The semiconductor and digital technology industries as a whole have been in a deep slump, but the current trouble at Philips goes beyond that.
Digital technology industries are growing 32% faster than the average for businesses in other sectors, according to the report, and have a combined annual turnover of £161bn.
The steady march of digital technology, in industry after industry, is pushing the demand for information technology.
For Sony, the acquisition represents a gamble that after years of upheaval caused by digital technology, the industry will regain its footing.
Therefore, drawing on Tilson et al. (2010b, p.3), digitization can be better defined as the socio-technological process of applying digital technology across industries and contexts in ways that affect and shape their underlying infrastructures for the creation, storage, and distribution of content, applications, and services.2.2
Kim Reed Perell is a dynamic and highly successful Internet entrepreneur with more than a decade of experience serving as a CEO within the digital media and technology industry.
In India, in contrast, reflecting the strength of the digital technology and multimedia industries, "we're focusing more on creative technologies, more business to business," Ms. Ariff said.
I'm really passionate about using digital technology to transform industries.
But, she adds, we have reached the point where digital technology as a standalone industry melts away and starts to become a key part of other industries, especially fashion.
