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.
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.
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
- Technical expertise
- Innovative services
- Effective marketing
From the Blog
We have heard of artificial intelligence from all over the world, and it has been used in various industries. But there are mixed reviews when it comes to the area of music. Many artists have come forward to discuss their opinions on the use of AI in creating music and how it could affect the state of the industry. This can also be an opportunity for companies to further innovate their technologies for efficient and innovative creation, such as their songwriting tools and synthesizers. Whether you are for or against the movement, the important thing is the balance and the measures taken regarding copyright and the way AI is used.
Sleeping is known to be one of the most essential aspects in our lives; yet, many people overlook it. The Centers for Disease Control and Prevention states that more than one in three adults in the U.S. are sleep-deprived, leading to many concerning factors that can affect individuals' health.
- SelectUSA (Date Accessed: 6/1/2017)