“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.