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Technology

The technology industry is composed of companies producing electronic components, scientific and technical instruments, computer hardware and software, and computer services. It is a very fast paced, competitive industry in which innovation is the key to success.

There are 724 members in the gE Network for this industry.



Highly Fragmented
       
Highly Concentrated

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:

  • Income of consumers
  • Increasing customer sophistication
  • Profitibility of business customers
Profitability Drivers:

  • Develop and market new products
  • Gain expertise in a particular field of knowledge
  • Achieve access to capital
  • Create a faster time-to-market process

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  • Moderately automated with high capital intensity
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