Five ways the coronavirus will affect the connectivity and tech industry in 2020 - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

ICYMI: The telecoms and consumer technology industries continue to feel the impact of the coronavirus — here are five ways we expect they'll be affected in 2020

2) The spread of the coronavirus caused several of the most important tech conferences to be canceled, likely resulting in numerous missed partnership opportunities.canceled

due to concerns over the virus. MWC is a cornerstone event in the connectivity industry as it brings together the most important companies in the space to network, share innovations, and forge new business partnerships. Several companies rescheduled the events they had planned for MWC, but the continued presence of the coronavirus led others to cancel them entirely.

Conference attendees do not have the same opportunities to network via livestreaming as they do attending in-person events. It would be harder for marketers to casually share best practices over the livestreamed Facebook Global Marketing Summit, for instance, than it would be if the event actually took place. Though it is difficult to quantify the value of these chance encounters or informal network sessions, the effects will undoubtedly be felt throughout the impacted industries.

5G's lightning-fast speeds, near-instantaneous communications, and increased connection density makes it primed for remote interactions, which has become top of mind for many organizations and enterprises as caution mounts over the spread of the virus.

4) The coronavirus could highlight possible use cases for virtual reality in enterprises, boosting the technology's uptake.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Best rewards credit cards for paying your taxes in 2020 - Business InsiderIf you have to pay taxes, you might as well earn rewards. Even better, paying taxes with a new card can help you earn a sign-up bonus.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Coronavirus: Five key business stories to watch amid economic chaos - Business InsiderStartups are going to shut down. Hedge funds will go out of business. Cord cutting will accelerate. And work will never be the same again.
Source: BusinessInsider - 🏆 729. / 51 Read more »