Deloitte study: AI Leads Middle Market Tech Spend
Mid-market technology spending is at its highest level since before the pandemic, according to Deloitte Private's "2023 Mid-market technology trends report." More than half (53%) of respondents said their organizations are spending above 5% of revenue on technology in 2023, up from the 2019 peak of 43%, and a dramatic recovery from only 20% mid-pandemic in 2021.
Since 2013, Deloitte Private has conducted the survey of mid-market private company executives from organizations with annual revenues ranging from $250 million to more than $1 billion. Quantexa weighs in ... read more here:
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