The pandemic has had a dramatic and adverse impact on companies of all sizes and geographic locations over the course of the past several months, including lost revenue, reduction of staff and cuts in IT budgets and spending. However, as we look back, there were some positive aspects as well, and more to come as plans are put in place for a post-COVID recovery.
Most companies, for example, were able to quickly pivot to a work-from-home structure to support employee safety, sustain and even increase productivity, and for the most part keep business activities on track. The transition has been so successful that many organizations plan to keep a portion of their workforce remote for the foreseeable future, in part to provide resiliency in the face of uncertainties. Weaknesses in IT infrastructure, process, and resources also became very apparent during the pandemic, pushing many companies to reduce or eliminate legacy debt, improve security, and increase investments in cloud services.
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(Insider Story)
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Source: News