VR Challenges COVID-19: Living a second life during a pandemic. Researchers, businesses and innovators around the world are using technology to mitigate the effects of the global health crisis. With the outbreak of the coronavirus epidemic – and then the pandemic – the global economy faced enormous losses in the areas of trade, tourism, technology, logistics, aviation, the restaurant business, advertising, sports, and entertainment. Stock markets are collapsing, and national governments in the face of uncertainty are not able to coordinate their actions and agree on mutual assistance. All this, together with the introduction of quarantines and the transfer of employees to remote work by companies, will inevitably affect the industry.
As for the technology industry, the economic and social consequence of coronavirus has been the weakening of the close ties between Silicon Valley and China, where the epidemic has erupted. This applies not only to production but also to the availability of labor in the form of highly qualified engineers, investor funds and academic cooperation. In the field of high technology, companies that are directly related to China were the first to feel the effect.
But let’s take into account the second side of the coin. Coronavirus not only accelerated the digital transformation of enterprises – many had to transfer almost all processes online but also forced scientists to find new ways to use high technology for their own purposes. All means are used to combat coronavirus, including artificial intelligence and big data.
Ideas speak louder than crisis
Analysts at IDC (International Data Corporation ,an international research and consulting company based in the United States) have concluded that the COVID-19 epidemic is promoting technology for remote work. Already, the top 3 of the Chinese AppStore includes messengers for corporations and applications for online conferences. Distance learning is gaining popularity – the demand for online education is growing.
Ample opportunities open up for online businesses with a minimum of staff. Some food delivery companies have already arranged the work so that the client does not interact with the courier.
On this principle, some online stores began to work. IDC experts say the conditions surrounding the COVID-19 epidemic are great for investing in innovation. Moving in this direction, companies can grow strongly in a short time and significantly increase net profit.
The IDC study claims that the epidemic motivates the Chinese government to introduce new information technologies at the state level. Thus, the prospects for promoting fresh solutions of big data and digital-platforms are born. This will present new opportunities for the construction of smart parks and entire cities in order to relieve overpopulated agglomerations and evenly distribute people throughout the country.
The COVID-19 flash will be the impetus for the advancement of robotics. This statement is from a report by IDC analysts. According to forecasts, demand for industrial robots that are able to control supply management systems will soon grow. China already has a national program, China + 1, aimed at reducing labor costs through technology. It is possible that after the epidemic the strategy will receive additional funding.
What will happen next? Right. IT technologies will drive people into the online environment. According to the most conservative forecasts, 1 billion new users will come to online services. Of course, there will be an outflow back to offline later, but when they come offline, people will not leave online either, having assessed the possibilities.
“Crisis is a time of opportunity. For all”
What picture we have afterwards?
An ocean of opportunities !
-cyber industry and others
And these businesses have huge potential for growth! A quantum leap in development will follow in AI, VR, AR.
In the near future, we, sitting at home, will be able to:
– be anywhere in the world;
-receive excellent online education (and it will be no worse than offline using the capabilities of VR, AR will be, perhaps, better than the current offline education);
-train at home with the best athletes and cyber players and play sports.
Both regular and eSports;
-make purchases and try on our own digital double clothes, shoes, etc.
But still about the main thing. The phrase is not new, but crisis is a time of opportunity. For a small business. For startups. For all.
What to do now? It is necessary to divert attention from the focus to the coronavirus and focus on opportunities and new directions. On the development and search for new horizons for your business. To bounce, you have to sit. To get an impetus for development – you need to get stress. Stress strikes harder where relaxed and bask.