Nearly 60 years ago, Gordon Moore, the co-founder of Intel, coined “Moore’s Law,” a prediction that would set the pace for the digital revolution. The law stated that computing abilities, over time, would radically increase in power while decreasing in relative cost, all at an exponential rate. Related: Survey Finds Marketers Know All the Important Tech Trends But Aren’t Prepared for Any of Them

This insight, along with the hard work of many computer scientists and engineers, has fueled the rapid growth of the technology sector. The industry has quickly become a staple component of our modern economy. The five biggest technology companies (Apple, Alphabet, Facebook, Amazon and Microsoft) together made up a whopping 37 percent of the S&P 500’s total gains in 2017. Federal investments in the digital sector could reach up to $95 billion in the coming year. And, internationally, the public will spend up to $3.4 trillion on digital services by 2020. Consumers and enterprises have a lot of potential to look forward to, as frontier technologies finally become affordable enough to service the mass markets. Read more here…

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