On the rise to regain market position
In their high-stakes quest for leadership, technology companies are constantly jockeying for market position, breaking new ground in their product and service offerings, forging novel alliances - often with former competitors - and purchasing new capabilities through mergers, acquisitions and joint ventures. Technology virtually defines the dimensions of the emerging business, economic, and social landscape.
High tech organizations have experienced significant challenges in recent years with dramatic increases in unemployment due to cost cutting, lost investments from the dot.com fallout, and flat-lined revenue after the boom in the late 90’s. High tech stocks are still volatile.
However, with the new innovations and spikes in medical/pharmaceutical technology, mobile devices, virtual security applications, and consumers’ addiction to their laptops, iPods, and cell phones, we will continue to see recovery in technology investments and increased demand for technology products due to the speed of new product development.
Capgemini represents 90% of the largest Original Equipment Manufacturers (OEMs) and suppliers in the high tech industry, helping them to reach leadership positions in this highly competitive market.