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.
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