COVID-19 have impacted a lot of sector though there are some positive impacts of COVID-19 on tech sector. The Coronavirus (COVID-19) was first discovered in the Wuhan region of China in December 2019. Since it’s an outbreak, it has become a global health emergency, impacting at least 177 countries and territories.
The novel virus is spreading globally with a rising death toll. The World Health Organization (WHO) has declared it a global pandemic.
The new coronavirus impact is so severe that it’s already having a damaging business and economic impact. The businesses are asked to shut down to help prevent the spread of COVID-19.
The job losses and financial crisis are one of the earliest human effects of the virus. There is no part of human lives where COVID-19 has not been affected including the tech industry. While it merely has impacted negatively, but there is some positive impact as well.
What is the positive impact of COVID-19 on the Tech sector?
The recent survey on the effect of the COVID-19 has displayed a change towards the more positive and minimal impact on the tech industry.
Telecommunication and software
In this new environment of remote working, the need for business to produce high-speed digital projects has increased.
There has been a massive rise in voice and data communication usage as people are teleworking. Telecom industries have already started a huge growth in data usage as well as its network traffic.
Similarly, software companies are seeing a rise in its revenue. As schools and companies close, the software applications like Microsoft Office, Zoom, Slack, have increased demand in their service.
The impact of remote working has shown the increase in the threat of cyberattacks since the internet is overused. The companies have given data and network access through possibly unprotected networks.
This has also given people to look at their house internet and their Wi-Fi to handle the load on their network.
Sales of digital products
There has been a massive sale for smart items like cable, video doorbells, and wire-free cameras. At this time, people are setting up sensors and security home devices in their homes.
The one positive out of all this situation is that people are staying in touch with friends and families via the internet.