Traditionally, in the technology sector, value is determined by innovation and revenue growth. This year, macroeconomic and geopolitical factors played a crucial role. When the last report was still being produced, technology sector stocks were still on a meteoric rise. Today, that sector has been hit hard (see figures to the right).
Nearly all the world's technology leaders report that their digital evolution has improved productivity and profitability over the past two years. Despite this, a survey of more than 2,200 technology executives and industry experts found that there are still obstacles in the way: key skill gaps and cybersecurity pressures.