ozse .22011 presentation ozse .2
2011 presentation ozse .2
 
Mobile com 21 3 2020
Mobile com 21 3 2020Mobile com 21 3 2020
Mobile com 21 3 2020
 
Ease to human life due to technical development
Ease to human life due to technical developmentEase to human life due to technical development
Ease to human life due to technical development
 
Impact of ict on society
Impact of ict on societyImpact of ict on society
Impact of ict on society
 
Foundation course –_ii_[autosaved]
Foundation course –_ii_[autosaved]Foundation course –_ii_[autosaved]
Foundation course –_ii_[autosaved]
 
Frostsullivanindonesiaictoutlookfor2012andbeyond 120216210846-phpapp01
Frostsullivanindonesiaictoutlookfor2012andbeyond 120216210846-phpapp01Frostsullivanindonesiaictoutlookfor2012andbeyond 120216210846-phpapp01
Frostsullivanindonesiaictoutlookfor2012andbeyond 120216210846-phpapp01
 
The Internet of Things How the Next Evolution of the Internet Is Changing Eve...
The Internet of Things How the Next Evolution of the Internet Is Changing Eve...The Internet of Things How the Next Evolution of the Internet Is Changing Eve...
The Internet of Things How the Next Evolution of the Internet Is Changing Eve...
 
E-governance and how technology is impacting our lives
E-governance and how technology is impacting our livesE-governance and how technology is impacting our lives
E-governance and how technology is impacting our lives
 
Innovation and future presentation
Innovation and future   presentationInnovation and future   presentation
Innovation and future presentation
 
Biometric System Penetration in Resource Constrained Mobile Device
Biometric System Penetration in Resource Constrained Mobile DeviceBiometric System Penetration in Resource Constrained Mobile Device
Biometric System Penetration in Resource Constrained Mobile Device
 
CHAP 4 - SOCIAL IMPACT OF ICT
CHAP 4 - SOCIAL IMPACT OF ICTCHAP 4 - SOCIAL IMPACT OF ICT
CHAP 4 - SOCIAL IMPACT OF ICT
 
Current and Future Trends in Media and Information
Current and Future Trends in Media and InformationCurrent and Future Trends in Media and Information
Current and Future Trends in Media and Information
 

Viewers also liked

Amoura sura.vol.1.pic.doc.html
Amoura sura.vol.1.pic.doc.htmlAmoura sura.vol.1.pic.doc.html
Amoura sura.vol.1.pic.doc.htmlkalifian
 
ITL'i visiooniteekaardi kickoff
ITL'i visiooniteekaardi kickoffITL'i visiooniteekaardi kickoff
ITL'i visiooniteekaardi kickoffKristjan Rebane
 
Diagnostico de salud
Diagnostico de saludDiagnostico de salud
Diagnostico de saludVicky Rosero
 
Inspiratsioonipäeva haridusuuenduste teema sissejuhatus
Inspiratsioonipäeva haridusuuenduste teema sissejuhatusInspiratsioonipäeva haridusuuenduste teema sissejuhatus
Inspiratsioonipäeva haridusuuenduste teema sissejuhatusKristjan Rebane
 
7 steps towards sustainable office culture
7 steps towards sustainable office culture7 steps towards sustainable office culture
7 steps towards sustainable office cultureHonest Coffees
 
The house of cod or clord.pt.1.pic.doc.html
The house of cod or clord.pt.1.pic.doc.htmlThe house of cod or clord.pt.1.pic.doc.html
The house of cod or clord.pt.1.pic.doc.htmlkalifian
 
Foresight at the Estonian Development Fund
Foresight at the Estonian Development FundForesight at the Estonian Development Fund
Foresight at the Estonian Development FundKristjan Rebane
 
IKT arenguanalüüsi esmaesitlus
IKT arenguanalüüsi esmaesitlusIKT arenguanalüüsi esmaesitlus
IKT arenguanalüüsi esmaesitlusKristjan Rebane
 
Powerscourt hotel resort & spa ireland presentation jan 2014
Powerscourt hotel resort & spa ireland presentation jan 2014Powerscourt hotel resort & spa ireland presentation jan 2014
Powerscourt hotel resort & spa ireland presentation jan 2014ombyr
 
Derechos reales y personales
Derechos reales y personalesDerechos reales y personales
Derechos reales y personalesfidelbarragan
 
Acacia Hotel 2011.12.12
Acacia Hotel 2011.12.12Acacia Hotel 2011.12.12
Acacia Hotel 2011.12.12Ricky Disini
 

