IT in the New Reality for Technology
As a sector better described by its sub-sectors, the technology industry continues to experience high-growth as well as diversification in membership. While there is no agreed composition of this industry, hardware, software, semiconductors, networks, and internet are the core of the segment. With the majority of survey respondents reporting a significant acceleration in business transformation powered by technology, many companies in the technology sector experienced a surge in demand for their products and services. The near-universal shift to remote working and new interaction models through digital channels as the only viable means of consumer interaction overnight caused an uptick in network, hardware, cloud solutions and collaboration tools which are now here to stay.