Technology Company
A Technology Company is a business entity that develops technology products and technology services (that support digital solutions).
- AKA: Tech Company, Tech Firm, Digital Enterprise.
- Context:
- It can (typically) develop Digital Products through research and development.
- It can (typically) provide Technical Services through specialized platforms.
- It can (typically) deliver Technology Solutions through digital infrastructure.
- It can (often) support Enterprise Clients through business solutions.
- It can (often) serve Consumer Markets through digital services.
- It can (often) drive Technical Innovation through research investment.
- It can range from being a Small-Sized Technology Company to being a Medium-Sized Technology Company to being a Large-Sized Technology Company, depending on its company size.
- It can range from being a Technology Startup to being a Mature Technology Company, depending on its company maturity.
- It can range from being a Single Product Company to being a Multi-Product Technology Enterprise, depending on its product portfolio.
- It can range from being a Regional Tech Company to being a Global Technology Corporation, depending on its market reach.
- ...
- Examples:
- Major Technology Corporations, such as:
- American Tech Giants, such as:
- Microsoft (2024) for enterprise software.
- Apple Corp. (2024) for consumer electronics.
- Amazon Corp. (2024) for cloud computing.
- Asian Tech Leaders, such as:
- American Tech Giants, such as:
- Specialized Tech Companys, such as:
- Market Focus Companys, such as:
- Technology Districts, such as:
- ...
- Major Technology Corporations, such as:
- Counter-Examples:
- Traditional Service Companys, which lack technology focus.
- Manufacturing Companys, which primarily produce physical products without digital components.
- Consulting Firms, which provide advisory services rather than technology solutions.
- Retail Businesss, which distribute rather than develop technology.
- See: High-Tech Company, Digital Enterprise, Software Company, Hardware Manufacturer, Cloud Service Provider, E-commerce Platform, Internet Company, Technology Startup.
References
2024
- (Wikipedia, 2024) ⇒ https://en.wikipedia.org/wiki/Technology_company Retrieved:2024-3-13.
- 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, [1] which include businesses relating to digital electronics, software, optics, new energy and internet-related services such as cloud storage and e-commerce services.
2020
- (Wikipedia, 2020) ⇒ https://en.wikipedia.org/wiki/technology_company Retrieved:2020-6-4.
- A technology company (often tech company) is a type of business entity that focuses mainly on the development and manufacturing of technology products or providing technology as a service.
"Technology", in this context, has come to mean primarily electronics-based technology. This can include, for example, business relating to digital electronics, software, and internet-related services, such as e-commerce services. Apple Inc., Samsung, Amazon.com, Inc., Hon Hai Precision Industry, Alphabet Inc., Microsoft, Huawei, Dell Technologies, Hitachi, and IBM are the ten largest by revenue technology companies. Apple Inc., Samsung, Alphabet Inc., Facebook, Intel, Microsoft, and Alibaba are the seven largest and most profitable technology companies. Apple Inc., Alphabet Inc., Facebook, Microsoft, and Amazon.com, Inc. are often referred to as the Big Five (technology companies) multinational technology companies based in the United States. These five technology companies dominate major functions, e-commerce channels, and information of the entire Internet ecosystem. As of 2017, the Big Five have a combined valuation of over $3.3 trillion, and make up more than 40 percent of the value of the Nasdaq 100 index. Many large tech companies have a reputation for innovation, spending large sums of money annually on research and development. According to PwC's 2017 Global Innovation 1000 ranking, tech companies made up nine of the 20 most innovative companies in the world, with the top R&D spender (as measured by expenditure) being Amazon, followed by Alphabet Inc., and then Intel. As a result of numerous influential tech companies and tech startups opening offices in close proximity to one another, a number of technology districts have developed in various areas across the globe. These include: Silicon Valley in the San Francisco Bay Area, Silicon Docks in Dublin, Silicon Hills in Austin, Tech City in London; Digital Media City in Seoul, Zhongguancun in Beijing and International Tech Park in Bangalore.
Information-technology (IT) companies and high-tech companies comprise subsets of the set of technology companies.
- A technology company (often tech company) is a type of business entity that focuses mainly on the development and manufacturing of technology products or providing technology as a service.
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