New York boasts of being a technology hub for the world, for better or worse. This city has been at the forefront of technological advances that have shaped everything from music to retail and spawned countless technological innovations. Below are five big technology titans from New York.
Amazon
Starting as an online bookstore, Amazon has grown into the world’s largest internet retailer. Their most significant product categories include books, movies, music, computer software, and video games. In addition to the vast range of products they sell directly to consumers, Amazon is also the world’s largest provider of cloud infrastructure services (AWS), making them a significant player in the technology industry.
Facebook started as a college networking site but has grown into the world’s largest social network and online community. The site allows users to upload and view photos, videos, and other media, browse friends’ profiles, post status updates and interact with other members before and after users create accounts. The company became extremely popular among college students in the early 2000s and had more than 1 billion monthly users.
Google started as a search engine in 1998 but has become one of the most potent sources of information on the internet. Google is responsible for more than 60 percent of all internet searches and got credited with starting the era of self-service web applications. They invented and still hold patents, including the algorithm that powers Google’s search function. They later developed new concepts like social media, mobile operating systems, and Chrome OS.
HubSpot
HubSpot got founded in 2006 to provide marketing software for small businesses. With a focus on customer relationship management, HubSpot offers marketing and sales automation tools and a venue to manage affiliate marketing. The company was relatively successful in its early days but continued to struggle in recent years with low revenues.
Tumblr
Founded in 2007 by a recent high school graduate, this blogging platform’s popularity exploded in the mid-2000s with the rise of social media. The platform allows users to create and run blogs on their website or Tumblr’s site. Users can customize their blogs with various themes and functionality and share content with other members through re-blogging. Many popular blogs are transmitted through social media sites like Twitter and Facebook, allowing them to reach a larger audience.
Bottom Line
Technology in New York City is vital to the city’s bustling economy. As a massive hub of commerce, the technology sector is critical to the overall success of New York City, and the city benefits from the profits produced by these companies. These aren’t the only essential players in technology to the town, but they are just the tip of the iceberg.
Dil Bole Oberoi
