COVID-19 is a classic example of The Butterfly Effect. The novel coronavirus, measuring hardly a few nanometers, set off a series of events bringing the global economy to a grinding halt. The fear of contracting the virus has pinned people to their homes, businesses have suspended their operations, and stock markets have nosedived leaving gaping holes in the economy.
With enterprises everywhere staring at a sharp slump in revenue, the natural response is to start downsizing. To stay afloat, businesses are stripping their expenses down to the bare minimum. Budgetary cuts have become inevitable. Cutbacks in all forms of spending – from supplies to technologies, and sometimes even the workforce, are becoming the norm. In spite of the shutdown, certain sectors are continuing to function, albeit remotely. The new normal of remote working has put the focus on technology – the reliance on which has increased manifold times.
From a technological standpoint, how do CIOs decide what to invest in, what to keep, and what to let go? By evaluating what the solution brings to the table, that is the return on investment (ROI).
Esta historia es de la edición October 2020 de Voice and Data.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición October 2020 de Voice and Data.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Can US AI copyright law impact Indian policymaking?
The proposed Act suggests compensating original creators for content that is used to train Gen Al. This can be a good middle ground for many in tech to follow
Rise of the connected cars
Advanced features like 5G, IoT, and AI are reshaping the automotive industry in India, promising enhanced mobility and safety for drivers
Navigating chaos: Securing trust in digital communication
Amid rising fraud risks, CPaaS tools offer a lifeline. SMS, though vulnerable, remains pivotal for real-time alerts in a chaotic digital landscape
The silent communication warhorse
While 5G grabs the headlines, 4G LTE quietly fuels global mobile networks, enabling high-speed Internet and IoT growth with wide adoption and growth potential
HPE Launches Wi-Fi 7 APs for enhanced connectivity and security
Hewlett Packard Enterprise launched Wi-Fi 7 access points (APs), boasting up to 30% more wireless traffic capacity than competitors.
Getting ready for the great Indian switch
India's mobile landscape is undergoing a shift: from feature phones to feature-rich, affordable smartphones, driven by consumers' desire for a better user experience
Net neutrality takes a right turn again
Led by Biden's commitment to protecting the Open Internet, the recent FCC decision has brought the Net Neutrality debate back to the front
It is time to ghost the AI dating bots
As mobile apps and AI dating bots surge in popularity, addressing pressing concerns about privacy, data manipulation, and transparency is paramount
Will voice interfaces ever take off?
Voice as a primary user interface has shown flickers of promise but has never taken off. Today, with AI at hand, it is still failing to go mainstream
Mega deals paper some cracks for in-turmoil IT firms
Amid the tricky financial year 2023-24, IT firms saw losses in Pack revenue from their telecommunications clients-suggesting that a rejig could be in order