The Growth Drivers in Tech Industry

The Growth Drivers in Tech Industry Who is still the Leader? Mobile is, not surprisingly, the biggest growth driver at 27% expected revenue growth over last 2 years The Internet of Things also made an appearance, with Digital Media/Advertising video platforms was 13% expected Growth tied at 16% Shared economy and security tech growth Data & analytics The Growth Drivers in Tech Industry was 19% was tied at 14% Cloud and Social/ Healthcare IT, Devices collaboration/ Messaging/ and Apps was at 22% platforms was expected 15% What are the Traits? Fast-paced and hyper-competitive, the global high-tech industry is characterized by groundbreaking product innovations and rapid-fire market launches. 2015 and Beyond Growth has been projected at 4.1% in 2015 and 6.3% in 2016 purchases of computer and communications equipment, software, and tech consulting and outsourcing services. What will drive the Growth? 62% of the firms are investing in digital technologies, and 35% are comprehensively investing in digital as part of their overall business strategy. References: http://www.businessinsider.in/Heres-what-tech-industry-execs-are-most-excited-about/articleshow/48534917.cms http://www.statista.com/chart/3733/growth-drivers-in-the-tech-industry! O www.orchestrate.com ORCHESTRATE | [email protected] Solutions for higher performance! e Toll Free: 800-232-5130