Saturday, 23 May 2020

Business And Profession Mostly Affected By CoVid19

Business And Profession Mostly Affected By CoVid19
व्यापार और पेशे CoVid19 से ज्यादातर प्रभावित हैं
ये सीमाएँ कुछ उद्योगों में व्यापार मंदी की ओर अग्रसर हैं,
Business and profession are mostly influenced by CoVid19
These limits are leading to a trade slowdown in some industries,
While there are some who are least affected by the epidemic.
Finance, Entertainment, Technology, Hyperlocal Marketplace, Travel, Retail, Hospitality - Let us see the impact of COVID-2019 outbreak on these industries.
1. Tech
This year, 10 major technical conferences have been canceled, including Google I / O, Mobile World Congress, Facebook F8, SXSW, Electronic Entertainment Expo (E3), etc. due to the coronovirus outbreak.
Coronavirus has a mixed effect on tech companies. With a work-in-isolation policy for employees, there are companies that make the most of it in terms of benefits. for example:
Slack Technologies Inc. confirms that due to the global decline from COVID-19, there is a surge of interest in workplace-collaboration software.
Zoom, an enterprise video communications solution is one of the most downloaded commercial apps in the US on the Apple Store in the second week of March 2020 (according to App Annie).
As technology companies have closed their offices and stores, restricting their officers to travel to the affected areas, this has adversely affected supply chains. For example, manufacturers in China are major suppliers of technology companies around the world. Manufacturers who have been affected by coronaviruses are failing to deliver on time, affecting various technology businesses.
On the other hand, IT firms are realizing the benefits of outsourcing more than ever. Remote work is preferred among COVID-19 and thus tasks such as software development and maintenance are minimally affected by coronaviruses.
2. Insurance
The emergence of coronovirus cases may end with demand for certain insurance types. As the COVID-19 virus continues to make headlines, there is an increase in demand and awareness about insurance plans for health and life coverage.
Demand for life and health insurance policies has seen a 35–40% jump on online insurance platforms in India (source). On the other hand, travel insurers have experienced a decline in the number of insurance due to travel restrictions. There are positives and negatives of the coronovirus epidemic on the insurance industry, depending on the type of insurance company.
3. Sports and entertainment
Disney and Universal Studios plan to close several theme parks because large gatherings could trigger the spread of coronoviruses.
The NBA has suspended its season after a player tested positive for COVID-19. In addition, Arsenal Football Club have kept their players in self-isolation and postponed the Manchester City game due to coronovirus.
Movie theaters are temporarily closed in parts of India amidst the proliferation of COVID-19.
The entertainment industry is being adversely affected by the outbreak of coronavirus. However, as more people stay at home, are in self-isolation, and take quarantine measures, the use of alternative entertainment services such as games, video-on-demand, and so on increases app downloads, according to Financial Times number of. China grew after measures of isolation were taken nationwide. The impact of COVID-19 is expected to increase the number of subscribers of video streaming companies like Netflix, Amazon, Disney +.
4. Hyperlocal Marketplace
While people are subject to isolation to minimize the effects of COVID-19, hyperlocal delivery services are taking the most advantage of it. Doorstep delivery services for food, medicines, groceries, packages etc. are gaining momentum. To make it safe for recipients and riders, food delivery companies such as Deliveroo, Postmart, Instacart, Zomato are offering options to opt for contact-less delivery, with the rider dropping the package out the door.
5. Travel and Tourism
The travel and tourism industry is badly affected by the outbreak of coronavirus. With COVID-19 being an epidemic, people are avoiding traveling to different countries and cities, which has negatively impacted the travel business and affected the tourism benefits of the affected countries.
Airlines are cutting excessive flight and flight rates because more people have decided not to fly during the outbreak. According to the International Air Transport Association (IATA), global airlines could lose $ 113 billion in sales if the coronovaire continues to expand at this pace.
US airlines demanded more than $ 50 billion in federal aid due to a dramatic reduction in passenger traffic.
According to IATA, at the end of the year, airlines could lose 11–19% in global passenger revenue.
6. Retail and eCommerce

The mall, shopping centers are temporarily closed under the influence of COVID-19. Also, since people distance themselves from social gatherings and crowded places, they prefer to place their orders.






