The COVID-19 pandemic has highlighted the vital importance that remote work capabilities and technology investments play in helping middle-market companies sustain their operations.
To better understand how businesses are adjusting, CIT collaborated with The Harris Poll on a 2020 Tech and Talent Surveyto discover how businesses are positioning their tech and talent to respond to today’s unique business conditions.
The results are clear: Since the pandemic hit, middle-market companies are busy upgrading their technology and hiring the tech-savvy workforce to leverage it. Compared to 2019, the percentage of middle-market leaders who strongly agree they need to prioritize hiring tech-savvy talent is up sharply (55% vs. 42% in 2019). Significantly more middle-market businesses also strongly agree that continuous technological investment is a vital business need (61% vs. 47% in 2019).
These and many other strategic insights found in our 2020 Tech & Talent survey can help middle-market businesses maintain their competitive edge amid rapidly changing market conditions.
The premier conference for middle-market M&A will return to the ARIA Resort & Casino in Las Vegas on April 27–29, bringing together the most influential private equity dealmakers, investment bankers, lenders, M&A partners, and strategic acquirers—all under one roof.