Technology and IT companies are the most valuable
"Digital giants overtake industry," stated a EY headline. Digital and industrial are not mutually exclusive. Nevertheless, there is a profound change. For the first time, only technology groups are among the six most valuable companies in the world.
13 Jul 2018 David SchahinianShare
The German industry will not like to read about it, but US and Chinese digital companies are currently at the top of the world’s
"Digitalization is currently the most important megatrend and European corporations seem to be rather the hunted than the hunters," stated Hubert Barth of EY Germany. Half a year ago, six German companies were still in the top 100. Now, with Bayer in 84th place, there are only three left. European corporations seem to have rarely been able to provide investors with a convincing model for the future, Barth continues.
Back in October 2017, the industry association, Bitkom, announced that the digital industry was for the first time the
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