COVID-19 Is Forcing The Digitization Of Inundated Industries
Sectors Being Accelerated And How You Should Respond
COVID-19 is an accelerant for innovation.
Innovation gains market share at an accelerated rate during crises because conditions make for faster, cheaper, and creative ways to solve problems.
You might be experiencing this digitization directly through your business, lifestyle, home or school. The reliance on video conferencing platforms like Zoom has grown exponentially — as have the concerns of security and privacy. “The need to work remotely is driving new interest in products that could put the digitization movement ahead of schedule,” wrote cryptocurrency journalist, Aislinn Keely.
COVID-19 doesn’t just bring problems to the surface, it reveals what is pandemic-resistant as well as new areas to consider investment. For example, gaming usage has shot up since shelter-in-place orders were set in place. The eNASCAR Pro Invitational iRacing Series event from a virtual Texas Motor Speedway, drew 1.3M viewers, breaking the previous week's record. Video streaming has also seen a bump, up 12% during peak usage hours…
