COVID-19: Affecting the Technology Industry
As the coronavirus outbreak
continues to develop across the globe, now is the time for the Technology Industry
to consider response actions to help mitigate their risk
and prepare for how they will deal with the adverse situation
A functional plan should include establishing an interdisciplinary crisis
response team to identify and manage the risk.
- Tech Companies
are going to be putting their remote workforce capabilities
to the test in current pandemic.
This leads to serious stress on VPN networks and conference call systems
. Companies that are unprepared for this will
face the challenge of upgrading systems and their technology in an effort to reduce some stress
at the same time as others who are in the same boat but are unwilling to accept the change
, which will create additional stress and delays
Mobile World Congress
, a seminal conference in the telecom industry
, was among the first in a list of industry conferences and keynotes to be canceled as
part of maintaining social distancing efforts
. And as more employees are being asked to work remotely, the industry faces the prospect of delayed
initiatives and missed partnership opportunities
The growing need for remote interactions
amid the coronavirus pandemic has highlighted a need for 5G technology
potentially accelerating adoption in the long term.
Currently many companies are working on 5G and some of them are really close to getting the expected result.
could highlight possible use cases for virtual reality (VR) in enterprises, boosting the technology's comeback
Companies have already identified VR as a great tool to improve employee training
, but the coronavirus could prove to be the momentum
for some workplaces to implement the technology
. Almost half of business appellants are looking to use Virtual reality and other
extended reality tools to mirror a real-world training environment.