The Definition of Tech

While popular culture often portrays tech innovators as dorm-room geeks who work in garages, the reality is that it’s not that simple. The iPhone wasn’t invented by a lone genius, but by the efforts of countless other people. As such, the definition of ‘tech’ is more complicated than it looks. Technology can affect business operations, streamline processes, host databases, and more. The main categories within the tech industry include hardware, software, and semiconductors.

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While the focus of tech industry is innovation, growth, and creation, it’s also important to remember that there are many different types of tech companies. There are the Big Five, or the most prominent and influential companies, which are based in the US: Alphabet (Google), Apple, Facebook, and Amazon. While these companies dominate a variety of industries, there are literally hundreds of thousands of other companies that are making waves and competing with the Big Five.

The tech industry is a hotbed for creativity and innovation. Among the top five companies in the US are Alphabet (Google), Apple, Amazon, Facebook, and Microsoft. However, hundreds of thousands of smaller companies are also making waves in their areas of expertise. As a result, it’s important to engage with communities and understand their needs and wants before you decide to invest in a particular tech company. If you’re interested in a career in tech, make sure to keep an open mind about the future and seek out companies with long-term growth prospects.