Why Are We Still Classifying Companies by Industry?
AUGUST 18, 2016
Over the past five years, Apple and Google have made significant moves in the automotive, healthcare, media, and smart home markets, among many others. They have expanded far beyond the “Information Technology” tag attached to them by GICS. Today, technology is just a standard part of corporate infrastructure, like operations or marketing. But Information Technology doesn’t seem like the right category to group them into.