Also it depends on the business model of the company, subscription based companies tend to do better through a recession because they have sustained income.
As long as the people paying remain solvent.
Companies that sell software directly do not have this sustained income, I believe that is why we are seeing a general shift to service orientated tech companies. It better for the business and better for the customer.
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Also it depends on the business model of the company, subscription based companies tend to do better through a recession because they have sustained income.
As long as the people paying remain solvent.
Companies that sell software directly do not have this sustained income, I believe that is why we are seeing a general shift to service orientated tech companies. It better for the business and better for the customer.