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THE BRIEF

By The Numbers

61% 2023

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27% 2020

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61% of participants in a study by Okta stated that their employees are more productive while working remotely – up from 27% in a 2020 study

New Okta research finds that perceptions around hybrid work among business leaders have improved since 2020, with the vast majority (85%) saying that employees who work remotely are at least as productive as when they work in the office.

Small businesses to spend US$1.45tn on technology this year

Small and medium-sized businesses will increase technology spending this year and remain upbeat despite the economic challenges, research claims. Specialist technology consulting and research firm Analysys Mason predicts that 145 million SMBs worldwide are expected to spend US$1.45tn on IT in 2023 (40% from the Americas, 30% from Europe, the Middle East and Africa, and 30% from Asia–Pacific), driven by the post-pandemic trend towards digital transformation.

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