Beyond the Silicon Valley app: Many of tech's best new ideas are not coming from California

  • 📰 CNBC
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

As the most-hyped Silicon Valley IPOs like Uber and Lyft stumble out of the gates, the app economy fueled by billions in venture capital is looking vulnerable. And many of the best new ideas in tech are not coming from California.

As those past Disruptors, which are defined by their use of smartphones and the cloud, become public giants, we're seeing a handful of new technologies drive change, led by machine learning and artificial intelligence, both leveraged by well over half of this year's list.

As incumbents embrace technologies themselves, we're seeing these start-ups adapt more quickly than ever to the quickly-shifting landscape and add new businesses to diversify their revenue streams.We asked the companies that made the list to share which technologies are core to their business. Machine Learning was the most popular, with 36 companies pointing to its crucial role. Artificial intelligence came in second, with 29 companies naming it as key to their business, followed by cloud computing with 14 companies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines