In a previous blog post, I discussed the less evident short-term impact of COVID-19 on your digital transformation programs, but there are so many longer-term implications. Will the current economic crisis have an impact beyond 2020? I believe the answer is yes, and it could be significant.
To understand the long-term impact of COVID-19 on the IT market, one needs to look no further than the systemic shock of the virus. It has changed economies, social systems, and consumer behaviors and disrupted supply chains. COVID-19 has become a shock for every company around the world. All of these forces colliding at the same time will materially change the way we do business, a shock that will extend well beyond 2020.
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(Insider Story)
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Source: News