Will Tech Lead the Way to Recovery?

Maybe it’s all the sunshine in Silicon Valley, but tech executives are feeling pretty good about the future–at least their part of it.

Eighty percent of tech companies said that business conditions will be better a year from now, according to a survey of senior executives at 130 tech companies by consulting firm KPMG. Seventy-eight percent of these executives said that they expected revenue to rise next year, and 72 percent expected increased profits. In all, 57 percent of the tech execs surveyed by KPMG expected the economy to have recovered by next year.

None of this is all that surprising considering some of the positive economic news in recent weeks. But 66 percent of the tech executives thought that the tech industry would recover faster than the economy as a whole, and only 17 percent said it would be later.

Read the rest of this post on the original site

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »