How Technology Helps Businesses During This Pandemic

  • The Covid-19 pandemic is a really difficult time for all. It has triggered a panic button all over the world as a medical emergency, disrupting the global economy and hitting businesses hard in the area of operation and survival.

     

    The consequences such as social distancing, lockdowns, low production/demand, lack of labor, and a high degree of uncertainty, have questioned their continuity. But digital technology has helped pandemic hit businesses to keep up and running like least affected.

     

    Thankfully, many tech companies are promptly offering next-level digital technology to keep their businesses operational even amidst the crisis. As the need for digital infrastructure has grown for businesses during this emergency, solutions like custom app development and cloud computing have proven beyond useful.

     

    A Reality Check for Businesses

     

    From retail, healthcare, and finance industry to grocery, apparel, and salon, every industry has to quickly adapt to the new situation; to serve their customers safe and fast. They have to consider options of virtual contacts, eCommerce tools, and technologies to respond to this crisis-ridden situation in a better way. These drastic changes in business sectors are long-term.

     

    Pandemic and Contribution of Tech Stacks

     

    Businesses are left with no option but to digitize all or some part of their activities to protect customers and employees put under travel restrictions due to the pandemic. Some of the tech stacks have already confirmed that they are getting a record number of requests for the implementation of remote work and digital services across multiple domains.

     

    Again, shopper behaviors and ways of interactions have changed considerably, and the demand for digital technology is likely to continue in the future. Nearly around 75% of shoppers are using digital platforms for the first time. Web and mobile app development companies have to make sure that the approaching businesses are digital-ready and don’t miss a single customer in this unstable condition.

     

    Recent data from McKinsey (Source: Covid-19 US Digital Sentiment Survey) shows the accelerated rate of digital adoption among US businesses and customers in different industries.

     

    Challenges and Digital Adoption in the Press

     

    The Covid-19 pandemic has thrown many challenges at businesses – the most important being the company management and financial stability, thus making business resiliency and continuity their ultimate priority.

     

    There are a few other areas where businesses are facing challenges such as reducing operation costs, maintaining data security, etc. Digital technology helps pandemic have a low impact on businesses by taking their eCommerce development to the cloud platform and automating the whole business from supply chain to sales management.

     

    Digital Transformation to Address Pain Points

     

    Digital technology is a savior for businesses in pre-Covid19 and post Covid19 era. It is not just a good to have a feature – but a necessity for companies to weather the effects of the pandemic.

     

    And as businesses now come to consult with tech companies more and more, they are seen struggling in the following areas:

     

    • Deploying remote staff
    • Reaching out to customers virtually
    • Remote access to business activities and details
    • Adding to agility and competence
    • Stay safe against new cybersecurity-related issues
    • Cutting down operational costs and improving supply chain activity

     

    While businesses are undergoing organizational, cultural, and social change, tech companies have been providing the required support to help them cope up with it gradually.

    Click here to read the full article.