The document outlines 5 important technology trends for 2011: 1. Increased cloud computing providing more computing power at lower costs. 2. Growing mobility and location-based functionality through social media. 3. The increasing socialization of the web through various "Eras" of social interaction and commerce. 4. The rise of specialized, inexpensive app functionality. 5. Digitization leading to virtual representations of physical experiences and consumption of smaller, frequent content.