cxo voice
  • Home
  • News
  • Leaders Talk
  • Expert Opinion
No Result
View All Result
  • Home
  • News
  • Leaders Talk
  • Expert Opinion
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home News Business

[Opinion] Key solutions that will become commonplace in the post-COVID-19 business ecosystem

Agnelorajesh Athaide by Agnelorajesh Athaide
May 7, 2020
Reading Time: 4 mins read
business solutions for Post-Covid-19

Image: Agnelorajesh Athaide

Share on FacebookShare on Twitter

Technology has been an accelerator for international business, for the past few years. From Startups to MNC, all are in different levels of technology adoption, in accordance with their immediate needs and capacity. However, the COVID-19 pandemic and the resulting lockdown has brought a unique focus back on the urgent need for the business to adopt digital technology solutions and modern tools to not only get through the pandemic but also to sustain a competitive market and be prepared for future crisis. 

As a result of this focus, there is a sudden interest among businesses of all sizes to create a robust technology infrastructure for themselves, which can be helpful in case of a future crisis. And the post lockdown era is going to see a rapid increase in key technology solutions by these businesses. These would mostly address the need for solutions that aid secure remote working access, secure source of data exchange, and provide agile solutions. In line with this, here are four key solutions that are set to be popular in the Post COVID-19 business environment: 

1. Offline to Online:

The power of digital engagement is out there for everyone to see! Especially in the last few weeks, it has been sharply visible. Even SME or and MSMSE’s businesses are now adopting digital solutions and tools like websites, digital newsletters, blogs, digital conferences, workshops, and webinars to connect with customers and stakeholders. As an increasing number of people embark on video calling apps like Zoom and Skype, the shift from offline to online engagement is taking place at a fast pace and is going to be here to stay! 

2. Secure Data Servers: 

Even as a vast number of are forced to turn to insecure or poorly enabled data connections and transfer platforms available at home, companies are waking up to the threats of phishing and data security. Currently, due to the work from home directive, a large amount of confidential data is being shared on public servers/ platforms, making it highly vulnerable to data breach and hacking. As the trend for work from home gains momentum and a fair support post-COVID-19 pandemic, businesses will be actively looking to secure their data through solutions that can be customized to meet the needs of their remote working employees. With centralized data storage and features with secure remote access, the post lockdown business ecosystem is going to revolve around robust cloud infrastructure mostly.  

3. Digitization in HR: 

Managing employees when working from home or through a remote access desktop requires an efficient digital HR system that can measure attendance, performance, log in and log out times, etc., for employees who don’t physically work from the office on a daily basis. Features like secure login, automated records of a time when logged in to measure daily work hours, etc., can go a long way to ensure companies can provide a remote working opportunity to their employees without compromising on monitoring their work performance and attendance.   

4. Digital payments: 

One of the most prominent features of the lockdown due to the pandemic has been the rise in digital purchases for both products and services. As this boost to e-commerce continues to rise, innovations in digital payments gateways, led by new-age fintech companies, are set to rise. From Paytm and UPI based payment apps, the secure payment gateways on brand websites, single product e-commerce gateways, and even cashless payments on delivery etc., are areas that are gaining popularity. 

ADVERTISEMENT

While the world economies are grappling with the fear of an impending slowdown, business processes in a post-COVID-19 era are going to be strongly driven by the 4th Revolution. While most SME’s and MSME’s businesses had been looking at adoption of new-age technology solutions as an ‘out of league’ or a ‘future’ investment, the pandemic has accelerated the need for early adoption, with hopes of a sustainable business during the lockdown and generating higher ROI in the long run. Be it automation, CRM, ERP, IoT, or ML, most companies will be looking at a well-planned strategy to scale up and be a technology-enabled, highly productive, next-generation business.

