GURU.Markets stock price, segment price, and overall market index valuation
The company's share price Quantum Corporation
Quantum Corp. is a company specializing in data storage and management solutions. Its stock price reflects the company's complex history and its struggle for relevance in a market dominated by cloud providers and emerging technologies.
Share prices of companies in the market segment - Soft infrastructure
Quantum Corporation is a leader in storing and managing video and other unstructured data, offering solutions ranging from software to tape libraries. We classify it as "Infrastructure Software." The chart below illustrates the overall dynamics of this segment of the IT industry.
Broad Market Index - GURU.Markets
Quantum Corporation is a data storage industry veteran, providing solutions from tape drives to cloud services for managing video and other unstructured data. Its business is part of the GURU.Markets index. The chart below compares its performance to the market.
Change in the price of a company, segment, and market as a whole per day
QMCO - Daily change in the company's share price Quantum Corporation
The daily price change of Quantum Corporation, a data storage company, reflects volatility in the IT sector. This indicator demonstrates sensitivity to technological advances and corporate spending on IT infrastructure, making it an important element of analysis.
Daily change in the price of a set of shares in a market segment - Soft infrastructure
Quantum Corporation is a veteran in the data storage market. This chart highlights the high volatility of the tech sector. A comparison with QMCO, which is undergoing a complex transformation, helps assess its risks compared to its more agile competitors.
Daily change in the price of a broad market stock, index - GURU.Markets
Quantum is a data storage industry veteran, offering solutions from tape drives to cloud services. The company's stock price reflects its struggle to find a place in the highly competitive IT industry. These fluctuations are part of the overall picture of the technology sector and its impact on the market.
Dynamics of market capitalization of the company, segment and the market as a whole over 12 months
Annual dynamics of the company's market capitalization Quantum Corporation
Quantum Corporation's year-over-year performance tells the story of its transformation from a tape drive manufacturer to a provider of comprehensive video storage and management solutions. Its market capitalization over the past 12 months reflects its success in attracting clients from the media, government, and video surveillance sectors, which are key to its survival.
Annual dynamics of market capitalization of the market segment - Soft infrastructure
Quantum Corporation, a data storage industry veteran, is transforming itself by focusing on software for managing video and unstructured data. Its goal is to compete with emerging cloud players. The chart will show how successfully it has adapted to modern requirements and how its legacy business impacts its growth.
Annual dynamics of market capitalization of broad market stocks, index - GURU.Markets
Quantum, a veteran in the data storage space, is in a state of permanent transformation. Its stock price reflects not economic cycles, but its struggle to survive in a world dominated by cloud giants. The chart tells the story of how a company with a rich history is trying to find its place in the future.
Dynamics of market capitalization of the company, segment and the market as a whole for the month
Monthly dynamics of the company's market capitalization Quantum Corporation
Quantum Corporation specializes in data storage solutions. Its business cycles are linked to corporate investments in IT infrastructure. Monthly price fluctuations reflect demand for its products, particularly in the media and entertainment segments, as well as its competitive success in the storage market.
Monthly dynamics of market capitalization of the market segment - Soft infrastructure
Quantum is a data storage industry veteran offering solutions for archiving, backup, and managing unstructured data such as video. The company helps businesses cope with the explosive growth of data volumes. The graph below shows the dynamics of the infrastructure software sector, where data management is a key challenge.
Monthly dynamics of market capitalization of broad market stocks, index - GURU.Markets
Quantum Corporation specializes in data storage and management solutions. Demand for its products depends on corporate IT budgets, making the business cyclical. The company's shares are typically sensitive to overall economic sentiment, as companies may postpone major IT projects during periods of uncertainty.
Dynamics of market capitalization of the company, segment and the market as a whole for the week
Weekly dynamics of the company's market capitalization Quantum Corporation
The weekly performance of Quantum, a data storage veteran, reflects its struggle to find a place in the modern IT world. Its stock price is responding to demand for its video and other unstructured data storage solutions, as well as fierce competition from new technologies.
Weekly dynamics of market capitalization of the market segment - Soft infrastructure
Quantum Corporation specializes in data storage and management solutions, from tape drives to cloud services. The company operates in a mature but evolving market. This chart will help you understand how Quantum competes with emerging technologies and whether its performance reflects broader trends in the infrastructure software and hardware sector.
