– Investments in Software biggest and further on the rise
The recently published European Venture Report by Pitchbook
(pitchbook.com/news/) is an interesting read. Being in the tech sector myself, I think we are lucky to benefit from similar effects as seen by the Pitchbook authors: “The pandemic hit various sectors quite hard, but tech-based businesses traditionally linked to venture capital have demonstrated promising growth.” In a later evaluation of the deals, the pitchbook analysts write “As industries have shifted online, established tech-based companies have been able to ride a wave of growth during the past 18 months.
With people spending greater amounts of time online—rather than commuting, entering offices, or visiting physical stores—tech companies have had more users, which has translated to increased monetisation potential.” This is all good news to us
Further good news, although for sure no surprise to anyone in this market, is the graphs showing the venture capital deal value or deal count by sector:Further good news, although for sure no surprise to anyone in this market, is the graphs showing the venture capital deal value or deal count by sector:
Software is the key sector and even on the rise. Thus, there is an ever-increasing need to good software developers. But even more important is for companies to have teams of those SW engineers working closely together in a DevOps mode and with a high productivity.
This, combined with a remote team set-up, is the heritage of pliXos. And it will be one of our key focus areas for the coming years. Our take, as published some time ago (www.plixos.com/plixos-blog): Software is - and will remain - eating the world – win with global delivery teams.
This fits very well to the statements by the Pitchbook analysts “As daily routines and working have evolved during the pandemic, we believe modern, efficient, and integrated workplace software solutions will be a core growth area over the next decade as we grow accustomed to living with COVID-19.”
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