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Covid-19 Pandemic and Accelerated Tech Trends

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The Covid-19 pandemic is reshaping the global business environment. Read on to know the tech trends during COVID-19 Pandemic…

As the world is coming to terms with the COVID-19 pandemic, the world as we know it is going to change in more ways than one. Olden orders that were cast — from technological to business — are going to look and behave very differently in the reality of COVID-19 pandemic.

During the COVID-19 pandemic, technologies are playing a crucial role in keeping our society functional in a time of lockdowns and quarantines. And these technologies may have a long-lasting impact beyond COVID-19.

The COVID-19 pandemic has accelerated several key technology trends, including digital payments, telehealth and robotics. These technologies can help reduce the spread of the coronavirus while helping businesses stay open. And these technologies can help make society more resilient in the face of pandemic and other threats.

Listed here are few technology trends that can help build a resilient society, as well as considerations about their effects on how we do business.

Accelerated Technologies
COVID-19 has transformed online shopping from a nice-to-have to a must-have around the world. Some business units have even continued to offer happy hours through online orders and delivery. Online shopping needs to be supported by a robust logistics system. In-person delivery is not virus-proof. Several delivery companies and restaurants in the US are launching contactless delivery services where goods are picked up and dropped off at a designated location instead of from or into the hands of a person.e-commerce giants are also ramping up their development of robot deliveries. However, before robot delivery services become prevalent, delivery companies need to establish clear protocols to safeguard the sanitary condition of delivered goods.

Automation, which has so far been at loggerheads with policy makers, is going to find wide acceptance and increased investments. Technologies and businesses around near-autonomous warehouses, robotics, drone-delivery systems, and 3D/additive manufacturing are going to be in the fast lane to adoption.

The adoption of these technologies would ensure that in the event of another pandemic, “business-as-usual” is next to not being disrupted at all.

This would also mean that the fault-lines of such technologies around cyber-security, privacy, and data localization will find renewed interest and scrutiny. Nations would not want their data hubs to be oceans away in a data-center over which they have little to no control.

The Road Ahead
Today, the IT industry has become the bedrock of advanced technologies in areas such as deep-learning, which includes Artificial Intelligence, Machine Learning, Natural Language Processing, Machine Vision, amongst others. All these technologies hold immense potential to help us move into a “less contact” world that is more autonomous and resilient.

The ‘after-taste’ of COVID19 is going to linger on for a very long time to come, which will force decision-makers across the world to think of enterprises that have local sensibilities and affirmation to local realities. Adoption of technologies that would keep the ‘green-light’ on — should another pandemic of COVID-19 scale happen again — will accelerate, thus, future-proofing businesses through key technologies against pandemics.

The footnote on the technological transformation and, more importantly, policy frameworks around technologies that would enable a ‘less-contact’ society, will be a positive fallout of the Coronavirus pandemic; and, perhaps, could be a defining moment for nations such as India.

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