Weekly dynamics of market capitalization of stocks of the broad market, index - GURU.Markets
Quantum specializes in data storage. The company operates in a mature technology market. The chart will show how QMCO shares react to market fluctuations: as a stable supplier with large contracts or as a cyclical IT company?
Market capitalization of the company, segment and market as a whole
QMCO - Market capitalization of the company Quantum Corporation
Quantum's market capitalization tells the story of a data storage industry veteran struggling to adapt to the era of cloud and unstructured data. Its chart reflects a long struggle for relevance and profitability. Its dynamics tell the story of its transition from selling tape drives to software solutions for video and analytics.
QMCO - Share of the company's market capitalization Quantum Corporation within the market segment - Soft infrastructure
Quantum is a data storage industry veteran, offering solutions from tape drives to object storage for managing unstructured data. Its market share reflects its efforts to adapt to the cloud era. The chart shows the company's standing as it navigates the balance between its legacy and the future of storage technology.
Market capitalization of the market segment - Soft infrastructure
Quantum, a data storage industry veteran, is transforming into a provider of video and unstructured data management solutions. The chart below shows the overall market capitalization of this sector. Its dynamics reflect the exponential growth of data volumes and the need for intelligent ways to store and analyze it.
Market capitalization of all companies included in a broad market index - GURU.Markets
Quantum is a company with a long history in data storage. Its market capitalization tells the story of adapting to new technologies, from magnetic tape to cloud solutions. Its performance on the overall chart reflects how this industry veteran is fighting for its place in a world where data volumes are growing exponentially.
Book value capitalization of the company, segment and market as a whole
QMCO - Book value capitalization of the company Quantum Corporation
Quantum Corp.'s balance sheet is comprised of its patent portfolio and data storage and management technologies (tape libraries, video archiving software), as well as capital. This is a tangible, technological foundation with a long history. How has this data storage industry veteran evolved in the cloud era? The chart below tells its complex story.
QMCO - Share of the company's book capitalization Quantum Corporation within the market segment - Soft infrastructure
Quantum is a data storage veteran that produces tape libraries and provides software solutions. The chart shows the proportion of its manufacturing and R&D assets, reflecting the physical scale behind the creation of long-term data storage infrastructure.
Market segment balance sheet capitalization - Soft infrastructure
Quantum specializes in data storage and management. This requires both software development and hardware manufacturing (tape libraries, disk systems). A book value chart will help assess which portion of its business is more capital-intensive.
Book value of all companies included in the broad market index - GURU.Markets
Quantum Corporation is a veteran in the data storage industry. Its book value is represented by its tape library and disk array manufacturing facilities, as well as its software development centers. The chart shows the physical weight of this company, whose assets are the "memory" of vast amounts of information worldwide.
The ratio of market capitalization to book capitalization of a company, segment, and the market as a whole
Market capitalization to book capitalization ratio - Quantum Corporation
Quantum is a data storage veteran. Its market price has long traded at a discount to other assets. The chart shows how investors view its struggle with legacy technologies (feed) and its efforts to transition to new ones. A premium will emerge if the market believes in its resurgence.
Market to book capitalization ratio in a market segment - Soft infrastructure
Quantum, a data storage veteran, has refocused on managing unstructured data, video, and other large files. The chart shows how the market views this transformation and its software solutions compared to its legacy hardware business.
Market to book capitalization ratio for the market as a whole
Quantum Corporation is a data storage industry veteran. Today, the company focuses on solutions for storing and managing video and other unstructured data. This chart shows the overall sentiment, but how do investors view this long-established tech company struggling to find its niche in the era of cloud storage and big data?
Debts of the company, segment and market as a whole
QMCO - Company debts Quantum Corporation
Quantum, a data storage company, is undergoing a transformation. This chart tells the complex story of managing legacy financial liabilities while simultaneously investing in new, promising areas, such as cloud technologies and big data analytics solutions.
Market segment debts - Soft infrastructure
Quantum Corporation is a data storage veteran now focusing on solutions for managing video and unstructured data. Transformation in the competitive IT industry requires investment. This chart shows how the company is managing its debt to finance its transition to new markets.
Market debt in general
Debt to book value of the company, segment and market as a whole
The company's debt to book capitalization ratio Quantum Corporation
Quantum is a data storage veteran undergoing a transformation. This chart shows how the company is funding its transition from legacy technologies to modern video and big data solutions. Debt management during the restructuring is a critical factor in determining whether the company can successfully complete its turnaround.
