How to value innovation

Technology to play a pivotal role in powering the global economy post-Covid

The Covid-19 pandemic has accelerated the already-entrenched age of technology, with every organisation – whether corporate or government – under no illusions to its pivotal role in powering the global economy.

Innovative companies able to communicate, interact and empower people have thrived in this turbulent time. Indeed, the share price gains of FAANGs - with Apple becoming the first company to hit the $2trn market cap - highlights the creativity and resilience of today's tech giants. Apple is a story of innovation and reinvention, whose products and services are becoming even more valuable to its customers during the pandemic. Despite the challenging economic backdrop, the company's ecosystem remains vibrant.  Importantly, the growth opportunities in areas such as wearables, which have had a s...