We all would agree to this. The year 2020 is not just like any other year. The COVID-19 outbreak marked the downfall of various prospering businesses and the people associated with it. Retail, insurance, education, travel & tourism, fintech are amongst the industries that are most affected by coronavirus.
eLearning is certainly the biggest hype during the COVID-19 outbreak. The education system, which is affected by the no-physical-movement is switching to at-home, online learning solutions. There are different ways education is delivered to the learners and Edtech businesses are cash in on it.
Industry experts frequently speak about agility, as it has become the most popular buzzword nowadays. Agility, in simple terms, is the ability to use the fastest way to get new products to the market. This is the definition of agility in normal times, whereas the definition of agility for today’s environment when the world is fighting a global pandemic situation is quite different. Businesses today need to mobilize resources efficiently and effectively to ensure their survival.
“The number one problem that I’ve seen for startups is that they don’t have product/market fit when they think they have.” Alex Schultz, VP Growth| Facebook
It is not long when Blockchain was a buzz word and every business out there was rushing to hire resources for Ethereum development (Ethereum being one of the most popular Blockchains). But with time, the people and industry have matured, and now businesses emphasis on getting comprehensive Blockchain consulting services first before deciding to invest in the solution development.