Tech & The District » MGM http://blogs.hillandknowlton.com/techandthedistrict Tech the way we see it: insights and musings on technology PR, policy and the District, from H&K’s D.C. Tech Team. Thu, 04 Aug 2011 15:06:44 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Fine Tuning the Tech Market http://blogs.hillandknowlton.com/techandthedistrict/2008/11/19/fine-tuning-the-tech-market/ http://blogs.hillandknowlton.com/techandthedistrict/2008/11/19/fine-tuning-the-tech-market/#comments Wed, 19 Nov 2008 18:36:00 +0000 Sharla Lane http://blogs2.hillandknowlton.com/techandthedistrict/11427.aspx Today,
the Big Three of the auto industry faced Washington, but changes are
reaching far beyond the lines of one business area. Just as the auto
and banking industries have felt the economic crunch, tech companies
from blue chip to Web 2.0 have been appearing in headlines with talk of
mergers, closures and even new business ventures in hopes of riding out
the slump.

Here are a few changes in the tech landscape since Election Day:

So
what does it all mean? In a thriving economy, companies that may have
had inferior services or products were able to exist and live off the
surplus in capital. Now that funds are limited, consumers are cutting
back spending. Perhaps we can look to lessons learned from the ever
decreasing value of the Big Three in the auto industry and apply them
to the tech space.

Hopefully,
we will only get the best of the best mobile service, laptops, and
innovation, including a phase out of poorly crafted Web sites in an
overpopulated Internet space. One result could be leniency in regulation, permitting larger companies to push out competition and raise prices.

Either way, as we approach the holiday season, NPR warned me last week
to not be surprised when I hear an influx of commercials announcing
layaway options rather than in-store credit card offers… so put away
your plastic and start saving those pennies the good ol’ fashioned way!

(Note: H&K works in some parts of the world with Verizon Business, Yahoo!, Microsoft and MGM.)

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