Market segment debt to market segment book capitalization - Soft infrastructure
Quantum Corporation specializes in solutions for storing, managing, and protecting data, particularly video and unstructured data. This chart shows the debt burden in the infrastructure software and hardware sector. It helps understand how a transformed company manages its balance sheet in the competitive data storage landscape.
Debt to book value of all companies in the market
Quantum Corporation specializes in data storage and management solutions. It is a technology company operating in a mature industry. Its financial strategy may include debt to fund R&D or acquisitions. The market's total debt load chart helps assess how conservatively or aggressively Quantum manages its balance sheet compared to the IT industry.
P/E of the company, segment and market as a whole
P/E - Quantum Corporation
This chart for Quantum, a data storage veteran, shows how investors view its transformation. The multiple reflects expectations for the company's transition from traditional tape drives to software solutions for managing unstructured data, video, and analyticsβa complex but necessary task.
P/E of the market segment - Soft infrastructure
Data storage, where Quantum is a veteran, is a market in transition. This chart shows the average valuation for technology companies. It helps to understand that Quantum, which is attempting to transition from tape drives to more modern solutions, is being valued given the risks of this complex transformation and intense competition.
P/E of the market as a whole
Quantum Corporation, a company with a long history in data storage, is transforming itself into a provider of solutions for managing unstructured data, video, and analytics. This represents a strategic shift. This chart, reflecting general technology trends, helps us understand how much investors believe in Quantum's ability to compete in new, fast-growing market segments.
Future P/E of the company, segment and market as a whole
Future (projected) P/E of the company Quantum Corporation
Quantum Corporation is a data storage company specializing in everything from tape drives to cloud solutions. This chart reflects expectations for its transformation toward software-defined storage and the management of unstructured data, such as video. The trend is an assessment of the success of this strategy.
Future (projected) P/E of the market segment - Soft infrastructure
Quantum Corporation is a company with a long history in data storage, now focusing on solutions for video and other unstructured data. This chart shows profitability expectations for the sector. It provides insight into how investors view the company's transformation and its ability to compete in the big data storage market.
Future (projected) P/E of the market as a whole
Quantum Corporation is a company specializing in solutions for storing, managing, and protecting video data and other unstructured information. This chart reflects general expectations in the tech sector. For a company serving the media, entertainment, and video surveillance markets, it shows how much investors believe in the exponential growth of data volumes.
Profit of the company, segment and market as a whole
Company profit Quantum Corporation
Quantum Corporation specializes in solutions for storing, managing, and protecting data, particularly large volumes of unstructured information such as video. Financial results, as reflected here, are driven by demand from media companies, research centers, and other organizations working with big data. The chart illustrates the company's transition to a subscription model.
Profit of companies in the market segment - Soft infrastructure
Quantum Corporation is a company specializing in data storage, management, and protection. It offers solutions for backup, archiving, and analyzing large volumes of unstructured data, such as video. This chart illustrates how the explosive growth of data volumes is driving stable demand and profitability in the data storage sector, where Quantum is an industry veteran.
Overall market profit
Quantum Corporation is a long-established company specializing in data storage and management solutions, including tape drives and cloud services. Demand for its products is driven by the ever-growing volumes of data generated worldwide. Quantum's growth demonstrates how companies are investing in the long-term preservation of their most valuable assetβinformation.
Future (predicted) profit of the company, segment and market as a whole
Future (projected) profit of the company Quantum Corporation
Quantum Corporation provides solutions for storing and managing video and other unstructured data. The revenue forecast in this chart reflects analyst expectations for global data growth and demand for specialized storage systems from the media, entertainment, and scientific industries.
Future (predicted) profit of companies in the market segment - Soft infrastructure
Quantum Corporation specializes in solutions for storing, managing, and protecting data, particularly unstructured data such as video and images. The company serves the media, science, and government sectors. This chart shows the revenue forecast for the infrastructure software sector, allowing us to assess how Quantum is adapting to the era of cloud storage and explosive data growth.
Future (predicted) profit of the market as a whole
Quantum Corporation is a company specializing in data storage and management. Demand for its solutions depends on the growth of data volumes and corporate IT budgets. This graph, reflecting corporate profit expectations, is an indicator of business readiness to invest in data storage infrastructure.
