The Tech Industry, short for the technology industry, refers to the sector of the economy that encompasses businesses and organizations involved in the development, manufacturing, and distribution of technology-based products and services. This includes a wide range of fields such as information technology (IT), electronics, software development, telecommunications, and computer hardware. Companies in the tech industry may produce consumer electronics, develop software applications, provide IT services, or operate in emerging technologies such as artificial intelligence, robotics, and biotechnology. The tech industry is characterized by rapid innovation and change, driving advancements in various aspects of daily life and business operations. It plays a crucial role in shaping economic growth, influencing other sectors, and transforming how individuals communicate, work, and interact with the world.
Broadcom is shaking up the tech landscape with its confidence in VMware, even as many companies contemplate leaving the virtualization giant for more flexible public cloud solutions. Research suggests that…