As in previous quarters, the Americas region is expected to be the engine for growth, with a predicted year-on-year growth rate of 20% and anticipated revenue of 179m euros ($216m). This level would only represent a 3% sequential improvement but Goldman Sachs believes this is conservative and expects more. EMEA revenue is expected to be 4% down on the year, in part because it has to compare with an excellent third quarter last year.
Several vertical industries are also expected to be contributors to growth with demand stemming from the manufacturing, oil and gas, utilities, public sector, and retail sectors. There is also a suggestion that demand has increased in the pharmaceutical sector.
