WikiWealth

Technology leadership provides an opportunity to gain more sales from competitors who don't have the same level of technology. Customers may prefer cutting edge technology that a specific company provides over one with less advances products; thus, increasing the high technology companies revenues.

Additionally, technology leadership can mean that a company will have advanced services that lower the cost of their products. This advantage will lead to high revenues, because the target product is cheaper. Cheaper products can lead to higher profits from the same services. …