Viewers also liked (13)

Amoura sura.vol.1.pic.doc.html
Amoura sura.vol.1.pic.doc.htmlAmoura sura.vol.1.pic.doc.html
Amoura sura.vol.1.pic.doc.html
 
ITL'i visiooniteekaardi kickoff
ITL'i visiooniteekaardi kickoffITL'i visiooniteekaardi kickoff
ITL'i visiooniteekaardi kickoff
 
Pronuncia do norte (1)
Pronuncia do norte (1)Pronuncia do norte (1)
Pronuncia do norte (1)
 
Diagnostico de salud
Diagnostico de saludDiagnostico de salud
Diagnostico de salud
 
Inspiratsioonipäeva haridusuuenduste teema sissejuhatus
Inspiratsioonipäeva haridusuuenduste teema sissejuhatusInspiratsioonipäeva haridusuuenduste teema sissejuhatus
Inspiratsioonipäeva haridusuuenduste teema sissejuhatus
 
7 steps towards sustainable office culture
7 steps towards sustainable office culture7 steps towards sustainable office culture
7 steps towards sustainable office culture
 
The house of cod or clord.pt.1.pic.doc.html
The house of cod or clord.pt.1.pic.doc.htmlThe house of cod or clord.pt.1.pic.doc.html
The house of cod or clord.pt.1.pic.doc.html
 
Foresight at the Estonian Development Fund
Foresight at the Estonian Development FundForesight at the Estonian Development Fund
Foresight at the Estonian Development Fund
 
IKT arenguanalüüsi esmaesitlus
IKT arenguanalüüsi esmaesitlusIKT arenguanalüüsi esmaesitlus
IKT arenguanalüüsi esmaesitlus
 
Powerscourt hotel resort & spa ireland presentation jan 2014
Powerscourt hotel resort & spa ireland presentation jan 2014Powerscourt hotel resort & spa ireland presentation jan 2014
Powerscourt hotel resort & spa ireland presentation jan 2014
 
ley inee resumen snte
ley inee resumen snteley inee resumen snte
ley inee resumen snte
 
Derechos reales y personales
Derechos reales y personalesDerechos reales y personales
Derechos reales y personales
 
Acacia Hotel 2011.12.12
Acacia Hotel 2011.12.12Acacia Hotel 2011.12.12
Acacia Hotel 2011.12.12
 

Similar to Taking the Long View: ICT Trends & Developments

New Technology 2018 Lecture L01 Introduction
New Technology 2018 Lecture L01 IntroductionNew Technology 2018 Lecture L01 Introduction
New Technology 2018 Lecture L01 IntroductionÓlafur Andri Ragnarsson
 
Internet of Things (IoT) - Hafedh Alyahmadi - May 29, 2015.pdf
Internet of Things (IoT) - Hafedh Alyahmadi - May 29, 2015.pdfInternet of Things (IoT) - Hafedh Alyahmadi - May 29, 2015.pdf
Internet of Things (IoT) - Hafedh Alyahmadi - May 29, 2015.pdfImXaib
 
Internet of Things
Internet of ThingsInternet of Things
Internet of ThingsDodi Saputra
 
Internet of Things and smart cities: towards a sustainable future
Internet of Things and smart cities: towards a sustainable futureInternet of Things and smart cities: towards a sustainable future
Internet of Things and smart cities: towards a sustainable futureGreenapps&web
 
ICT Vision and Technologies Adoption across Thailand
ICT Vision and Technologies Adoption across ThailandICT Vision and Technologies Adoption across Thailand
ICT Vision and Technologies Adoption across ThailandSoftware Park Thailand
 
The evolution of the Internet and it's impact on print and other media_IDC_II...
The evolution of the Internet and it's impact on print and other media_IDC_II...The evolution of the Internet and it's impact on print and other media_IDC_II...
The evolution of the Internet and it's impact on print and other media_IDC_II...Rohit Varma
 
DIGITAL TECHNOLOGY
DIGITAL TECHNOLOGYDIGITAL TECHNOLOGY
DIGITAL TECHNOLOGYVARUN KUMAR
 
Internet of Things
Internet of Things Internet of Things
Internet of Things videos
 
Economy, Politics & Culture in Cyberspace
Economy, Politics & Culture in CyberspaceEconomy, Politics & Culture in Cyberspace
Economy, Politics & Culture in CyberspaceOzgur Uckan
 
Future network architecture: requirements and challenges
Future network architecture: requirements and challengesFuture network architecture: requirements and challenges
Future network architecture: requirements and challengesAntonio Marcos Alberti
 
