Tech Spending in Americas, Europe to See a Recovery from Q3 of CY24: Global Tech Analysts | In the News

Tech spending in both the Americas and Europe is expected to get stronger and there are signs that tech providers may be nearing the bottom of the market, indicating a recovery in tech and tech services spending in the third quarter of calendar 2024, according to global tech analysts.

‘‘As we look at this year, we believe that the first two quarters of 2024 will continue to be difficult, however, we are seeing some signs that we may be near the bottom of the market and that we could start to see a recovery in tech and tech services spending in the third quarter,’‘ said Peter Bendor-Samuel, Founder and Chief Executive Officer of Everest Group.

Read more in The Hindu.

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