The Tech and Software Sector is Close to Eating the World

0 %
100 %
Information about The Tech and Software Sector is Close to Eating the World
Education

Published on January 29, 2014

Author: ZiadAbdelnour1

Source: slideshare.net

Description

Being both an oil trader and financier and tech investor, I am frequently asked about my general views on the oil and tech sectors at large given the ever changing financial and political disturbances out there.

Well for a start, you might think that tech is today in a bubble as a company whose sole product is a photo sharing app in which the pictures get deleted after they are shared just turned down $3 billion.

Oil and Technology What Makes the World Go Round Being both an oil trader and financier and tech investor, I am frequently asked about my general views on the oil and tech sectors at large given the ever changing financial and political disturbances out there. Well for a start, you might think that tech is today in a bubble as a company whose sole product is a photo sharing app in which the pictures get deleted after they are shared just turned down $3 billion. Maybe.... But the reality is that even if there is a bubble in the making there are really no consequences. Unlike the late 90s, technology is now established. If one company blows up, other entrepreneurs will start a new one or join someone else. So If you really think about it, the cost of failure has never been so low, ever. By the same token, and for the sake of argument, I don't think that the tech and software sector is even close to eating the world.

Take a look at the Fortune 500 2013 - Fortune on CNNMoney.com. There are hardly any software companies on there. Google is #55 with a $52.2B in annual revenue. Facebook is barely hanging on at #482 with $5.1B in revenue. The largest electronics company is Apple at #6 with $156.5B in revenue. The second largest is Hewlett-Packard at #15 with $120.4B. Read More: Oil and Technology What Makes the World Go Round Thank you Ziad K Abdelnour

Add a comment

Related presentations

Related pages

Mobile Is Eating the World – Andreessen Horowitz

Software Is Eating the World. Home; Advice & How To; Tech Topics; Podcasts; About; Portfolio; ... In other words, technology is now outgrowing the tech ...
Read more

Software Eats the Nonprofit World - Non Profit News For ...

Software Eats the Nonprofit World ... “software is eating the world. ... In her view—a common one among our tech titans—the nonprofit sector today is ...
Read more

Instec-corp | Software is Eating the World and Insurance ...

Software is Eating the World and Insurance is on ... as investors try to get themselves closer to the customer ... Tech-enabled disruption in other ...
Read more

IT Industry in India, Indian Information Technology, ITeS ...

IT & ITeS industry in India ... businesses in the world and home to over 3,100 tech ... software and hardware sector in India attracted ...
Read more

Why South Korea Will Be The Next Global Hub For Tech ...

Other countries have made their mark on the world stage, competing to be prominent tech and ... eating massive amounts of ... FORBES. Miami's ...
Read more

The Best Industries for Starting a Business | Inc.com

Our annual look at the best industries for starting a business is based on a range of research, ... Closer to earth, ... The world is going mobile, ...
Read more

We are the 8%’ – Why tech companies matter to the UK ...

FTSE 100 companies and the public sector are failing to take advantage of the transformative potential of the internet economy, which now represents more ...
Read more

NASDAQ – Sectoring by Industry Groups

Home > Markets > Sectoring by Industry Groups ... What Sector is your favorite stock in? ... CLOSE X Please confirm your ...
Read more

Technology news, features and analysis from Guardian US ...

... comment and analysis from the Guardian, the world's leading liberal voice. Close. Skip to main ... While some applaud new tech to monitor a baby’s ...
Read more

Techworld - Latest UK Technology News, Blogs, Reviews ...

Techworld. Trending: Dell software chief: why hardware is no longer enough. Features. All Features; News; ... how the tech sector is helping.
Read more