2018 Will Be The Year That Big, Incumbent Companies Take On Big Tech

The Economist: Business, The Economist
Wed, 01/03/2018 - 9:14am

ACCORDING to Ginni Rometty, IBM’s boss, the digital revolution has two phases. In the first, Silicon Valley firms make all the running as they create new markets and eviscerate weak firms in sleepy industries. This has been the story until now. Tech firms have captured 42% of the rise in the value of America’s stockmarket since 2014 as investors forecast they will win an ever-bigger share of corporate profits.

Topics: ginni rometty ibm s silicon valley america s amazoned ms rometty incumbent big tech firms digital industries create

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2018 Will Be The Year That Big, Incumbent Companies Take On Big Tech

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