Re:Netflix is not a tech company (2019)
by bumby on Tuesday September 07, 2021 @01:36PM
(#28447521)
>any company that understands it can leverage technology effectively to run a more efficient organization.
This feels like too broad of a generalization to be a useful definition. I could make the case any hospital or logistics or <insert business here> is a tech company by this. Tech seems too ubiquitous for this to be an effective definition.
I haven't given it much thought, but maybe "a company with a business moat hinging mostly on its unique technology or ability to use technology" would be a better definition. E.g., Walmart could still be a (less) successful business without an online presence but Amazon couldn't.
This feels like too broad of a generalization to be a useful definition. I could make the case any hospital or logistics or <insert business here> is a tech company by this. Tech seems too ubiquitous for this to be an effective definition.
I haven't given it much thought, but maybe "a company with a business moat hinging mostly on its unique technology or ability to use technology" would be a better definition. E.g., Walmart could still be a (less) successful business without an online presence but Amazon couldn't.