Life is never going to be the same. World is going to be divided into the pre Covid-19 and Post Covid-19 era.
E-Commerce plays a major role in this time than ever, connecting people and communities and helping them stay in touch with loved ones, customers, work, entertainment, news and many more.
Businesses are navigating themselves to reach for the consumers through the digital medium. People discovered that they can do a lot of things using the internet which otherwise was ignored.
Even after we eliminate Covid-19, this new found ability to manoeuvre the way we go about our daily lives is going to stay with us.
Let’s look at how eCommerce plays a major role in various domains.
Retailers
Online services are the only option for retailers in these COVID-19 times. eCommerce has never seen a surge like this before with retailers struggling to meet the consumer demands.
Lack of availability of goods at local brick and mortar stores has many consumers using the internet to make their purchases, with retailers using this opportunity to get into the eCommerce zone.
Banking
38% of consumers see Contactless as a basic need or future, Digitals wallets and contactless payment are in demand. Global ecommerce transactions were up 23% in March with countries encouraging the use of contactless payment to prevent the spread of virus from exchanging cash notes.
Digital payments are growing even though consumer spending takes a hit due to Covid-19.
Surge in Mobile Apps
With people confined in homes and spending more time with Apps, there is a surge in mobile app downloads. Mobile users are spending 87% on their time in apps versus just 13 % on the web and for app developers.
This is the time to seize the opportunity that presents themselves before app developers. Today developers all over the world are working to come up with the best version of Covid-19 Contact tracing apps.
IT Industries
Work from home or anywhere is the new norm for IT industries all over the world, with increased security controls.
With virtual and remote working taking over, significant investment in new tools technologies like 5G is expected.
Cloud and Digital adoption that reduces human touch creates a huge opportunity here to reduce the impact of coronavirus.
Rajalakshmi group of educational institutions in Chennai is familiar for their versatility of academic excellence and research activities.
In the group, Centre for Medical Imaging is formed with the objective of creating proficient solutions in medical imaging applications.
The centre has members from faculty fraternity, students, and medical imaging professionals.Ever since the onset of the pandemic COVID-19, the members of the centre discusses the research progress across global in the aspect of medical imaging to detect COVID-19 through various imaging modalities like X-Ray.
Initially, we were thinking to use ultrasound images but due to some technical issues, we couldn’t follow it up.Later we decided to use chest X-ray images and incidentally, we were able to get around 100 COVID-19 affected subjects’ chest X-ray images through open-source Canadian research forum.
With the acquired images we planned to develop an Artificial Intelligence (AI) tool to detect COVID-19 condition from the test chest X-ray image.We decided to add the provision for detecting CAP (Community-Acquired Pneumonia) besides to COVID-19 in the proposed tool.
We used 14,148 chest X-ray images of all these three classes for rigorously training the neural network inbuilt in the AI tool.
Gautam Gambhir, a current member of Parliament and former India batsman has pledged to make a contribution his salary for 2 years to the PM CARES Fund to fight against the Coronavirus pandemic.
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We all know how severely Coronavirus has affected businesses all across the globe.
While there are businesses still strangled in the tough times, you can make the smart move by investing in the right business strategy.
Here we have listed 3 super effective hacks that will help you plan the COVID19 business recovery road.
People like things that are easy to access, so working in the load time is a must form a business point.Another thing you need to focus on is the emails.
Also, make sure you keep on engaging with them on a regular basis, it will definitely help in more conversions.Address Current CustomersWell, if you are on with the COVID19 recovery mode, then you have to focus on the current customers first.
So, analyze their issues and try to create an action plan accordingly.
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With the rapid spread of the coronavirus across the globe, people have taken to their homes as per the advice of the World Health Organisation.
In a world full of generations that have never known what a pandemic is like, or how to live through one, these circumstances are indeed very unique to us all.
Anxiety levels across the world have shot up for a number of reasons.
Moreover, people without jobs or people who have recently left old jobs may feel increasingly stressed about their employment status.
Symptoms of anxiety during this time may show up in a number of ways.
Apart from a feeling of fear, panic, and worry, symptoms include changes in sleep patterns and appetite, substance abuse, difficulty concentrating, headaches, sweating, etc.