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Weekend edition January 13, 2023 | Shannon Smith

Remote work, need for talent are top priorities for Knoxville businesses

Results from the Knoxville Technology Council's 2022 Pulse Survey Report show trends in how area businesses work with their teams and technology.

Would you rather work from home, in an office, or a little bit of both? What technology is your company investing in? Who are you hiring?

These are questions every company has to answer as work changes and technology advances, so the Knoxville Technology Council (KTech) asked them.

The results from the recently released KTech Pulse Survey Report show how businesses in the Knoxville tech community are approaching topics like remote work, tech hiring, and technology advancement.

Starting with changes to the way people work, the results showed that since 2019, 45 percent of responding businesses said there’s been a shift towards more flexibility and remote positions. Less than 10 percent of survey takers say they would choose to work in the office full time, with the majority – just over 63 percent – preferring a hybrid option.

In terms of hiring in tech businesses, 56 percent of survey takers said the biggest challenge when it comes to hiring is having enough qualified applicants. When looking to hire, 52 percent of businesses said relevant job experience is the most important attribute in a job applicant.

Looking toward technology investments in 2023, just over half of respondents said their company’s technology budget will grow this year. The top areas of technology investment include cybersecurity, software development, data analytics, and cloud computing infrastructure. Most survey takers agreed cloud infrastructure has the most potential to change the way their businesses operate in the next three to five years.

Fore more analytics and results, you can view the survey report here.