Tuesday, September 1, 2020

The Big Picture: The Rise in Technology in Post Covid-19

 

 

The Corona Virus pandemic has changed how the world functions, in attempting to contain the virus, countries have established mobility restrictions and, in some cases, lockdowns, which have fundamentally disrupted the functioning of society and the economy. This disruption has transformed the ways in which communities, businesses and individuals operate, communicate and transfer knowledge. This has give technology a lift, hence create digital awareness globally.

During the lockdown businesses have adapted quickly to new ways of working, new methods to engage with customers and the business environment. Seeing a streamlining of decision-making processes and the use of technology and data to increase responsiveness and planning. The Covid-19 has made everyone to revisit the global norms that have been the backdrop for business for the last century. With the emergence of technological trends, socio-demographic shifts, political and economic uncertainty, COVID-19 has shaped the entire economic and geopolitical systems.

 In addition, the nature of trade has undergone a profound shift in an increasingly digital, interconnected cyber world. Resilience and connectivity is now the new watchwords as organizations seek to adjust to this unpredictable future. 

 

The Paradigm shift has already being recognized in Africa, where the acquisitions of digital skills serve as a hedge against unemployment risks. This reality has begun to drive African youth to focus on developing these skills, which are available on globally accessible virtual learning platforms, including the African Development Bank’s Code of Employment Platform, e-learning platform. The Bank’s flagship digital skills program equips African youth with demand-driven ICT skills and connects them to opportunities in the technology sector to develop solutions and create innovative products to solve day-to-day problems.

While not all forms of learning can occur digitally, the sharp increase in digital learning shows the transformative potential of such platforms. Since the pandemic began, for instance, technological learning (e-learning) has seen the number of users rise drastically within a short period of time. This upsurge illustrates that e-learning offers cost savings, including travel and accommodation, over traditional learning.

The transformation of global business and public administration systems has already accelerated because of the COVID-19 pandemic, even as businesses and NGOs struggle to survive. Those that survived the shakeout are those that are best prepared for the coming of the fourth Industrial Revolution.


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National Mail is an online news platform of Trade Nigeria that focuses on business development, Investment, trade, economic exchange and development. 

 

 

 


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