The Information and Technology (IT) Industry Outlook
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The software sector is closely linked to the global economy and the way European and American economies are impacted due to coronavirus; the adverse impact on the industry is quite visible. Many companies is likely to opt for cost saving and a survival mode because of what they are undergoing at present. Even before the Covid-19 crisis, software was slowing down because of technology disruptions, base effects and due to a lot of platforms and other systems taking over. Covid-19 has made the sector more underweight.
The software sector is closely linked to the global economy and the way European and American economies are impacted due to coronavirus; the adverse impact on the industry is quite visible. Many companies is likely to opt for cost saving and a survival mode because of what they are undergoing at present. Even before the Covid-19 crisis, software was slowing down because of technology disruptions, base effects and due to a lot of platforms and other systems taking over. Covid-19 has made the sector more underweight.
The software sector is closely linked to the global economy and the way European and American economies are impacted due to coronavirus; the adverse impact on the industry is quite visible. Many companies is likely to opt for cost saving and a survival mode because of what they are undergoing at present. Even before the Covid-19 crisis, software was slowing down because of technology disruptions, base effects and due to a lot of platforms and other systems taking over. Covid-19 has made the sector more underweight.
The software sector is closely linked to the global economy and the way European and American economies are impacted due to coronavirus; the adverse impact on the industry is quite visible. Many companies is likely to opt for cost saving and a survival mode because of what they are undergoing at present. Even before the Covid-19 crisis, software was slowing down because of technology disruptions, base effects and due to a lot of platforms and other systems taking over. Covid-19 has made the sector more underweight.
The software sector is closely linked to the global economy and the way European and American economies are impacted due to coronavirus; the adverse impact on the industry is quite visible. Many companies is likely to opt for cost saving and a survival mode because of what they are undergoing at present. Even before the Covid-19 crisis, software was slowing down because of technology disruptions, base effects and due to a lot of platforms and other systems taking over. Covid-19 has made the sector more underweight.