The year 2021 ended with a huge wave of activity both in volume and value.

Strong sector trends have continued to underpin the increased adoption of software across all industries and business functions. As cloud technology moves companies up the digital maturity curve, these are able to take advantage of numerous benefits from digital customer engagement, interconnected supply chains, and automation to improve workflow efficiencies and data and insights.

In addition, many software business models offer opportunity for both growth- and profit-focused investors. SaaS licenses deliver sustainable recurring revenues, and younger, high-growth software firms can be spun off into new markets.