We produce separate quarterly reports that focus specifically on; technology services, enterprise software, cybersecurity and marketing and technology.
Welcome to the Q1 2020 Global Technology Market Review – Results International’s quarterly review of deal activity and valuation metrics for the technology sector. We cover all aspects of technology with a focus on enterprise software/SaaS, software-related IT services, and tech enabled services.
Each quarter we consider the macroeconomic trends and analyse the activity in the M&A and public markets across enterprise software, technology services, cybersecurity and marketing and eCommerce technologies. Despite current market turbulence, 2020 will remain a good year to contemplate fundraisings, exits or acquisitions in the technology sector and this is reflected in our outlook for the year.
1. Q1 2020 will be remembered as the quarter when Covid-19 sent shockwaves around the world and we expect this to have at least a short-term impact across all of the sectors that we track.
2. Global indices and valuations are down by c. 10%+ across the space but still don’t look that low compared to historical standards; all have rebounded somewhat since the lows of Mid-March, with the Nasdaq back to levels seen six months ago.
3. As companies focus on cash generation and preservation in the uncertain climate, M&A has understandably taken a hit. Nevertheless there were still a number of notable transactions, with the majority taking place before Covid-19 really took hold, as companies continued to fill missing capabilities and compete to capture as much of clients’ digital transformation budget as possible.
Notable transactions:
1. We expect public markets to slowly recover, and based on the financial crisis in 2008 this will take at least a couple of quarters.
2. We expect M&A activity to bounce back strongly:
We hope you enjoy the Global Technology Market Review for Q1 2020, please do get in touch if you would like to discuss any of the themes with us. We look forward to speaking with you soon.
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We produce separate quarterly reports that focus specifically on; technology services (Technology Services Perspective), enterprise software (Enterprise Stack), cybersecurity (CyberScope) and marketing technology (MarTech Barometer). Click the links below to go directly to the report of your choice.