जबकि कुछ ऐसे हैं जो महामारी से कम से कम प्रभावित हैं।
वित्त, मनोरंजन, तकनीक, हाइपरलोकल मार्केटप्लेस, ट्रैवल, रिटेल, हॉस्पिटैलिटी- आइए देखें कि इन उद्योगों पर COVID-2019 के प्रकोप का क्या असर है।
1. टेक
इस साल, कोरोनोवायरस प्रकोप के कारण Google I / O, मोबाइल वर्ल्ड कांग्रेस, फेसबुक F8, SXSW, इलेक्ट्रॉनिक एंटरटेनमेंट एक्सपो (E3), आदि सहित 10 प्रमुख तकनीकी सम्मेलनों को रद्द कर दिया गया है।
तकनीक कंपनियों पर कोरोनावायरस का मिश्रित प्रभाव है। कर्मचारियों के लिए काम-में-अलगाव नीति होने के साथ, ऐसी कंपनियां हैं जो लाभ के मामले में इसका सबसे अधिक लाभ उठाती हैं। उदाहरण के लिए:
स्लैक टेक्नोलॉजीज इंक पुष्टि करता है कि COVID-19 से वैश्विक गिरावट के कारण, कार्यस्थल-सहयोग सॉफ्टवेयर में रुचि का एक उछाल है।
ज़ूम, एक उद्यम वीडियो संचार समाधान मार्च 2020 के दूसरे सप्ताह में ऐप्पल स्टोर पर यूएस में सबसे अधिक डाउनलोड किए जाने वाले व्यावसायिक ऐप में से एक है (ऐप एनी के अनुसार)।
चूंकि प्रौद्योगिकी कंपनियों ने अपने कार्यालयों और स्टोरों को बंद कर दिया है, अपने अधिकारियों को प्रभावित क्षेत्रों की यात्रा करने के लिए प्रतिबंधित किया है, इसने आपूर्ति श्रृंखलाओं पर प्रतिकूल प्रभाव डाला है। उदाहरण के लिए, चीन में निर्माता दुनिया भर की प्रौद्योगिकी कंपनियों के प्रमुख आपूर्तिकर्ता हैं। जिन निर्माताओं को कोरोनावायरस से प्रभावित किया गया है, वे समय पर डिलीवरी करने में विफल हो रहे हैं, जिससे विभिन्न तकनीकी व्यवसायों पर असर पड़ रहा है।
दूसरी तरफ, आईटी फर्मों को पहले से कहीं अधिक आउटसोर्सिंग के लाभों का एहसास हो रहा है। COVID-19 के बीच रिमोट काम को प्राथमिकता दी गई है और इस प्रकार सॉफ्टवेयर विकास और रखरखाव जैसे कार्य कोरोनवायरस से कम से कम प्रभावित होते हैं।
2. बीमा
कोरोनोवायरस मामलों का उदय कुछ बीमा प्रकारों की मांग के साथ समाप्त हो सकता है। जैसा कि COVID-19 वायरस सुर्खियों में जारी है, स्वास्थ्य और जीवन कवरेज के लिए बीमा योजनाओं के बारे में मांग और जागरूकता में बढ़ोतरी है।
जीवन और स्वास्थ्य बीमा पॉलिसियों की मांग में भारत (स्रोत) में ऑनलाइन बीमा प्लेटफार्मों पर 35-40% की छलांग देखी गई है। दूसरी ओर, यात्रा बीमाकर्ताओं ने यात्रा प्रतिबंधों के कारण बीमा की संख्या में गिरावट का अनुभव किया है। बीमा कंपनी के प्रकार के आधार पर, बीमा उद्योग पर कोरोनोवायरस महामारी की सकारात्मकता और नकारात्मकताएं हैं।
3. खेल और मनोरंजन
डिज़नी और यूनिवर्सल स्टूडियो ने कई थीम पार्कों को बंद करने की योजना बनाई है क्योंकि बड़ी सभाएँ कोरोनोवायरस के प्रसार को ट्रिगर कर सकती हैं।
COVID-19 के लिए एक खिलाड़ी के सकारात्मक परीक्षण के बाद एनबीए ने अपना सीज़न निलंबित कर दिया है। इसके अलावा, आर्सेनल फुटबॉल क्लब ने अपने खिलाड़ियों को आत्म-अलगाव में रखा है और कोरोनोवायरस के कारण मैनचेस्टर सिटी गेम को स्थगित कर दिया है।
COVID-19 के प्रसार के बीच भारत के कुछ हिस्सों में मूवी थिएटर अस्थायी रूप से बंद हैं।
कोरोनवायरस के प्रकोप से मनोरंजन उद्योग पर प्रतिकूल प्रभाव पड़ रहा है। हालांकि, जैसे-जैसे अधिक लोग घर पर रहते हैं, आत्म-अलगाव में होते हैं, और संगरोध उपाय करते हैं, वैकल्पिक मनोरंजन सेवाओं जैसे गेम, वीडियो-ऑन-डिमांड आदि का उपयोग बढ़ जाता है, वित्तीय टाइम्स के अनुसार, ऐप डाउनलोड की संख्या। राष्ट्रव्यापी अलगाव के उपाय किए जाने के बाद चीन में वृद्धि हुई। COVID-19 के प्रभाव से नेटफ्लिक्स, अमेज़ॅन, डिज़नी + जैसी वीडियो स्ट्रीमिंग कंपनियों के ग्राहकों की संख्या में वृद्धि होने की उम्मीद है।
4. हाइपरलोकल मार्केटप्लेस
जबकि लोग COVID-19 के प्रभाव को कम करने के लिए अलगाव के अधीन हैं, हाइपरलोकल डिलीवरी सेवाएं इसका सबसे अधिक लाभ उठा रही हैं। भोजन, दवाई, किराना, पैकेज आदि के लिए डोरस्टेप डिलीवरी सेवाएं जोर पकड़ रही हैं। प्राप्तकर्ताओं और सवारों के लिए इसे सुरक्षित बनाने के लिए, खाद्य वितरण कंपनियां जैसे डेलीवरू, पोस्टमार्ट, इंस्टाकार्ट, ज़ोमेटो संपर्क-कम वितरण का चयन करने के लिए विकल्प दे रही हैं, जिसमें राइडर दरवाजे के बाहर पैकेज को छोड़ देता है।
5. यात्रा और पर्यटन
कोरोनवायरस के प्रकोप से यात्रा और पर्यटन उद्योग बुरी तरह प्रभावित होता है। COVID-19 एक महामारी होने के कारण, लोग विभिन्न देशों और शहरों की यात्रा करने से बच रहे हैं, जिससे यात्रा व्यवसाय पर नकारात्मक प्रभाव पड़ा है और इससे प्रभावित देशों के पर्यटन लाभ प्रभावित हुए हैं।
एयरलाइंस अत्यधिक उड़ान और उड़ान दरों में कटौती कर रही हैं क्योंकि अधिक लोगों ने प्रकोप के दौरान उड़ान नहीं भरने का फैसला किया है। इंटरनेशनल एयर ट्रांसपोर्ट एसोसिएशन (IATA) के अनुसार, अगर कोरोनोवायर इस गति से फैलते रहे तो ग्लोबल एयरलाइंस की बिक्री में $ 113 बिलियन का नुकसान हो सकता है।
अमेरिकी एयरलाइनों ने यात्री यातायात में नाटकीय कमी के कारण संघीय सहायता में $ 50 बिलियन से अधिक की मांग की।
आईएटीए के अनुसार, वर्ष के अंत में, एयरलाइनों को वैश्विक यात्री राजस्व में 11-19% का नुकसान हो सकता है।
6. खुदरा और ईकामर्स

