NASDAQ is only down 9% for year to date......after the bounce.
There was interesting feedback from Accenture a couple of days ago on outlook for digitization in the Q report.
1. Calendar Q 1 . Started very busy. Then during CV19, many vendors offered special deals , install now...worry about paying later.
2. Activity will soften in Q2 and Q3 because companies priority is to retstart their businesses.
3. Outlook for Q4 and 2021 is very strong. They have ,many consulting bookings. Digitization is mission critical to all enterprises. (i) ECommerce is more important than ever. (ii) Cost effectiveness. The digital enterprise and workplace is essential to remain cost competitive (iiii) Those without data analytics will be dinosaurs.
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