How Mobile Is Digitizing Everything

In the following video, Michael Saylor, CEO and founder of MicroStrategy (Nasdaq: MSTR) and author of The Mobile Wave, sits down with Motley Fool technology analyst Eric Bleeker to discuss tech, business, and social trends as they relate to investors today. Understanding paradigm shifts such as those discussed here are a cornerstone of Motley Fool superinvestor David Gardner's own investing strategy and are critical to his market thrashing returns. Learn more about how he discovers his winners -- just click here now to read more.

Michael Saylor: The Internet wave was the fourth wave of computing. It was really, at its height, 350 to 400 million people on desktop PCs running Web API-based software three hours a day, five days a week. They're between the ages of 20 and 45, they're white collar workers.

It was a fairly constrained phenomenon. It was software affecting less than 5% of the civilization. A lot of institutions didn't get obliterated; we didn't obliterate books and movies and television. [Amazon.com] was an alternative to catalog retailing, but Wal-Mart and Best Buy weren't afraid of Amazon, and we still had Camelot Records.

The mobile way was going to be fundamentally different, because 10 times as many people were going to use the software. Instead of less than 500 million, you're talking about 5 billion people that are going to touch software running on a smartphone.

Instead of 15 hours a week, it's 150 hours a week. People sleep with the software on their phone. Instead of software -- if you've ever used Google Maps on a Web browser or Google Maps on an iPad, it's pretty obvious software running on the iOS or even an Android is 10 times easier to use, or more powerful.

You have three dimensions where you've got an order of magnitude improvement, so I started thinking, "What's the impact of software which is 10 to 100 to 1,000 times better, more ubiquitous, than the fourth wave of computing?"

My conclusion was, it was going to dematerialize half of the civilization's economy; half of everything that we have in the world is about to become software. More than half the products, but a lot of business processes and civil processes and government processes, like getting a prescription, or writing a traffic ticket, or taking homeroom attendance, or merchandising, or point of sale, or money transfer.

These are all about to become software.


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2174179, ~/Articles/ArticleHandler.aspx, 9/16/2014 6:01:20 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 17,131.97 100.83 0.59%
S&P 500 1,998.98 14.85 0.75%
NASD 4,552.76 33.86 0.75%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/16/2014 3:59 PM
AMZN $327.76 Up +3.87 +1.19%
Amazon.com CAPS Rating: ***
BBY $34.80 Up +0.79 +2.32%
Best Buy CAPS Rating: *
GOOGL $588.78 Up +7.14 +1.23%
Google (A shares) CAPS Rating: ****
MSTR $139.01 Up +2.35 +1.72%
MicroStrategy CAPS Rating: **
WMT $76.32 Up +0.51 +0.67%
Wal-Mart Stores CAPS Rating: ***

Advertisement