The Responsive Enterprise: Embracing the Hacker Way

Erik Meijer, Vikram Kapoor
2014 Queue  
Facebook, founded in 2004 , is in the top 20 of the most valuable companies in the S&P 500, putting the 10-year-old software company in the same league as IBM, Oracle, and Coca-Cola. 3 Of the top five fastest-growing companies with regard to market capitalization in 2014 (table 1 ), three are software companies: Apple, Google, and Microsoft (in fact, one could argue that Intel is also driven by software, making it four out of five). Hot and upcoming companies such as Über, Tesla, and Airbnb,
more » ... ch are disrupting the traditional taxi, car, and hotel markets, respectively, are also all fundamentally software companies. Conversely, the bottom five companies, which lost market capitalization in the first half of 2014 (table 2 ), are mostly traditional enterprises in business for decades.
doi:10.1145/2685690.2685692 fatcat:32ojfwxdorajlnpyci7fo5tt3u