Sage Group (SGE), a provider of online accounting software, outperformed the rest of the technology sector in 2020. As a result of the company's shift to subscription services, operating earnings fell by 3.7 percent. Although this may not appear to be much, the majority of other technology companies, including US competitor Intuit, had a successful year in 2017.
In response to the announcement, Sage Group's share price fell 17% in December. However, I believe the market is overreacting. Sage is on track to more than double its recurring subscription revenue by 2020, and it is working hard to transition its clients to a high-revenue SaaS model. There will be some growing pains, but there is also the possibility of long-term profitability.
Meanwhile, Sage Group is one of the best UK technology stocks to buy on the basis of fundamentals. The company has a market capitalization of £6.24 billion and a price-to-earnings ratio of 25.4. It also has a 2.4 percent dividend return, making it one of the best income options in the technology industry.

https://www.sage.com