While many countries have made some progress in moving back to some form of normalcy, how many of us can honestly say that we remember life pre-COVID? While some of us may be quietly yearning to go back to life in the office, many of us have now become comfortable in our ability to work remotely. It’s no longer difficult to order anything from online marketplaces. A viable alternative to a gym may even be using workout apps.
Some products have empowered customers in their daily chores, while others have helped numerous firms survive the COVID-19 pandemic by providing a more convenient method to work from home. Each of us had to learn how to complete “offline” tasks online. For instance, companies have to find an online solution to plan fairs rather than renting a conference space.
During the crisis, the use of online technologies has increased dramatically. For instance, Zoom, an online collaboration platform, currently receives 300 million visits every day as a result of many organizations being forced to transition to remote work. The rising need for internet communication has also caused this company’s sales to quadruple.
Additionally in the latest article, following the COVID-19 pandemic, Hopin, an online platform for holding virtual conferences, doubled its market value, reaching a $5.65 billion valuation. During the pandemic, the popularity of another VC-backed firm, Clubhouse, an audio chat platform, skyrocketed, with over 3,000,000 downloads in the App Store and a $1 billion value.
1) Automation of the law
A law practice is still viewed as a rather conservative enterprise. In order to discuss collaboration and sign documents, clients and attorneys typically get together for lunch. Email isn’t the best way to establish relationships. The crisis, however, has altered this mindset and increased interest in online legal technology among attorneys and clients.
Managing client-related operations and sustaining productivity at the same levels without in-person client interactions became increasingly challenging during the pandemic. For this reason, legal companies began investigating techniques like contract automation to deal with it.
2) Tools for cloud communication
Landline phones stopped being available as many businesses were forced to relocate their staff to home offices. There are a few conventional firms that still heavily rely on landlines, even though many digital companies would never even remember what a landline is. Companies that used landlines had to choose a VoIP service to accommodate this. VoIP has helped companies to remain agile and provide customer services through different platforms, like laptops, tablets, and smartphones.
3) Development organizations
Many firms have been able to diversify their revenue streams by going online. Those who have embraced technology and begun making sales online will probably wish to expand this channel further in the future. If not diversifying sales, what can assist one remain resilient to any crisis? Development firms flourish there since they receive more requests to create websites, SaaS applications, and marketplaces.
The crisis has caused retail companies to concentrate more on creating a marketplace, fitness establishments to begin creating fitness applications, and restaurants to allow customers to place online food orders. The trend toward digitalization is here to stay. Just consider yourself: haven’t you begun to value meal deliveries or placed orders for anything online?
More companies will need to hire developers as the demand for digital products rises.
4) Tools for software as a service (SaaS)
SaaS applications are increasingly indispensable for many employees as more companies shift to remote work. SaaS technologies facilitate quicker adaptation to a remote environment in a number of domains. Following the epidemic, these SaaS remote working software tools will play an essential role in our daily life.
Teams can maintain objective alignment when working remotely with the help of communication platforms like Whereby or Slack.
Invideo and similar online video editing tools make it easier for creative and social media teams to create content without necessarily doing a studio photo shoot.
With comprehensive project time tracking such as Controlio, remote teams can be more productive and responsible for achieving their goals.
Solutions like Hive help teams make the most of remote work and better meet project deadlines.
Traditional businesses are now able to continue operating online and maintaining their viability thanks to dependable web hosting providers. Additionally, they will help these companies diversify and remain crisis-proof.
5) Consulting for marketing
Due to constraints, some industries, like restaurants and physical stores, have suffered greatly throughout the pandemic. You may anticipate that many of these enterprises would look for ways to restore cash flow after the pandemic is over, and some of them will even look for ways to pay off their obligations.
It would seem sensible for businesses impacted by the crisis to concentrate more on gaining new clients. These companies will receive a scalable strategy for rebuilding their clientele from marketing consultants, agencies, and freelancers.
Marketers will be in charge of starting PPC advertisements, devising a plan to manage social media channels for higher conversion, and ensuring that the money lost during the epidemic is recovered in an effort to engage existing consumers and attract new ones.
