Security News > 2020 > July > Business climate may be stabilizing for tech companies

Business climate may be stabilizing for tech companies
2020-07-01 18:58

Technology companies continue to see customer interest in cybersecurity, cloud computing and other areas, perhaps indicating that the business environment is stabilizing, according to a new survey by CompTIA, a nonprofit trade association for the global tech industry.

Among US companies surveyed 44% have applied for a Payment Protection Program loan from the Small Business Administration.

Managed service providers and technology solutions providers accounted for about three-quarters of the companies surveyed that sought financial assistance from the federal government.

The percentage of companies that reported making staffing changes has leveled off-56% in June compared to 58% in the last survey.

CompTIA surveyed 231 executives from its member advisory councils and communities on how their companies have been impacted by COVID-19.


News URL

https://www.techrepublic.com/article/business-climate-may-be-stabilizing-for-tech-companies/#ftag=RSS56d97e7