High-Tech & Software Executive Outlook
Bearish
44%
Bullish
56%
Inflation’s Biggest Impacts on
High-Tech & Software in Q2
Talent recruiting or retention
71%
Wages
71%
Cost of
services
41%
Interest
rates
14%
Cost of wholesale goods
29%
Investment in our business
17%
M&A
17%
Inflation’s Effects on M&A in
High-Tech & Software
it’s impacting us
yes
impact
NO
37%
63%
39%
Slowing acquisitions
29%
Taking longer to close
7%
Holding off on selling
0%
Other ways
Increasing spend/focus on cybersecurity
Reducing spend overall
Nearshoring/reshoring suppliers
Paring back operations/investment in certain countries
Nearshoring/reshoring talent
Adjusting customer/client makeup
61%
39%
37%
24%
10%
46%
Potential High-Tech & Software Actions Due to Geopolitical Climate
Business’ Change in High-Tech & Software Agility Since Pandemic
About the same
29%
Somewhat improved
41%
Drastically improved
18%
Worsened
12%
Most Challenging Areas of Recruiting High-Tech & Software Talent
Executive leadership
Middle management
Back-office workers
Front-line workers
66%
83%
81%
93%
Most Challenging Areas of Hybrid Work in High-Tech & Software
66%
Maintaining company culture
46%
Bringing employees back on site
39%
Onboarding new employees
46%
Running meetings with in-person and remote participants
34%
Work-life balance
15%
Using the right workspace/
real estate
Somewhat improved
41%
Drastically improved
18%