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Mobile Solutions, Digital Disruptions & Code Halos Transform Industries

Investors believe that Uber is among a group of mobile app companies capable of disrupting entire industries

Did you read that Uber, the mobile application company, received $1.2 billion in additional VC investment this month? Why would investors be willing to invest so much? Investors believe that Uber is among a group of mobile app companies capable of disrupting entire industries. They are a data driven start-up enabled by mobile devices.

For insight into this innovative and transformative company read their description, "Uber is evolving the way the world moves. By seamlessly connecting riders to drivers through our [mobile] apps, we make cities more accessible, opening up more possibilities for riders and more business for drivers. Now that is an ambitious "About" statement!

Do you know how many taxis Uber maintains? NONE! They are a company using data in innovative ways to make money. Data on drivers, riders, locations, history, payment information, ratings, etc. They collect data (bits and bytes), share it with drivers and riders via mobile devices, and make huge amounts of money.

This is the new world of Code Halos in action. What does Code Halos mean? Code Halos are the information that surrounds people, organizations and devices.

I was particularly interested by the fact that Uber identifies itself as a mobile app company. A company who could not exist without mobile apps, GPS (thank you US government), and wireless connection to the Internet.

Todd Lutwak, Partner at Andreessen Horowitz, the VC firm, says they look for start-ups that reflect their belief that "software eats the world." Software and the convergence of the physical with the digital world (think maps, 3D printing, infrared scanning, digital blueprints, augmented reality, etc.), enables algorithms, Code Halos strategies, machine learning, artificial intelligence, predictive analytics and more. All of which can take a traditional industry and turn it upside down.  The players of tomorrow, are unlikely going to be the traditional players in an industry today, as Lutwak said industry disruptors almost always come from the outside of the industry.

Lutwak also said the cost to start-up a company today is down 100x what it once was due to open source technologies, cloud computing, SaaS business models and globalization.  In addition, the size of potential markets for technology, due to the unstoppable "software eats the world" tsunami, is 50x larger what it once was. Why? Here is an example, AirBnB is turning every person with a spare room or apartment into a entrepreneur that uses technology.  In years past these businesses did not exist. The market for technology has grown exponentially.

**********************************

Kevin Benedict
Writer, Speaker, Editor
Senior Analyst, Digital Transformation, EBA, Center for the Future of Work Cognizant
View my profile on LinkedIn
Learn about mobile strategies at MobileEnterpriseStrategies.com
Follow me on Twitter @krbenedict
Browse the Mobile Solution Directory
Join the Linkedin Group Strategic Enterprise Mobility
Join the Google+ Community Mobile Enterprise Strategies
Recommended Strategy Book Code Halos
Recommended iPad App Code Halos for iPads

***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I am a mobility and digital transformation analyst, consultant and writer. I work with and have worked with many of the companies mentioned in my articles.

More Stories By Kevin Benedict

Kevin Benedict is an opinionated futurist, Principal Analyst at the Center for Digital Intelligence™, C4DIGI.com, emerging technologies analyst, and digital transformation and business strategy consultant. In the past 8 years he has taught workshops for large enterprises and government agencies in 18 different countries, and is a keynote speaker at conferences worldwide. He spent nearly 5 years working as a Senior Analyst at Cognizant (CTSH), and 2 years serving in Cognizant's Center for the Future of Work where he wrote many reports, hundreds of articles, interviewed technology experts, and produced videos on the future of digital technologies and their impact on industries. He has written articles published in The Guardian, wrote the Forward to SAP Press' book titled "Mobilizing Your Enterprise with SAP", published over 3,000 articles and was featured as thought leader and digital strategist in the Department of Defense's IQT intelligence journal. Kevin lectures and leads workshops, teaches and consults with companies and government agencies around the world to help develop digital transformation and business strategies. Visit his website at C4DIGI.com.

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