After a 2012 filled with uncertainties, 2013 witnessed a slow rebuilding of confidence and, perhaps, the charting of a path toward growth. After a first half that saw quarterly technology deal volume drop, optimism took hold with a doubling of activity in the second half. In the end, technology deal activity finished the year 18% lower, amidst IT spending growth of less than 1%. Equity markets and IPO pricings sounded a consistently contrarian note, soaring to long-forgotten highs. These leading indicators of spending and deal growth provide promise for 2014.
This issue of the Technology Forecast examines the future of enterprise applications. Emerging technologies, including mobility, cloud, application programming interfaces (APIs), analytics and others are giving rise to the "mindful app".
PwC's Investor Resource Institute invites you to join us for a webcast on Thursday, February 6 from 3:00 - 4:00pm ET. During this webcast we will be discussing five megatrends that we see shaping the global business environment, and the implications of these macroeconomic forces may have on corporate strategies.
As year-end rapidly approaches, it is time to plan for your annual filing. PwC's technology industry publication, Stay informed: 2013 technology SEC comment letter trends, provides a comprehensive analysis of recent SEC staff comments to assist you with the understanding of the key trends that are relevant to companies in the technology sector.
PwC’s technology industry publication, Preparing for success: 2013 technology IPO SEC comment letter trends, highlights trends in SEC staff comment letters specific to technology companies filing their IPO registration statements.
PwC's Technology Industry leader discusses technological, economic, and political trends that are important to CEOs and C-Suite executives while exploring the trends and challenges that businesses must consider to remain competitive.
Technology deals accelerated in the third quarter returning to historically high levels with deal volume doubling from the previous quarter, according to PwC’s US Q3 technology M&A Insights report released today. Private equity (PE) buyers continued to take an active role in technology M&A with increased deal closures and numerous new deals announced.
Results of this year’s survey – including responses from more than 9,600 executives across 115 countries, and virtually every industry – show that executives are heeding the need to fund enhanced security activities and have substantially improved technology safeguards, processes, and strategies. Budgets are rising and confidence continues to climb. But while many organizations have raised the bar on security, their adversaries have done better.
This quarter's webcast features discussions on the following technical accounting issues impacting technology companies: revenue recognition, discontinued operations, COSO's internal control-integrated framework, and more.
The Digital IQ survey shows that within top performing companies, the CIO and other C-suite executives consistently talk about how technology can power strategic business goals. Ongoing “digital conversations” among the C-suite should also focus on the talent strategies needed to harness those technologies—and include the CHRO, who is often missing from these C-suite conversations.
While closed technology transactions in the second quarter declined both sequentially and year-over-year, the rise in announced and rumored deals point to a rise in merger and acquisition activity for the remainder of the year. Private equity (PE) buyers took a more active role in technology M&A with deals announced across the spectrum of deal size, including some of the largest transactions announced so far this year.
This issue of the Technology Forecast quarterly investigates how web-based companies maintain continuity amid continuous changes to production systems and explores what large enterprises can learn from them.
Embedded software use is becoming omnipresent across multiple industries. Hardware-centric product industries require flexible and adaptable software with features and functionality to differentiate their products. PwC has developed an approach to help hardware companies adopt agile practices for their embedded software development.
In the first quarter of 2013, Cleantech funding hit its lowest point in four years, declining 61 percent compared to the first quarter of 2012, and 35 lower than the fourth quarter of 2012. 61 deals were funded in the first quarter of 2013. Average deal size was $6 million, 48 percent lower than in the same period in 2012.
The software industry is in the midst of significant change. Cloud, software-as-a-service (SaaS), mobile devices, and consumerization of IT, are changing how software vendors develop, market, sell, distribute and support their products. This report ranks leading software companies from key markets around the world, and shares insights into where the industry is going from executives from Adobe, BMC Software, CollabNet, Jive Software, NetSuite, Red Hat, SAP, SAS, Splunk, and TSIA.
While the first quarter of 2013 saw technology M&A drop precipitously, the foundation is being laid for more robust deal activity this year as political and economic uncertainties subside. Software M&A was the sole bright spot in the industry for the first quarter driven by companies across industries investing in software-driven functionality and automation in products and services.
The FASB and IASB released an updated exposure draft, Revenue from Contract with Customers, on November 14, 2011, and are requesting comments by March 13, 2012. In Dataline 2011-35, we share our analysis of and insight on the overall proposal. This industry supplement to Dataline 2011-35 provides specific examples and assessments of the potential affect of the updated proposal on the technology industry.