Deloitte Private polled 500 executives from private and mid-market companies on how technology influences their businesses. The survey found that 43% of companies now spend over 5% of revenue on technology, up from 28% in 2016. Ninety-five percent of respondents said they benefit from predictive analytics, and over 70% believe reskilling employees through experiential learning and cognitive skills training will enhance their potential. Most companies are also focusing their tech investments on managing security risks and adopting 5G technology.