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UK Software Report: a view on the first half of 2020

Coronavirus continues its impact on technology businesses. Software companies with contracted revenue operating in subsectors where switching costs are high are resilient to the effects of COVID-19. The market has, however, experienced a pause in new technology investments other than remote access or mission-critical projects. Companies with exposure to the SME segment or challenged verticals such as hospitality, retail, and advertising will likely be the most impacted.

Beyond the disruption caused by COVID-19, Artificial Intelligence (AI) is increasingly becoming a component of enterprise software suites. Potential acquirors in the sector are looking for AI technology that enhances their own products and can therefore add value to their customers. Access to AI talent is scarce and serves as another key motivator for software companies looking to acquire AI businesses.

Our UK technology team examines UK software M&A the first six months of 2020 in a detailed report.

The UK technology team is led by Shah Zaki.

Read the report here: UK Software 2020Q1

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