Internet of Things - Overview
Internet of Things - OverviewInternet of Things - Overview
Internet of Things - Overviewmaha5960
 
Digital Networks
Digital NetworksDigital Networks
Digital NetworksKathy Gill
 
Introduction to internet of things
Introduction to internet of thingsIntroduction to internet of things
Introduction to internet of thingsBhargavi Padmaraju
 
Digital India: Use of Technology For Transforming Society
Digital India: Use of Technology For Transforming SocietyDigital India: Use of Technology For Transforming Society
Digital India: Use of Technology For Transforming SocietyDr. Sunil Kr. Pandey
 
General Smart Planet Overview
General  Smart Planet OverviewGeneral  Smart Planet Overview
General Smart Planet OverviewBradley Gilmour
 
INTERNET OF THING PRESENTATION ON PUBLIC SPEAKING
INTERNET OF THING PRESENTATION ON PUBLIC SPEAKINGINTERNET OF THING PRESENTATION ON PUBLIC SPEAKING
INTERNET OF THING PRESENTATION ON PUBLIC SPEAKINGAYESHA JAVED
 
Mobile Recruiting (October 2011)
Mobile Recruiting (October 2011)Mobile Recruiting (October 2011)
Mobile Recruiting (October 2011)David Lee
 

Similar to Taking the Long View: ICT Trends & Developments (20)

New Technology 2018 Lecture L01 Introduction
New Technology 2018 Lecture L01 IntroductionNew Technology 2018 Lecture L01 Introduction
New Technology 2018 Lecture L01 Introduction
 
Internet of Things (IoT) - Hafedh Alyahmadi - May 29, 2015.pdf
Internet of Things (IoT) - Hafedh Alyahmadi - May 29, 2015.pdfInternet of Things (IoT) - Hafedh Alyahmadi - May 29, 2015.pdf
Internet of Things (IoT) - Hafedh Alyahmadi - May 29, 2015.pdf
 
Internet of Things
Internet of ThingsInternet of Things
Internet of Things
 
Internet of Things and smart cities: towards a sustainable future
Internet of Things and smart cities: towards a sustainable futureInternet of Things and smart cities: towards a sustainable future
Internet of Things and smart cities: towards a sustainable future
 
ICT Vision and Technologies Adoption across Thailand
ICT Vision and Technologies Adoption across ThailandICT Vision and Technologies Adoption across Thailand
ICT Vision and Technologies Adoption across Thailand
 
The evolution of the Internet and it's impact on print and other media_IDC_II...
The evolution of the Internet and it's impact on print and other media_IDC_II...The evolution of the Internet and it's impact on print and other media_IDC_II...
The evolution of the Internet and it's impact on print and other media_IDC_II...
 
DIGITAL TECHNOLOGY
DIGITAL TECHNOLOGYDIGITAL TECHNOLOGY
DIGITAL TECHNOLOGY
 
Internet of Things
Internet of Things Internet of Things
Internet of Things
 
Economy, Politics & Culture in Cyberspace
Economy, Politics & Culture in CyberspaceEconomy, Politics & Culture in Cyberspace
Economy, Politics & Culture in Cyberspace
 
Future network architecture: requirements and challenges
Future network architecture: requirements and challengesFuture network architecture: requirements and challenges
Future network architecture: requirements and challenges
 
Internet of Things - Overview
Internet of Things - OverviewInternet of Things - Overview
Internet of Things - Overview
 
New Technology 2017 L01 introduction
New Technology 2017 L01 introductionNew Technology 2017 L01 introduction
New Technology 2017 L01 introduction
 
Digital Networks
Digital NetworksDigital Networks
Digital Networks
 
Introduction to internet of things
Introduction to internet of thingsIntroduction to internet of things
Introduction to internet of things
 
Digital India: Use of Technology For Transforming Society
Digital India: Use of Technology For Transforming SocietyDigital India: Use of Technology For Transforming Society
Digital India: Use of Technology For Transforming Society
 
New technologies
New technologiesNew technologies
New technologies
 
General Smart Planet Overview
General  Smart Planet OverviewGeneral  Smart Planet Overview
General Smart Planet Overview
 
Internet of Things
Internet of ThingsInternet of Things
Internet of Things
 
INTERNET OF THING PRESENTATION ON PUBLIC SPEAKING
INTERNET OF THING PRESENTATION ON PUBLIC SPEAKINGINTERNET OF THING PRESENTATION ON PUBLIC SPEAKING
INTERNET OF THING PRESENTATION ON PUBLIC SPEAKING
 
