Published May 21, 2021 | Version v1

The Impact of COVID-19 in the Tech Industry

  • 1. School of Engineering, Huzhou University, China
  • 2. Information Engineering, Huzhou University, China
  • 3. School of Public Finance, Taxation and Public Administration, Jiangxi University of Finance and Economics, China

Description

The past two decades were marked by the outbreaks of many viral diseases such as Ebola, Zika, Bird flu, SARS, and MERS. The world woke up to this decade with a new disease outbreak called coronavirus (COVID-19). This outbreak has thrown many sectors and disciplines into disarray. Transportation and many industries are at standstill due to shackles of lockdowns, social distancing, etc. and hence, electricity and fuel are not being used as before. One thing giving hope to some organizations and relief to people around the world is ‘’Technology’’. Data was collected by gathering information from the various websites of tech industries and results of the observations show that although other sectors strive to survive during this pandemic, the tech industry continue to find means of sustaining other sectors and therefore continue to benefit more during this pandemic. Hence, the tech industry seems to observe positive effects as compared to negative ones. This article elaborates on the major changes and benefits the tech industry has seen during this COVID-19 pandemic.

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