"App Economy" creates jobs

| Print |  Email
Must Reads
Wednesday, February 08, 2012

The growing "App Economy" created 466,000 jobs in the last five years, according to a new report by TechNet.

 

"Every major consumer-facing company, and many business-facing companies, has discovered that they need an app to be the public face of the business," writes Michael Mandel, the former chief economist of Business Week who authored the report. "In some sense, that makes the App Economy the construction sector of the 21st century, building a new front door to everyone’s house and in some cases constructing a whole new house."
The report describes the App Economy as a collection of interlocking ecosystems that consists of a core company, which creates and maintains a platform and an app marketplace (Amazon, Google, Blackberry, Windows), plus small and large companies that produce apps and/or mobile devices for that platform. The report notes that companies can belong to many ecosystems and often does. 
What's pretty crazy to think about is that this economy didn't exist until 2007 when the iPhone first made its debut.

Read more at The Los Angeles Times.

{biztweet}app economy{/biztweet}

 

 

More Articles

Oregon businesses face destruction from future earthquake

The Latest
Wednesday, May 20, 2015
htctthumb1BY KIM MOORE | RESEARCH EDITOR

An earthquake would completely destroy many Oregon businesses, highlighting the urgent need for the private and public sectors to collaborate on shoring up disaster preparedness, said panelists at an Oregon Business breakfast summit today.


Read more...

Modern design defines new Portland indoor market

The Latest
Thursday, June 25, 2015
thumbSnøhetta JBPM exterior www mir noBY KIM MOORE | RESEARCH EDITOR

An international architecture firm known for its design of the National September 11 Memorial Museum Pavilion in New York unveiled its plan this week for a modern indoor/outdoor food market at the foot of the Morrison Bridge in downtown Portland.


Read more...

Efficiency Boost

June 2015
Friday, May 22, 2015
BY JOE CORTRIGHT

How conservation stimulates the local economy.


Read more...

Change at the pump?

The Latest
Tuesday, May 26, 2015
001thumbBY JASON E. KAPLAN | STAFF PHOTOGRAPHER

New Jersey and Oregon are the only two states in the U.S. that ban self serve gas stations. But these two holdouts may be ready to give up the game. New Jersey is considering legislation that would lift the state's ban on pumping your own gas. Oregon is considering smaller scale changes.


Read more...

Queen of Resilience

June 2015
Friday, May 22, 2015
BY AMY MILSHTEIN

Astrid Scholz scales up sustainability.


Read more...

Credit Unions Perspective

June 2015
Tuesday, May 26, 2015
BY KIM MOORE

A conversation with Gene Pelham, CEO of Rogue Credit Union.


Read more...

5 stats about Oregon fireworks

The Latest
Thursday, June 18, 2015
fireworksthumb001BY JACOB PALMER | DIGITAL NEWS EDITOR

Fireworks are a booming industry, even if the pyrotechnics have turned July 4th into a day fire marshals, and many residents, love to hate.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS