Both large and small tech companies could boom in the depression
Silicon Valley’s on its second roller-coaster ride of the decade – the last being the Cyclone of the early 2000s. But the big guys, even though most are laying people off, are looking at the current economic situation as an opportunity – something every business would be wise to do. They are taking steps to improve efficiency, largely through innovation and cutting edge technology (into which category, by the way, Bomgar’s remote desktop control software most definitely falls).
For smaller companies, the start-ups that most often take the risks inherent in innovation, the news isn’t all bad either. The behemoths may be looking for what you’ve got. And, after all, some of the giants were start-ups in earlier tough times. Cisco, for example, emerged during the 1987 crash and both Facebook and MySpace gloriously rose from the ashes of the dot-com crash.
To find out more about what’s in store, check out New tech start-ups can rise from the economy’s ashes.