COVID-19 के प्रभाव में मॉल, शॉपिंग सेंटर अस्थायी रूप से बंद हैं। इसके अलावा, चूंकि लोग सामाजिक समारोहों और भीड़ भरे स्थानों से दूरी बनाते हैं, इसलिए वे अपने ऑर्डर देना पसंद करते हैं


These limitations are leading to business slowdown in some industries, 
while there are some that are least affected by the pandemic. 
Finance, entertainment, tech, the hyperlocal marketplace, travel, retail, hospitality- let’s check out the impact of COVID-2019 
outbreak on these industries. 

1. Tech 

This year, 10 major tech conferences including Google I/O, Mobile World Congress, Facebook F8, SXSW, Electronic Entertainment Expo (E3), etc. have  been canceled due to the coronavirus outbreak.  

Coronavirus has a mixed impact on tech companies. With work-in-isolation policy being a mandate for employees, there are companies that make the most of it in terms of profit. For example:  

Slack Technologies Inc. confirms that due to the global fallout from COVID-19, there is a surge of interest in workplace-collaboration software.

Zoom, an enterprise video communication solution is one of the most downloaded business apps in the US on Apple Store in the 2nd week of March 2020 (according to App Annie).

Since technology companies have closed their offices and stores, restricting their executives to travel to the affected areas, it has adversely effected the supply chains. For example, manufacturers in China are the key suppliers to technology companies across the globe. Manufacturers who have been impacted by the coronavirus are failing to make on-time delivery, thereby impacting various tech businesses. 

