Intangible assets: Key to sustainable value creation in tech companies
Key Takeaways from this article
Apple, Alphabet (erstwhile Google) and Microsoft – are tech companies with a combined market capitalisation of approx. USD 1.5 trillion.
India features in the list of top ranking businesses with two tech companies – TCS and Infosys – having a combined valuation of close to USD 110 Bn.
The primary intangible asset in IT service companies is customer relationship, which provides a strong shield against competition.