The Technology sector includes a broad range of companies which are researching, developing and distributing a wide range of technology-based products and services. They can include PC operating systems, network security applications, productivity solutions and office services.
These may be delivered as consulting and outsourcing services and/or involve software and physical products. End customers may be individuals or any size of business reflecting the growing need to use technology and the internet. The Internet of Things and Cloud services have become increasingly popular and are examples of differentiating factors for investors. The shift to providing services via licensing on a subscription basis – software as a service (SaaS) – is also a rapidly growing feature of this sector. The sector is fast-moving with new products developing quickly and can be very competitive.
Analysts
Gareth Evans
Gareth has 20 years’ research experience covering the Technology sector. An Oxford University graduate, Gareth qualified as an accountant before starting his research career covering the Pan European Chemicals sector at the American Investment Bank Donaldson Lufkin & Jenrette (DLJ), later acquired by Credit Suisse. He then moved to cover the Technology sector at ABN AMRO, Canaccord and at Investec for eleven years, where he was Joint Head of Research. Gareth has received numerous awards for his work, including being voted techMark Analyst of the Year. Recognising the gap in the market for good quality research at the small cap end of the market, Gareth founded Progressive Equity Research in 2012.
Blaine Tatum
Blaine has over fifteen years’ Telecommunications and Technology research experience, covering both UK and European companies. During his career, he has held senior research positions at ABN AMRO, Salomon Brothers, (now Citigroup), and UBS. Blaine graduated from the University of Exeter with a degree in Computing and has an MBA (Finance) from Durham University. He is a member of the Chartered Institute for Securities and Investment and the Chartered Institute for IT.
