exp innovationThe core digital technology building blocks—computing power, storage, and bandwidth—continue to improve exponentially. Unlike previous technological innovations, the digital juggernaut shows no sign of stabilizing thus leading to a greater level of disruption in industries. The impact is further amplified when technologies coalesce into open platforms and ecosystems; enabling people and technologies to rapidly build on previous waves of innovations. Exponential innovations in digital technologies move across boundaries, combining with completely new categories of technology such as molecular and material science causing disruptions across a range of industries, functions, and disciplines. This ability wherein technological improvement enables innovation, which in turn enables more layers of innovation to be built upon existing innovations, is at the core of exponential innovations.

See: 2013 Shift Index series

 

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