The report below gives a good overview of the Summer 2021 M&A activity in the Technology, Media and Telecom Industry Sector. The COVID-19 pandemic has led to the increase in demand for a variety of technological solutions. Ecommerce, videoconferencing, electronic signature, collaboration, and cloud-based applications, which had a strong revenue growth in 2020, will continue to grow in 2021 at a normal pace. In 2021, it is expected that the technology businesses would upgrade their supply chains to improve transparency and resiliency. The technology companies would enhance its digital transformation through cloud, everything-as-a-service (XaaS), and edge intelligence. It will also pursue strategic acquisitions to boost its technology and talent capabilities. Technology companies must develop solutions to address vulnerabilities like supply networks complexity, while being environment friendly and flexible to deal with a volatile geopolitical environment. In addition to that, the most pressing risk for the technology industry is data security and privacy. Companies should tackle various regulatory and ethical hurdles related to data privacy and maintain public’s trust as recent incidents of high-profile data breaches have tarnished the reputations of some technology companies.
Posted by Dan Vermeire.
Read the Entire Summer 2021 Technology, Media and Telecom Report Here
The post Summer 2021 | M&A Report In The Technology, Media and Telecom Industry Sector appeared first on CFA. The author is danv.
Title: Summer 2021 | M&A Report In The Technology, Media and Telecom Industry Sector
Sourced From: www.cfaw.com/blog/summer-2021-ma-report-technology-media-and-telecom-industry-sector/
Published Date: Tue, 17 Aug 2021 17:04:03 +0000
Did you miss our previous article...