Are you stuck wondering what exciting new technology company is worth investing in? Don’t worry you are not the only one but luckily for you and many others pondering the same question this article will have all the answers you are looking for in what technology company is worth investing in. The truth of the matter is investing in exciting new technology companies can be a very wise and profitable move on the condition that you know what technology company to invest in. This article will show you how to play your cards right so you can benefit from being on the right side of an investment deal.
Does anyone want some Netflix and chill? Sorry not the time but it is the time to invest in this online streaming service. To be brutally honest; it is 2017 a television is dying, people are no longer looking to pay such a high fee for a Sky bundle packages or Cable TV. Netflix has capitalised on this new way of thinking and has smartly offered great subscriptions to choose from at such a low price which has boosted their revenue at a very steady rate.
Netflix’s financial performance show they are continuing to grow as by the end of 2016 they were expected to make a revenue of $8.7 billion. To further elaborate on their financial performance of 2016 it had risen by 23% from 2015. The good news is the company is continuing to grow, and the profits of the business are continuing to increase. These statistics show that Netflix is an exciting new technology company worth investing in.
Do you ever just want to escape on a long vacation? Well, don’t be afraid you are not the only person to have those travelling concerns. This is why Priceline Group’s revenue is continuing to rise, to further elaborate on this Priceline Group are currently the world’s leading online travel company.
To explain what Priceline is it is one shop where you can buy everything for travelling. For example, you can buy your plane tickets, book your hotel room and rent your vehicle to travel around in. The financial performance of the company shows that they do not plan on declining anytime soon. This is because in 2015 according to financial reports, Priceline brought in a whopping $9.2 billion in revenue. To further elaborate on this, that billion dollar figure was a rise of 25% of the previous year. The final reason on why you should invest in this technology company in 2017 would be because the company’s operating profit was almost $3.3 billion, which is equivalent to 36% of their revenue. This shows that the online travelling industry but specifically Priceline Group are an exciting new technology company worth investing in.
Cyber security- FireEye
Do any of you remember the infamous iCloud celebrity hacking scandal? Well, let me remind you, this was the scandal where all private details and photos of celebrities were leaked online because of hackers. Well, because of this scandal cyber security programmes such as FireEye see a massive growth in sales because people do not want their private details leaked all over the internet by these hackers. For example, the entire cyber security market is now expected to grow by a mouth dropping $170 billion annually by the year 2020.
The total spending on cyber security equipment such as firewalls in 2016 was projected to increase by 13%. It has been estimated by some brokerage firms such as CMC Markets that the Cybersecurity industry will decrease to about 8%, but that is still a very promising and impressive figure. Through the research of brokerage firms such as CMC Markets, it shows that the cyber security industry specifically the FireEye Company are an exciting new technology company worth investing in.
This article was just an example of a few of the technology companies that you can invest in, in 2017. The truth is technology is continuing to grow and expand in 2017 with a whole new range of products. This means that with all these new technology products which these companies are releasing this makes for a lot of exciting and new opportunities for people to invest in.