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A measure of financial-market stress has weakened at its fastest pace since the 2008 financial crisis, Bloomberg reported Monday. Stocks traded roughly 7% lower as mounting coronavirus fears and a new oil price war drove massive sell-offs.
To better understand how a potential recession would impact digital transformation decisions, Business Insider Intelligence conducted the Recession Outlook Survey with executives from our proprietary panel. Our respondents come from a variety of industries and 40% are C-level execs, presidents, or founders.
Their responses paint a rosy picture for the future of adoption of and investment in digital technologies for the workplace — even in the face of a potential economic downturn.
Here are five key takeaways on the potential business impact of a recession in the digital era.
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