P/S of the company, segment and market as a whole
P/S - Quantum Corporation
Quantum Corporation, a data storage industry veteran, has pivoted to manage unstructured data, video, and analytics. This chart shows how the market values ββthe company's revenue as it transitions. The valuation reflects both competitive challenges and confidence in its new strategy.
P/S market segment - Soft infrastructure
Quantum Corporation specializes in solutions for storing, managing, and protecting data, particularly large volumes of unstructured data, such as video. This chart shows the average revenue multiple in the data storage technology sector. It helps understand how investors view Quantum's transition from traditional products to software-defined solutions.
P/S of the market as a whole
Quantum Corporation is a company with a long history in data storage that now offers solutions for managing unstructured data, video, and other large files. This overall market valuation chart helps understand how investors view old-school tech companies adapting to the new realities of cloud computing and big data.
Future P/S of the company, segment and market as a whole
Future (projected) P/S of the company Quantum Corporation
Quantum Corporation provides solutions for storing, managing, and protecting data, particularly video and other unstructured data. This chart shows how the market values ββthe company relative to its future sales. It reflects investor expectations for the explosive growth of data volumes and demand for specialized storage systems.
Future (projected) P/S of the market segment - Soft infrastructure
Quantum Corporation specializes in solutions for storing, managing, and protecting data, particularly unstructured data such as video and images. The company serves the media, entertainment, and scientific industries. This chart shows how the market views its transition to a software-centric model and future revenue.
Future (projected) P/S of the market as a whole
Quantum Corporation specializes in solutions for storing, managing, and protecting data, particularly video and unstructured data. Demand for its products is growing exponentially with the exponential growth of data volumes. This overall outlook is important for QMCO. Economic growth is accelerating data generation, driving demand for efficient storage systems.
Sales of the company, segment and market as a whole
Company sales Quantum Corporation
This chart illustrates the activities of a data storage industry veteran. For Quantum, it shows revenue from sales of solutions for managing and storing large volumes of unstructured data, such as video and images, for clients in the media, science, and government sectors.
Sales of companies in the market segment - Soft infrastructure
Quantum Corporation provides solutions for storing and managing video and other unstructured data. Demand for its products is growing exponentially with the exponential growth of content. This chart shows revenue in the IT infrastructure sector. Quantum's solutions are an important part of the ecosystem supporting media, entertainment, and video surveillance.
Overall market sales
Quantum Corporation is a veteran in the data storage industry, offering solutions from tape drives to video file management software. Demand for its products reflects the exponential growth of global data. The company's business is an indicator of how organizations manage the storage and analysis of their information assets.
Future sales volume of the company, segment and market as a whole
Future (projected) sales of the company Quantum Corporation
Quantum Corporation is a data storage industry veteran offering archiving, video analytics, and data protection solutions. The company's future sales depend on its ability to compete in the market with cloud providers and other vendors.
Future (projected) sales of companies in the market segment - Soft infrastructure
Quantum Corporation specializes in solutions for storing, managing, and protecting video and unstructured data. The forecast for the infrastructure software and data storage sector shows explosive growth. The graph illustrates how the need to process massive media files and archives is driving demand for Quantum's specialized solutions.
Future (projected) sales of the market as a whole
Quantum Corporation specializes in solutions for storing, managing, and protecting data, particularly video and unstructured data. Demand for its products is growing alongside the exponential growth of data volumes. This business cycle impacts the IT budgets of Quantum's clients and their willingness to invest in data storage infrastructure.
Marginality of the company, segment and market as a whole
Company marginality Quantum Corporation
Quantum Corporation, a data storage veteran, has pivoted to managing unstructured data, video, and analytics. Profitability depends on the success of this transition to a software-centric model. This chart shows how the company is attempting to transform its business and return to sustainable profitability.
Market segment marginality - Soft infrastructure
Quantum Corporation is a company with a long history in data storage, currently focusing on solutions for video and unstructured data. Profitability depends on the successful transition to software-defined solutions. This metric reflects how effectively the company is managing this transformation compared to its competitors.
Market marginality as a whole
Quantum Corporation specializes in solutions for storing, managing, and protecting data, particularly video and other unstructured data. This chart shows the company's overall profit margin. It illustrates Quantum's attempt to carve out a niche in the competitive data storage market. Its profitability depends on demand from the media industry and other sectors.
