The report from StartupBlink noted that the Philippines enjoys a large remote workforce for international startups, with the advantage of having a “talented English speaking population”.
Many drones are deployed with loudspeakers to enforce curfews and surveil areas for security purposes, which poses a big opportunity for aerospace and drone companies to increase sales to government agencies.
Hospitality and tourism-heavy industries like transportation and personal and consumer services are expected to be the most negatively impacted markets, along with construction.
The study showed that digital account opening is rapidly becoming the norm in the Philippines, with 76 percent of consumers saying they would open some kind of financial account online.
Gartner predicts that by 2024, in-person meetings will account for just 25% of enterprise meetings, a drop from 60% prior to the pandemic, driven by remote work and changing workforce demographics.
Tech giant Accenture has released a new research detailing six building blocks of systems resilience, as well as recommended actions, for organizations to take moving forward, especially in relation to future disruptions.
Wearables have been affected by the Covid-19 pandemic because consumer interest in buying non-essential devices has dropped in the first quarter of 2020, along with the issues associated with a hampered supply chain.