2022 saw an easing of lockdowns and restrictions imposed during the Covid pandemic, heralding a return to normality in many parts of the world. However, several global crises raised a new set of challenges: the Ukraine War, the climate crisis, escalating energy prices and the resulting impact on inflation, geopolitical instability as well as the threat of recession. Their impact is felt in different ways across the tech sector.
Marvin Gaye posed the question best – what’s going on? With inflation at an all-time high, ongoing political instability and a potential recession looming, we demystify the current megatrends affecting the global economy and the resulting impact on technology businesses and their people.