Employees in the company, segment and market as a whole
Number of employees in the company Quantum Corporation
Quantum Corporation specializes in data storage, management, and protection solutions. Its workforce dynamics in this chart reflect its transformation from a tape drive manufacturer to a provider of software-defined storage for video and unstructured data. Growth in its R&D and sales teams is key to this transition.
Share of the company's employees Quantum Corporation within the market segment - Soft infrastructure
Quantum Corporation is a veteran in the data storage industry, offering solutions for archiving, backup, and managing unstructured data, especially video. This chart demonstrates its expertise. It shows the percentage of engineers and sales professionals specializing in complex storage systems for media and entertainment that Quantum occupies.
Number of employees in the market segment - Soft infrastructure
Quantum Corporation, a data storage industry veteran, is transforming into a provider of solutions for managing unstructured data, such as video. This chart reflects the explosive growth of global data volumes. The company's growing number of software engineers demonstrates its commitment to adapting to the new reality, where video and analytics play a key role.
Number of employees in the market as a whole
Quantum Corporation specializes in data storage and management solutions. Demand for their services is growing exponentially alongside the volume of information generated worldwide. This overall employment graph is just the backdrop. Regardless of the state of the economy, the need for data storage continues to grow, providing Quantum with a stable market for their products.
Market capitalization per employee (in thousands of dollars) of the company, segment, and market as a whole
Market capitalization per employee (in thousands of dollars) of the company Quantum Corporation (QMCO)
Quantum Corporation is a data storage industry veteran, offering solutions from tape drives to cloud services for managing video and other unstructured data. This chart shows how tech companies are adapting to the new reality. The capitalization per employee here is a combination of the value of legacy technologies, new developments, and the customer base.
Market capitalization per employee (in thousands of dollars) in the market segment - Soft infrastructure
Quantum is a company specializing in data storage and management. Although it's in the IT sector, hardware production and support require a certain amount of staff. This chart helps understand the extent to which a company is hardware- or software-focused. A high score indicates a predominance of software solutions with high margins.
Market capitalization per employee (in thousands of dollars) for the overall market
Quantum Corporation specializes in solutions for storing, managing, and protecting data, particularly video and unstructured data. This chart shows how the market values ββthe company in the competitive data storage space, where innovation and adaptability to new needs are key.
Profit per employee (in thousands of dollars) for the company, segment, and market as a whole
Profit per employee (in thousands of dollars) of the company Quantum Corporation (QMCO)
Quantum Corporation is a long-established company specializing in data storage solutions. Today, they focus on cold data storage, video analytics, and ransomware protection. They offer B2B hardware and software. This chart shows how profitable their transition to software and services is. It measures how much revenue each employee generates in this highly competitive sector.
Profit per employee (in thousands of dollars) in the market segment - Soft infrastructure
Quantum (QMCO) specializes in solutions for storing, managing, and protecting data (video, unstructured data). This chart is a benchmark for the IT infrastructure sector. QMCO's effectiveness depends on the transition to software-defined solutions and SaaS models. They need to grow recurring revenue, which requires less support per dollar of revenue.
Profit per employee (in thousands of dollars) for the market as a whole
Quantum (QMCO) specializes in data storage and management solutions (video, archives). This hardware and software solution caters to large data volumes. This chart shows how successfully the company competes in the data storage market and how its team (R&D, sales) generates profits while competing with cloud giants.
Sales to employees of the company, segment and market as a whole
Sales per company employee Quantum Corporation (QMCO)
Quantum Corporation specializes in data storage and management solutions. This chart demonstrates the effectiveness of its business model. It measures the revenue generated by each employee from hardware and software sales. The trend reflects the demand for large-scale data storage in media, science, and other industries.
Sales per employee in the market segment - Soft infrastructure
Quantum Corporation is a long-established company specializing in data storage, management, and protection solutions (tape drives, object storage). This metric reflects how productive their R&D and sales teams are in generating revenue by selling their cold and archive data storage solutions in the cloud era.
Sales per employee for the market as a whole
Quantum Corporation specializes in solutions for storing, managing, and protecting data, particularly large volumes of unstructured data (video, analytics). This chart shows revenue per employee. It reflects the effectiveness of their business model, which combines hardware (storage systems) and software (management software).
