An Insight into the Technology world.

Analysis and Insight from Savvycom Team.
 
With the lightning contagion, the Coronavirus has been identified as a global pandemic, which pushes many governments to take serious actions to constrain the situation. The world is in chaos, and if countries fail to ostracise the virus, the global economy will be stung for quite more time. Therefore, it is our responsibility to keep you updated about the situation and business continuity management using technology.
   
Detailed Reading
 
  • As of March 24, there are 386,332 reported cases, more than 16,747 deaths and 102,333 recoveries and over 177 countries and territories infected by the Coronavirus.

  • The virus’s reproduction number is between 1.6 and 2.4, making it highly transmissible.

  • There is no official document on the extent of undetected milder cases, the seasonality and asymptomatic transmission.

  • Large-scale quarantines are happening all around the world, freezing foreign and domestic transportation.
  • Quick recovery (if other countries achieve faster rapid control than China): Global GDP growth for 2020 falls from previous consensus estimates of about 2.5% to about 2.0%.

  • Global slowdown (if other countries achieve the same rapid control as China): Global GDP growth for 2020 is cut in half, to between 1 and 1.5%.

  • Recession (case growth continues till Q3, overwhelming healthcare systems globally):  Global GDP growth in 2020 falling to between 0.5% and 1%.
  • Distend the downsizing customer base: moving your infrastructure to E-commerce platforms and design innovative marketing strategies. How?

  • Manage the “work-from-home” culture: guarantee Internet routing (increase bandwidth) and leverage your business management software. How?

  • Level up the supply chain: digitize your supply chain management process to integrate demand, supply and capacity planning. How? 
   
 
   
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