As COVID-19 continues to spread around the world, research organizations are trying to leverage wearable technology and crowd-source data to aid in the fight against the global pandemic. But many are wondering if giving up on user privacy for the greater good comes with a price. Tracking COVID-19 Current data indicates that the use of wearables has tripled ... READ MORE >
Tech, Media and Telecom
IT firms comprise the fastest-growing U.S. industry, with more than double the average growth of all other sectors. From software developers to new gig economy platforms, the middle market is an active participant in this exciting space.
Despite COVID-19, TV broadcasting has potential to finish 2020 strong
Strong revenues are becoming more of an anomaly in 2020, given disruptions across all industries as the coronavirus (COVID-19) pandemic continues to unfold. Yet despite the competitive landscape, local television stations and broadcasting networks in the United States continue to position themselves for a strong 2020, with projected revenues of $37 billion. ... READ MORE >
Coronavirus and the global technology supply chain
To understand why the coronavirus has had such a profound impact on global supply chains and the world economy, look no further than how reliant technology companies have become on Chinese manufacturers. Nearly 20 years ago, during the SARS epidemic, China’s economy was much different and less interconnected to the world economy, supplying mainly ... READ MORE >
The new tech economy is all about location, location, location
Economic output in the United States is increasingly revealing a geographic divide, with a greater share of gross domestic product being concentrated in the nation’s largest metropolitan areas. In 2018, 31 counties generated 32% of U.S. gross domestic output, according to a report in Bloomberg based on data from the Bureau of Economic Analysis. The ... READ MORE >
Coronavirus epidemic threatens technology global supply chain
Coronavirus deaths continue to rise Recently, we’ve seen significant volatility within the global market as investors continue to weigh the overall impact of the coronavirus (2019-nCoV). While a vaccine from drugmaker Gilead Sciences Inc. brings a glimmer of hope in finding a cure, the virus continues to spread rapidly throughout China, primarily ... READ MORE >
Private equity looks for recession-proof deals
These are flush times for American private equity funds. Through November, they have raised more capital than any other fiscal year. But a good portion of that cash has not been put to use – yet. One reason is that many takeover targets have simply become too expensive, a dynamic reflected in the drop in deal activity for 2019. According to RSM Bloomberg, ... READ MORE >
How senior housing developers can respond to sagging demand
Developers eager to fill the demand for senior housing created by an aging U.S. population are facing a new and unexpected challenge in the form of rapidly advancing technologies that allow seniors to stay in their homes longer. It’s called “aging in place,” and a host of disruptors have set their sights on this growing market as a participants across ... READ MORE >
Retransmission fees give lift to TV broadcast revenue as advertising declines
It may come as no surprise that advertising revenue for broadcast television has been declining for the past decade as on-demand streaming options such as Netflix and Amazon Prime have proliferated. According to second-quarter 2019 Nielsen data, traditional television viewing among 18- to 24-year-olds fell more than 50% from five years ago to a weekly ... READ MORE >
Latest moves in trade conflict hit U.S. tech industry hard
Early this month, the administration announced plans for fresh tariffs of 10% on an additional $300 billion in Chinese goods, effective Sept. 1; China responded by announcing a freeze on U.S. agricultural products, and allowing its currency, the yuan, to drop to its lowest level in a decade. Late last week, the president delayed implementation on some of the ... READ MORE >
Lessons for software companies from the Great Recession
Software companies operating in the latter part of the business cycle must consider the implications of a potential recession on their business. It’s worth noting that during the Great Recession, some software companies endured and even thrived. A decade later, the industry can learn from these businesses how to prepare for another economic downturn. SaaS ... READ MORE >