Disclaimer: Author of this article is Agnelorajesh Athaide, Views expressed in this article are his own

  • Top 6 Things to do After the Lockdown: for SME and MSME Businesses
  • Innovation Led Business Strategies are Driving New-Age Businesses
  • Five key factors every SME/ MSME needs to follow to ensure speedy business revival post COVID-19

Agnelorajesh Athaide

Agnelorajesh Athaide

Agnelorajesh Athaide is a Serial & Social Entrepreneur, Real Estate Developer, Global Citizen, Educationist, Angel Investor, and Motivational Speaker. Mr. Athaide Co-established established Business Opportunities Club (BOC) for entrepreneurs to learn and grow.

Related Posts

Tech Mahindra joins Retalon to create digital solutions for retail and CPG businesses
Business

Tech Mahindra joins Retalon to create digital solutions for retail and CPG businesses

January 11, 2023
Technology remains the main driver for insurance companies to scale and grow in 2023
News

Technology remains the main driver for insurance companies to scale and grow in 2023

January 10, 2023
Startups should embrace a down-round and restructure their firms: Flipkart CEO
Business

Startups should embrace a down-round and restructure their firms: Flipkart CEO

November 22, 2022
Elevate UX & CX with Automation supported by Digital Infrastructure Management Services 
Business

Elevate UX & CX with automation supported by digital Infrastructure management services

November 16, 2022
Why CCTV system is important for your business
News

Why CCTV system is important for your business

November 15, 2022
data loss prevention (DLP) usese
Cyber Security

Slack Security Concerns and DLP solutions

November 3, 2022
5G Network
5G

5G Network in India: An Enhanced Speed with Seamless Video Streaming

August 18, 2022
AI in Finance
AI

Five Steps To Successfully Implement AI in Finance

August 10, 2022
Load More
Leave Comment
ADVERTISEMENT

Expert Views

How Travel and Expense can pave the way for responsible spend culture
Opinion

How Travel and Expense can pave the way for responsible spend culture

May 24, 2023
Data at Rest
Cyber Security

Data at Rest – How Data Encryption and Data Security Beneficial to IT Teams?

May 8, 2023
SaaS Rising: India is Ready for its Next IT Moment
Opinion

SaaS Rising: India is Ready for its Next IT Moment

January 31, 2023
Technology remains the main driver for insurance companies to scale and grow in 2023
News

Technology remains the main driver for insurance companies to scale and grow in 2023

January 10, 2023
Supply Chain Attacks – The Open Source Effect
Cyber Security

Supply Chain Attacks – The Open Source Effect

January 3, 2023

Latest Updates

ARM

Arm launches new chips to boost smartphone performance

by IANS
5 hours ago

Yubi acquires digital credit analytics firm FinFort Infotech

by IANS
4 days ago

digital transformation journey and cybersecurity of digital business

Worldwide Government IT Spending to Grow 8% in 2023: Gartner

by News Desk
5 days ago

LG Electonics TV

LG announced OLED TV line-up in India, including 97-inch TV

by IANS
5 days ago

Capgemini launches 6G research lab in India

Capgemini launches 6G research lab in India

by IANS
5 days ago

How Travel and Expense can pave the way for responsible spend culture

How Travel and Expense can pave the way for responsible spend culture

by Srivatsan Santhanam
5 days ago

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Inerviews

Interview with Prasanna Arikala, CTO, Kore.ai on AI chatbots
AI

Can AI chatbots enhance customer experience and reduce the cost of serving customers?

-
Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain
Cyber Security

Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain

-
Axis Bank's Cloud-driven digital banking solutions
Banking

Axis Bank doubles down on cloud based digital banking solutions

-
digital-first strategy
Banking

Jana Small Finance Bank’s digital-first strategy enhances customer experience

-

Entrepreneur

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

Technology Adoption For Entrepreneurs

Volunteering management is the need of the Hour

We bring business leaders' opinions and unique ideas on what’s happening in the market and its impact. Also, get the daily news, analysis, and insights.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

contact@cxovoice.com
  • Home
  • About
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

© 2023 CXO VOICE

No Result
View All Result
  • Home
  • News
  • Leaders Talk
  • Expert Opinion

© 2023 CXO VOICE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/