Technological Analysis of IT Sector:
- Government research spending-the government itself has set up research centers and promotes firms that go into research of technology.
- Industry focus on technological effort
- New inventions and development-everyday a new technology or a certain deviation is being invented. The IT industry is a very fast paced and ever changing
- Rate of technology transfer-The rate of technology transfer is very fast in the IT sector. Usually companies import the technology to enhance their position in the global market.
- Life cycle and speed of technological obsolescence-Technological obsolescence is very fast in the IT sector. Usually the life cycle of an employee is just as much as the technology that he specializes in.
- Energy use and costs
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