Studies early in the pandemic showed the tech sector (along with healthcare) holding up better than most industries in this coronavirus-induced economic slowdown. Is that still the case? And how has the tech industry responded to COVID-driven changes? The latest research from TrustRadius answers reveals some interesting insights.
Along with tech industry analyst firm IDC, TrustRadius looked at how tech companies are adapting to the current environment: how they are changing spending plans, business processes, and priorities for the rest of 2020.
The best news from the study is that 85% of tech company employees say their companies have responded somewhat or very well to our situation. Less than one in ten felt their firms had responded poorly.
Here are five more key findings from the research.