Mobile Recruiting (October 2011)
Mobile Recruiting (October 2011)Mobile Recruiting (October 2011)
Mobile Recruiting (October 2011)
 

More from Kristjan Rebane

TTÜ ja SMITi koostöövõimalustest
TTÜ ja SMITi koostöövõimalustestTTÜ ja SMITi koostöövõimalustest
TTÜ ja SMITi koostöövõimalustestKristjan Rebane
 
Pikk vaade silmapiiri taha: IT + haridus
Pikk vaade silmapiiri taha: IT + haridusPikk vaade silmapiiri taha: IT + haridus
Pikk vaade silmapiiri taha: IT + haridusKristjan Rebane
 
EST_IT@2018 - Miks ja milleks?
EST_IT@2018 - Miks ja milleks?EST_IT@2018 - Miks ja milleks?
EST_IT@2018 - Miks ja milleks?Kristjan Rebane
 
Green IT presentation at Green Industry Innovation Partner Day (Tallinn, Esto...
Green IT presentation at Green Industry Innovation Partner Day (Tallinn, Esto...Green IT presentation at Green Industry Innovation Partner Day (Tallinn, Esto...
Green IT presentation at Green Industry Innovation Partner Day (Tallinn, Esto...Kristjan Rebane
 
5x5x5 ärimudelit muutvat trendi (K.Rebane)
5x5x5 ärimudelit muutvat trendi (K.Rebane)5x5x5 ärimudelit muutvat trendi (K.Rebane)
5x5x5 ärimudelit muutvat trendi (K.Rebane)Kristjan Rebane
 
TartuKHK Tulevikutoo 10 votmeoskust (K.Rebane)
TartuKHK Tulevikutoo 10 votmeoskust (K.Rebane)TartuKHK Tulevikutoo 10 votmeoskust (K.Rebane)
TartuKHK Tulevikutoo 10 votmeoskust (K.Rebane)Kristjan Rebane
 
TLÜ tulevikuõppimise seminar 27.01.12
TLÜ tulevikuõppimise seminar 27.01.12TLÜ tulevikuõppimise seminar 27.01.12
TLÜ tulevikuõppimise seminar 27.01.12Kristjan Rebane
 

More from Kristjan Rebane (7)

TTÜ ja SMITi koostöövõimalustest
TTÜ ja SMITi koostöövõimalustestTTÜ ja SMITi koostöövõimalustest
TTÜ ja SMITi koostöövõimalustest
 
Pikk vaade silmapiiri taha: IT + haridus
Pikk vaade silmapiiri taha: IT + haridusPikk vaade silmapiiri taha: IT + haridus
Pikk vaade silmapiiri taha: IT + haridus
 
EST_IT@2018 - Miks ja milleks?
EST_IT@2018 - Miks ja milleks?EST_IT@2018 - Miks ja milleks?
EST_IT@2018 - Miks ja milleks?
 
Green IT presentation at Green Industry Innovation Partner Day (Tallinn, Esto...
Green IT presentation at Green Industry Innovation Partner Day (Tallinn, Esto...Green IT presentation at Green Industry Innovation Partner Day (Tallinn, Esto...
Green IT presentation at Green Industry Innovation Partner Day (Tallinn, Esto...
 
5x5x5 ärimudelit muutvat trendi (K.Rebane)
5x5x5 ärimudelit muutvat trendi (K.Rebane)5x5x5 ärimudelit muutvat trendi (K.Rebane)
5x5x5 ärimudelit muutvat trendi (K.Rebane)
 
TartuKHK Tulevikutoo 10 votmeoskust (K.Rebane)
TartuKHK Tulevikutoo 10 votmeoskust (K.Rebane)TartuKHK Tulevikutoo 10 votmeoskust (K.Rebane)
TartuKHK Tulevikutoo 10 votmeoskust (K.Rebane)
 
TLÜ tulevikuõppimise seminar 27.01.12
TLÜ tulevikuõppimise seminar 27.01.12TLÜ tulevikuõppimise seminar 27.01.12
TLÜ tulevikuõppimise seminar 27.01.12
 

Recently uploaded

Judging the Relevance and worth of ideas part 2.pptx
Judging the Relevance  and worth of ideas part 2.pptxJudging the Relevance  and worth of ideas part 2.pptx
Judging the Relevance and worth of ideas part 2.pptxSherlyMaeNeri
 
