Why Tech is Deflationary in an Inflationary World

Orbit 17

Why Tech is Deflationary in an Inflationary World

“Tech is deflationary in an inflationary world…” in an Hg Orbit Podcast Special and the first of a quarterly conversation, Matthew Brockman and David Toms review trends observed across the tech sector during another eventful period in the world.

They discuss a clear divergence of sentiment in tech markets, during which growth in earnings has proved to be powerful protection against the volatility. Both guests also reflect on the longer-term secular tailwinds in enterprise software & services, with digital transformation of business activity continuing at apace.

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29th October 2025

Why Tech is Deflationary in an Inflationary World

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