Tech companies fret over data privacy, but ready to bet on IPO market

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Cybersecurity concerns, along with U.S. economic growth, are the two top drivers anticipated to spur overall U.S. tech industry growth in 2019.

Data privacy remains at the center of the sector’s worries, with 87 percent of tech CFOs expressing a high or moderate concern about the issue. It also ranked third in the list of companies’ biggest business priorities this year, after scaling the business (37 percent) and product or service innovation (34 percent), according to the 100 U.S. tech CFOs surveyed in BDO’s 2019 Technology Outlook Survey.

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