On the other side, IT firms are realizing the benefits of outsourcing, more than ever. Remote working has been  given preference amid the COVID-19 and thus functions such as software development & maintenance are least affected by the coronavirus. 

2. Insurance

The rise of coronavirus cases may end up with the demand for certain insurance types. As the COVID-19 virus continues to dominate the headlines, there is a hike in demand and awareness about insurance plans for health and life coverage. 

The demand for life and health insurance policies has seen a jump of 35-40% on online insurance platforms in India (Source). On the other hand, travel insurers have experienced a dip in the number of insurances due to travel restrictions. Depending upon the type of insurance that a company deals in, there are positives and negatives of coronavirus pandemic on the insurance industry. 

3. Sports & Entertainment 

Disney and Universal Studios have planned to shut down several theme parks as large gatherings may trigger the spread of coronavirus. 

The NBA has suspended its season after a player was tested positive for COVID-19. Also, Arsenal Football Club has placed its players in self-isolation and postponed the Manchester City game due to coronavirus.

Movie theaters are temporarily locked down in parts of India, amidst the COVID-19 spread. 
The entertainment industry is adversely affected by the coronavirus outbreak. However, as more people stay at home, in self-isolation, and take quarantine measures, there is increased use of alternate entertainment services such as games, video-on-demand, etc. According to the Financial Times, the number of app downloads surged in China after the nationwide isolation measures were taken. Video streaming companies such as Netflix, Amazon, Disney+ are expected to have a rise in the number of subscribers in the impact of COVID-19. 

ALSO READ: How to Ensure Business Continuity Amid COVID-19 Crisis?

4. Hyperlocal Marketplaces

While people are under isolation to mitigate the impact of COVID-19, hyperlocal delivery services are making the most of it. Doorstep delivery services for food, medicine, grocery, packages, etc. are gaining ground. To make it safe for the recipients and riders, food delivery companies such as Deliveroo, Postmates, Instacart, Zomato are giving options to choose contact-less delivery, wherein the rider drops-off the package outside the doorstep. 

5. Travel & Tourism 

The travel & tourism industry is severely affected by the coronavirus outbreak. With COVID-19 being a pandemic, people are avoiding travel to different countries and cities, which has negatively impacted the travel business and has affected  the tourism benefits of the affected countries. 

Airlines are drastically cutting flights and flight rates as more people have decided not to fly during the outbreak. According to the International Air Transport Association (IATA), global airlines may lose $113 billion in sales if the coronavirus continues to spread at this pace. 

The U.S. airlines asked for over $50 billion in federal assistance due to the dramatic decrease in passenger traffic.

At the end of the year, airlines can have 11-19% loss in global passenger revenues, according to IATA. 
6. Retail & eCommerce

Malls, shopping centers are temporarily shut down  in effect to COVID-19. Also, since people distance themselves from social gatherings and crowded spaces, they prefer ordering their favorites or necessities online. Similar is the case with the retail business. 

On the contrary, digital commerce businesses are trying to make the most of this situation. Nevertheless, thriving in such an outbreak is still a challenging job for eCommerce businesses. 

7. Fintech

The COVID-19 spread is proven to be the biggest threat to the global economy and financial markets. If we look at the short term impact, we could see people making safer investments in the market. This means there are fewer investments in the stock market, a negative impact on VC funding of existing and new fintech firms. 

The Fintech  sector have experienced a drop in transactions at all levels. Since people have self-isolated to protect themselves against the COVID-19 spread, they are spending less than usual, leading to a low transaction rate. In fact, cryptocurrencies such as Bitcoin, Ethereum have experienced a major dip amid the coronavirus effect. 

However, in the end, policies, health and our very survival are within our control. Scenarios and anticipation of work can be powerful tools to imagine a possible future. We must make a policy that prevents and, where needed, prepares for those futures we do not want. Well, we all will prepare for the worst and hope for a new dawn without the nemesis of COVID-19. 

In these tough times technology can aid business to find alternate avenues to reach out to their customers. Worth mentioning here is a business continuation journey of one of our customers who provides a school bus tracking system to 1000+ schools across India. Since the lockdown forced all educational institutions to shut down, the client saw this as an opportunity in disguise. The client asked Daffodil Software to develop an online teaching platform for schools and other educational institutes, which Daffodil delivered in a record time. The client was successfully able to implement the online teaching portal in more than 200 schools across the country.



No comments:

Post a comment