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More 'practical, productive' technology predicted

More 'practical, productive' technology predicted

More 'practical, productive' technology predicted

There could be a wide range of changes within the technology sector due to the economic downturn, with experts predicting a more practical approach.

KPMG believes that technology companies will be much clearer and more productive in the future, in terms of both their methods and the products being made.

It suggested that this will be in order to increase profits as firms look to make money more than ever.

Tudor Aw, technology partner at KPMG, stated that there will be "an enormous realisation amongst companies" that there is need for change.

"What will happen as a function of that is you'll get a lot clearer, far more focused companies that exist and can drive through technology that's useful, productive and relatively profitable for everyone concerned," he added.

"Maybe as a result of that we'll see a better bang for our buck."

A year of consolidation for technology companies has been predicted by Regent Corporate Finance Services.

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More 'practical, productive' technology predicted

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