To suggest that this marks the end of the office as we know it is absurd, as face-to-face discussions are better for communication and the social aspect of the work environment cannot be overstated.

But people have adapted to home working and the systems are in place to make it happen. A balance of office and remote work is certain to be a feature of any post-recovery world.

This means that two of the major themes within the wider technology space are likely to be at the vanguard of sector beneficiaries namely cloud computing and cyber security. These areas of spending are not discretionary in the current environment.

Cloud computing essentially the centralisation of data on third-party severs that makes information available to many users over the internet will clearly be a winner. Of course, the whole point of thematic investing is to position investors in a trend for long-term returns, not just the current market circumstances.

Cloud computing meets these requirements, too, as the advent of 5G mobile services will continue to drive opportunities in the sector.

Decentralised working also means that cyber security is a must have, rather than a discretionary spend. Indeed, since the Covid-19 epidemic grabbed the headlines, there has been a leap in phishing emails from criminals trying to exploit it.

Link:

Why you need to be targeted when investing in technology - Telegraph.co.uk