High-Tech
Are you looking to boost your sales in the High-Tech industry? Transform yourself into an “expert” on the High-Tech industry sector and its language and develop targeted content to address relevant industry trends and challenges.
Cambashi’s e-learning course and Industry Insights include more information about the High-Tech industry, alongside high-level market intelligence from our market-leading datasets.
Industry Challenges
- Geopolitical tension
- International conflicts and trade wars creating market uncertainty and supply chain disruptions.
- Supply chain volatility
- Unpredictable logistics and material availability affecting production schedules and cost.
- Cybersecurity
- Increasing threats to digital infrastructure requiring vigilance and investment.
For more in-depth information about the High-Tech industry, check out our e-learning course and Industry Insights platform.
E-learning course & Insights Platform
Cambashi provides access to the industry e-learning curriculum in conjunction with industry insights, glossary and market intelligence to deepen your business and industry-specific oriented conversations.
E-learning course
- Self-paced e-learning
- CPE-approved
- Designed for customer-facing professionals
Objectives
- Identify the industry terminology
- Identify the relationships between typical companies in the high-tech supply chain and understand the structure of a typical business
- Pick out some of the major issues faced by high-tech companies in today’s industry
- Differentiate between the initiatives they take to respond to business issues
Cambashi Ltd is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE sponsors through its website: http://www.nasbaregistry.org
Industry Insights Platform
- Tactical industry intelligence updated in real-time by industry experts.
- The latest trends & challenges, business drivers, products & services, and technology.
- Key players and consumer perspective
- Industry terminology and metrics
- Deeper knowledge across a variety of industry subjects
Access Cambashi’s Industry Insights Demonstration
High-Tech Industry Related Professions
Analysis of the employment data highlights AEC & MFG Workers being the largest occupation group. This primarily consists of shop floor workers operating machines or assembling consumer and industrial electronics. The dominant region for high-tech workers is APAC. One reason for this is they have a larger pool of available workers. Additionally, looser labor regulations, fewer safety standards, and lower wages contribute to making the region more attractive for companies to set up.
Manufacturers of high-tech products often make a trade-off for their production lines between sophisticated, automated machinery and processes (which need access to highly qualified engineers to keep them running), and less sophisticated production (which is easier to maintain but needs more operators). The higher proportion of shop floor workers in APAC suggests that at least in some areas, manufacturers are choosing simpler production methods. However, it is important to remember APAC includes some of the most sophisticated electronics manufacturing globally.
Conversely, the next largest regions outside of APAC are North America and Western Europe, these typically more developed regions have a very different worker mix. These regions are mostly made up of more senior workers in management or supervisor positions. These workers are not on the shop floor but typically in an office, managing or designing products, rather than doing the physical building.
Human Resource departments are faced with the challenge of retaining core skills and keeping knowledge within the business. This is a difficult task due to the rapid advancement of technology within the industry – not only are HR managers scrambling to fill spaces left by experienced retirees, but they must also keep up with the changes in technology. In response to this, HR departments will be measured against KPIs such as Employee Turnover, Time-to-productivity, and against the skills coverage of the company.
Software Market in the High-Tech Industry
In such a technology-driven industry the success or failure of high-tech companies relies to a large extent on their IT infrastructure and software applications. High-tech companies are often early adopters of new IT technologies, gaining technological, process, and commercial advantage.
High-tech IT investment aims to:
- improve innovation and efficiency in design and manufacturing – across the whole supply chain
- reduce costs across the whole business
- speed up time-to-market.
Factory automation, the use of robots, flexible production lines, just-in-time production systems, and quality management are core technologies essential to manufacturing performance. The industry has also been instrumental in advancing information technologies which support business processes across the value network including Resource Planning (ERP), Supply Chain Management (SCM) and Lifecycle Management (PLM).
Here we can see the relative sizes of the Computer-Aided Technologies (Mechanical CAD, Mechanical CAE, CAM) and PLM software sectors in the global high-tech market. The total is worth over $US3 billion annually. Note how MCAD and MCAE are the largest technology segments, which highlights the importance of design, analysis, and simulation in the high-tech sector.
Design/Engineering/Manufacturing Software Market Share – High-Tech Industry
Blog
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AI High-Tech Transformation
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