How Tablets Can Boost Your Business
Written by Joe Linford
Business professionals used to always be seen with a laptop slung over their shoulders, but things have changed immeasurably ever since the Apple iPad launched a couple of years ago. Spend any amount of time traveling these days and you’ll soon see that business people at airports and the like are often clutching one of these devices instead.
That’s not really surprising; for starters, the Apple iPad and other tablet computing devices that have come to market since, are cool looking gadgets. What’s more, they’re often easily able to cope with the rigors of professional business needs and, in many cases, have more than enough computing power to keep you productive in any location.
Connectivity adds to the appeal of the tablet computer. If you spend some extra money and get both a wireless and mobile broadband network enabled device, then you’ll have a portable workstation that can be used to conduct business from pretty much anywhere. There’s also the added benefit of beefier battery life than that found on many laptops, which can often fail you at the most inconvenient moment during the working day.
A New Way Forward
There’s no doubt that the tablet computer is here to stay, even more so when it comes to keeping business professionals productive on the move. Of course, consumers are often attracted to a tablet's hardware, and for this the options are pretty much unlimited now that new models come in all shapes, sizes and operating system variations. However, adding an extra appeal to the whole tablet scenario is the ability to boost productivity even further using apps.
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Software apps have now become big news for professionals who need custom made tools for just about every kind of job imaginable. While some apps offer basic computing embellishments to the app landscape, others are powerful tools that do everything from computing complex spreadsheets to helping you produce your killer presentation for the board meeting next week.
Better still, their cost is cheap compared to the many software options that are available for standard laptop and netbook computers, while the ability to simply download one that takes your fancy while you’re on the go is another boon to the mobile businessman. Add all of these factors together and it’s easy to see why the tablet computer will be at the top of any productivity shopping list over the next few months.
While the Apple iPad is admittedly a premium product, there are still plenty of other options out there in the tablet marketplace that can get the job done almost as well. A wealth of Google Android powered devices are often able to deliver many of the same options, although the apps aren’t quite as extensive as those found in the Apple App Store.
Nevertheless, if you’re looking to stay productive and go more mobile with your business activities this year, then a tablet is certainly one of the best ways to ensure you meet your goal.
About the author: Joe Linford writes on behalf of Broadband Genie, an online comparison site for broadband, smartphones and Tablet PC information.
M&A activity key lever for future tech sector growth
Despite the continuing uncertainty of the pandemic, the tech sector has witnessed soaring dealmaking activity over the past year, rocketing in the second half of 2020, with the last quarter of 2020 a record one for M&A activity, and momentum continuing into 2021.
Dealmaking in tech sector soars in past year
And the latest figures bear this out with the number of technology M&A deals totalling US$208.44bn globally in Q1 2021, according to GlobalData. While the US holds top spot both in volume of deals (1034) and total value (US$140.61bn), Europe ranked next with 649 deals (US$44.49bn) with the UK continuing its reign as Europe’s biggest M&A market with 204 deals.
In particular, megadeals – those valued at US$5bn or more – soared in 2020 representing 59% of all global technology sector deal value in 2020, up from 47% in 2019, according to the latest edition of the EY Technology Global Capital Confidence Barometer.
This tech sector trend towards megadeals is backed up by EY’s CCB data, with 16% of tech sector respondents planning to pursue transformative deals valued at US$5bn or more in the near-term.
While technology deal activity “all but stopped at the beginning of 2020 after fluctuating between historic highs and lows, companies pivoted quickly and tech M&A exploded in the second half of the year”, says Barak Ravid, EY Global TMT Leader for Strategy and Transactions.
M&A activity level for tech sector growth
Looking ahead to the future, technology executives are optimistic, with nearly half (47%) expecting profitability to fully rebound this year, according to CCB data, compared to 23% across all sectors, and with more than half (51%) planning to pursue M&A in the next year in order to sustain growth.
According to Ravid, M&A activity is increasingly becoming a key lever for growth as businesses look to recover.
“To position themselves for future revenue growth, tech companies are now adjusting their M&A strategy to focus more on a target’s business resilience, digital technology alignment and to gain market share through consolidation,” says Ravid.
However, with an increasingly competitive deal market and ongoing geopolitical tensions, the majority of tech execs expect to see more competition in the bidding process for assets over the next year, primarily from private capital.