Tag Archives: General

Technology is a generic term – Software is a precise term


I have always wondered why they are referred as Technology companies.

  1. Apple’s share of revenues are mainly from iPhone sales, followed by iPad, and Mac computers.
  2. Amazon’s share of revenues are mainly from Retail (online and offline), and then AWS and others.
  3. Google’s share of revenues are mainly from Advertising. Other supporting products are mail, youtube, docs, browser, playstore, android etc.,
  4. Microsoft’s share of revenues are mainly from Personal computing software, followed by business processes etc.,
  5. Facebook’s share of revenues are mainly from Advertising, and a small percentage comes from payments

Most of them as you can see are purely consumer plays having direct B2C connection.
They use Technology for their products and services.
They develop software and hence software companies.

Are companies in Automobile, Engineering, Electronics, Pharmaceuticals, Chemicals not technology companies?
Don’t they use Technology for their products and services.

Please let me know what you think

Thanks

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