Readwrite reports on how Moore’s Law of doubling processing performance every year by shrinking transistors and packing more onto chips, is coming to an end for the desktop era.
More recently, however, the economics of shrinking transistors has become cost-prohibitive.
However, demands on mobile devices and mobile applications continue to fuel innovations in the mobile sector.
mobile, by contrast, the market is booming and the need for more on-device processing power is sprinting to keep pace with software (and cloud) innovation.
Finally, cloud-based software (eg. SaaS) is also getting more and more sophisticated, and also continues to drive demand for faster, and more power efficient mobile devices.
The price of software applications has plummeted, while the functionality and quality has grown exponentially.
In a nutshell, we’re walking toward the precipice of the next technological leap in the form of mobile internet innovation.