Tech Tonic Shift - Global Thematic Research

As technologies like mobile payments and artificial intelligence become the preserve of the largest internet ecosystems, so these ecosystems will get stronger. Our preferred ecosystems to enter now are Apple, Google, Facebook, Amazon and Tencent. We see Alibaba as volatile.

TV broadcasters and some media conglomerates could start to report profit warnings as their subscription and advertising revenues are hit by technology titans entering the video streaming market. We remain negative on Netflix, which will see intense competition from Apple, Google, Alibaba, Rakuten and Sony.

In this report, we look at the comparison of the losses to the big crashes in 2000 and 2008.

Scope

This report is part of our ecosystem of thematic investment research reports, supported by our “thematic engine”.

About our Thematic Research Ecosystem

GlobalData has developed a unique thematic methodology for valuing technology, media and telecom companies based on their relative strength in the big investment themes that are impacting their industry. Whilst most investment research is underpinned by backwards looking company valuation models, GlobalData’s thematic methodology identifies which companies are best placed to succeed in a future filled with multiple disruptive threats. To do this, GlobalData tracks the performance of the top 600 technology, media and telecom stocks against the 50 most important themes driving their earnings, generating 30,000 thematic scores. The algorithms in GlobalData’s “thematic engine” help to clearly identify the winners and losers within the TMT sector. Our 600 TMT stocks are categorised into 18 sectors. Each sector scorecard has a thematic screen, a risk screen and a valuation screen. Our thematic research ecosystem has a three-tiered reporting structure: single theme, multi-theme and sector scorecard. This report is a Single Theme report, offering in-depth research into a specific theme. It identifies winners and losers based on technology leadership, market position and other factors.

Reasons to buy

Our thematic investment research product, supported by our thematic engine, is aimed at senior (C-Suite) executives in the corporate world as well as institutional investors.

Corporations: Helps CEOs in all industries understand the disruptive threats to their competitive landscape

Investors: Helps fund managers focus their time on the most interesting investment opportunities in global TMT.

Our unique differentiator, compared to all our rival thematic research houses, is that our thematic engine has a proven track record of predicting winners and losers.

Companies mentioned

21 Vianet

21st Century Fox

3D Systems

51job

58.com

AAC Technologies

ABS CBN broadcasting

Accenture

Acer

Activision Blizzard

Acxiom

Adobe

ADP

Adtran

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