Technology company

Source: Wikipedia, the free encyclopedia.

A technology company (or tech company) is a

new energy and internet-related services such as cloud storage and e-commerce services.[3][4][2]

Details

According to

Amazon has higher revenue than Apple, but is classified by Fortune in the retail sector.[6] The most profitable listed in 2020 are Apple Inc., Microsoft, Alphabet Inc., Intel, Meta Platforms, Samsung, and Tencent.[5]

Apple Inc., Alphabet Inc. (owner of

Big Five 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 had a combined valuation of over $3.3 trillion and make up more than 40 percent of the value of the Nasdaq-100 index.[7]

Many large tech companies have a reputation for innovation, spending large sums of money annually on

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.[8]

As a result of numerous influential tech companies and tech

.

See also

References

  1. ^ "Technology businesses definition". Law Insider. Retrieved 2023-01-05.
  2. ^ a b Yessi Bello Perez (17 February 2017). "What makes a company a tech company?". UKTN. Retrieved 9 July 2018. 'People don't think of something as technological unless it has a switch or a screen.'
  3. ^ Marli Guzzettpa (28 April 2016). "Why Even a Salad Chain Wants to Call Itself a Tech Company". Inc. Magazine. Retrieved 9 July 2018.
  4. ^ Catherine Heath (1 November 2017). "What is a 'tech company', anyway?". Tech Nation. Retrieved 9 July 2018.
  5. ^
    Fortune
    . Retrieved 31 October 2020.
  6. Fortune
    . Retrieved 31 October 2020.
  7. ^ "The 'Big Five' Could Destroy the Tech Ecosystem". Bloomberg. 15 November 2017.
  8. ^ "Tech companies dominate as the most innovative in the world". BusinessTech. 28 October 2017. Retrieved 9 July 2018.
  9. ^ Kit Eaton (24 July 2012). "The Silicon Valleys Of The World: The European Edition". Fast Company. Retrieved 9 July 2018.