We recently reported on what business analysts consider the second dot-com era, with venture capitalists again warming up to the idea of signing up technology-oriented businessmen and entrepreneurs with good ideas. While it seems that VCs should have grown more risk-averse after the bursting of the tech bubble in the late 1990’s, they’re gambling once more on tech.

However, this new craze for tech investments may have a solid foundation after all. The Internet has been said to have matured in less than a decade after the tech industry’s downfall. A larger percentage of the population is online, and more than half are on broadband access, particularly in the developed world.

The fact that the Internet is more stable and standardized makes delivery of products and services easier than ever. People are no longer wary about going online to transact and seek information. And consumers have grown comfortable in spending their money online.

Technology is beneficial in the growth of small and medium enterprises. Technology cuts costs and improves productivity and efficiency. Company formation and business solutions experts are hence optimistic about this upturn in the I.T. industry.

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