Grade 9 Q4-MELC1-Active and Passive Voice.pptx
Grade 9 Q4-MELC1-Active and Passive Voice.pptxGrade 9 Q4-MELC1-Active and Passive Voice.pptx
Grade 9 Q4-MELC1-Active and Passive Voice.pptxChelloAnnAsuncion2
 
Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Celine George
 
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...JhezDiaz1
 
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTiammrhaywood
 
Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for BeginnersSabitha Banu
 
Q4 English4 Week3 PPT Melcnmg-based.pptx
Q4 English4 Week3 PPT Melcnmg-based.pptxQ4 English4 Week3 PPT Melcnmg-based.pptx
Q4 English4 Week3 PPT Melcnmg-based.pptxnelietumpap1
 
Barangay Council for the Protection of Children (BCPC) Orientation.pptx
Barangay Council for the Protection of Children (BCPC) Orientation.pptxBarangay Council for the Protection of Children (BCPC) Orientation.pptx
Barangay Council for the Protection of Children (BCPC) Orientation.pptxCarlos105
 
Science 7 Quarter 4 Module 2: Natural Resources.pptx
Science 7 Quarter 4 Module 2: Natural Resources.pptxScience 7 Quarter 4 Module 2: Natural Resources.pptx
Science 7 Quarter 4 Module 2: Natural Resources.pptxMaryGraceBautista27
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxthorishapillay1
 
AMERICAN LANGUAGE HUB_Level2_Student'sBook_Answerkey.pdf
AMERICAN LANGUAGE HUB_Level2_Student'sBook_Answerkey.pdfAMERICAN LANGUAGE HUB_Level2_Student'sBook_Answerkey.pdf
AMERICAN LANGUAGE HUB_Level2_Student'sBook_Answerkey.pdfphamnguyenenglishnb
 
How to do quick user assign in kanban in Odoo 17 ERP
How to do quick user assign in kanban in Odoo 17 ERPHow to do quick user assign in kanban in Odoo 17 ERP
How to do quick user assign in kanban in Odoo 17 ERPCeline George
 
How to Add Barcode on PDF Report in Odoo 17
How to Add Barcode on PDF Report in Odoo 17How to Add Barcode on PDF Report in Odoo 17
How to Add Barcode on PDF Report in Odoo 17Celine George
 
THEORIES OF ORGANIZATION-PUBLIC ADMINISTRATION
THEORIES OF ORGANIZATION-PUBLIC ADMINISTRATIONTHEORIES OF ORGANIZATION-PUBLIC ADMINISTRATION
THEORIES OF ORGANIZATION-PUBLIC ADMINISTRATIONHumphrey A Beña
 
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...Nguyen Thanh Tu Collection
 

Recently uploaded (20)

OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...
 
Judging the Relevance and worth of ideas part 2.pptx
Judging the Relevance  and worth of ideas part 2.pptxJudging the Relevance  and worth of ideas part 2.pptx
Judging the Relevance and worth of ideas part 2.pptx
 
Raw materials used in Herbal Cosmetics.pptx
Raw materials used in Herbal Cosmetics.pptxRaw materials used in Herbal Cosmetics.pptx
Raw materials used in Herbal Cosmetics.pptx
 
Grade 9 Q4-MELC1-Active and Passive Voice.pptx
Grade 9 Q4-MELC1-Active and Passive Voice.pptxGrade 9 Q4-MELC1-Active and Passive Voice.pptx
Grade 9 Q4-MELC1-Active and Passive Voice.pptx
 
Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17
 
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
 
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
YOUVE GOT EMAIL_FINALS_EL_DORADO_2024.pptx
YOUVE GOT EMAIL_FINALS_EL_DORADO_2024.pptxYOUVE GOT EMAIL_FINALS_EL_DORADO_2024.pptx
YOUVE GOT EMAIL_FINALS_EL_DORADO_2024.pptx
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
 
Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for Beginners
 
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
 
Q4 English4 Week3 PPT Melcnmg-based.pptx
Q4 English4 Week3 PPT Melcnmg-based.pptxQ4 English4 Week3 PPT Melcnmg-based.pptx
Q4 English4 Week3 PPT Melcnmg-based.pptx
 
Barangay Council for the Protection of Children (BCPC) Orientation.pptx
Barangay Council for the Protection of Children (BCPC) Orientation.pptxBarangay Council for the Protection of Children (BCPC) Orientation.pptx
Barangay Council for the Protection of Children (BCPC) Orientation.pptx
 
