Software Powered Innovation – what does it really mean?

At BootstrapLabs we invest in the best entrepreneurs from all over the world with a focus on Software Powered Innovation or “Software will Eat the world” – as we see a huge opportunity for disruption and value creation when software and data meet in an innovative way that can change the world as we know it.

“Essentially every process will be virtualized by software and driven by data, even the wearable device and hardware 2.0 revolutions that are happening now are powered by commodity hardware, generic components (or “virtualized”) that innovators are using to quickly build and iterate on to develop game changing ways to apply technology”.

This can sometimes be very complex to explain, especially when you live and breathe the idea that software is the main innovation driver for almost everything on this planet, but somebody clever made this very visual video  showing how our physical desks have been transformed from hardware to software over the past 30 years. The most amazing thing is that most of these changes only happened in the last 5-10 years:

 

 

Simple but telling and credit to Marc Andreessen, that coined the term of Software will eat the world.

Happy New Year!