And the winners remain China and India

The BECH Index 2020 – Corona version
How?
As information technology companies prepare
for global growth the first question to
answer is “how?”
We discuss these issues in the first three
whitepapers in this series named Entering
a Foreign Market in the Information
Technology Industry6 and in my upcoming
book Going Global on a Shoestring 7 .
We used to recommend that B2B information
technology companies verify the viability
of their business models in their domestic
market first. When growing revenue
has been proven profitable, predictable
and scalable then it is time to conquer foreign
markets.
With the opportunity of running virtual business models taking advantage of the decrease in international
transaction costs, we will be revising this recommendation.
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6
These whitepapers are available for download from www.tbkconsult.com
7
https://tbkconsult.com/product/the-book-going-global-on-a-shoestring/
10
www.tbkconsult.com