As the upstart has matured into a powerful industry giant, the suggestion that "Google is the new Microsoft" has become commonplace in computing circles.

作为计算机世界的后起之秀，Google已经向成熟的工业巨人迈进，实力超群。在业内，对于“Google将成为下一个微软”的提议已经是耳熟能详的了。

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But as the corporate computing industry has matured, the situation has radically shifted.

但随着企业计算业的成熟，形势已发生了根本的改变。

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As the industry matured, an end-to-end ecosystem evolved whereby not only the producers but also the service providers were able to share the revenue from broadcast video.

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Later still, as the industry matured, the skills that counted moved back somewhat from science (where they had rested for a time) to engineering, as growth and profits came to depend less on product innovation and more on process ingenuity.

ECONOMIST: The chemistry of growth

In technology, private-equity interest has grown as the industry has matured, and cash-flow and profitability have become more predictable.

ECONOMIST: Private equity and technology