Science 7 Quarter 4 Module 2: Natural Resources.pptx
Science 7 Quarter 4 Module 2: Natural Resources.pptxScience 7 Quarter 4 Module 2: Natural Resources.pptx
Science 7 Quarter 4 Module 2: Natural Resources.pptx
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptx
 
AMERICAN LANGUAGE HUB_Level2_Student'sBook_Answerkey.pdf
AMERICAN LANGUAGE HUB_Level2_Student'sBook_Answerkey.pdfAMERICAN LANGUAGE HUB_Level2_Student'sBook_Answerkey.pdf
AMERICAN LANGUAGE HUB_Level2_Student'sBook_Answerkey.pdf
 
How to do quick user assign in kanban in Odoo 17 ERP
How to do quick user assign in kanban in Odoo 17 ERPHow to do quick user assign in kanban in Odoo 17 ERP
How to do quick user assign in kanban in Odoo 17 ERP
 
How to Add Barcode on PDF Report in Odoo 17
How to Add Barcode on PDF Report in Odoo 17How to Add Barcode on PDF Report in Odoo 17
How to Add Barcode on PDF Report in Odoo 17
 
THEORIES OF ORGANIZATION-PUBLIC ADMINISTRATION
THEORIES OF ORGANIZATION-PUBLIC ADMINISTRATIONTHEORIES OF ORGANIZATION-PUBLIC ADMINISTRATION
THEORIES OF ORGANIZATION-PUBLIC ADMINISTRATION
 
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...
 

