There’s a transition occurring in the tech sector. The traditional sector bellwethers—computer hardware, desktop software, consumer electronics—are no longer the areas of growth. Instead, it’s all about the enterprise.

The technology sector will start to rebound in the fourth quarter, said Peter Sondergaard, head of research at Gartner.

Technology outsourcing and consulting firm Accenture reported a fall in quarterly profit Thursday, but gave a stronger-than-expected outlook for the fiscal year that began in September, supporting the view that corporate spending was recovering.