2023: The year of competitive innovation

All the crashes in 2022 put the ball in the customers’ court this year.

January 4, 2023

Tristan Perona

Tristan Perona, researcher, JPR2022 beat down most tech companies. The market lost $4 trillion.At the beginning of the year, the S&P paraded Silicon Valley, with Tesla being the fifth most valuable company and Meta being the sixth in the index. Amazon’s market cap tumbled from $1.7 trillion to $834 billion in the last month. Twitter still hasn’t made an annual profit since 2019. Crypto customers allegedly lost $8 billion to FTX and Bankman-Fried, and their market crashed and burned. As the cost of living gets more expensive, customers are starting to cut out the luxuries, and rice in the cupboard

...

Enjoy full access with a TechWatch subscription!

TechWatch is the front line of JPR information gathering service, comprising current stories of interest to the graphics industry spanning the core areas of graphics hardware and software, workstations, gaming, and design.

A subscription to TechWatch includes 4 hours of consulting time to be used over the course of the subscription.

Already a subscriber? Login below

2023: The year of competitive innovation

Enjoy full access with a TechWatch subscription!

This content is restricted

Login