Taking the Long View: ICT Trends & Developments

  • 1. TAKING THE LONG VIEW: ICT TRENDS & DEVELOPMENTS November 1, 2011 @ TTU Kristjan Rebane, Estonian Development Fund
  • 2. Kristjan Rebane  At the Estonian Development Fund as Expert of Information Society since 2007  Before that almost 8 years at the Estonian Information Society Foundation – starting up the IT College and – establishing IT education spport programme Tiger University  Previously more than 7 years at the Open Estonia Foundation (local branch of Soros Foundations) in areas of IT, economics, health care and several scholarship schemes
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9. Preview into today’s topics 1 About Development Fund 2 Technological Development In the World 3 Technology Trends As Seen In 2011
  • 10. 1 About Development Fund  Founded as a public law institution  By Riigikogu (the Parliament) in 2007  With two main tasks: – Venture capital investments – Foresight  www.arengufond.ee/eng  Twitter: Arengufond
  • 11.
  • 12. 1 Ignoranti, quem portum petat, nullus suus ventus est (If one does not know to which port one is sailing, no wind is favourable) SENECA
  • 13. 1 Development Fund’s Foresight work Ad hoc Ad hoc analysis / analysis / In-house or In-house or commissione commissioned d 13
  • 14. 2 Where are new techologies born? TECHNOLOGICAL DEVELOPMENT IN THE WORLD
  • 15. 2 About technology and the future Estonia in 2018+ • A typical household has over 1000 microprocessors • Petabite (1 PB = 1 millon GB) is the most commonly used data unit • The volume of video calls in minutes exceeds that of voice calls
  • 16. 2 And we don’t know, what the future holds...  In 2004 there didn’t exist 10 of the top professions of 2020!  Today’s student in the USA will have had 10-14 jobs by the age of 38* * Source: USA Dept of Education
  • 17. 2 Hype Cycle, Gartner 2011
  • 18. 2 Long waves
  • 19. 2 Technology adoption speeds up Time to reach 50 million users Once the rules of game in the world changed every 1000 years, then 300, then 100 and then (in the 20th century) every 25 years ...but the human nature has remained basically the same! Source: Forrester Research, Morgan Stanley, 2008
  • 20. 2 Where are the new techologies born? Where there are more people dedicated to creating them! Source: www.worldmapper.org
  • 21. 2 Already today: dependence on a computer On October 1, 2008 A computer glitch erased HALF of Google’s stock value ($200 of $400) i.e. $62 billion in just 4 minutes Source: TechCrunch.com, Google Stock Falls $200 as Market Closes
  • 22. 2 Already today: dependence on a computer On October 1, 2008 A computer glitch erased HALF of Google’s stock value ($200 of $400) i.e. $62 billion in just 4 minutes
  • 23. 2 23
  • 24. 2 ICT Grand Vision in the world Trust & ICT for Societal ICT for Economic Science and Confidence Challenges Challenges Engineering Applied ICT for Major Societal and Economic Challenges Enabling anywhere anytime natural and enjoyable access to ICT services for ALL Miniaturised, low cost Pervasive mobile Natural interaction low power components wireless, trustful with ‘knowledge’ & systems infrastructure µ, nano & opto- µ and nano Communication Software Knowledge User electronics systems & networking technologies technologies interfaces More in EST_IT@2018 report!
  • 25. 2 Where is the world going? Computing everywhere Very small compinents and microsystems with low energy consumption Image: Wired Magazine, Artifacts from the future
  • 26. 2 Where is the world going? Communications everywhere Ubiquitous, mobile, wireless and trustworthy infrastructure Image: Wired Magazine, Artifacts from the future
  • 27. 2 Where is the world going? Data everywhere Data management and user interfaces Image: Wired Magazine, Artifacts from the future
  • 29. 3 Technology trends of 2011 1. Mobile – Early Innings Growth, Still… 2. User Interface – Text → Graphical → Touch / Sound / Move 3. Mega-Trend of 21st Century = Empowerment of People via Connected Mobile Devices Based on Mary Meeker’s presentation at Web 2.0 Summit San Francisco on October 18, 2011
  • 30. 3 Mobile: Smartphones Surpassed Feature Phone Shipments
  • 31. 3 Mobile: Android ‘Phone’ Adoption Has Ramped Even Faster than iPhone
  • 32. 3 Mobile Usage – Big & Ramping Fast
  • 33. 3 Mobile Search – Growing Rapidly
  • 34. 3 User Interface: Natural User Interface Revolution–Now in Touch/Sound/Move Era
  • 35. 3 Sound is going to be bigger than video… ‘Record’ is the new QWERTY. Alexander Ljung, Founder & CEO, SoundCloud
  • 36. 3 User Interface: The Next Big Thing(s)? Those Two Big Things on the Sides of Your Head…
  • 37. 3 Global Information Flow – Real-Time + Fast + Broad 16 Minutes Before / After Japan Earthquake on 3/11/11 Snapshots of @replies From & To Twitter Users in Japan 2:30pm Japan Time 2:46pm Japan Time Before Earthquake / Tsunami After Earthquake / Tsunami Note: Yellow lines indicate tweets coming out of Japan; Pink lines indicate tweets coming into Japan. Source: Twitter. „In 140-character bites, the story unfolded: the shock and terror; the sense of human frailty mixed with lifesaving information; the messages of those seeking comfort and those seeing some kind of divine retribution, all mixing at hyper-speed.“ (LATimes, 3/11/11)
  • 38. 3 Global Information Flow – Remote Locations Getting Connected  85% of world’s population covered by commercial wireless signals, providing greater reach vs. electrical grid (80%).*  200MM+ farmers in India receiving government payments / subsidies via mobile devices.** Source: *GSM Association, United Nations. **There are 90MM Kisan credit card users and 118MM job card users, both of which do not require bank accounts but utilize mobile phones as identity verification / payment confirmation, per Ministry of Rural Development, Government of India.
  • 39. 3 Closing Thoughts  Economy – Often darkest before dawn. At least we know what the problems are. Now we need the resolve to fix them. Across-the-board sacrifice needed.  Tech Industry – Wow! Unprecedented times! If you can keep your head when all about you are losing theirs…* “The majority of our products today will be gone in ten years,” Samsung’s chairman Lee Kun-hee, in January (via the Economist Oct 11, 2011). *Rudyard Kipling - ‘If’
  • 40. THE FUTURE IS ALREADY HERE! (It’s just not very evenly distributed) Kristjan Rebane kristjan.rebane@arengufond.ee Skype callto://kristjan.rebane/ http://www.arengufond.ee/eng/foresight/estit2018/

