Smart money going in to mobile software and cleantech

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Wondering which technology sectors are attracting the smart money right now?

I have just seen a report from Cobalt which gives a few pointers for high tech investors.

Perhaps it won't surprise you that mobile software and environmental technologies have joined digital media as the technology sectors which investors are likely to be watching in 2009.

If anything the software services sector has become slightly less popular as a target for smart investments.

Inevitably the downturn is having its affect on investments and the report points out that while overall sentiment has declined, 55% of investors still anticipate investing more or similar amounts in 2009 than 2008, with 45% expecting to invest less.

Technology, media and telecoms, or TMT  as the report calls it, clearly remains an area of interest to investors.

This is good news for those operating in the distribution channel, as it indicates the potential for design start-ups in the UK.  

"In spite of the recession, strategic commitment to the sector continues with nearly 70% of investors anticipating their TMT teams to remain the same or grow in 2009," said Cobalt.

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This page contains a single entry by Richard Wilson published on April 21, 2009 11:14 AM.

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