Naming recent trends such as 3-D printing or cloud computing as potential examples:
“In which technological innovations or technology-sub-sectors are you currently identifying the largest potentials? What upcoming major product releases / innovations should not be left unmentioned?”
Tandberg-Johansen:
"Im Technologieumfeld machen wir folgende sechs Megatrends aus: Die Nutzung der Smartphones wird weiter zulegen und unser Leben immer häufiger, tiefgreifender bestimmen. Fernsehen löst sich von klassischen Sendern und bekommt eine andere, individualisierte Dimension, neue Spieleplattformen verzeichnen Rekordumsätze, Services wandern in die Cloud, Online-Medien verschmelzen mit Offline-Medien oder nehmen diesen Marktanteile ab. Dazu kommt dem Mobile Payment eine große Bedeutung zu.
Interessant wird im Weihnachtsgeschäft sein, was sich technisch in den Wohnzimmern tut. Neue Produkte kommen sowohl von Microsoft mit der neuen Xbox als auch von Sony mit der neuen PlayStation. Auch Apple und Google bringen vermutlich Spielekonsolen für das Wohnzimmer heraus."
Van der Biest:
"Several themes that will be very important in the coming years and that can be significant threats for existing widely held companies: transition from licenced based on-premise software models to cloud-based subscription software models (can be a negative trend for SAP, Oracle,… if they do not manage to change their company quickly enough). Internet of Things (IoT: connecting all kind of devices to the internet via low power radio) can be an important market for companies like CSR, Intel, Cisco,…. Software Defined Networks (SDN) can be transformative for the way networks are built, and could be a threat to traditional networking companies like Juniper and Cisco. Mobile Payments: lots of different ways to play, but unclear who will be the final winners (Wirecard, Gemalto, Ingenico, Monetise,…). E-commerce is definitely not a new trend but continues to gain traction (Amazon, Yoox, Ebay,…). 3D printing: a nascent industry that has plenty of potential applications (going from healthcare to manufacturing to consumer…). Stratasys and 3D Systems are the easiest way to invest in this theme, but the number of players in this attractive market is increasing very fast (most of these companies are still small and privately held, but a number of them is expected to IPO soon)."
Die Experten im aktuellen "Sector Update | Technology"
Anders Tandberg-Johansen
Head of Global Technology
DNB Technology Fund
DNB Asset Management
Johan Van der Biest
Senior Asset Manager
Dexia Equities B Global Technology
Dexia Asset Management
