Industries
Technology Industry
Also Known As Tech Industry
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The technology industry comprises companies engaged in the manufacturing, research, development and support of technology-intensive products and services, spanning computing, telecommunications and consumer electronics alongside digital electronics, software and internet-based services such as cloud storage and e-commerce. The sector is characterized by rapid innovation cycles and heavy investment in research and development.
Facts
Cross-Tradition Connections
Associated With
Technology districts formed specifically around clusters of tech startups (entrepreneurial ventures by definition) opening alongside established tech companies; the industry's own account of its geography names startup formation as a driver.
Freemium is one of the dominant monetization models for consumer software and mobile apps, and the source article dates the practice in the software industry specifically to the 1980s, well before the term itself was coined in 2006.
The seminal academic research on bundling economics, cited by the source article, found the strategy particularly effective for digital information goods, the technology industry's own product category, because of their near-zero marginal cost.
SaaS is a cloud computing service model, placing it within the technology industry.
The source article names software packages and consumer electronics among the mass-produced generic products most often white-labeled.
Companies In Industry
Contains
Sources
1. Wikipedia, Technology Company
WikipediaLead sectionQuote, Lead section
A technology company, or tech company, is a company that focuses primarily on the manufacturing, support, research and development of most commonly computing, telecommunication and consumer electronics based technology-intensive products and services, which include businesses relating to digital electronics, software, optics, new energy, and Internet-related services such as cloud storage and e-commerce services.
1. Wikipedia, Technology Company
WikipediaAssociated With: Entrepreneurship, Details sectionQuote, Associated With: Entrepreneurship, Details section
As a result of numerous influential tech companies and tech startups opening offices in proximity to one another, a number of technology districts have developed in various areas across the globe.
Wikipedia, Software as a Service
WikipediaAssociated With: Software as a Service (SaaS), Lead sectionQuote, Associated With: Software as a Service (SaaS), Lead section
Software as a service (SaaS) is a cloud computing service model in which a provider delivers application software to clients while managing the required physical and software resources.
Wikipedia, Microsoft
Wikipedia, Microsoft
WikipediaAssociated With: Microsoft Antitrust Case, Lead sectionView the Source Wikipedia, Apple Inc.
Wikipedia, Apple Inc.
WikipediaAssociated With: Apple Inc. Initial Public Offering, Lead sectionView the Source Wikipedia, JetBrains
Wikipedia, Google
Wikipedia, Google
WikipediaAssociated With: Google Initial Public Offering, Lead sectionView the Source Wikipedia, Amazon (company)
Wikipedia, Amazon (company)
WikipediaAssociated With: Amazon Initial Public Offering, Lead sectionView the Source Wikipedia, IBM
Wikipedia, IBM
Wikipedia, Business Process Outsourcing
WikipediaAssociated With: Business Process Outsourcing, Types of BPOQuote, Associated With: Business Process Outsourcing, Types of BPO
information technology-based, referred to as ITES (Information Technology Enabled Service)
Wikipedia, Freemium
WikipediaAssociated With: Freemium, Lead sectionQuote, Associated With: Freemium, Lead section
This business model has been used in the software industry since the 1980s
Wikipedia, Product Bundling
WikipediaAssociated With: Product Bundling, Theoretical background sectionQuote, Associated With: Product Bundling, Theoretical background section
Research by Yannis Bakos and Erik Brynjolfsson found that bundling was particularly effective for digital information goods with close to zero marginal cost.
Wikipedia, White-Label Product
WikipediaAssociated With: White-Label Manufacturing, Common use sectionQuote, Associated With: White-Label Manufacturing, Common use section
White label production is often used for mass-produced generic products including electronics, consumer products and software packages such as DVD players, televisions, and web applications.
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