Segments

Cloud Computing Services

A relatively new segment, cloud computing is the practice of using a network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer.

Electronic Commerce

Companies in this particular segment design and publish software to conduct business-to-business and business-to-consumer transactions through the Internet and other computer networks.

Entertainment Software

Companies in this segment create video games and other entertainment software. Major products include items such as console software, handheld games, smartphone applications, and personal computer games.

The Technology industry is Highly Concentrated. The production in this industry is dominated by a small amount of large firms that are able to shape the industry’s direction and price levels.


Primary Demand Drivers

  • Rapid technological advances, but spending depends on the health of the domestic economy

Profitability Drivers

  • Technical expertise
  • Innovative services
  • Effective marketing

From the Blog Blog RSS

Video games have been a changing industry as new games are produced yearly, some leading up to innovating the scene. Recently, an article was posted on BBC about how games are beginning to cut down the time it takes to finish the game.

DeepSeek, a Chinese artificial intelligence startup, has shocked Silicon Valley and the global stock market with the launch of its latest AI model. The company’s AI assistant quickly rose to the top of Apple’s App Store, surpassing United States competitors like ChatGPT in just a few days.

Sources

  1. SelectUSA (Date Accessed: 6/1/2017)