Tech giants employ various strategies to stay ahead:
- Research and Development: They invest heavily in R&D to foster innovation and develop cutting-edge technologies. - Acquisitions: Acquiring other companies helps them eliminate competition, enter new markets, and enhance their capabilities. - User-Centric Approach: By focusing on the user experience, they ensure customer loyalty and high engagement levels. - Strategic Partnerships: Collaborations with other companies, governments, and educational institutions help them expand their reach and capabilities.