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INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016 open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15 |
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| Paper Title: | Impact of Coronavirus on IT Sector |
| Authors Name: | SONIYA BHALERAO , JITTA MOUNIKA |
| Unique Id: | IJSDR2112018 |
| Published In: | Volume 6 Issue 12, December-2021 |
| Abstract: | Coronavirus is an ongoing global pandemic firstly reported in China in December 2019. The lockdowns introduced to prevent the spread of the Covid-19 have stopped economic activity across many sectors, with important repercussions for firms and households. The significant weaknesses the IT industry is facing now is due to the fall in the economy, as a lot of companies are forced to ask their employees to work from home (remotely) keeping in the account of the public health concerns. Due to this, there is a massive loss in opportunity for many companies who have international dealers. The spread of this deadly virus has caused a lot of tech conferences to get cancelled, which could have been a great partnership opportunity for many companies to expand their horizons. A few of the meetings were shifted to teleconferences, but this won’t have the same reach, and the conference attendees will not be able to have the networking opportunity as they would be attending the actual conference. Due to the cancellation of these major tech conferences, there is an estimated loss in Billions of dollars in revenues. |
| Keywords: | Impact of Coronavirus on IT Sector |
| Cite Article: | "Impact of Coronavirus on IT Sector", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.6, Issue 12, page no.120 - 127, December-2021, Available :http://www.ijsdr.org/papers/IJSDR2112018.pdf |
| Downloads: | 000337214 |
| Publication Details: | Published Paper ID: IJSDR2112018 Registration ID:193753 Published In: Volume 6 Issue 12, December-2021 DOI (Digital Object Identifier): Page No: 120 - 127 Publisher: IJSDR | www.ijsdr.org ISSN Number: 2455-2631 |
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