Apr 25, 2013
From the Advisory Institute
The 2013 Technology Industry Business Outlook survey, now in its fifth year, reflects emerging perspectives from U.S.-based technology executives about revenue and employment growth, promising applications and platforms, R&D spending and other trends.
- This year, U.S.-based tech industry executives continue to show moderate optimism about revenue growth. As the tech industry road map continues to evolve, the trend in the next two years is for revenue growth to be driven increasingly by markets outside the United States, China and India.
- Challenges such as losing market share due to lower-cost providers and political and regulatory uncertainties ranked as the top threats to tech companies’ business models.
- Increased adoption of cloud and mobile technologies, the rise of new market entrants, global expansion and growing concerns about economic pressures—in almost every market in the world—are creating challenges and opportunities for the tech sector.