The COVID-19 Pandemic is a crisis that will have far-reaching and long-lasting consequences for society and our global economy. As the coronavirus continues to spread around the world, more and more businesses miss their financial goals due to delays in the supply chain and raising customer demand. It is also unclear how long this pandemic will last, as there is no vaccine to fight it yet, nor is there any accepted therapy to slow down the human body’s toll. What should be obvious is that COVID-19 will have a dramatic impact on most companies for months, probably years. Bottom line: this is not going to be a short-Term occurrence, and companies need to plan for the long run. During previous session Coronavirus Outbreak: Business continuity & IT Leaders priorities, we have covered some of the priorities for IT leaders
CIOs should prepare IT systems now to safely and reliably handle a vast increase in remote workers and digital fulfillment of market demand mentioned in the blog written on Gartner
Organizations have been working on digital transformation with varying degrees of commitment for at least the past 10 years, but it is not until now with COVID-19 that we will see the digital transformation inflection point in business model changes, enabled by the adoption of cloud services and the emerging technologies AI, IOT, business analytics, enterprise mobility and social business The widespread of coronavirus has changed the buying habits of customers and the way companies do business forever. The programs we can use without leaving our homes continue to grow exponentially every day.
Businesses are forced to use digital technologies As countries go into isolation, we are seeing people being forced to keep social differences and work from home. In times like these, digital technologies are becoming more relevant than ever before. We may not be able to remain physically close to each other, but we still need to interact with each other, both socially and professionally.
Some of the priority areas where digital transformation is accelerating:
Supply-chain
Ability to Work from Home
Telehealth & Healthcare
Remote Learning
Events Going Virtual
Teleconferencing
Digital media
Digital Banking
According to Mickensy article published March 2020, which talks about to act across five stages, leading from the crisis of today to the next normal that will emerge after the battle against coronavirus has been won: Resolve, Resilience, Return, Reimagination, and Reform
Resources: Why the corona-crisis will accelerate corporate digital transformations
The Biggest Business Impacts of the Coronavirus Pandemic
Open Tech Talk Sessions on Digital Transformation:64- Coronavirus Outbreak: Business continuity & IT Leaders priorities
63- Digital transformation expectations vs. reality
62- First 100 Days of Digital Transformation
61- How to do Digital Maturity Assessment
60- What is digital maturity and which digital maturity model to choose?
59- Where to start in organization for Digital Transformation
58- A leap from Information Technology to Business Technology
57-Architecting an operating model for digital transformation
56- A Digital Transformation Framework
54-How to make a business case of Digital Transformation
53- Human Resources and Digital transformation
52- How you will know digital transformation is achieved
51- Enterprise Architects for Success of Digital Transformation
50- Is there an end to Digital Transformation?
49-What is for ‘me’ in Digital Transformation? Part 2
48- What is for ‘me’ in Digital Transformation? Part-1
47-How to win at Digital Transformation
46- Digital Transformation – it’s all about culture
45- How to Overcome Digital Transformation Challenges
44-What are the challenges in Digital Transformation
43-What other Organization are doing to achieve digital transformation
42-How do you start a Digital Transformation
41-What are the benefits of Digital Transformation?
40-Why Digital Transformation is required?
39-“What is digital transformation? Learning the basics”
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