Tech giants possess several distinguishing characteristics:
- Innovation: They consistently innovate, introducing new products and services that disrupt traditional markets and create new ones. - Scale: Their vast scale allows them to dominate various sectors, from cloud computing to e-commerce to social media. - Data Utilization: They leverage massive amounts of data to enhance their services, improve user experience, and drive targeted advertising. - Ecosystem: They build comprehensive ecosystems of products and services that lock in users and create network effects.