DLA Piper has launched the sixth iteration of its Tech Index – Tech Index 2022: Pathways to growth in a troubled world.
At a time of deepening political and economic uncertainty across the world, European technology companies remain surprisingly optimistic about the prospects for growth in their sector.
That is the clear conclusion of our sixth Tech Index, based on interviews with senior executives from 350 companies across the tech sector.
The report, alongside the full survey findings on topics like AI, robotics, internet of things, data monetization, 5G and fintech, includes insights into the issues facing the sector today such as M&A valuations and drivers, national security, cybersecurity, managing ethical risk, and sustainability.
The report also highlights changing attitudes and has generated some intriguing insights on general trends across sectors and technologies including:
- Tech companies seem to believe, and with justification, that they can play a central role in helping to steer the global economy through the current economic storm.
- Two thirds of our respondents are confident in increasing revenue over the coming 12 months.
- ESG issues have risen quickly up the boardroom agendas of companies across almost all sectors – and in a remarkably short space of time.
- Key technologies such as Internet of Things, connectivity, AI/Robotics and 5G have the power to provide answers to a long-running dilemma – how to energize economies that for many years have been stuck in a cycle of sluggish growth and low productivity.
Download your copy of the report from DLA Piper’s website to explore how perceptions have changed over the last few years.
If you have any questions about this report, please do not hesitate to contact Jonathan Paines, Legal Director, Corporate and Technology Sector – jonathan.paines@dlapiper.com.