With no end in sight for the Covid-19 pandemic, countries around the world are struggling to bring their economies back on track. Apart from the loss of life, the pandemic has also set in motion changes in the technology sector, which will have profound implications after the crisis has died down.
Hence, the need of the hour for tech executives around the globe is to turn this massive challenge into meaningful changes and outmaneuver uncertainty caused by the pandemic.
Trends Brought About By The Coronavirus Pandemic
2019 was a great year for the tech industry, but 2020’s Covid-19 situation has affected the sector adversely, plunging Q1 2020 year-on-year deal values by 26%, according to the reputed financial institution, Barclays.