Tech firms disrupt world economies

Tech firms disrupt world economies

Ongoing innovations paint a clear picture of what to expect

By KEN MACHARIA

It’s no longer business as usual as the world becomes more connected via the Internet. Social media, apps, digital media and connected devices make the world a global village, in the process altering life as we know it. Since Microsoft became synonymous with computing in the 90’s, we have progressively seen tech companies rise to the top of the ‘most valuable’ companies in the world. For example, six of the 10 world’s most valuable brands are tech companies, according to the Forbes 2015 ranking. Thanks to bold, often lean and innovative start-ups, the business world is now experiencing disruption, which can only be compared to the industrial revolution. Old business models are being challenged, traditional channels are turning obsolete and service delivery is redefined. We look at five tech companies disrupting conventional business across the world, including Kenya.

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