21st Century Business model
How the business survived in 2020? If you look at the sales of the largest manufacturing companies in the first three quarters of 2020, the number would have been terrible. Whereas if you notice the growth of Information and Technology companies they have scaled to their sky-high.
Native Business model
If you look at the manufacturing companies where you need to go 9–5 job model, need to go to the factory and start working with the machines. When working at the Large Scale production industries it require big pieces of machinery and a production environment to operate. In such cases, people depend on the environment and the machines.
Note — If you see here people need to move from one place to another place to begin their operations.
New Era of Business model
People who work in information technology still have the same model as native businesses had. Lots of Servers, Desktops, and networking devices. When the technology boom happened in 2008 big tech companies like AWS, Google started investing in the futuristic business model. Which is nothing but how to fill the gap for these immovable things? Why does the person want to go to a place and start working on the operations or day-to-day stuff? Instead, we can try out something new and take a risk to change the operations model.
Cloud !!!!!
2020, Pandemic started people were asked to go homes and production was shut. No one imagined that business would have gone like this. In these 100 years, well-developed GDP nations started worrying about how to survive this pandemic and save people's lives.
There comes the industry that changed everything…. In this world we all have been actively using the mobiles, Internet, Youtube, Netflix, etc.. was that stopped too? anything that is backed by the internet was disrupted in this pandemic? No is the answer. Because they have figured it out earlier and invested to solve this problem.
People began to work from home with their laptops and started continuing their deliverables. Those who adopted the model of Cloud Architecture never worried about their day-to-day operations.
Companies who had a breakthrough to move the working space have survived 2020. In the future business who can move easily and adapt wherever then they can scale and survive.
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