The technology industry continues to innovate and excite moving as it moves at a fast pace. Technology devices and infrastructure are becoming smarter and more connected, supported by emerging technologies such as artificial intelligence (AI) and the Internet of Things (IoT). Digital transformation within businesses and the wider economy is being supported by advancements in IT service provision, notably the adoption of cloud and edge computing technologies.
FCL Industry Coverage
- Advanced Manufacturing
- Artificial Intelligence
- Internet of Things
Activity in Q1 2021 was in line with Q1 2020, and 2.65% down from Q4. However, Q4 was an exceptionally active quarter given the backlog caused by the pandemic in Q2 and Q3 of 2020. Consistent with other industries, IPOs during Q1 2021 reached a record of 132 transactions, which was 4x higher than the same quarter in 2020 and a 30% increase from Q4 2020.