Malav Parekh is research analyst on the Voice of the Customer team of 451 Research, a technology research group within S&P Global Market Intelligence. In this role, Malav studies the impact of macroeconomic factors on businesses and technology adoption, covering topics such as connected devices, IT spending intent, cloud adoption, digital transformation, and environmental, social and governance. Additionally, he is one of the analysts on the Technology Spend Intent Indicator product and member of the DRIVE DEI leadership group. Before joining the TMT group, Malav worked as industry editor for S&P Global Market Intelligence’s News team, leading a global team of editors and journalists in covering the global consumer industry with a focus on Asia-Pacific. During his seven years with the MI News team, he managed news coverage and newsletters in the TMT, automotive, consumer, and food and beverage sectors. He has 16 years of editorial experience. Malav received a Bachelor of Science degree in physics from St. Xavier’s College, Gujarat University.
US businesses and consumers demonstrated an overall and increasingly positive attitude toward technology spending in the third quarter of 2024, the fourth consecutive quarter of positive intent, and a slight increase from the previous quarter.
Tech Demand Indicator is a representation of near-term intention to spend money on technology among businesses and consumers, based on a composite of survey responses from individuals driving technology spending decisions in both categories.
Our Macroeconomic Outlook, SME Tech Trends, Generative AI Adoption 2024 survey looks at IT spending trends among small and medium-sized enterprises, as well as adoption of generative AI among these organizations.
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