According to the technology and data company Crunchbase, an astounding $825 million in venture capital investment has flowed into legal and legal-tech sectors just since the start of 2018.What do you think about when you hear the terms “disruption” and “technological innovation?” What industries and sectors come to mind?
Autonomous cars, cloud computing, artificial intelligence, genetic testing, cryptocurrencies and various other technologies likely populate the top of your list.
However, if you strictly limit your perception of innovation to these flashy concepts, you could be missing out on transformational booms that are happening across industries that wouldn’t be categorized as cutting edge.
Because of significant injections of investment capital and a traunch of fresh ideas, new companies and opportunities are arising in traditional fields that may challenge your perception about which markets are hot versus which are not.
Continue reading… “Five traditional industries on the verge of an innovation boom”