Jonathan Curtis, Portfolio Manager of Franklin Technology Strategy, discusses why businesses need to embark on a journey of digital transformation to stay relevant, and the investment opportunities he sees.
Find out more on how technology's role transformed.
From process automation to big data, digitalisation shapes our world today. Techonology is fueling disruptive innovation, streamlining outdated processes, and creating new possiblities. Over the past few decades, the way we live has already been altered by new developments.
One of the characteristics of modern life seems to be that we are moving at an ever-increasing rate. Multitasking is becoming the norm as the amount of information and data shared over the internet rises substantially, and it continues to grow.
Global internet use accelerates as Asia accounts for close to 50% of the world’s Internet user population. Access to digital devices continues to contribute towards Internet adoption and growth.
For most innovations of our history, we can measure success by the level of users. Reaching 50 million users mark is a sure sign of triumph, however how long does it usually take to reach this number?
In today’s tech-fuelled and tech-led world, top products are reaching high levels of consumers in incredibly short amounts of time.
Over the next decade, we expect hundreds of billions of “edge devices” to be deployed, an explosion of data generation, and new approaches to computing to sustainably process and create value from all the data that’s available.
The information technology (IT) sector has offered the best growth profile in the S&P 500 Index over the past three years and topped all 10 other equity sectors by a wide margin in 2019.
We believe the overall IT sector is appropriately valued for the good growth and quality that it offers. In our view, the IT sector has many excellent established, cash- and earning-generating businesses.
Franklin Technology Strategy
Identifies high-quality technology companies worldwide
Capitalises on investment opportunities arising from digital transformation
Focuses on four leading growth themes artificial intelligence, cloud computing, services, Internet of Things, and e-commerce
20
YEARS
Since Launch
Franklin US Opportunities Fund*
Invests highest-quality growth companies located in the US
A well-diversifited, multi-cap, multi-industry portfolio
Leading growth fields in focus are technology and healthcare
20
YEARS
Since Launch
*Feeder fund that feeds into Franklin Templeton Investment Funds – Franklin U.S. Opportunities Fund (Target Fund), a Luxembourg-registered SICAV
Capitalise on the potential of technology sector, speak to a relationship manager at any of our participating distributors:
Matt Moberg shares five technology-enabled themes he thinks are likely to disrupt traditional business practices over the next decade.
While the US economy continues to suffer the wrath of the coronavirus, a recovery will eventually come.
Jonathan Curtis explains why businesses need to invest significantly more in digital technology in the coming years.
Footnotes
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