Sunday, 18 May 2008
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Redux Global ICT 100 Index
 
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The technology sector’s stupendous stock market rise and inevitable fall has placed it in the global business spotlight as never before. Today, each significant gain creates new expectations; each dip leads to further predictions of more doom to follow. The business world continues to ask whether the tech sector has hit the bottom and whether recovery is in sight.

But how on earth are they supposed to find out?

A new and uniquely imaginative index
It needs to be remembered that the ‘technology sector’ is not a unified entity but a series of separate (though enmeshed) industrial segments. These range from chipmakers and software developers to network builders and operators across the disciplines of telecom, wireless and the Internet. These engines and powerhouses of growth and development are spread across the globe.

Despite their crucial interrelationship, the technology’s sector’s global components have never been brought together in a single index. Until now.
 
The Redux Global ICT 100 Index (R-100) comprises 100 leading companies worldwide from the converging realms of telecom, wireless, IT and new media. Their combined market capitalisation at the time of the Index’s debut in July 2004 was in excess of US$3,300bn. After a turbulent two years, it stood at just under US$3,500bn at the end of July 2006. By the end of 2007 that had passed US$4,930bn.
 
The R-100 brings together 100 of the world’s largest technology companies under the same indexed ‘roof’, based on selection by TelecomRedux’s in-house team of analysts.