What is high tech?
High tech encompasses the latest and greatest of technology that uses or incorporates the most advanced machines, methods, and software. It can describe a variety of products and applications across multiple industries, such as consumer electronics, automation, semiconductors, automotive, even large-scale infrastructure.
High tech (short for high technology) is always evolving. Continued innovation and improvement is essential to remain competitive.
How is the high-tech industry evolving?
The high-tech industry includes businesses focused on rapid innovation. Traditional high-tech sectors include electronics, software, computers, and related IT, but increasingly many products, like automotives, medical devices, aerospace, are differentiated by their software, artificial intelligence, and other high-tech components.
With more demand for electronics and high-tech products, companies can be challenged to deliver quality at speed, dynamic supply chains, data management, and internal and external collaboration.
Data below from Accenture’s Pulse of Change 2025.
Level of change
Of high-tech executives believe there will be an accelerated level of change in 2025
Focus on gen AI
Of high-tech executives plan to focus on creating new AI-powered products
Prepared for change?
Of high-tech C-suite execs don’t feel they’re fully prepared for environmental and geopolitical change in 2025
Five major sectors of the electronics and high-tech industry
What’s known as the electronics and high-tech industry is a combination of several major sectors that include the manufacturing of advanced technologies, products, and components.
Computers and consumer electronics
Semiconductor industry
Automation and controls
Equipment and infrastructure
Electronics manufacturing services
Strategic objectives and business goals
Manage product complexity
Overcome product complexity with solutions for managing configurations and product variants, software and hardware requirements, technical documentation, and more.
Reduce costs
Digital transformation minimizes costs and risk across the product lifecycle by enabling companies to manage product complexity, streamline processes, and break down data silos.
Drive growth and innovation
Increasing innovation productivity allows companies to differentiate themselves from competitors. By solving problems related to innovation, companies can bring new and improved products to market faster, enhancing their competitive edge.
Optimize supply chain
By optimizing supply chains and creating global production networks, companies can better adapt to geopolitical, economic, and regulatory changes. This resilience helps them navigate uncertainties and maintain business continuity.
Speed to market
In a fiercely competitive market, retaining customers is vital. Through speed and differentiation, companies can build stronger customer loyalty and reduce the risk of losing customers to competitors.
Improve product quality
Addressing issues related to product quality and performance ensures that customers receive high-quality products that meet their expectations. This leads to higher customer satisfaction, positive reviews, and increased market share.
PTC’s solutions are enabling leading electronic and high-tech companies to get ahead of the competition.
News and resources
PLM for digital supply chain optimization
See how PLM can enable a seamless flow of real-time, accurate information between engineering, manufacturing, sourcing, and supply chain partners.
/en/technologies/plm/digital-thread/plm-supply-chainTransitioning from Oracle Agile
With Oracle Agile sunsetting in 2027, learn the essential steps and key considerations for transitioning to a modern PLM solution.
/en/blogs/plm/transitioning-from-oracle-agile-plmEnsuring quality control in electronics manufacturing
Explore the importance of quality control in electronics manufacturing and understand the key methods used in the industry.
/en/blogs/plm/ensuring-quality-control-in-electronics-manufacturing