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NEW YORK, Sept. 16, 2020 /PRNewswire via COMTEX/ —
NEW YORK, Sept. 16, 2020 /PRNewswire/ — For middle-market and small businesses, the COVID-19 pandemic is highlighting the vital importance of investing in new technology, facilitating remote work, and maintaining the tech-savvy workforce needed to make it all happen, according to a new survey conducted by The Harris Poll¹ for CIT Group Inc. (NYSE: CIT).
The survey found that most small and midsized businesses managed to stay open when the pandemic hit (89% small business [SB], 97% middle market [MM]).
But that often meant working in a limited capacity with reduced hours, offerings, or workforce (47% SB, 62% MM), as safety concerns and lockdowns are likely among the factors preventing normal operations.
Compared to a year ago, significantly more middle market businesses strongly agree that continuous technological investment