How does Hg, manager of HgT , plan for a future of optimising investment returns in the software industry? In his latest software research video, David Toms, Head of Research at Hg, speculates on what the future might look like for Hg’s portfolio. David discusses the impacts of demographic shifts on software adoption and ongoing innovations in the tech and software space. Watch the full video here: https://lnkd.in/dZs3YVjY Capital at Risk. Discover more about how you can access Hg’s investments at HgT here (https://lnkd.in/eYSQUMCN)
We're excited to share the first chapter of David Toms' latest software research video! Dive into the insights on how software spending is evolving in response to a shifting labor market. Key Highlights: - Global labor costs exceed $50 trillion, yet less than $1 trillion is allocated for worker support. - Developed nations are facing a declining working-age population and rising labor costs. - Workers are becoming more selective about job engagement, impacting labor costs and software spending. - High-cost sectors like financial services are particularly affected. - As labor scarcity increases, so does the demand for software, while innovation continues to drive supply. Click the link to watch and gain a deeper understanding of these critical trends. https://lnkd.in/dnrqFGpi #SoftwareResearch #LaborMarket #HgWealth #Innovation #FinancialServices