Editor's Notes

  1. More than 300 IT professionals working at the campus of Tallinn University of Technology. Half of them are foreigners. Top business R&D performer in Estonia (10% of total BERD). Social mission: actively contributing to the popularisation of science subjects at schools, developing new curriculas and R&D networks with universities (STAK). After selling Skype to eBay its 4 Estonian co-founders created VC company Ambient Sound Investment (ASI) investing into crazy technology based ideas (acting more like business angels). World no 1 in long distance calls (before AT&T)
  2. Free access to the Internet is like constitutional right for Estonians.
  3. Lot of functions: sign your contracts or vote in elections or make on-line payments or buy bus ticket.
  4. Online casino developer. Israeli VC started, Las Vegas background. Development in Tartu and Tallinn and India. Management in Israeli. Management desisions not made in Estonia. 300 IT specialists in Est, mainly Java programming and design. 70% annual growth, incl Asia. Licence contracts with online casinos is the business model.
  5. Kaasakiskuvad visioonid ei sünni juhuse läbi ega ka riigiametnike poolt kuulutatuna.
  6. Kasutuselevõtt + oma lahendustesse integreerimine
  7. New technologies tend to follow different trajectories of hype, hope, and despair as they are discovered by different groups of people and finally adopted (or ignored) by consumers. Gartner actually goes ahead and charts this hype cycle for different technologies. Its latest hype cycle for 2008, shown above, is making the rounds. (It was released in July, but is just now reaching the upward trajectory in its own cycle). According to Gartner’s view of the world, the visibility of new technologies peaks early as initial excitement gains steam. This phase is followed by a “trough of disillusionment” in which inflated expectations hit reality. But as technologies prove themselves, their visibility begins to grow again at a more measured pace. Of course, not all technologies go through these phases. Some just drop of the face of the Earth never to be heard from again; some wander around for years and don’t hit their hype cycle until later in life, and some build visibility at a steadier pace. But it is still a useful visual metaphor, especially for high-profile technologies that do exhibit these traits. So where are we in the hype cycle exactly? Some technologies still moving towards the “peak of inflated expectations” include cloud computing, microblogging, and 3-D printing. Public Virtual Worlds, RFID, Web 2.0, and Wikis are troughing. And emerging into the “slope of enlightenment” are Tablet PCs (oh, yeah) and location-aware applications (thank you, iPhone).
  8. Kondratievi lained e tsüklid; oma töös kasutab ka TTÜs õpetav Venezueela professor Carlotta Perez
  9. IKT sektor umbes 1/3 maailma erasektori T&A investeeringutest; bio-farmaatsiatööstus 1/5 ja autotööstus 1/5 Valdav enamus tehnoloogiaid, mis 10 aasta pärast mainstream , täna mingil kujul juba olemas.
  10. Glitch Drops Google Stock Price $200 in Four Minutes, Wiping Out $62 Billion [Oops] from Gizmodo, The Gadget Blog by matt buchanan At probably like the worst time ever for your stock to plummet harder than a meteor on a collision course with Bruce Willis, a glitch knocked $200 off of Google's stock price—that's half—in the span of four minutes as the markets were closing today. $62 billion. Erased. In four minutes. The glitch has been fixed, bringing it back to the correct price of $407, but some trades actually did go through at the bargain basement price. While they'll be repealed, it shows you that it's so crazy out there even computers are going nuts right now. The   May 6, 2010 Flash Crash was a   United States   stock market crash   on May 6, 2010 in which the Dow Jones Industrial Average plunged about 1000 points — or about nine percent — only to recover those losses within minutes.   Temporarily, $1 trillion in market value disappeared.
  11. Glitch Drops Google Stock Price $200 in Four Minutes, Wiping Out $62 Billion [Oops] from Gizmodo, The Gadget Blog by matt buchanan At probably like the worst time ever for your stock to plummet harder than a meteor on a collision course with Bruce Willis, a glitch knocked $200 off of Google's stock price—that's half—in the span of four minutes as the markets were closing today. $62 billion. Erased. In four minutes. The glitch has been fixed, bringing it back to the correct price of $407, but some trades actually did go through at the bargain basement price. While they'll be repealed, it shows you that it's so crazy out there even computers are going nuts right now. The   May 6, 2010 Flash Crash was a   United States   stock market crash   on May 6, 2010 in which the Dow Jones Industrial Average plunged about 1000 points — or about nine percent — only to recover those losses within minutes.   Temporarily, $1 trillion in market value disappeared.
  12. Born global, asutatud 1998 Perpetual beta Google +85 eri teenust Google began as a research project in 1996, Google.com domain went online in 1997 30 million pages indexed in 1998, 1 billion pages indexed in 2000, 8 billion pages indexed in in 2004, 1 Trillion pages indexed in in 2008 It currently runs over 1 million computer servers in data centers around the world Google search handles over 1 billion searches per day, 7.2 billion daily page views, 87.8 billion monthly worldwide searches conducted on Google sites Google’s global search market share is 85% Revenue in 2000 was $19 million, loss of $14 million; In 2009 Google’s revenue was nearly $23 billion, profit was $6.5 billion 97% is the percentage of revenue from advertising Over 19,000 employees, 37% are research staff, 37% are sales staff 45% of Google’s products are currently in Beta The Google Driverless car named the ‘Stanley’ won the DARPA Grand challenge and the $2 million in prize money from the US Department of Defense in 2005