Technology Report 2022: Tech Companies Eat Disruption for Breakfast | Bain & Company



A lot can happen in a year. Traditionally in tech, value is determined by innovation and revenue growth. This year, macroeconomic and geopolitical factors have played an outsized role. When we wrote our last report, technology stocks were still on a meteoric rise. Today the sector has been hit hard (see figures, below).

Still, CIOs and CTOs are increasing their technology spending. Of course, there may be budget pressure in the future, but over the long term, to them—and to us—tech is not so much a cost as an investment that spurs productivity.

Turbulence and disruption are in this sector’s DNA, and often give rise to fresh advances. However rocky the next year may be, technology will continue to play a central role in the global economy, helping to shape how companies create sustained value.