From working remotely and adapting to a new office environment to retail shopping slowing down, what were once trends in one direction have shifted in other directions due to the pandemic.
Here are some of the trends taking shape in today’s new world.
This is the most common trend that has come out of the pandemic. While being locked down for more than three months across the world, offices had to spring into action and work remotely.
Many office spaces are downsizing as people choose to stay home. The cost-savings alone are a huge indicator of how this trend is affecting real estate.
According to the New York Times, “Manhattan faces a reckoning if working from home becomes the norm.”
Working from home requires the best capabilities at your disposal. Large companies need to provide their employees with state-of-the-art technology and competencies to keep on top of the ever-changing technology backdrop. More sophisticated solutions for day-to-day are needed. Furthermore, expect to see a rise in upgrading Wi-Fi, networking, and platforms to communicate efficiently.
Sluggish retail sector
Sadly, many retail stores have been closing after being forced to shut for months. The amount of money lost is staggering. More people are switching to online shopping and companies have had to ramp-up quickly to get on board to handle the demand for everything from the delivery of the products.
One plus is that the demand for warehouse space will be fast-tracked to accommodate e-commerce products. Sadly, commercial real estate is declining as many restaurants, retail, and smaller stores have closed.
David Bressler, Sr. Director, Product and Solution Marketing
Changes in Healthcare
Remote healthcare is on the rise – not exactly bedside manner – but part of the new normal. Who would have thought? This is not to say that in-person visits are gone forever, but more people are turning to remote sessions with their doctors.
Healthcare providers have had to acclimate to this fact and take time to speak with their patients via different platforms to provide prescriptions and counsel daily.
Telehealth and digital medicine have proved their worth in both rural and urban environments. Remote healthcare is here to stay. Now is the time to reassess security and move to API-enable core systems.
Ruby Raley, VP Sales, Healthcare and Life Sciences
Public cloud adoption is going up – way up!
With the new world comes new applications. While people continue to work from home in greater frequency, this brings the need for further cloud adoption and applications.
Technology companies are seeing a greater surge in digital transformation, innovation, and migration necessities. Companies need to adapt and stay up to date with digital trends. Enterprises that lag in this category will disappear if they stay on with legacy technology.
Security is a must
When you work from home, you need better security measures in place. More development and attention will be given to security.
Expect to see companies putting in place more security processes from SSO solutions to new password requirements. Firewall rules, encryption, etc., are on this list to boot.
Many companies are scrambling to stay afloat. The future will be unveiled as the enterprise’s prior strategies get shifted to meet the changing day-to-day evolution.
Additionally, more companies will be acquired to stay afloat to compete. There will be a lot of mergers and acquisitions for two reasons:
- First, priorities have shifted, and the vendors need to rapidly adjust portfolios and staffing to meet new requirements.
- Second, companies facing hardships are inexpensive to buy making it easier for large companies to come in and modernize.
As the world keeps disrupting, companies will have to adapt.
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