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Thomas Lah, TSIA’s EVP and Executive Director, gives an update on the state of the tech industry as of Q1 2023. In this webinar clip, he reviews the Technology and Services 50: an index of 50 of the largest, publicly traded, global providers of technology services. He touches on: • Revenue and profit trends for Q1 2023. • Product vs. services revenue trends. • Revenue, margins, and profitability for hardware vs. software companies. • Current trends in technology spending. He goes on to review the TSIA Cloud 40, an index of forty of the largest born in the cloud companies, and explain the relationship between workforce reductions, revenues, and profitability. ➡️ Watch the full webinar here: https://bit.ly/3qDHJyC TSIA, the Technology & Services Industry Association, is a research and advisory firm on a mission to help technology companies drive profitable growth by providing world-class business frameworks, validated best practices, detailed performance benchmarking, and exceptional networking opportunities. 📈 Follow us for more insights! 💡 ➡️ LinkedIn: / 587137 ➡️ Twitter: / tsiacommunity ➡️ Instagram: / tsiacommunity ➡️ Facebook: / tsiacommunity CHAPTERS 00:00-0:42 Technology & Services 50 Criteria 0:43-1:33 T&S 50 Total Revenue 1:34-2:24 Services Revenue 2:25-3:44 Hardware Companies 3:45-4:57 Software Companies 4:58-5:28 Technology Spending 5:29-6:09 Service vs. Product Spending 6:10-6:42 T&S 50 Encouraging Trends