Facebook Twitter LinkedIn RSS
    Trending
    • Mart Networks Launches Invinsense-Powered Cybersecurity Solution Tailored for Fintechs
    • ITU Secretary-General highlights need to bridge the digital divide for women
    • Omojola honoured with ICT Girls Torch Holder Award at International Girls in ICT Day 2025
    • From payroll feature to Pan-African powerhouse: Remita’s ₦60 trillion journey and continental ambitions
    • Igniting Africa’s transformation: Vertex Next hosts landmark digital and energy expo
    • Seven key benefits propelling MSP growth with Sophos Elevate Program
    • Q1 2025 .ng Domain Name Statistics Reflect Nigeria’s Advancing Digital Landscape
    • TD Africa reigns supreme at Huawei Day Nigeria 2025, clinching top honours
    Facebook Twitter LinkedIn
    ITPulse.com.ngITPulse.com.ng
    • News
    • Interviews
    • Blogs
    • Analysis
    • Opinion
    • Videos
    • Press Releases
    • Pictures
    • Advertise
    ITPulse.com.ngITPulse.com.ng
    Home»News»Covid-19: Begin digital transformation to survive, GlobalData advises
    News 2 Mins Read

    Covid-19: Begin digital transformation to survive, GlobalData advises

    mmBy ITPulseDecember 11, 2020
    Facebook Twitter WhatsApp Pinterest LinkedIn Reddit Tumblr Email
    Coronavirus, tools for remote work
    Share
    Facebook Twitter LinkedIn Pinterest Email

    GlobalData, a data and analytics company has advised companies in the midst of the ravaging Covid-19 pandemic not to delay ambitious digital transformation instead of sticking with what they comfortable with.

    GlobalData in its latest report titled Tech, Media, & Telecom Themes 2021 believes that delay would be a mistake as history has shown that companies that tech-enable their businesses during a recession tend to become more resilient to future shocks.

    “Targeted, tactical digital transformation will be vital for companies to survive in the new world. This is good news for IT services, infrastructure and application software companies, which have struggled in 2020 as many enterprise IT projects have been delayed, scaled back, or cancelled,” said Cyrus Mewawalla, Head of Thematic Research at GlobalData.

    He added that the way we work, shop, eat, seek medical advice, socialize, and entertain ourselves has fundamentally changed, and there is no going back. “Like all industries, the technology, media, and telecoms (TMT) sector must plan for multiple eventualities,” he advised further.

    The report states that enterprises have taken a conservative approach towards IT spending in 2020, with larger transformational projects unlikely in 2021. However, the world of ‘remote everything’ should prompt organizations to accelerate digital transformations.

    Tech companies have long recognized that spending rather than saving is the way to survive recessions. In 2008, Intel’s decision to continue to invest in research and development (R&D) in the recession put it several years ahead of competitors. The company was adamant that you cannot save your way out of a recession.

    GlobalData predicts that to aid in COVID-19 recovery, companies will rely on multiple technologies ranging from cybersecurity to cloud computing, automation, internet of things (IoT) and artificial intelligence (AI) to recover from the COVID-19-induced economic downturn that is likely to be deep and prolonged.

    For example, robots will increasingly be used to perform a broad range of functions, from cleaning supermarkets and offices to delivering packages and even offering comfort and support to the sick.  Meanwhile, AI is already being used to automate routine business processes, saving time, reducing operating costs, cutting out errors, and increasing productivity. Automating mundane day-to-day activities and obligations contributes to more efficient use of labor, with workers able to focus their time on higher-value tasks.

    coronavirus tools for remote work
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    mm
    ITPulse
    • Website
    • Facebook
    • Twitter
    • LinkedIn

    ITPulse is a wholly information technology communication (ICT) news website, with a special focus on the African continent. The website provides up-to-date biz-tech news, analysis and comprehensive and thorough insight into the continent's ICT terrain

    Related Posts

    Mart Networks Launches Invinsense-Powered Cybersecurity Solution Tailored for Fintechs

    May 19, 2025

    ITU Secretary-General highlights need to bridge the digital divide for women

    May 19, 2025

    Omojola honoured with ICT Girls Torch Holder Award at International Girls in ICT Day 2025

    May 16, 2025

    Leave A Reply Cancel Reply

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Latest Posts

    Mart Networks Launches Invinsense-Powered Cybersecurity Solution Tailored for Fintechs

    May 19, 2025

    ITU Secretary-General highlights need to bridge the digital divide for women

    May 19, 2025

    Omojola honoured with ICT Girls Torch Holder Award at International Girls in ICT Day 2025

    May 16, 2025
    About
    About

    Itpulse.com.ng is a wholly information technology communication (ICT) news website, with special focus on the African continent. The website provides up-to-date biz-tech news, analysis and a comprehensive and thorough insight info the continent's ICT terrain.

    Contact us: editorial@itpulse.com.ng

    Facebook Twitter LinkedIn RSS
    Latest Posts

    Mart Networks Launches Invinsense-Powered Cybersecurity Solution Tailored for Fintechs

    May 19, 2025

    ITU Secretary-General highlights need to bridge the digital divide for women

    May 19, 2025

    Omojola honoured with ICT Girls Torch Holder Award at International Girls in ICT Day 2025

    May 16, 2025
    Popular Posts

    Beyond SIEM: Designing Adaptive Threat Response Systems Using Context-Aware Correlation Models

    September 22, 2023

    Writing Code for Future Strangers: Engineering for unknown teams, contexts, and missions

    March 5, 2023

    Q1 2025 .ng Domain Name Statistics Reflect Nigeria’s Advancing Digital Landscape

    May 14, 2025
    © 2017 - 2025 Itpulse. Designed by Max Excellence.
    • Terms & Conditions
    • Privacy Policy
    • Advertise
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.