Tech employment fluctuations have calmed over the past few months as layoff announcements from large public technology companies slow. Revised seasonal tech employment was 3,095,000 in June, the same figure as in April and May, according to the June jobs report released Friday by the Bureau of ... READ MORE >
technology
AI advancements may be easing impact of tech sector layoffs
Two focus areas in the technology sector so far this year—advancements in generative artificial intelligence and industry layoffs—may be offsetting each other when it comes to their net impact on the tech workforce. From January to April, 135,000 tech workers were laid off (according to Crunchbase), ... READ MORE >
Private equity investment a bright spot for tech, media, telecom companies
In the first 10 months of 2022, private equity investment in technology, media and telecommunication (TMT) companies increased, indicating bright spots in the investment landscape for middle market companies in this sector even though venture capital and private corporate M&A investment activity ... READ MORE >
Government services companies enthusiastic about infrastructure and 5G
The government services ecosystem in the fourth quarter of calendar year 2021 was enthusiastic about opportunities related to infrastructure and 5G. The mergers and acquisitions environment is active but somewhat throttled. Labor remains a pressing issue, but hybrid work patterns are providing greater ... READ MORE >
Technology, media and telecom industry outlook: Spring 2022
The technology, media and telecom sectors have been influential during the pandemic, maintaining and even increasing productivity, efficiency and connectivity for companies and individuals alike. The momentum within the industry shows no signs of slowing down, as investment activity continues to surge and ... READ MORE >
3 priorities for insurers in the future of work: Spring 2022 outlook
At a glance A confluence of pressures is forcing many insurance companies to reinvent their traditional operating models. Insurers are modernizing their legacy systems, creating connected networks across the enterprise, and expanding their vendor partnerships, all while improving employees’ work ... READ MORE >
The automotive sector as a blueprint for robotics in manufacturing: Spring 2022 outlook
At a glance While the automotive industry today has the highest robotic density compared to other manufacturing sectors, demand for automation is growing outside of the auto space. In 2020, U.S. non-automotive manufacturers’ robotics orders, led by the electronics industry with 23% growth, ... READ MORE >
Robots rise on the shop floor: Spring 2022 outlook
At a glance Labor challenges, along with the fact that capital is still readily accessible, have strengthened the case for companies to make investments in robotics and automation. The International Federation of Robotics projects the recent economic boom following the pandemic’s initial sharp ... READ MORE >
The rise of ESG has growing implications for the tech industry
The importance of environmental, social and governance issues is growing across the economy, and a confluence of factors is driving the importance of ESG in the technology sector in particular. Regulators are calling for companies to put more metrics around their ESG goals, and more customers and ... READ MORE >
Law firms investing in technology aren’t just cutting costs. They’re building a multifaceted competitive advantage.
The importance of profits for law firms traditionally has elevated the need for a strong business case supporting any initiative to implement new technology. For firm executives to agree to spend, they want to be sure of an impressive return on investment that will save the firm money overall. While ... READ MORE >