The current situation around countries imposing physical distancing in order to fight and delay the outbreak of Covid-19 is exacerbating the demand for cloud-based entertainment, as well as remote video applications, such as remote education services or video calling platforms.
Analyst firm ABI Research said telcos will be not only be crucial in enabling nations to manage the transition out of Covid-19 related stagnation, but also in providing a resilient national infrastructure to stimulate GDP growth.
The telecommunications services industry is proving to be one of the most resilient sectors of the global economy as anti-pandemic measures imposed by many governments have increased the consumption of telecom services.
The coronavirus pandemic and effects of the global economic recession are causing CIOs to prioritize spending on technology and services that are deemed “mission-critical” over initiatives aimed at growth or transformation.
Enterprises are acquiring spectrum directly from regulators, as well as spectrum assets held by mobile network operators, that focus entirely on providing private cellular networks for enterprises.
The study showed there were over 43 million total conversations on social media in the Philippines from March 15-23, the time when the government placed Luzon under enhanced community quarantine.
IDC said the Covid-19 pandemic is contributing to this figure by causing an abrupt increase in the number of work from home employees and changing the mix of data being created to a richer set of data that includes video communication and a tangible increase in the consumption of downloaded and streamed video.
Most of the funding was focused on autonomous passenger vehicles (APVs), surgical robotics, and warehouse automation, with significant growth for field robotics and drone services.
