Technology budgets take hits, but tech leaders keep eye on remote work, collaborative needs.

There is speculation and anecdotal accounts that the COVID-19-related shutdowns or slowdowns in business and consumer activity and closures of physical workplaces have given many companies a kick in the pants they need to speed up their pace of digital transformation. All along, digital transformation has been mainly seen among businesses under competitive threats such as tech-savvy industry disruptors. COVID-19 may be the mega-event that pushes everyone toward digital transformation.

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