4 ms·

I think it is pretty easy to define tech company. Is the IT/Software Dev a profit center or a cost center, easy as that.

• tshaddox 5y ago
  What about companies that aren’t remotely profitable at all? Isn’t that a huge portion of notable tech companies?
  • tomrod 5y ago
    Better term would probably be revenue driver, which is typically what is meant by "profit center." In other words, IT brings sales contracts through the door.
    • burntoutfire 5y ago
      For banks, online banking is a huge driver of business. Some banks have even started claiming (I suspect mostly for recruiting purposes) that they are "in tech sector".