Monday, May 28, 2012
 Is technology still a high-growth industry? Despite the success of MySpace and YouTube, much has been made of the sector's sluggishness following the dot-com bust. But BusinessWeek.com's annual Tech Hot Growth 50 ranking makes it clear that there is plenty of headroom remaining in the industry--even hot, bubble-like growth in certain places. The nature of that growth, however, has changed dramatically. No longer do all companies in technology have a strong tailwind of 15% to 25% increases. Instead, the overall sector is growing at single-digit rates. The result? To grow at exceptional rates, tech companies need to deliver exceptional performance. Apple has done it with standout innovation in digital music and beyond. Google is building a brand new model for making information available to one and all. Even companies in brutally competitive fields--such as telecom or corporate software--can deliver strong results. Just consider how AT&T and Oracle have gobbled up their rivals to make revenues surge. It's certainly not like the old days, but there's plenty of growth to be had in the tech industry. Go to www.businessweek.com/go/07/tech50 for this and more.
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