Short shares by company, segment and market as a whole
Shares shorted by company Quantum Corporation (QMCO)
Quantum Corporation is a veteran of the data storage industry. Once a leader in tape drives, the company is now attempting to transition to software for managing video and unstructured data. This chart highlights bearish bets. Bears doubt the success of this transformation, citing high debt and fierce competition from cloud giants.
Shares shorted by market segment - Soft infrastructure
Quantum Corporation specializes in data storage, management, and protection solutions (archival storage, video analytics). This chart shows overall short positions in the data storage sector. If it's high, investors expect companies to begin cutting their IT budgets for storage infrastructure due to a recession or fierce competition from cloud giants.
Shares shorted by the overall market
Quantum (QMCO) is a veteran in the data storage industry. This business relies on IT capital expenditures. When this fear indicator rises, investors anticipate a recession. This means corporations will immediately freeze their IT infrastructure upgrade budgets, which will impact QMCO's revenue.
RSI 14 indicator for a company, segment, and market as a whole
The company's RSI 14 indicator Quantum Corporation (QMCO)
Quantum Corporation is a data storage veteran struggling to adapt to the cloud. The business is competitive and indebted. This chart above 70 may reflect rare signs of a successful turnaround. Below 30 is often associated with disappointing results, loss of market share, or debt concerns.
RSI 14 Market Segment - Soft infrastructure
Quantum (QMCO) is a veteran of the data storage industry. Previously, they were hardware (tape), but now they're software (StorNext) for storing heavy video (media, sports). The soft infrastructure (storage) sector thrives on hype (AI). RSI_14_Seg shows the "temperature" of the entire industry. It helps us understand: is QMCO's growth just their video niche or the general hype?
RSI 14 for the overall market
Quantum Corp., a data storage solutions provider, sees IT budgets in this graph. During periods of euphoria and growth (especially in media and AI), companies generate massive amounts of data and purchase Quantum storage. During moments of panic and recession, these large, hardware-intensive projects are put on hold to save money.
Analyst consensus forecast for the company's share price, the segment, and the market as a whole
Analyst consensus stock price forecast QMCO (Quantum Corporation)
Quantum Corp., a data storage veteran, is shifting its focus from tape drives to software and cloud solutions. This chart shows the average price forecast by analysts. Their targets are based on the success of this transformation, growth in average subscription revenue (ARR), and demand in the media and video surveillance segments.
The difference between the consensus estimate and the actual stock price QMCO (Quantum Corporation)
Quantum is a data storage industry veteran currently focused on cold data and video archive management. This chart measures the gap between the current price and the consensus target price. It shows whether experts believe the company can successfully transform into a SaaS provider of data management solutions.
Analyst consensus forecast for stock prices by market segment - Soft infrastructure
Quantum is a data storage market veteran specializing in cold (archive) storage. This chart reflects analysts' overall expectations for the entire IT infrastructure sector. It shows whether experts believe the "old guard" of data storage will survive in the cloud era or whether they believe the sector is completely dominated by the giants.
Analysts' consensus forecast for the overall market share price
Quantum (QMCO) is a data storage veteran. They specialize in cold storage solutions and management of massive archives of unstructured data (video, science). This chart shows economic expectations. It reflects analysts' confidence in businesses' willingness to invest in IT infrastructure for big data.
AKIMA index of the company, segment and market as a whole
AKiMA Company Index Quantum Corporation
Quantum is a veteran of the data storage industry. Historically a leader in tape archiving, they are now desperately trying to transform themselves into a provider of cold storage software, video analytics, and cloud services. This chart is a summary indicator of their turnaround history, weighing their slowly dying but profitable legacy business against their risky bets on new software.
AKIMA Market Segment Index - Soft infrastructure
Quantum Corporation, a data storage industry veteran, is transforming itself into a provider of video and unstructured data management solutions (e.g., in media and science). This chart shows the average index for the infrastructure software sector. It allows one to assess how successful Quantum's transformation is compared to the average.
The AKIM Index for the overall market
Quantum Corporation, a data storage industry veteran specializing in managing unstructured data and video for media and surveillance, is undergoing a complex transformation. This chart, reflecting the market average, provides context. It helps assess how this technological turnaround compares to overall macroeconomic trends and IT spending.