Monday, May 10, 2010

The 7 stages of tech industry development


Geoffrey Moore wrote the bestselling book Crossing the Chasm a few years back now which focused primarily on the specifics of marketing high tech products during the early start up period. It is closely related to the Technology adoption lifecycle where five main segments are recognized; innovators, early adopters, early majority, late majority and laggards.

This post from Eric Norlin on CloudAve gives a different perspective on the stages of development in the tech industry. In this case using the evolution of Cloud Computing as the example.

The 7 stages of tech industry development

His summary:

What does that mean for the “cloud computing” industry? That there’s probably 4 years of REALLY explosive growth ahead of it, followed by 2-ish years of steady profitable stuff.