CORONAVIRUS: IMPACT ON TECH INDUSTRY

Tech Blogs

Coronavirus pandemic has had a massive impact on the global economy. The initial outbreak in China has already disrupted the supply chains. With 125,000 cases in 118 countries, the tech industry will suffer a major impact.

  1. Disrupted supply chain

Since the global pandemic originated in China, it disrupted the supply chain. Companies around the world rely on China for manufacturing their goods and products. Since a large number of citizens contracted the disease, Chinese companies were forced to a partial and full shutdown of plants and factories. Apple is one such company that experienced a shortage of its iPhone supply. Foxconn, which is Apple’s primary manufacturer, had to shut down its plants in China

2. Need for high-speed internet

The Coronavirus pandemic has highlighted the need for high-speed internet. The lightning speed 5G internet can enable instantaneous communication and increased connectivity density. Teleconferencing has become critical for enterprise operations. The increased dependency on these areas will help in highlighting the need for 5G

3. Smart city solutions

Cities impacted by the virus have used smart city technology to mitigate the impact. Chinese police used drones with thermal sensors to identify people with fever. South Korean government has developed an app that puts self-quarantined individuals in touch with caseworkers. The coronavirus has highlighted the need for smart city solutions. If governments adopt these technologies, they can be proven helpful in a time of crisis

4. Possible use cases for VR

The outbreak has caused big tech companies like Apple, Google, and Microsoft to recommend employees to work from home. While these companies are using remote collaboration and teleconferencing tools, companies, adding extended reality tools can enhance the experience of remote working. With the help of Virtual Reality (VR) coupled with automation, technicians can practice repairing of industrial equipment without leaving their home. Workers can have a better view and share complex ideas like prototype designing. The coronavirus outbreak has created new use cases for VR

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